The computer hardware productivity growth rate in South Korea exhibited a marked decline from 2013 (10.06%) to 2018 (2.35%), followed by a modest recovery peaking at 7.06% in 2022. From 2024 onward, forecasted values show a consistent downward trend, expecting a drop to 3.72% by 2028. The last two years showed a decline from 6.48% in 2023 to 5.91% in 2024. The 5-year CAGR indicates an average annual decrease of -8.84%, with an overall 5-year growth rate decline of -37.03% by 2028.
Future trends to watch for include advancements in automation and AI technologies potentially reversing the decline, and the impact of global supply chain dynamics on productivity. Observing innovation investments and policy changes could also provide insights into future growth potentials.
