Cumulative gross sales in Korea’s service business rose 1.8 % year-on-year in 2024, on the rise of restore and different providers, akin to funerals and weddings, the statistics company stated Thursday.
Gross sales within the business got here to three,181 trillion gained ($2.16 trillion) final 12 months, in contrast with 3,124 trillion gained the earlier 12 months, in response to the information compiled by the Ministry of Information and Statistics.
By sector, gross sales progress was the biggest within the restore and personal providers sector, up 10 % year-on-year.
Coming subsequent had been the skilled, scientific and technological providers sector, which grew 8.7 % year-on-year, and well being care and social welfare providers, which went up 7.1 %.
The entire variety of companies within the service business rose 1.9 % year-on-year to 4.24 million.
The business added 110,000 extra jobs from a 12 months earlier, bringing the entire variety of workers to 14.4 million.
Gross sales per firm remained unchanged from a 12 months in the past at 750 million gained, whereas per-worker gross sales went up 1.1 % to 220 million gained.
In 2024, 22 % of all companies within the sector used on-line platforms, akin to cellular apps, to draw clients, up 1.1 share factors from a 12 months earlier.
Almost 44 % of the companies supplied supply providers in 2024, up 2 share factors from the earlier 12 months, in response to the information.
The proportion of companies utilizing self-service kiosks elevated by 0.7 share level to six.7 % final 12 months.
It marked the primary time the consumer fee of kiosks surpassed 10 % within the restaurant and bar sector, the company added.
