Republic of Korea vs Low income: 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
- Republic of Korea
- Low income
How they compare
Republic of Korea currently reports 0.9641 constant 2015 US$ per US$ of GDP against 0.8215 constant 2015 US$ per US$ of GDP in Low income, a difference of 0.1426 constant 2015 US$ per US$ of GDP.
That makes Republic of Korea's figure about 1.2 times Low income's.
The two have swapped places 6 times across 44 shared years of data; in 1982 it was Republic of Korea ahead.
Republic of Korea ranks 20th and Low income ranks 17th of 193 countries.
Across the 5 decades both report, Republic of Korea averaged higher in 2 and Low income in 3.
Head to head by decade
| Decade | Republic of Korea | Low income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.93 constant 2015 US$ per US$ of GDP | 1.67 constant 2015 US$ per US$ of GDP | 0.2552 constant 2015 US$ per US$ of GDP | Republic of Korea |
| 1990s | 1.2 constant 2015 US$ per US$ of GDP | 1.75 constant 2015 US$ per US$ of GDP | 0.5524 constant 2015 US$ per US$ of GDP | Low income |
| 2000s | 1.14 constant 2015 US$ per US$ of GDP | 1.47 constant 2015 US$ per US$ of GDP | 0.3332 constant 2015 US$ per US$ of GDP | Low income |
| 2010s | 0.927 constant 2015 US$ per US$ of GDP | 0.9839 constant 2015 US$ per US$ of GDP | 0.0569 constant 2015 US$ per US$ of GDP | Low income |
| 2020s | 0.9301 constant 2015 US$ per US$ of GDP | 0.896 constant 2015 US$ per US$ of GDP | 0.0341 constant 2015 US$ per US$ of GDP | Republic of 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$), per unit, Republic of Korea or Low income?
- Republic of Korea, at 0.9641 constant 2015 US$ per US$ of GDP against 0.8215 constant 2015 US$ per US$ of GDP in Low income as of 2025.
- What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per unit between Republic of Korea and Low income?
- 0.1426 constant 2015 US$ per US$ of GDP, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Low income?
- 44 years are reported by both, from 1982 to 2025.
- How do Republic of Korea and Low income rank globally for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Republic of Korea ranks 20th and Low income ranks 17th of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.