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 $429.06B, a 7.42% decline from 2021.
  • South Korea manufacturing output for 2021 was $463.45B, a 13.74% 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 9.37% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Japan $818.40B
Germany $752.74B
South Korea $429.06B
Italy $306.01B
France $265.23B
United Kingdom $259.31B
Ireland $202.57B
Spain $161.70B
Saudi Arabia $160.03B
Switzerland $150.63B
Poland $120.31B
Netherlands $115.19B
Argentina $101.32B
Singapore $95.70B
Australia $91.30B
Sweden $79.44B
Austria $74.92B
Belgium $73.79B
Czech Republic $60.99B
UAE $49.32B
Puerto Rico $48.80B
Denmark $46.65B
Finland $44.52B
Portugal $31.25B
Hungary $30.51B
Chile $29.32B
Norway $28.93B
Slovak Republic $23.47B
Qatar $21.89B
Greece $19.82B
Oman $12.04B
Slovenia $11.93B
Lithuania $11.56B
Bahrain $9.52B
Croatia $8.41B
Uruguay $7.37B
Trinidad and Tobago $6.68B
Latvia $5.31B
Estonia $4.86B
Panama $3.80B
Brunei $3.69B
Hong Kong $3.40B
Luxembourg $3.13B
Iceland $2.84B
Cyprus $1.53B
Malta $1.28B
Barbados $0.27B
Faroe Islands $0.25B
Macao $0.23B
Bahamas $0.13B
Seychelles $0.09B
Curacao $0.08B
Antigua and Barbuda $0.05B
St. Kitts and Nevis $0.04B
Andorra $0.00B
New Zealand $0.00B
Aruba $0.00B
Guam $0.00B
French Polynesia $0.00B
Sint Maarten (Dutch part) $0.00B
Channel Islands $0.00B
Greenland $0.00B
Israel $0.00B
Virgin Islands (U.S.) $0.00B
New Caledonia $0.00B
British Virgin Islands $0.00B
Canada $0.00B
Gibraltar $0.00B
Liechtenstein $0.00B
Northern Mariana Islands $0.00B
United States $0.00B
Isle of Man $0.00B
Kuwait $0.00B
Palau $0.00B
San Marino $0.00B
Monaco $0.00B
Bermuda $0.00B
Cayman Islands $0.00B
St. Martin (French part) $0.00B
Turks and Caicos Islands $0.00B
South Korea Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2022 $429.06B 25.63%
2021 $463.45B 25.49%
2020 $407.47B 24.78%
2019 $416.53B 25.22%
2018 $459.61B 26.64%
2017 $437.35B 26.95%
2016 $395.28B 26.36%
2015 $390.05B 26.61%
2014 $401.44B 27.04%
2013 $380.84B 27.79%
2012 $355.70B 27.83%
2011 $353.89B 28.24%
2010 $313.81B 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 $117.31B 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%