In 2023, the service sector accounted for about 63 percent of South Korea's gross domestic product (GDP), while manufacturing contributed about 27.6 percent. After the Korean War (1950-1953), South Korea achieved impressive economic growth based largely on the contribution of the manufacturing sector.
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Distribution of gross domestic product (GDP) in South Korea from 1953 to 2023, by economic sector
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Bank of Korea. (January 23, 2025). Distribution of gross domestic product (GDP) in South Korea from 1953 to 2023, by economic sector [Graph]. In Statista. Retrieved June 13, 2025, from https://www.statista.com/statistics/1323012/south-korea-gdp-distribution-south-korea-by-sector/
Bank of Korea. "Distribution of gross domestic product (GDP) in South Korea from 1953 to 2023, by economic sector." Chart. January 23, 2025. Statista. Accessed June 13, 2025. https://www.statista.com/statistics/1323012/south-korea-gdp-distribution-south-korea-by-sector/
Bank of Korea. (2025). Distribution of gross domestic product (GDP) in South Korea from 1953 to 2023, by economic sector. Statista. Statista Inc.. Accessed: June 13, 2025. https://www.statista.com/statistics/1323012/south-korea-gdp-distribution-south-korea-by-sector/
Bank of Korea. "Distribution of Gross Domestic Product (Gdp) in South Korea from 1953 to 2023, by Economic Sector." Statista, Statista Inc., 23 Jan 2025, https://www.statista.com/statistics/1323012/south-korea-gdp-distribution-south-korea-by-sector/
Bank of Korea, Distribution of gross domestic product (GDP) in South Korea from 1953 to 2023, by economic sector Statista, https://www.statista.com/statistics/1323012/south-korea-gdp-distribution-south-korea-by-sector/ (last visited June 13, 2025)
Distribution of gross domestic product (GDP) in South Korea from 1953 to 2023, by economic sector [Graph], Bank of Korea, January 23, 2025. [Online]. Available: https://www.statista.com/statistics/1323012/south-korea-gdp-distribution-south-korea-by-sector/