Indonesia vs South Korea: Gross value added at basic prices (GVA)

Indonesia
13,003.20 trillion constant LCU
in 2025
South Korea
2,149.32 trillion constant LCU
in 2025
Indonesia rank
2nd
South Korea rank
4th

Gross value added at basic prices (GVA) over time

  • Indonesia
  • South Korea
05,000.0T10,000.0T15,000.0T196019922025

How they compare

Indonesia currently reports 13,003.20 trillion constant LCU against 2,149.32 trillion constant LCU in South Korea, a difference of 10,853.88 trillion constant LCU.

That makes Indonesia's figure about 6.0 times South Korea's.

Across all 16 years both countries report, Indonesia has been ahead every year.

Indonesia ranks 2nd and South Korea ranks 4th of 197 countries.

Indonesia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Indonesia South Korea Difference Ahead
2010s 8,552.12 trillion constant LCU 1,671.62 trillion constant LCU 6,880.50 trillion constant LCU Indonesia
2020s 11,554.92 trillion constant LCU 2,043.91 trillion constant LCU 9,511.01 trillion constant LCU Indonesia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Indonesia or South Korea?
Indonesia, at 13,003.20 trillion constant LCU against 2,149.32 trillion constant LCU in South Korea as of 2025.
What is the difference in gross value added at basic prices (gva) between Indonesia and South Korea?
10,853.88 trillion constant LCU, with Indonesia ahead.
How many years of comparable data are there for Indonesia and South Korea?
16 years are reported by both, from 2010 to 2025.
How do Indonesia and South Korea rank globally for gross value added at basic prices (gva)?
Indonesia ranks 2nd 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

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 data points, 1960–2025
Last refreshed

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.