High income vs South Korea: Manufacturing, value added (constant 2015 US$)
Manufacturing, value added (constant 2015 US$) over time
- High income
- South Korea
How they compare
High income currently reports 8.09 trillion constant 2015 US$ against 546.69 billion constant 2015 US$ in South Korea, a difference of 7.54 trillion constant 2015 US$.
That makes High income's figure about 14.8 times South Korea's.
Across all 23 years both countries report, High income has been ahead every year.
High income ranks 1st and South Korea ranks 4th of 35 groups.
High income has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | High income | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.91 trillion constant 2015 US$ | 282.08 billion constant 2015 US$ | 5.63 trillion constant 2015 US$ | High income |
| 2010s | 6.90 trillion constant 2015 US$ | 424.14 billion constant 2015 US$ | 6.47 trillion constant 2015 US$ | High income |
| 2020s | 7.90 trillion constant 2015 US$ | 502.79 billion constant 2015 US$ | 7.40 trillion constant 2015 US$ | High income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, High income or South Korea?
- High income, at 8.09 trillion constant 2015 US$ against 546.69 billion constant 2015 US$ in South Korea as of 2024.
- What is the difference in manufacturing, value added between High income and South Korea?
- 7.54 trillion constant 2015 US$, with High income ahead.
- How many years of comparable data are there for High income and South Korea?
- 23 years are reported by both, from 2002 to 2024.
- How do High income and South Korea rank globally for manufacturing, value added?
- High income ranks 1st and South Korea ranks 4th of 35 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.