Indonesia vs South Korea: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Indonesia
- South Korea
How they compare
Indonesia currently reports 22,808.50 trillion current LCU against 2,477.49 trillion current LCU in South Korea, a difference of 20,331.01 trillion current LCU.
That makes Indonesia's figure about 9.2 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 206 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 | 10,801.05 trillion current LCU | 1,571.76 trillion current LCU | 9,229.29 trillion current LCU | Indonesia |
| 2020s | 18,978.75 trillion current LCU | 2,192.62 trillion current LCU | 16,786.13 trillion current 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 22,808.50 trillion current LCU against 2,477.49 trillion current LCU in South Korea as of 2025.
- What is the difference in gross value added at basic prices (gva) between Indonesia and South Korea?
- 20,331.01 trillion current 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 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.