South Korea vs Least developed countries: Gross value added at basic prices (GVA) (constant 2015 US$), per unit
Gross value added at basic prices (GVA) (constant 2015 US$), per unit over time
- South Korea
- Least developed countries
How they compare
South Korea currently reports 0.9641 constant 2015 US$ per US$ of GDP against 0.7802 constant 2015 US$ per US$ of GDP in Least developed countries, a difference of 0.1839 constant 2015 US$ per US$ of GDP.
That makes South Korea's figure about 1.2 times Least developed countries's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Least developed countries ahead.
South Korea ranks 20th and Least developed countries ranks 19th of 193 countries.
Across the 4 decades both report, South Korea averaged higher in 1 and Least developed countries in 3.
Head to head by decade
| Decade | South Korea | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.2 constant 2015 US$ per US$ of GDP | 1.8 constant 2015 US$ per US$ of GDP | 0.6058 constant 2015 US$ per US$ of GDP | Least developed countries |
| 2000s | 1.14 constant 2015 US$ per US$ of GDP | 1.49 constant 2015 US$ per US$ of GDP | 0.3492 constant 2015 US$ per US$ of GDP | Least developed countries |
| 2010s | 0.927 constant 2015 US$ per US$ of GDP | 0.929 constant 2015 US$ per US$ of GDP | 0.002 constant 2015 US$ per US$ of GDP | Least developed countries |
| 2020s | 0.9301 constant 2015 US$ per US$ of GDP | 0.8199 constant 2015 US$ per US$ of GDP | 0.1103 constant 2015 US$ per US$ of GDP | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva) (constant 2015 us$), per unit, South Korea or Least developed countries?
- South Korea, at 0.9641 constant 2015 US$ per US$ of GDP against 0.7802 constant 2015 US$ per US$ of GDP in Least developed countries as of 2025.
- What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per unit between South Korea and Least developed countries?
- 0.1839 constant 2015 US$ per US$ of GDP, with South Korea ahead.
- How many years of comparable data are there for South Korea and Least developed countries?
- 36 years are reported by both, from 1990 to 2025.
- How do South Korea and Least developed countries rank globally for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- South Korea ranks 20th and Least developed countries ranks 19th of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.