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South Korea: Services, value added growth
Annual percentage change in real value added by services (ISIC divisions 45-99), at constant local-currency prices.
Data status: CurrentThe latest figures we have collected are for 2025. 2026 is not overdue until March 27, 2028, a generous allowance for a annual series until we have timed this source’s releases.
Official statisticSource figures as of October 8, 2026Sources & methods
- Sources
- World Bank
- Period covered
- 1961 – 2025
- Source figures as of
- October 8, 2026
- Geography
- South Korea
- Sector
- Services (a national-accounts sector)
- Seasonal adjustment
- Not applicable
- Transformations
- Views other than the level (changes, averages, volatility) are calculated by CK Economics from these figures
- Revisions
- Replaced with the source’s latest figures whenever it revises them.
- Data status
- Current
Key figures
CK estimateAnnual % change · calculated by CK Economics from World Bank data
- Latest · 2025
- 1.74
- +0.1 pp vs a year earlier1
- 5-year change
- +2.2 pp
- since 20202
- 10-year change
- −1.4 pp
- since 20152
- Record high
- 16.1
- 19683
- Record low
- −1.96
- 19983
- Where the latest ranks
- 7th pct.
- Higher than 7% of the other 64 observations since 19614
- 1Latest observation against the observation one year earlier (for weekly data, the nearest within three days).
- 2Latest observation against the observation five and ten years earlier.
- 3Highest and lowest published observations across the full history shown.
- 4Share of the other published observations that are lower than the latest one, rounded down.
Methodology
Annual percentage change in real value added by services (ISIC divisions 45-99), at constant local-currency prices. Compiled by the World Bank from national statistical offices and international agencies; some series (labour force participation) are ILO modelled estimates. Source series NV.SRV.TOTL.KD.ZG. Licence: CC BY 4.0.
Source
World Bank, World Development Indicators (WDI 2026-10-08). https://data.worldbank.org/indicator/NV.SRV.TOTL.KD.ZG?locations=KOR
All data
| Period | Value | Change y/y |
|---|---|---|
| 2025 | 1.74 | +0.12 pp |
| 2024 | 1.62 | −1.06 pp |
| 2023 | 2.68 | −1.12 pp |
| 2022 | 3.8 | −0.55 pp |
| 2021 | 4.35 | +4.77 pp |
| 2020 | −0.43 | −4.22 pp |
| 2019 | 3.8 | −0.39 pp |
| 2018 | 4.19 | +1.36 pp |
| 2017 | 2.83 | −0.58 pp |
| 2016 | 3.41 | +0.28 pp |
| 2015 | 3.13 | +0.12 pp |
| 2014 | 3.01 | −0.51 pp |
| 2013 | 3.52 | +0.12 pp |
| 2012 | 3.41 | −0.42 pp |
| 2011 | 3.83 | −1.23 pp |
| 2010 | 5.06 | +3.32 pp |
| 2009 | 1.75 | −2.08 pp |
| 2008 | 3.83 | −2.09 pp |
| 2007 | 5.91 | +1.06 pp |
| 2006 | 4.86 | +0.26 pp |
| 2005 | 4.59 | +1.34 pp |
| 2004 | 3.25 | +0.85 pp |
| 2003 | 2.4 | −6.14 pp |
| 2002 | 8.54 | +2.85 pp |