South Korea Manufacturing Output 1960-2024

Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
  • South Korea manufacturing output for 2022 was $426.77B, a 7.45% decline from 2021.
  • South Korea manufacturing output for 2021 was $461.10B, a 13.16% increase from 2020.
  • South Korea manufacturing output for 2020 was $407.47B, a 2.18% decline from 2019.
  • South Korea manufacturing output for 2019 was $416.53B, a 9.35% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $751.34B
South Korea $426.77B
Italy $283.94B
France $259.41B
United Kingdom $259.33B
Ireland $198.76B
Spain $162.70B
Saudi Arabia $162.68B
Switzerland $143.93B
Poland $121.77B
Netherlands $108.64B
Argentina $97.37B
Singapore $95.70B
Australia $90.83B
Sweden $73.83B
Austria $73.32B
Belgium $72.95B
Czech Republic $61.63B
Puerto Rico $48.80B
Finland $44.51B
Denmark $43.25B
Portugal $31.29B
Hungary $30.72B
Chile $29.32B
Norway $27.61B
Slovak Republic $23.47B
Qatar $22.05B
Greece $19.29B
Oman $12.04B
Lithuania $11.99B
Slovenia $11.89B
Bahrain $9.52B
Croatia $7.87B
Uruguay $7.37B
Latvia $5.19B
Estonia $4.86B
Panama $3.80B
Brunei $3.69B
Luxembourg $3.69B
Iceland $2.91B
Cyprus $1.63B
Bahamas $0.13B
Seychelles $0.09B
Antigua and Barbuda $0.03B
St. Kitts and Nevis $0.03B
South Korea Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2022 $426.77B 25.63%
2021 $461.10B 25.46%
2020 $407.47B 24.78%
2019 $416.53B 25.22%
2018 $459.47B 26.64%
2017 $437.57B 26.95%
2016 $395.40B 26.36%
2015 $389.98B 26.61%
2014 $401.40B 27.04%
2013 $380.89B 27.79%
2012 $355.81B 27.83%
2011 $353.87B 28.24%
2010 $313.92B 27.44%
2009 $243.30B 25.77%
2008 $268.35B 25.62%
2007 $298.82B 25.48%
2006 $266.52B 25.31%
2005 $240.62B 25.74%
2004 $207.16B 26.12%
2003 $169.52B 24.12%
2002 $153.59B 24.49%
2001 $136.25B 24.88%
2000 $152.39B 26.45%
1999 $127.73B 25.67%
1998 $97.62B 25.47%
1997 $140.51B 24.66%
1996 $150.74B 24.71%
1995 $146.19B 25.80%
1994 $117.30B 25.30%
1993 $96.76B 24.64%
1992 $86.79B 24.41%
1991 $83.29B 25.19%
1990 $70.90B 25.02%
1989 $65.67B 26.60%
1988 $55.09B 27.60%
1987 $39.54B 26.73%
1986 $29.73B 25.45%
1985 $24.54B 24.23%
1984 $23.96B 24.57%
1983 $20.16B 22.97%
1982 $17.11B 21.84%
1981 $15.92B 21.83%
1980 $14.38B 21.99%
1979 $14.49B 21.65%
1978 $10.99B 21.14%
1977 $8.10B 21.07%
1976 $6.41B 21.45%
1975 $4.39B 20.13%
1974 $4.08B 20.86%
1973 $2.98B 21.49%
1972 $2.03B 18.73%
1971 $1.65B 16.67%
1970 $1.56B 17.36%
1969 $1.31B 17.07%
1968 $1.05B 17.15%
1967 $0.82B 16.81%
1966 $0.66B 16.70%
1965 $0.53B 17.10%
1964 $0.49B 14.25%
1963 $0.51B 12.84%
1962 $0.33B 11.70%
1961 $0.29B 11.97%
1960 $0.45B 11.40%