Services value added — all countries

Services value added — South Korea

Services value added in South Korea in 2025 — 1,071,515,780,931 US$. Ranked 12 in the world out of 158. Since 1960, the indicator has risen by 68,499.8%.

2025 1.07T US$ −0.63% vs 2024
World rank 12of 158
Period maximum 1.11T US$2021
Period minimum 917M US$1961

Trend over time

1960–2025 · US$

Services value added — South Korea, 1960–20250500B1T1.5T19601967197419811988199520022009201620231960: 1,561,980,198 US$1962: 1,092,307,692 US$1964: 1,050,285,087 US$1966: 1,445,800,894 US$1968: 2,447,541,072 US$1970: 3,674,379,934 US$1972: 4,617,273,556 US$1974: 8,293,270,865 US$1976: 12,161,157,025 US$1978: 21,092,975,207 US$1980: 29,077,140,258 US$1982: 35,571,552,497 US$1984: 43,781,091,194 US$1986: 54,710,613,439 US$1988: 93,615,950,274 US$1990: 137,913,446,314 US$1992: 180,219,504,034 US$1994: 238,056,755,042 US$1996: 320,298,145,337 US$1998: 210,061,289,247 US$2000: 313,386,135,200 US$2002: 352,446,985,556 US$2004: 441,980,104,760 US$2006: 604,019,625,248 US$2008: 617,714,657,646 US$2010: 654,612,870,311 US$2012: 734,177,210,696 US$2014: 858,981,041,754 US$2016: 868,161,970,420 US$2018: 1,010,366,915,530 US$2020: 992,713,590,447 US$2022: 1,044,916,862,990 US$2024: 1,078,357,751,902 US$2025: 1,071,515,780,931 US$
Change over the period: +1.07T (+68,499.83%) Average annual rate: 10.57 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 1.07T US$
World computed 46.11T US$
East Asia & Pacific 20.13T US$
Services value added — South Korea, by year South Korea All countries CSV XLSX
Year US$ Change Change, %
2025 1.07T −6.84B −0.63%
2024 1.08T −7.95B −0.73%
2023 1.09T +41.39B +3.96%
2022 1.04T −60.27B −5.45%
2021 1.11T +112B +11.33%
2020 993B −4.28B −0.43%
2019 997B −13.38B −1.32%
2018 1.01T +77.19B +8.27%
2017 933B +65.02B +7.49%
2016 868B +19.88B +2.34%
2015 848B −10.7B −1.25%
2014 859B +70.85B +8.99%
2013 788B +53.95B +7.35%
2012 734B +19.31B +2.7%
2011 715B +60.26B +9.21%
2010 655B +101B +18.3%
2009 553B −64.38B −10.42%
2008 618B −59.97B −8.85%
2007 678B +73.67B +12.2%
2006 604B +75.24B +14.23%
2005 529B +86.8B +19.64%
2004 442B +45.21B +11.39%
2003 397B +44.33B +12.58%
2002 352B +47.55B +15.6%
2001 305B −8.49B −2.71%
2000 313B +42.47B +15.68%
1999 271B +60.86B +28.97%
1998 210B −92.07B −30.47%
1997 302B −18.17B −5.67%
1996 320B +28.86B +9.9%
1995 291B +53.39B +22.43%
1994 238B +36.29B +17.99%
1993 202B +21.54B +11.95%
1992 180B +17.28B +10.6%
1991 163B +25.03B +18.15%
1990 138B +18.3B +15.3%
1989 120B +26B +27.77%
1988 93.62B +23.79B +34.08%
1987 69.82B +15.11B +27.62%
1986 54.71B +8.01B +17.16%
1985 46.7B +2.92B +6.66%
1984 43.78B +4.44B +11.29%
1983 39.34B +3.77B +10.59%
1982 35.57B +2.96B +9.07%
1981 32.61B +3.54B +12.17%
1980 29.08B +1.78B +6.52%
1979 27.3B +6.2B +29.41%
1978 21.09B +5.39B +34.3%
1977 15.71B +3.54B +29.15%
1976 12.16B +3.21B +35.83%
1975 8.95B +660M +7.95%
1974 8.29B +2.5B +43.15%
1973 5.79B +1.18B +25.47%
1972 4.62B +444M +10.63%
1971 4.17B +499M +13.59%
1970 3.67B +595M +19.3%
1969 3.08B +632M +25.84%
1968 2.45B +507M +26.14%
1967 1.94B +495M +34.21%
1966 1.45B +372M +34.63%
1965 1.07B +23.66M +2.25%
1964 1.05B −295M −21.93%
1963 1.35B +253M +23.17%
1962 1.09B +176M +19.15%
1961 917M −645M −41.31%
1960 1.56B

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.