Iran vs South Korea: Manufacturing, value added
Manufacturing, value added over time
- Iran
- South Korea
How they compare
Iran currently reports 44,316.80 trillion current LCU against 730.46 trillion current LCU in South Korea, a difference of 43,586.34 trillion current LCU.
That makes Iran's figure about 60.7 times South Korea's.
The two have swapped places 1 time across 65 shared years of data; in 1960 it was South Korea ahead.
Iran ranks 1st and South Korea ranks 4th of 204 countries.
Across the 7 decades both report, Iran averaged higher in 3 and South Korea in 4.
Head to head by decade
| Decade | Iran | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 52.19 billion current LCU | 149.55 billion current LCU | 97.36 billion current LCU | South Korea |
| 1970s | 311.46 billion current LCU | 2.64 trillion current LCU | 2.33 trillion current LCU | South Korea |
| 1980s | 1.55 trillion current LCU | 23.82 trillion current LCU | 22.27 trillion current LCU | South Korea |
| 1990s | 33.07 trillion current LCU | 105.70 trillion current LCU | 72.63 trillion current LCU | South Korea |
| 2000s | 296.99 trillion current LCU | 249.32 trillion current LCU | 47.67 trillion current LCU | Iran |
| 2010s | 2,151.88 trillion current LCU | 478.32 trillion current LCU | 1,673.56 trillion current LCU | Iran |
| 2020s | 26,152.94 trillion current LCU | 604.34 trillion current LCU | 25,548.60 trillion current 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 44,316.80 trillion current LCU against 730.46 trillion current LCU in South Korea as of 2024.
- What is the difference in manufacturing, value added between Iran and South Korea?
- 43,586.34 trillion current 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 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.