Korea - Services
Services, etc., value added (current US$)
The latest value for Services, etc., value added (current US$) in Korea was $531,859,000,000 as of 2010. Over the past 45 years, the value for this indicator has fluctuated between $564,779,000,000 in 2007 and $1,122,582,000 in 1965.
Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1965 | $1,122,582,000 |
| 1966 | $1,472,708,000 |
| 1967 | $1,944,582,000 |
| 1968 | $2,436,159,000 |
| 1969 | $3,035,717,000 |
| 1970 | $3,627,318,000 |
| 1971 | $4,091,891,000 |
| 1972 | $4,481,153,000 |
| 1973 | $5,580,689,000 |
| 1974 | $7,912,082,000 |
| 1975 | $8,497,107,000 |
| 1976 | $11,458,060,000 |
| 1977 | $14,699,790,000 |
| 1978 | $19,646,900,000 |
| 1979 | $25,236,980,000 |
| 1980 | $26,844,570,000 |
| 1981 | $29,610,880,000 |
| 1982 | $31,766,970,000 |
| 1983 | $34,941,670,000 |
| 1984 | $38,598,970,000 |
| 1985 | $40,918,600,000 |
| 1986 | $47,444,660,000 |
| 1987 | $59,997,200,000 |
| 1988 | $80,024,610,000 |
| 1989 | $102,181,000,000 |
| 1990 | $117,277,000,000 |
| 1991 | $137,823,000,000 |
| 1992 | $152,069,000,000 |
| 1993 | $168,616,000,000 |
| 1994 | $197,258,000,000 |
| 1995 | $241,491,000,000 |
| 1996 | $263,869,000,000 |
| 1997 | $246,284,000,000 |
| 1998 | $169,703,000,000 |
| 1999 | $216,753,000,000 |
| 2000 | $272,898,000,000 |
| 2001 | $264,766,000,000 |
| 2002 | $305,037,000,000 |
| 2003 | $341,391,000,000 |
| 2004 | $376,519,000,000 |
| 2005 | $446,727,000,000 |
| 2006 | $509,183,000,000 |
| 2007 | $564,779,000,000 |
| 2008 | $507,732,000,000 |
| 2009 | $453,891,000,000 |
| 2010 | $531,859,000,000 |
Services, etc., value added (current LCU)
The value for Services, etc., value added (current LCU) in Korea was 614,861,000,000,000 as of 2010. As the graph below shows, over the past 45 years this indicator reached a maximum value of 614,861,000,000,000 in 2010 and a minimum value of 299,056,000,000 in 1965.
Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1965 | 299,056,000,000 |
| 1966 | 399,605,000,000 |
| 1967 | 526,048,000,000 |
| 1968 | 673,964,000,000 |
| 1969 | 874,772,000,000 |
| 1970 | 1,126,500,000,000 |
| 1971 | 1,420,500,000,000 |
| 1972 | 1,760,600,000,000 |
| 1973 | 2,222,900,000,000 |
| 1974 | 3,200,200,000,000 |
| 1975 | 4,112,600,000,000 |
| 1976 | 5,545,700,000,000 |
| 1977 | 7,114,700,000,000 |
| 1978 | 9,509,100,000,000 |
| 1979 | 12,214,700,000,000 |
| 1980 | 16,306,200,000,000 |
| 1981 | 20,165,900,000,000 |
| 1982 | 23,224,200,000,000 |
| 1983 | 27,106,000,000,000 |
| 1984 | 31,110,000,000,000 |
| 1985 | 35,600,000,000,000 |
| 1986 | 41,820,100,000,000 |
| 1987 | 49,351,900,000,000 |
| 1988 | 58,535,600,000,000 |
| 1989 | 68,610,600,000,000 |
| 1990 | 83,003,700,000,000 |
| 1991 | 101,073,000,000,000 |
| 1992 | 118,713,000,000,000 |
| 1993 | 135,343,000,000,000 |
| 1994 | 158,487,000,000,000 |
| 1995 | 186,255,000,000,000 |
| 1996 | 212,270,000,000,000 |
| 1997 | 234,287,000,000,000 |
| 1998 | 237,829,000,000,000 |
| 1999 | 257,680,000,000,000 |
| 2000 | 308,637,000,000,000 |
| 2001 | 341,810,000,000,000 |
| 2002 | 381,629,000,000,000 |
| 2003 | 406,805,000,000,000 |
| 2004 | 431,235,000,000,000 |
| 2005 | 457,502,000,000,000 |
| 2006 | 486,163,000,000,000 |
| 2007 | 524,827,000,000,000 |
| 2008 | 559,546,000,000,000 |
| 2009 | 579,588,000,000,000 |
| 2010 | 614,861,000,000,000 |
Services, etc., value added (constant 2000 US$)
The latest value for Services, etc., value added (constant 2000 US$) in Korea was 390,772,000,000 as of 2010. Over the past 40 years, the value for this indicator has fluctuated between 390,772,000,000 in 2010 and 39,757,110,000 in 1970.
Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 39,757,110,000 |
| 1971 | 43,384,330,000 |
| 1972 | 45,208,470,000 |
| 1973 | 48,718,700,000 |
| 1974 | 50,985,030,000 |
| 1975 | 53,346,390,000 |
| 1976 | 57,273,040,000 |
| 1977 | 61,695,340,000 |
| 1978 | 66,395,420,000 |
| 1979 | 70,152,210,000 |
| 1980 | 72,507,620,000 |
| 1981 | 75,951,890,000 |
| 1982 | 81,257,970,000 |
| 1983 | 87,589,600,000 |
| 1984 | 94,104,260,000 |
| 1985 | 101,583,000,000 |
| 1986 | 110,677,000,000 |
| 1987 | 121,895,000,000 |
| 1988 | 134,429,000,000 |
| 1989 | 144,468,000,000 |
| 1990 | 155,766,000,000 |
| 1991 | 169,109,000,000 |
| 1992 | 181,120,000,000 |
| 1993 | 193,395,000,000 |
| 1994 | 208,212,000,000 |
| 1995 | 225,032,000,000 |
| 1996 | 238,965,000,000 |
| 1997 | 251,068,000,000 |
| 1998 | 241,172,000,000 |
| 1999 | 257,020,000,000 |
| 2000 | 272,898,000,000 |
| 2001 | 285,257,000,000 |
| 2002 | 307,193,000,000 |
| 2003 | 312,392,000,000 |
| 2004 | 320,070,000,000 |
| 2005 | 331,575,000,000 |
| 2006 | 346,184,000,000 |
| 2007 | 363,644,000,000 |
| 2008 | 373,525,000,000 |
| 2009 | 377,697,000,000 |
| 2010 | 390,772,000,000 |
Services, etc., value added (annual % growth)
The value for Services, etc., value added (annual % growth) in Korea was 3.46 as of 2010. As the graph below shows, over the past 39 years this indicator reached a maximum value of 10.28 in 1988 and a minimum value of -3.94 in 1998.
Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1971 | 9.12 |
| 1972 | 4.20 |
| 1973 | 7.76 |
| 1974 | 4.65 |
| 1975 | 4.63 |
| 1976 | 7.36 |
| 1977 | 7.72 |
| 1978 | 7.62 |
| 1979 | 5.66 |
| 1980 | 3.36 |
| 1981 | 4.75 |
| 1982 | 6.99 |
| 1983 | 7.79 |
| 1984 | 7.44 |
| 1985 | 7.95 |
| 1986 | 8.95 |
| 1987 | 10.14 |
| 1988 | 10.28 |
| 1989 | 7.47 |
| 1990 | 7.82 |
| 1991 | 8.57 |
| 1992 | 7.10 |
| 1993 | 6.78 |
| 1994 | 7.66 |
| 1995 | 8.08 |
| 1996 | 6.19 |
| 1997 | 5.06 |
| 1998 | -3.94 |
| 1999 | 6.57 |
| 2000 | 6.18 |
| 2001 | 4.53 |
| 2002 | 7.69 |
| 2003 | 1.69 |
| 2004 | 2.46 |
| 2005 | 3.59 |
| 2006 | 4.41 |
| 2007 | 5.04 |
| 2008 | 2.72 |
| 2009 | 1.12 |
| 2010 | 3.46 |
Services, etc., value added (constant LCU)
The value for Services, etc., value added (constant LCU) in Korea was 539,180,000,000,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 539,180,000,000,000 in 2010 and a minimum value of 54,856,100,000,000 in 1970.
Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 54,856,100,000,000 |
| 1971 | 59,860,900,000,000 |
| 1972 | 62,377,800,000,000 |
| 1973 | 67,221,100,000,000 |
| 1974 | 70,348,200,000,000 |
| 1975 | 73,606,300,000,000 |
| 1976 | 79,024,300,000,000 |
| 1977 | 85,126,100,000,000 |
| 1978 | 91,611,200,000,000 |
| 1979 | 96,794,700,000,000 |
| 1980 | 100,045,000,000,000 |
| 1981 | 104,797,000,000,000 |
| 1982 | 112,118,000,000,000 |
| 1983 | 120,854,000,000,000 |
| 1984 | 129,843,000,000,000 |
| 1985 | 140,162,000,000,000 |
| 1986 | 152,710,000,000,000 |
| 1987 | 168,188,000,000,000 |
| 1988 | 185,483,000,000,000 |
| 1989 | 199,334,000,000,000 |
| 1990 | 214,923,000,000,000 |
| 1991 | 233,333,000,000,000 |
| 1992 | 249,905,000,000,000 |
| 1993 | 266,843,000,000,000 |
| 1994 | 287,287,000,000,000 |
| 1995 | 310,496,000,000,000 |
| 1996 | 329,719,000,000,000 |
| 1997 | 346,418,000,000,000 |
| 1998 | 332,765,000,000,000 |
| 1999 | 354,631,000,000,000 |
| 2000 | 376,540,000,000,000 |
| 2001 | 393,592,000,000,000 |
| 2002 | 423,860,000,000,000 |
| 2003 | 431,033,000,000,000 |
| 2004 | 441,627,000,000,000 |
| 2005 | 457,502,000,000,000 |
| 2006 | 477,658,000,000,000 |
| 2007 | 501,749,000,000,000 |
| 2008 | 515,383,000,000,000 |
| 2009 | 521,139,000,000,000 |
| 2010 | 539,180,000,000,000 |
Services, etc., value added (% of GDP)
Services, etc., value added (% of GDP) in Korea was 58.17 as of 2010. Its highest value over the past 45 years was 60.84 in 2008, while its lowest value was 39.33 in 1965.
Definition: Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1965 | 39.33 |
| 1966 | 41.40 |
| 1967 | 44.66 |
| 1968 | 44.84 |
| 1969 | 44.58 |
| 1970 | 44.72 |
| 1971 | 45.36 |
| 1972 | 45.06 |
| 1973 | 44.04 |
| 1974 | 44.96 |
| 1975 | 43.60 |
| 1976 | 43.20 |
| 1977 | 43.25 |
| 1978 | 42.98 |
| 1979 | 43.03 |
| 1980 | 47.28 |
| 1981 | 46.65 |
| 1982 | 47.04 |
| 1983 | 46.92 |
| 1984 | 46.56 |
| 1985 | 47.38 |
| 1986 | 47.61 |
| 1987 | 47.76 |
| 1988 | 47.46 |
| 1989 | 49.07 |
| 1990 | 49.49 |
| 1991 | 49.43 |
| 1992 | 51.00 |
| 1993 | 51.42 |
| 1994 | 51.70 |
| 1995 | 51.80 |
| 1996 | 52.77 |
| 1997 | 53.42 |
| 1998 | 54.22 |
| 1999 | 54.51 |
| 2000 | 57.31 |
| 2001 | 59.00 |
| 2002 | 59.78 |
| 2003 | 59.63 |
| 2004 | 58.13 |
| 2005 | 58.96 |
| 2006 | 59.67 |
| 2007 | 60.00 |
| 2008 | 60.84 |
| 2009 | 60.45 |
| 2010 | 58.17 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
