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World Bank · Economy

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

1347.27Tconstant LCU · 2025+31.7% 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 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
20251,347,266,100,000,000
20241,324,200,800,000,000
20231,303,096,200,000,000
20221,269,070,600,000,000
20211,222,603,200,000,000
20201,171,665,800,000,000
20191,176,689,500,000,000
20181,133,652,700,000,000
20171,088,065,800,000,000
20161,058,132,400,000,000
20151,023,285,500,000,000
2014992,236,300,000,000
2013963,220,400,000,000
2012930,435,600,000,000
2011899,788,000,000,000
2010866,598,200,000,000
2009824,841,200,000,000
2008810,693,900,000,000
2007780,807,400,000,000
2006737,213,200,000,000
2005703,074,700,000,000
2004672,212,000,000,000
2003651,045,200,000,000
2002635,773,800,000,000
2001585,737,200,000,000
2000554,190,100,000,000
1999513,656,800,000,000
1998467,020,500,000,000
1997476,377,200,000,000
1996443,385,800,000,000
1995410,290,100,000,000
1994376,247,600,000,000
1993343,889,900,000,000
1992317,346,000,000,000
1991293,738,100,000,000
1990265,754,200,000,000
1989242,734,400,000,000
1988221,859,900,000,000
1987196,948,200,000,000
1986175,457,300,000,000
1985158,633,700,000,000
1984145,859,100,000,000
1983133,654,200,000,000
1982121,532,600,000,000
1981110,802,700,000,000
1980104,212,100,000,000
197998,459,800,000,000
197891,126,900,000,000
197782,527,400,000,000
197674,644,900,000,000
197567,972,700,000,000
197463,032,000,000,000
197358,750,200,000,000
197252,733,700,000,000
197148,670,600,000,000
197043,370,800,000,000
196938,053,200,000,000
196833,263,800,000,000
196728,653,100,000,000
196625,347,700,000,000
196522,794,400,000,000
196421,325,800,000,000
196321,054,100,000,000
196219,933,900,000,000
196118,524,200,000,000
196018,341,200,000,000

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

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