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World Bank · Economy

Korea, Republic of: Manufacturing, value added (constant LCU)

623.30Tconstant LCU · 2025+27.7% since 2015

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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. Annual figures for Korea, Republic of from 1960 to 2025.

19862025

Every year

YearValue (constant LCU)Note
2025623,301,200,000,000
2024610,925,500,000,000
2023585,750,100,000,000
2022577,227,800,000,000
2021563,294,800,000,000
2020529,030,900,000,000
2019539,843,100,000,000
2018537,180,900,000,000
2017519,574,200,000,000
2016498,368,600,000,000
2015488,241,100,000,000
2014479,768,700,000,000
2013464,238,700,000,000
2012448,531,400,000,000
2011440,818,600,000,000
2010419,224,300,000,000
2009367,654,200,000,000
2008373,880,900,000,000
2007361,880,900,000,000
2006335,392,900,000,000
2005311,370,000,000,000
2004296,519,000,000,000
2003269,225,400,000,000
2002256,939,700,000,000
2001235,201,500,000,000
2000228,534,400,000,000
1999197,154,000,000,000
1998164,905,500,000,000
1997177,929,800,000,000
1996167,589,400,000,000
1995153,983,200,000,000
1994135,791,300,000,000
1993121,346,100,000,000
1992113,153,900,000,000
1991106,444,600,000,000
199093,025,200,000,000
198983,467,800,000,000
198879,889,200,000,000
198770,309,400,000,000
198658,433,700,000,000
198550,145,100,000,000
198446,725,400,000,000
198338,901,400,000,000
198233,200,300,000,000
198131,505,100,000,000
198028,778,800,000,000
197929,129,400,000,000
197826,352,900,000,000
197721,012,400,000,000
197618,044,000,000,000
197514,898,900,000,000
197413,205,900,000,000
197311,330,700,000,000
19728,682,900,000,000
19717,545,400,000,000
19706,432,000,000,000
19695,552,500,000,000
19684,726,600,000,000
19673,855,900,000,000
19663,123,000,000,000
19652,636,600,000,000
19642,153,800,000,000
19631,961,900,000,000
19621,690,000,000,000
19611,466,900,000,000
19601,391,000,000,000

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). Manufacturing, value added (constant LCU). Interva. https://interva.co/dataset/worldbank-manufacturing-value-added-kn (accessed 2026-11-08). catalog snapshot 2026-11-07.

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Korea, Republic of: Manufacturing, value added (constant LCU) (1960–2025) · Interva