In 2023, South Korea's gross domestic product (GDP) increased by 1.4 percent year-on-year, while the manufacturing sector grew by approximately one percent. The manufacturing sector makes up a large part of the South Korean economy and has helped South Korea achieve rapid economic growth over the past decades. While manufacturing made an essential contribution to the economy during the COVID-19 pandemic, its overall contribution has slowed down in recent years.
Gross domestic product (GDP) and manufacturing growth in South Korea from 1954 to 2023
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Manufacturing growth
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KOSIS. (June 5, 2024). Gross domestic product (GDP) and manufacturing growth in South Korea from 1954 to 2023 [Graph]. In Statista. Retrieved July 19, 2024, from https://www.statista.com/statistics/1323212/south-korea-gdp-and-manufacturing-growth-rate/
KOSIS. "Gross domestic product (GDP) and manufacturing growth in South Korea from 1954 to 2023." Chart. June 5, 2024. Statista. Accessed July 19, 2024. https://www.statista.com/statistics/1323212/south-korea-gdp-and-manufacturing-growth-rate/
KOSIS. (2024). Gross domestic product (GDP) and manufacturing growth in South Korea from 1954 to 2023. Statista. Statista Inc.. Accessed: July 19, 2024. https://www.statista.com/statistics/1323212/south-korea-gdp-and-manufacturing-growth-rate/
KOSIS. "Gross Domestic Product (Gdp) and Manufacturing Growth in South Korea from 1954 to 2023." Statista, Statista Inc., 5 Jun 2024, https://www.statista.com/statistics/1323212/south-korea-gdp-and-manufacturing-growth-rate/
KOSIS, Gross domestic product (GDP) and manufacturing growth in South Korea from 1954 to 2023 Statista, https://www.statista.com/statistics/1323212/south-korea-gdp-and-manufacturing-growth-rate/ (last visited July 19, 2024)
Gross domestic product (GDP) and manufacturing growth in South Korea from 1954 to 2023 [Graph], KOSIS, June 5, 2024. [Online]. Available: https://www.statista.com/statistics/1323212/south-korea-gdp-and-manufacturing-growth-rate/