BERD by NACE Rev. 2 activity and type of expenditure in South Korea
South Korea: BERD by NACE Rev. 2 activity and type of expenditure was 72,319 Million euro in 2024. ▲ Rising
Latest (2024)
72,319 Million euro
Change on year
up 8.4%
World rank
5th
of 52 countries
All-time high
72,319 Million euro
in 2024
All-time low
14,576 Million euro
in 2005
Years of data
20
2005–2024
BERD by NACE Rev. 2 activity and type of expenditure in South Korea, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for berd by nace rev. 2 activity and type of expenditure in South Korea is 72,319 Million euro, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 8.4% on the previous year and up 102.8% over ten years.
Over the whole period, berd by nace rev. 2 activity and type of expenditure in South Korea peaked at 72,319 Million euro in 2024 and was at its lowest, 14,576 Million euro, in 2005.
South Korea ranks 5th of 52 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
BERD by NACE Rev. 2 activity and type of expenditure in South Korea, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 14,576 Million euro | — |
| 2006 | 17,626 Million euro | +20.9% |
| 2007 | 18,747 Million euro | +6.4% |
| 2008 | 16,188 Million euro | -13.6% |
| 2009 | 15,887 Million euro | -1.9% |
| 2010 | 21,415 Million euro | +34.8% |
| 2011 | 24,775 Million euro | +15.7% |
| 2012 | 29,856 Million euro | +20.5% |
| 2013 | 32,024 Million euro | +7.3% |
| 2014 | 35,658 Million euro | +11.3% |
| 2015 | 40,696 Million euro | +14.1% |
| 2016 | 42,013 Million euro | +3.2% |
| 2017 | 49,002 Million euro | +16.6% |
| 2018 | 52,988 Million euro | +8.1% |
| 2019 | 54,781 Million euro | +3.4% |
| 2020 | 54,697 Million euro | -0.2% |
| 2021 | 59,678 Million euro | +9.1% |
| 2022 | 65,844 Million euro | +10.3% |
| 2023 | 66,741 Million euro | +1.4% |
| 2024 | 72,319 Million euro | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16,605 Million euro | 14,576 Million euro | 18,747 Million euro | 5 |
| 2010s | 38,321 Million euro | 21,415 Million euro | 54,781 Million euro | 10 |
| 2020s | 63,856 Million euro | 54,697 Million euro | 72,319 Million euro | 5 |
Countries ranked near South Korea
- 2 United States 693,045 Million euro compare
- 3 Japan 106,380 Million euro compare
- 4 Germany 92,514 Million euro compare
- 6 South Korea 66,741 Million euro compare
- 7 France 42,023 Million euro compare
- 8 United Kingdom 30,179 Million euro compare
- 8 United Kingdom 30,179 Million euro compare
More reference data data for South Korea
- GERD by sector of performance and NUTS 2 region 88,821 Million euro (2024)
- Industrial countries' effective exchange rates - quarterly data 71.89 Index, 2015=100 (2026)
- Industrial countries' effective exchange rates - monthly data 73.73 Index, 2015=100 (2026)
- Real effective exchange rate - percentage changes, 42 trading partners 86.64 Index, 2015=100 (2025)
- Industrial countries' effective exchange rates - annual data 78.27 Index, 2015=100 (2025)
- Real effective exchange rate - euro area trading partners 78.27 Index, 2015=100 (2025)
- GERD by sector of performance 88,821 Million euro (2024)
- GERD by sector of performance and source of funds 88,821 Million euro (2024)
- GERD by sector of performance and type of expenditure 88,821 Million euro (2024)
- GERD by source of funds 100.0% (2024)
Frequently asked questions
- What is berd by nace rev. 2 activity and type of expenditure in South Korea?
- Berd by nace rev. 2 activity and type of expenditure in South Korea was 72,319 Million euro in 2024, according to Eurostat.
- What is the highest berd by nace rev. 2 activity and type of expenditure recorded in South Korea?
- The highest recorded value was 72,319 Million euro in 2024.
- What is the lowest berd by nace rev. 2 activity and type of expenditure recorded in South Korea?
- The lowest recorded value was 14,576 Million euro in 2005.
- How does South Korea rank for berd by nace rev. 2 activity and type of expenditure?
- South Korea ranks 5th out of 52 countries with data for 2024.
- Is berd by nace rev. 2 activity and type of expenditure rising or falling in South Korea?
- Over the last ten years it is up 102.8%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Eurostat, published as part of BERD by NACE Rev. 2 activity and type of expenditure. Statizoid updates them automatically from the source API.
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