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$.
That makes Japan's figure about 1.5 times South Korea's.
Across all 31 years both countries report, Japan has been ahead every year.
Japan ranks 4th and South Korea ranks 6th of 205 countries.
Japan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Japan | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.12 trillion current US$ | 136.71 billion current US$ | 986.85 billion current US$ | Japan |
| 2000s | 1.00 trillion current US$ | 225.31 billion current US$ | 779.33 billion current US$ | Japan |
| 2010s | 1.07 trillion current US$ | 426.26 billion current US$ | 646.36 billion current US$ | Japan |
| 2020s | 907.03 billion current US$ | 480.73 billion current US$ | 426.30 billion current US$ | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Japan or South Korea?
- Japan, at 788.45 billion current US$ against 513.52 billion current US$ in South Korea as of 2024.
- What is the difference in manufacturing, value added between Japan and South Korea?
- 274.93 billion current US$, with Japan ahead.
- How many years of comparable data are there for Japan and South Korea?
- 31 years are reported by both, from 1994 to 2024.
- How do Japan and South Korea rank globally for manufacturing, value added?
- Japan ranks 4th and South Korea ranks 6th of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current US$). 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.