Korea, Republic of vs Middle income: Industry (including construction), value added
Industry (including construction), value added over time
- Korea, Republic of
- Middle income
How they compare
Middle income currently reports 13.23 trillion current US$ against 642.79 billion current US$ in Korea, Republic of, a difference of 12.59 trillion current US$.
That makes Middle income's figure about 20.6 times Korea, Republic of's.
Across all 66 years both countries report, Middle income has been ahead every year.
Korea, Republic of ranks 8th and Middle income ranks 6th of 208 countries.
Middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Korea, Republic of | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 915.02 million current US$ | 130.86 billion current US$ | 129.95 billion current US$ | Middle income |
| 1970s | 7.84 billion current US$ | 419.94 billion current US$ | 412.10 billion current US$ | Middle income |
| 1980s | 42.92 billion current US$ | 827.74 billion current US$ | 784.82 billion current US$ | Middle income |
| 1990s | 164.49 billion current US$ | 1.46 trillion current US$ | 1.30 trillion current US$ | Middle income |
| 2000s | 291.92 billion current US$ | 3.41 trillion current US$ | 3.12 trillion current US$ | Middle income |
| 2010s | 531.30 billion current US$ | 8.97 trillion current US$ | 8.44 trillion current US$ | Middle income |
| 2020s | 614.88 billion current US$ | 12.30 trillion current US$ | 11.68 trillion current US$ | Middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Korea, Republic of or Middle income?
- Middle income, at 13.23 trillion current US$ against 642.79 billion current US$ in Korea, Republic of as of 2025.
- What is the difference in industry (including construction), value added between Korea, Republic of and Middle income?
- 12.59 trillion current US$, with Middle income ahead.
- How many years of comparable data are there for Korea, Republic of and Middle income?
- 66 years are reported by both, from 1960 to 2025.
- How do Korea, Republic of and Middle income rank globally for industry (including construction), value added?
- Korea, Republic of ranks 8th and Middle income ranks 6th of 208 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.