Share of small-scale manufacturing in total manufacturing in South Korea

South Korea: Share of small-scale manufacturing in total manufacturing was 7.9% in 2022. ▲ Rising

Latest (2022)
7.9%
Change on year
down 5.0%
World rank
31st
of 53 countries
All-time high
8.9%
in 2020
All-time low
5.2%
in 2011
Years of data
11
2011–2022

Share of small-scale manufacturing in total manufacturing in South Korea, 2011–2022

024682011201620222011: 5.2 %2012: 7.1 %2013: 6.4 %2014: 7.8 %2015: 8.1 %2016: 8 %2017: 7.9 %2018: 7.6 %2020: 8.9 %2021: 8.4 %2022: 7.9 %

Source: United Nations Industrial Development Organization – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for share of small-scale manufacturing in total manufacturing in South Korea is 7.9%, measured in 2022.

That represents a change of down 5.0% on the previous year and up 11.4% over ten years.

Over the whole period, share of small-scale manufacturing in total manufacturing in South Korea peaked at 8.9% in 2020 and was at its lowest, 5.2%, in 2011.

That places South Korea 31st out of 53 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.3% 5.2% 8.1% 8
2020s 8.4% 7.9% 8.9% 3

Countries ranked near South Korea

  1. 28 Finland 8.7% compare
  2. 29 Israel 8.1% compare
  3. 30 Lithuania 8.0% compare
  4. 32 Japan 7.8% compare
  5. 33 Belgium 7.8% compare
  6. 34 Hungary 7.6% compare

See the full ranking of 53 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is share of small-scale manufacturing in total manufacturing in South Korea?
Share of small-scale manufacturing in total manufacturing in South Korea was 7.9% in 2022, according to United Nations Industrial Development Organization – processed by Our World in Data.
What is the highest share of small-scale manufacturing in total manufacturing recorded in South Korea?
The highest recorded value was 8.9% in 2020.
What is the lowest share of small-scale manufacturing in total manufacturing recorded in South Korea?
The lowest recorded value was 5.2% in 2011.
How does South Korea rank for share of small-scale manufacturing in total manufacturing?
South Korea ranks 31st out of 53 countries with data for 2022.
Is share of small-scale manufacturing in total manufacturing rising or falling in South Korea?
Over the last ten years it is up 11.4%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from United Nations Industrial Development Organization – processed by Our World in Data, published as part of Share of small-scale manufacturing in total manufacturing. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of small-scale manufacturing in total manufacturing
Unit
%
Source
United Nations Industrial Development Organization – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
53 places, 714 data points, 2004–2023
Last refreshed

Proportion of small-scale manufacturing industries in total manufacturing value added based on international classification (%)