South Korea vs Spain: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- South Korea
- Spain
How they compare
South Korea currently reports 1.74 trillion current US$ against 1.73 trillion current US$ in Spain, a difference of 14.19 billion current US$.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Spain ahead.
South Korea ranks 11th and Spain ranks 12th of 207 countries.
Across the 6 decades both report, South Korea averaged higher in 2 and Spain in 4.
Head to head by decade
| Decade | South Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 24.96 billion current US$ | 100.00 billion current US$ | 75.04 billion current US$ | Spain |
| 1980s | 112.52 billion current US$ | 236.86 billion current US$ | 124.34 billion current US$ | Spain |
| 1990s | 420.07 billion current US$ | 546.13 billion current US$ | 126.06 billion current US$ | Spain |
| 2000s | 793.63 billion current US$ | 995.64 billion current US$ | 202.00 billion current US$ | Spain |
| 2010s | 1.40 trillion current US$ | 1.24 trillion current US$ | 159.70 billion current US$ | South Korea |
| 2020s | 1.71 trillion current US$ | 1.43 trillion current US$ | 272.70 billion current US$ | South Korea |
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 Spain?
- South Korea, at 1.74 trillion current US$ against 1.73 trillion current US$ in Spain as of 2025.
- What is the difference in gross value added at basic prices (gva) between South Korea and Spain?
- 14.19 billion current US$, with South Korea ahead.
- How many years of comparable data are there for South Korea and Spain?
- 56 years are reported by both, from 1970 to 2025.
- How do South Korea and Spain rank globally for gross value added at basic prices (gva)?
- South Korea ranks 11th and Spain ranks 12th of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.