South Korea vs Upper middle income: Industry (including construction), value added
Industry (including construction), value added over time
- South Korea
- Upper middle income
How they compare
Upper middle income currently reports 10.96 trillion current US$ against 642.79 billion current US$ in South Korea, a difference of 10.32 trillion current US$.
That makes Upper middle income's figure about 17.0 times South Korea's.
Across all 66 years both countries report, Upper middle income has been ahead every year.
South Korea ranks 8th and Upper middle income ranks 10th of 206 countries.
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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.