High income vs South Korea: Manufacturing, value added
Manufacturing, value added over time
- High income
- South Korea
How they compare
High income currently reports 8.66 trillion current US$ against 513.52 billion current US$ in South Korea, a difference of 8.15 trillion current US$.
That makes High income's figure about 16.9 times South Korea's.
Across all 28 years both countries report, High income has been ahead every year.
High income ranks 3rd and South Korea ranks 6th of 49 groups.
High income has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | High income | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.69 trillion current US$ | 127.83 billion current US$ | 4.56 trillion current US$ | High income |
| 2000s | 5.67 trillion current US$ | 225.31 billion current US$ | 5.44 trillion current US$ | High income |
| 2010s | 7.25 trillion current US$ | 426.26 billion current US$ | 6.82 trillion current US$ | High income |
| 2020s | 8.25 trillion current US$ | 480.73 billion current US$ | 7.77 trillion current 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 8.66 trillion current US$ against 513.52 billion current US$ in South Korea as of 2024.
- What is the difference in manufacturing, value added between High income and South Korea?
- 8.15 trillion current US$, with High income ahead.
- How many years of comparable data are there for High income and South Korea?
- 28 years are reported by both, from 1997 to 2024.
- How do High income and South Korea rank globally for manufacturing, value added?
- High income ranks 3rd and South Korea ranks 6th of 49 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.