India vs South Korea: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- India
- South Korea
How they compare
South Korea currently reports 2,149.32 trillion constant LCU against 294.40 trillion constant LCU in India, a difference of 1,854.92 trillion constant LCU.
That makes South Korea's figure about 7.3 times India's.
Across all 66 years both countries report, South Korea has been ahead every year.
India ranks 7th and South Korea ranks 4th of 197 countries.
South Korea has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | India | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 13.02 trillion constant LCU | 43.52 trillion constant LCU | 30.50 trillion constant LCU | South Korea |
| 1970s | 18.29 trillion constant LCU | 117.20 trillion constant LCU | 98.90 trillion constant LCU | South Korea |
| 1980s | 27.57 trillion constant LCU | 273.71 trillion constant LCU | 246.13 trillion constant LCU | South Korea |
| 1990s | 47.11 trillion constant LCU | 644.00 trillion constant LCU | 596.89 trillion constant LCU | South Korea |
| 2000s | 86.57 trillion constant LCU | 1,141.94 trillion constant LCU | 1,055.37 trillion constant LCU | South Korea |
| 2010s | 164.45 trillion constant LCU | 1,671.62 trillion constant LCU | 1,507.18 trillion constant LCU | South Korea |
| 2020s | 247.42 trillion constant LCU | 2,043.91 trillion constant LCU | 1,796.49 trillion constant LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), India or South Korea?
- South Korea, at 2,149.32 trillion constant LCU against 294.40 trillion constant LCU in India as of 2025.
- What is the difference in gross value added at basic prices (gva) between India and South Korea?
- 1,854.92 trillion constant LCU, with South Korea ahead.
- How many years of comparable data are there for India and South Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do India and South Korea rank globally for gross value added at basic prices (gva)?
- India ranks 7th and South Korea ranks 4th of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.