In 2023, the annual production value of pharmaceutical products in the South Korean pharmaceutical industry reached around 26.9 trillion South Korean won. This represents an increase compared to the previous year. The production value has grown steadily over the past decade.
Annual production value of pharmaceutical products in South Korea from 2013 to 2023
(in trillion South Korean won)
Characteristic
Production value in trillion South Korean won
2023
26.87
2022
25.57
2021
22.45
2020
21.02
2019
19.84
2018
18.54
2017
17.55
2016
16.33
2015
14.86
2014
14.28
2013
14.13
Created with Highcharts 7.2.2Production value in trillion South Korean won14.1314.1314.2814.2814.8614.8616.3316.3317.5517.5518.5418.5419.8419.8421.0221.0222.4522.4525.5725.5726.8726.8720132014201520162017201820192020202120222023
051015202530
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MFDS (South Korea). (December 30, 2024). Annual production value of pharmaceutical products in South Korea from 2013 to 2023 (in trillion South Korean won) [Graph]. In Statista. Retrieved May 18, 2025, from https://www.statista.com/statistics/646463/pharmaceutical-production-value-south-korea/
MFDS (South Korea). "Annual production value of pharmaceutical products in South Korea from 2013 to 2023 (in trillion South Korean won)." Chart. December 30, 2024. Statista. Accessed May 18, 2025. https://www.statista.com/statistics/646463/pharmaceutical-production-value-south-korea/
MFDS (South Korea). (2024). Annual production value of pharmaceutical products in South Korea from 2013 to 2023 (in trillion South Korean won). Statista. Statista Inc.. Accessed: May 18, 2025. https://www.statista.com/statistics/646463/pharmaceutical-production-value-south-korea/
MFDS (South Korea). "Annual Production Value of Pharmaceutical Products in South Korea from 2013 to 2023 (in Trillion South Korean Won)." Statista, Statista Inc., 30 Dec 2024, https://www.statista.com/statistics/646463/pharmaceutical-production-value-south-korea/
MFDS (South Korea), Annual production value of pharmaceutical products in South Korea from 2013 to 2023 (in trillion South Korean won) Statista, https://www.statista.com/statistics/646463/pharmaceutical-production-value-south-korea/ (last visited May 18, 2025)
Annual production value of pharmaceutical products in South Korea from 2013 to 2023 (in trillion South Korean won) [Graph], MFDS (South Korea), December 30, 2024. [Online]. Available: https://www.statista.com/statistics/646463/pharmaceutical-production-value-south-korea/
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