Small scale industries share in South Korea

South Korea: Small scale industries share was 8.85 in 2023. ▲ Rising

Latest (2023)
8.85
Change on year
up 11.5%
World rank
31st
of 57 countries
All-time high
8.91
in 2020
All-time low
5.16
in 2011
Years of data
12
2011–2023

Small scale industries share in South Korea, 2011–2023

024682011201720232011: 5.22012: 7.12013: 6.42014: 7.82015: 8.12016: 82017: 7.92018: 7.62020: 8.92021: 8.42022: 7.92023: 8.8

Source: Our World in Data.

Analysis

The most recent figure for small scale industries share in South Korea is 8.85, measured in 2023.

That represents a change of up 11.5% on the previous year and up 38.1% over ten years.

Over the whole period, small scale industries share in South Korea peaked at 8.91 in 2020 and was at its lowest, 5.16, in 2011.

That places South Korea 31st out of 57 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Small scale industries share in South Korea, year by year

Annual values for Small scale industries share in South Korea, 2011 to 2023.
Year Value Change
2011 5.16 —
2012 7.13 +38.2%
2013 6.41 -10.1%
2014 7.81 +21.8%
2015 8.09 +3.6%
2016 7.96 -1.6%
2017 7.88 -1.0%
2018 7.64 -3.0%
2020 8.91 +16.6%
2021 8.36 -6.2%
2022 7.94 -5.0%
2023 8.85 +11.5%

South Korea compared with similar countries

  • South Korea's 8.85 is below the median for high income countries, which is 10.22, 87% of the median. (39 countries reporting)
  • South Korea's 8.85 is above the median for East Asia & Pacific, which is 7.84, 1.1× the median. (7 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.26 5.16 8.09 8
2020s 8.52 7.94 8.91 4

Countries ranked near South Korea

  1. 28 Serbia 9.86 compare
  2. 29 Finland 9.68 compare
  3. 30 Lithuania 8.87 compare
  4. 32 Norway 8.52 compare
  5. 33 Israel 8.14 compare
  6. 34 Hungary 8.09 compare

See the full ranking of 57 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is small scale industries share in South Korea?
Small scale industries share in South Korea was 8.85 in 2023, according to Our World in Data.
What is the highest small scale industries share recorded in South Korea?
The highest recorded value was 8.91 in 2020.
What is the lowest small scale industries share recorded in South Korea?
The lowest recorded value was 5.16 in 2011.
How does South Korea rank for small scale industries share?
South Korea ranks 31st out of 57 countries with data for 2023.
Is small scale industries share rising or falling in South Korea?
Over the last ten years it is up 38.1%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from Our World in Data, published as part of Small scale industries share. Statizoid updates them automatically from the source API.

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Small scale industries share in South Korea. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/small-scale-industries-share/korea-rep/

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About this data

Indicator
Small scale industries share
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
57 places, 804 data points, 2004–2024
Last refreshed