In 2022, the manufacturing sector contributed around 0.4 percentage points to overall economic growth in South Korea, a decrease from the contribution of about 1.8 percentage points in the previous year. The manufacturing sector's contribution to growth has been steadily declining over the past decades.
Contribution rate of the manufacturing industry to economic growth in South Korea from 1954 to 2022
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Bank of Korea. (December 5, 2023). Contribution rate of the manufacturing industry to economic growth in South Korea from 1954 to 2022 [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1323334/south-korea-contribution-level-of-manufacturing-to-growth/
Bank of Korea. "Contribution rate of the manufacturing industry to economic growth in South Korea from 1954 to 2022." Chart. December 5, 2023. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1323334/south-korea-contribution-level-of-manufacturing-to-growth/
Bank of Korea. (2023). Contribution rate of the manufacturing industry to economic growth in South Korea from 1954 to 2022. Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1323334/south-korea-contribution-level-of-manufacturing-to-growth/
Bank of Korea. "Contribution Rate of The Manufacturing Industry to Economic Growth in South Korea from 1954 to 2022." Statista, Statista Inc., 5 Dec 2023, https://www.statista.com/statistics/1323334/south-korea-contribution-level-of-manufacturing-to-growth/
Bank of Korea, Contribution rate of the manufacturing industry to economic growth in South Korea from 1954 to 2022 Statista, https://www.statista.com/statistics/1323334/south-korea-contribution-level-of-manufacturing-to-growth/ (last visited May 23, 2024)
Contribution rate of the manufacturing industry to economic growth in South Korea from 1954 to 2022 [Graph], Bank of Korea, December 5, 2023. [Online]. Available: https://www.statista.com/statistics/1323334/south-korea-contribution-level-of-manufacturing-to-growth/