Republic of Korea vs South Asia (IDA & IBRD): Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Republic of Korea
- South Asia (IDA & IBRD)
How they compare
South Asia (IDA & IBRD) currently reports 3.84 trillion constant 2015 US$ against 1.81 trillion constant 2015 US$ in Republic of Korea, a difference of 2.04 trillion constant 2015 US$.
That makes South Asia (IDA & IBRD)'s figure about 2.1 times Republic of Korea's.
Across all 66 years both countries report, South Asia (IDA & IBRD) has been ahead every year.
Republic of Korea ranks 7th and South Asia (IDA & IBRD) ranks 10th of 193 countries.
South Asia (IDA & IBRD) has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Republic of Korea | South Asia (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 36.55 billion constant 2015 US$ | 186.61 billion constant 2015 US$ | 150.06 billion constant 2015 US$ | South Asia (IDA & IBRD) |
| 1970s | 98.43 billion constant 2015 US$ | 254.33 billion constant 2015 US$ | 155.90 billion constant 2015 US$ | South Asia (IDA & IBRD) |
| 1980s | 229.87 billion constant 2015 US$ | 377.34 billion constant 2015 US$ | 147.47 billion constant 2015 US$ | South Asia (IDA & IBRD) |
| 1990s | 540.86 billion constant 2015 US$ | 634.02 billion constant 2015 US$ | 93.16 billion constant 2015 US$ | South Asia (IDA & IBRD) |
| 2000s | 959.04 billion constant 2015 US$ | 1.15 trillion constant 2015 US$ | 191.01 billion constant 2015 US$ | South Asia (IDA & IBRD) |
| 2010s | 1.40 trillion constant 2015 US$ | 2.17 trillion constant 2015 US$ | 769.08 billion constant 2015 US$ | South Asia (IDA & IBRD) |
| 2020s | 1.72 trillion constant 2015 US$ | 3.26 trillion constant 2015 US$ | 1.54 trillion constant 2015 US$ | South Asia (IDA & IBRD) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Republic of Korea or South Asia (IDA & IBRD)?
- South Asia (IDA & IBRD), at 3.84 trillion constant 2015 US$ against 1.81 trillion constant 2015 US$ in Republic of Korea as of 2025.
- What is the difference in gross value added at basic prices (gva) between Republic of Korea and South Asia (IDA & IBRD)?
- 2.04 trillion constant 2015 US$, with South Asia (IDA & IBRD) ahead.
- How many years of comparable data are there for Republic of Korea and South Asia (IDA & IBRD)?
- 66 years are reported by both, from 1960 to 2025.
- How do Republic of Korea and South Asia (IDA & IBRD) rank globally for gross value added at basic prices (gva)?
- Republic of Korea ranks 7th and South Asia (IDA & IBRD) ranks 10th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). 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 reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.