Iran vs South Korea: Manufacturing, value added (constant LCU)
Manufacturing, value added (constant LCU) over time
- Iran
- South Korea
How they compare
Iran currently reports 19,707.30 trillion constant LCU against 623.30 trillion constant LCU in South Korea, a difference of 19,084.00 trillion constant LCU.
That makes Iran's figure about 31.6 times South Korea's.
Across all 65 years both countries report, Iran has been ahead every year.
Iran ranks 1st and South Korea ranks 4th of 192 countries.
Iran has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iran | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 436.58 trillion constant LCU | 2.86 trillion constant LCU | 433.72 trillion constant LCU | Iran |
| 1970s | 1,449.48 trillion constant LCU | 15.66 trillion constant LCU | 1,433.81 trillion constant LCU | Iran |
| 1980s | 2,227.60 trillion constant LCU | 52.14 trillion constant LCU | 2,175.47 trillion constant LCU | Iran |
| 1990s | 4,290.92 trillion constant LCU | 143.13 trillion constant LCU | 4,147.79 trillion constant LCU | Iran |
| 2000s | 9,386.11 trillion constant LCU | 303.66 trillion constant LCU | 9,082.45 trillion constant LCU | Iran |
| 2010s | 13,711.63 trillion constant LCU | 483.58 trillion constant LCU | 13,228.05 trillion constant LCU | Iran |
| 2020s | 17,996.46 trillion constant LCU | 573.25 trillion constant LCU | 17,423.21 trillion constant LCU | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Iran or South Korea?
- Iran, at 19,707.30 trillion constant LCU against 623.30 trillion constant LCU in South Korea as of 2024.
- What is the difference in manufacturing, value added between Iran and South Korea?
- 19,084.00 trillion constant LCU, with Iran ahead.
- How many years of comparable data are there for Iran and South Korea?
- 65 years are reported by both, from 1960 to 2024.
- How do Iran and South Korea rank globally for manufacturing, value added?
- Iran ranks 1st and South Korea ranks 4th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant LCU). 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 varies by country. This series is expressed in local currency units.