IBRD only vs Republic of Korea: Manufacturing, value added
Manufacturing, value added over time
- IBRD only
- Republic of Korea
How they compare
Republic of Korea currently reports 27.4% against 19.8% in IBRD only, a difference of 7.6%.
That makes Republic of Korea's figure about 1.4 times IBRD only's.
Across all 22 years both countries report, Republic of Korea has been ahead every year.
IBRD only ranks 8th and Republic of Korea ranks 7th of 47 groups.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | IBRD only | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.9% | 26.1% | 5.2% | Republic of Korea |
| 2010s | 20.9% | 28.0% | 7.1% | Republic of Korea |
| 2020s | 20.7% | 26.3% | 5.6% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, IBRD only or Republic of Korea?
- Republic of Korea, at 27.4% against 19.8% in IBRD only as of 2025.
- What is the difference in manufacturing, value added between IBRD only and Republic of Korea?
- 7.6%, with Republic of Korea ahead.
- How many years of comparable data are there for IBRD only and Republic of Korea?
- 22 years are reported by both, from 2004 to 2025.
- How do IBRD only and Republic of Korea rank globally for manufacturing, value added?
- IBRD only ranks 8th and Republic of Korea ranks 7th of 47 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.