Indonesia vs Republic of Korea: Gross National Income — Value Standard Local Currency

Indonesia
20.35 billion million SLC
in 2023
Republic of Korea
2.44 billion million SLC
in 2023
Indonesia rank
1st
Republic of Korea rank
2nd

Gross National Income — Value Standard Local Currency over time

  • Indonesia
  • Republic of Korea
05.0B10.0B15.0B20.0B197019962023

How they compare

Indonesia currently reports 20.35 billion million SLC against 2.44 billion million SLC in Republic of Korea, a difference of 17.91 billion million SLC.

That makes Indonesia's figure about 8.3 times Republic of Korea's.

The two have swapped places 2 times across 54 shared years of data; in 1970 it was Indonesia ahead.

Indonesia ranks 1st and Republic of Korea ranks 2nd of 202 countries.

Indonesia has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Indonesia Republic of Korea Difference Ahead
1970s 14.57 million million SLC 12.70 million million SLC 1.87 million million SLC Indonesia
1980s 109.50 million million SLC 93.10 million million SLC 16.40 million million SLC Indonesia
1990s 566.28 million million SLC 412.22 million million SLC 154.06 million million SLC Indonesia
2000s 2.99 billion million SLC 963.58 million million SLC 2.03 billion million SLC Indonesia
2010s 10.73 billion million SLC 1.72 billion million SLC 9.01 billion million SLC Indonesia
2020s 17.73 billion million SLC 2.28 billion million SLC 15.46 billion million SLC Indonesia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national income — value standard local currency, Indonesia or Republic of Korea?
Indonesia, at 20.35 billion million SLC against 2.44 billion million SLC in Republic of Korea as of 2023.
What is the difference in gross national income — value standard local currency between Indonesia and Republic of Korea?
17.91 billion million SLC, with Indonesia ahead.
How many years of comparable data are there for Indonesia and Republic of Korea?
54 years are reported by both, from 1970 to 2023.
How do Indonesia and Republic of Korea rank globally for gross national income — value standard local currency?
Indonesia ranks 1st and Republic of Korea ranks 2nd of 202 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross National Income — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Indonesia vs Republic of Korea: Gross National Income — Value Standard Local Currency. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/gross-national-income-value-standard-local-currency/indonesia/republic-of-korea/

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About this data

Indicator
Gross National Income — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
218 places, 10,840 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).