Korea vs Middle income: Industry (including construction), value added
Industry (including construction), value added over time
- Korea
- Middle income
How they compare
Middle income currently reports 12.84 trillion constant 2015 US$ against 660.05 billion constant 2015 US$ in Korea, a difference of 12.18 trillion constant 2015 US$.
That makes Middle income's figure about 19.4 times Korea's.
Across all 66 years both countries report, Middle income has been ahead every year.
Korea ranks 5th and Middle income ranks 5th of 195 countries.
Middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Korea | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.91 billion constant 2015 US$ | 590.52 billion constant 2015 US$ | 585.60 billion constant 2015 US$ | Middle income |
| 1970s | 23.99 billion constant 2015 US$ | 1.18 trillion constant 2015 US$ | 1.16 trillion constant 2015 US$ | Middle income |
| 1980s | 73.93 billion constant 2015 US$ | 1.68 trillion constant 2015 US$ | 1.61 trillion constant 2015 US$ | Middle income |
| 1990s | 192.13 billion constant 2015 US$ | 2.59 trillion constant 2015 US$ | 2.40 trillion constant 2015 US$ | Middle income |
| 2000s | 357.84 billion constant 2015 US$ | 4.60 trillion constant 2015 US$ | 4.24 trillion constant 2015 US$ | Middle income |
| 2010s | 536.22 billion constant 2015 US$ | 8.52 trillion constant 2015 US$ | 7.99 trillion constant 2015 US$ | Middle income |
| 2020s | 633.69 billion constant 2015 US$ | 11.59 trillion constant 2015 US$ | 10.96 trillion constant 2015 US$ | Middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Korea or Middle income?
- Middle income, at 12.84 trillion constant 2015 US$ against 660.05 billion constant 2015 US$ in Korea as of 2025.
- What is the difference in industry (including construction), value added between Korea and Middle income?
- 12.18 trillion constant 2015 US$, with Middle income ahead.
- How many years of comparable data are there for Korea and Middle income?
- 66 years are reported by both, from 1960 to 2025.
- How do Korea and Middle income rank globally for industry (including construction), value added?
- Korea ranks 5th and Middle income ranks 5th of 195 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.