World Bank · Economy

Korea, Republic of: Gross value added at basic prices (GVA) (constant LCU)

2149.32Tconstant LCU · 2025+27.3% since 2015

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units. Reported as: GVA. Annual figures for Korea, Republic of from 1960 to 2025.

19862025

Every year

YearValue (constant LCU)Note
20252,149,322,600,000,000
20242,124,455,100,000,000
20232,081,560,500,000,000
20222,040,141,200,000,000
20211,977,192,500,000,000
20201,890,776,200,000,000
20191,907,157,600,000,000
20181,861,421,100,000,000
20171,801,130,900,000,000
20161,740,195,600,000,000
20151,688,389,200,000,000
20141,641,589,400,000,000
20131,591,988,600,000,000
20121,538,317,500,000,000
20111,499,368,500,000,000
20101,446,670,700,000,000
20091,352,852,500,000,000
20081,341,154,900,000,000
20071,297,657,200,000,000
20061,222,059,400,000,000
20051,160,377,000,000,000
20041,111,882,100,000,000
20031,056,313,600,000,000
20021,023,567,400,000,000
2001947,783,100,000,000
2000905,711,600,000,000
1999830,274,200,000,000
1998746,766,500,000,000
1997782,149,000,000,000
1996735,303,500,000,000
1995681,182,700,000,000
1994620,826,200,000,000
1993568,756,700,000,000
1992530,136,200,000,000
1991497,101,000,000,000
1990447,544,500,000,000
1989407,810,500,000,000
1988380,771,800,000,000
1987339,509,400,000,000
1986302,042,100,000,000
1985270,872,500,000,000
1984250,624,100,000,000
1983226,781,300,000,000
1982200,902,300,000,000
1981185,478,200,000,000
1980172,260,500,000,000
1979174,167,200,000,000
1978159,859,900,000,000
1977145,012,400,000,000
1976130,871,300,000,000
1975116,777,000,000,000
1974107,849,100,000,000
197398,617,400,000,000
197286,144,300,000,000
197180,139,700,000,000
197072,518,300,000,000
196966,186,100,000,000
196857,868,600,000,000
196751,375,400,000,000
196647,295,500,000,000
196542,268,800,000,000
196439,495,200,000,000
196336,023,100,000,000
196233,064,200,000,000
196131,919,300,000,000
196029,710,000,000,000

Source

Published by World Bank, produced by National statistical offices, Central banks, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Gross value added at basic prices (GVA) (constant LCU). Interva. https://interva.co/dataset/worldbank-gross-value-added-at-basic-prices-kn (accessed 2026-11-07). catalog snapshot 2026-11-07.

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Korea, Republic of: Gross value added at basic prices (GVA) (constant LCU) (1960–2025) · Interva