Japan vs South Korea: Manufacturing, value added
Manufacturing, value added over time
- Japan
- South Korea
How they compare
Japan currently reports 788.45 billion current US$ against 513.52 billion current US$ in South Korea, a difference of 274.93 billion current US$.
That makes Japan's figure about 1.5 times South Korea's.
Across all 31 years both countries report, Japan has been ahead every year.
Japan ranks 4th and South Korea ranks 6th of 202 countries.
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.