Japan vs South Korea: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Japan
- South Korea
How they compare
South Korea currently reports 2,149.32 trillion constant LCU against 587.58 trillion constant LCU in Japan, a difference of 1,561.74 trillion constant LCU.
That makes South Korea's figure about 3.7 times Japan's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was Japan ahead.
Japan ranks 6th and South Korea ranks 4th of 197 countries.
Across the 6 decades both report, Japan averaged higher in 2 and South Korea in 4.
Head to head by decade
| Decade | Japan | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 238.16 trillion constant LCU | 117.20 trillion constant LCU | 120.97 trillion constant LCU | Japan |
| 1980s | 350.54 trillion constant LCU | 273.71 trillion constant LCU | 76.84 trillion constant LCU | Japan |
| 1990s | 478.53 trillion constant LCU | 644.00 trillion constant LCU | 165.47 trillion constant LCU | South Korea |
| 2000s | 524.94 trillion constant LCU | 1,141.94 trillion constant LCU | 616.99 trillion constant LCU | South Korea |
| 2010s | 555.84 trillion constant LCU | 1,671.62 trillion constant LCU | 1,115.79 trillion constant LCU | South Korea |
| 2020s | 578.66 trillion constant LCU | 2,022.83 trillion constant LCU | 1,444.16 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), Japan or South Korea?
- South Korea, at 2,149.32 trillion constant LCU against 587.58 trillion constant LCU in Japan as of 2025.
- What is the difference in gross value added at basic prices (gva) between Japan and South Korea?
- 1,561.74 trillion constant LCU, with South Korea ahead.
- How many years of comparable data are there for Japan and South Korea?
- 55 years are reported by both, from 1970 to 2024.
- How do Japan and South Korea rank globally for gross value added at basic prices (gva)?
- Japan ranks 6th 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.