Republic of Korea vs World: 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
- World
How they compare
Republic of Korea currently reports 0.9641 constant 2015 US$ per US$ of GDP against 0.7598 constant 2015 US$ per US$ of GDP in World, a difference of 0.2043 constant 2015 US$ per US$ of GDP.
That makes Republic of Korea's figure about 1.3 times World's.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was World ahead.
Republic of Korea ranks 20th and World ranks 23rd of 193 countries.
Across the 3 decades both report, Republic of Korea averaged higher in 2 and World in 1.
Head to head by decade
| Decade | Republic of Korea | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.14 constant 2015 US$ per US$ of GDP | 1.21 constant 2015 US$ per US$ of GDP | 0.0779 constant 2015 US$ per US$ of GDP | World |
| 2010s | 0.927 constant 2015 US$ per US$ of GDP | 0.8861 constant 2015 US$ per US$ of GDP | 0.0409 constant 2015 US$ per US$ of GDP | Republic of Korea |
| 2020s | 0.9233 constant 2015 US$ per US$ of GDP | 0.7931 constant 2015 US$ per US$ of GDP | 0.1302 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$), per unit, Republic of Korea or World?
- Republic of Korea, at 0.9641 constant 2015 US$ per US$ of GDP against 0.7598 constant 2015 US$ per US$ of GDP in World as of 2025.
- What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per unit between Republic of Korea and World?
- 0.2043 constant 2015 US$ per US$ of GDP, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and World?
- 25 years are reported by both, from 2000 to 2024.
- How do Republic of Korea and World rank globally for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Republic of Korea ranks 20th and World ranks 23rd of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), 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.