Japan vs Korea: Manufacturing, value added
Manufacturing, value added over time
- Japan
- Korea
How they compare
Japan currently reports 935.45 billion constant 2015 US$ against 546.69 billion constant 2015 US$ in Korea, a difference of 388.76 billion constant 2015 US$.
That makes Japan's figure about 1.7 times Korea's.
Across all 31 years both countries report, Japan has been ahead every year.
Japan ranks 1st and Korea ranks 4th of 185 countries.
Japan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Japan | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 756.73 billion constant 2015 US$ | 145.80 billion constant 2015 US$ | 610.93 billion constant 2015 US$ | Japan |
| 2000s | 816.06 billion constant 2015 US$ | 266.34 billion constant 2015 US$ | 549.72 billion constant 2015 US$ | Japan |
| 2010s | 915.14 billion constant 2015 US$ | 424.14 billion constant 2015 US$ | 490.99 billion constant 2015 US$ | Japan |
| 2020s | 967.68 billion constant 2015 US$ | 502.79 billion constant 2015 US$ | 464.89 billion constant 2015 US$ | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Japan or Korea?
- Japan, at 935.45 billion constant 2015 US$ against 546.69 billion constant 2015 US$ in Korea as of 2024.
- What is the difference in manufacturing, value added between Japan and Korea?
- 388.76 billion constant 2015 US$, with Japan ahead.
- How many years of comparable data are there for Japan and Korea?
- 31 years are reported by both, from 1994 to 2024.
- How do Japan and Korea rank globally for manufacturing, value added?
- Japan ranks 1st and Korea ranks 4th of 185 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.