Iraq vs Republic of Korea: Gross value added at basic prices (GVA) (current LCU), per unit of GDP

Iraq
1,300 current LCU per US$ of GDP
in 2025
Republic of Korea
1,323 current LCU per US$ of GDP
in 2025
Iraq rank
25th
Republic of Korea rank
24th

Gross value added at basic prices (GVA) (current LCU), per unit of GDP over time

  • Iraq
  • Republic of Korea
05001.0k1.5k196019922025

How they compare

Republic of Korea currently reports 1,323 current LCU per US$ of GDP against 1,300 current LCU per US$ of GDP in Iraq, a difference of 23 current LCU per US$ of GDP.

The two have swapped places 4 times across 58 shared years of data; in 1968 it was Republic of Korea ahead.

Iraq ranks 25th and Republic of Korea ranks 24th of 205 countries.

Across the 7 decades both report, Iraq averaged higher in 3 and Republic of Korea in 4.

Head to head by decade

Decade Iraq Republic of Korea Difference Ahead
1960s 0.3571 current LCU per US$ of GDP 258.28 current LCU per US$ of GDP 257.92 current LCU per US$ of GDP Republic of Korea
1970s 0.3118 current LCU per US$ of GDP 388.25 current LCU per US$ of GDP 387.94 current LCU per US$ of GDP Republic of Korea
1980s 0.307 current LCU per US$ of GDP 682.26 current LCU per US$ of GDP 681.95 current LCU per US$ of GDP Republic of Korea
1990s 467.38 current LCU per US$ of GDP 816.55 current LCU per US$ of GDP 349.17 current LCU per US$ of GDP Republic of Korea
2000s 1,278 current LCU per US$ of GDP 1,026 current LCU per US$ of GDP 252.54 current LCU per US$ of GDP Iraq
2010s 1,174 current LCU per US$ of GDP 1,032 current LCU per US$ of GDP 141.64 current LCU per US$ of GDP Iraq
2020s 1,335 current LCU per US$ of GDP 1,187 current LCU per US$ of GDP 147.41 current LCU per US$ of GDP Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current lcu), per unit of gdp, Iraq or Republic of Korea?
Republic of Korea, at 1,323 current LCU per US$ of GDP against 1,300 current LCU per US$ of GDP in Iraq as of 2025.
What is the difference in gross value added at basic prices (gva) (current lcu), per unit of gdp between Iraq and Republic of Korea?
23 current LCU per US$ of GDP, with Republic of Korea ahead.
How many years of comparable data are there for Iraq and Republic of Korea?
58 years are reported by both, from 1968 to 2025.
How do Iraq and Republic of Korea rank globally for gross value added at basic prices (gva) (current lcu), per unit of gdp?
Iraq ranks 25th and Republic of Korea ranks 24th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Republic of Korea: Gross value added at basic prices (GVA) (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-per-unit-of-gdp/iraq/korea-rep/

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 9,105 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.