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World Bank · Economy

Korea, Republic of: Services, value added (current LCU)

1524.17Tcurrent LCU · 2025+58.9% since 2015

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units. Annual figures for Korea, Republic of from 1960 to 2025.

19862025

Every year

YearValue (current LCU)Note
20251,524,167,800,000,000
20241,470,206,000,000,000
20231,418,346,500,000,000
20221,349,454,400,000,000
20211,264,275,800,000,000
20201,171,665,900,000,000
20191,161,848,500,000,000
20181,111,568,600,000,000
20171,055,425,100,000,000
20161,007,734,200,000,000
2015959,370,600,000,000
2014904,369,600,000,000
2013862,986,100,000,000
2012827,275,800,000,000
2011792,243,900,000,000
2010757,033,600,000,000
2009706,574,600,000,000
2008680,750,400,000,000
2007629,745,000,000,000
2006576,712,200,000,000
2005541,527,900,000,000
2004506,208,300,000,000
2003472,801,000,000,000
2002440,942,300,000,000
2001393,614,100,000,000
2000354,426,400,000,000
1999322,071,000,000,000
1998294,387,600,000,000
1997287,413,900,000,000
1996257,664,900,000,000
1995224,781,600,000,000
1994191,265,700,000,000
1993161,949,000,000,000
1992140,688,500,000,000
1991119,494,300,000,000
199097,610,200,000,000
198980,317,600,000,000
198868,477,100,000,000
198757,432,700,000,000
198648,224,900,000,000
198540,628,100,000,000
198435,286,500,000,000
198330,517,600,000,000
198226,005,800,000,000
198122,211,600,000,000
198017,662,400,000,000
197913,211,800,000,000
197810,209,000,000,000
19777,601,500,000,000
19765,886,000,000,000
19754,333,200,000,000
19743,354,400,000,000
19732,307,600,000,000
19721,814,100,000,000
19711,448,900,000,000
19701,141,100,000,000
1969887,500,000,000
1968677,100,000,000
1967524,900,000,000
1966392,300,000,000
1965286,100,000,000
1964224,600,000,000
1963174,900,000,000
1962142,000,000,000
1961114,400,000,000
196098,600,000,000

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). Services, value added (current LCU). Interva. https://interva.co/dataset/worldbank-services-value-added-cn (accessed 2026-11-07). catalog snapshot 2026-11-07.

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Korea, Republic of: Services, value added (current LCU) (1960–2025) · Interva