South Korea vs Vietnam: Gross value added at basic prices (GVA) (constant LCU)

South Korea
2,149.32 trillion constant LCU
in 2025
Vietnam
6,174.33 trillion constant LCU
in 2025
South Korea rank
4th
Vietnam rank
3rd

Gross value added at basic prices (GVA) (constant LCU) over time

  • South Korea
  • Vietnam
02,000.0T4,000.0T6,000.0T196019922025

How they compare

Vietnam currently reports 6,174.33 trillion constant LCU against 2,149.32 trillion constant LCU in South Korea, a difference of 4,025.01 trillion constant LCU.

That makes Vietnam's figure about 2.9 times South Korea's.

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

South Korea ranks 4th and Vietnam ranks 3rd of 198 countries.

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

Head to head by decade

Decade South Korea Vietnam Difference Ahead
2010s 1,671.62 trillion constant LCU 3,305.70 trillion constant LCU 1,634.08 trillion constant LCU Vietnam
2020s 2,043.91 trillion constant LCU 5,243.01 trillion constant LCU 3,199.10 trillion constant LCU Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), South Korea or Vietnam?
Vietnam, at 6,174.33 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 South Korea and Vietnam?
4,025.01 trillion constant LCU, with Vietnam ahead.
How many years of comparable data are there for South Korea and Vietnam?
16 years are reported by both, from 2010 to 2025.
How do South Korea and Vietnam rank globally for gross value added at basic prices (gva)?
South Korea ranks 4th and Vietnam ranks 3rd of 198 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.

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South Korea vs Vietnam: Gross value added at basic prices (GVA). Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 12 October 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-lcu/korea-rep/viet-nam/

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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
199 places, 8,364 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.