East Asia & Pacific (IDA & IBRD countries) vs Republic of Korea: Services, value added
Services, value added over time
- East Asia & Pacific (IDA & IBRD countries)
- Republic of Korea
How they compare
East Asia & Pacific (IDA & IBRD countries) currently reports 12.48 trillion constant 2015 US$ against 1.12 trillion constant 2015 US$ in Republic of Korea, a difference of 11.36 trillion constant 2015 US$.
That makes East Asia & Pacific (IDA & IBRD countries)'s figure about 11.2 times Republic of Korea's.
Across all 48 years both countries report, East Asia & Pacific (IDA & IBRD countries) has been ahead every year.
East Asia & Pacific (IDA & IBRD countries) ranks 11th and Republic of Korea ranks 11th of 43 groups.
East Asia & Pacific (IDA & IBRD countries) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | East Asia & Pacific (IDA & IBRD countries) | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 266.78 billion constant 2015 US$ | 78.58 billion constant 2015 US$ | 188.20 billion constant 2015 US$ | East Asia & Pacific (IDA & IBRD countries) |
| 1980s | 492.07 billion constant 2015 US$ | 133.61 billion constant 2015 US$ | 358.46 billion constant 2015 US$ | East Asia & Pacific (IDA & IBRD countries) |
| 1990s | 1.19 trillion constant 2015 US$ | 323.94 billion constant 2015 US$ | 866.08 billion constant 2015 US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2000s | 2.85 trillion constant 2015 US$ | 576.61 billion constant 2015 US$ | 2.27 trillion constant 2015 US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2010s | 6.80 trillion constant 2015 US$ | 839.93 billion constant 2015 US$ | 5.96 trillion constant 2015 US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2020s | 10.96 trillion constant 2015 US$ | 1.06 trillion constant 2015 US$ | 9.91 trillion constant 2015 US$ | East Asia & Pacific (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, East Asia & Pacific (IDA & IBRD countries) or Republic of Korea?
- East Asia & Pacific (IDA & IBRD countries), at 12.48 trillion constant 2015 US$ against 1.12 trillion constant 2015 US$ in Republic of Korea as of 2025.
- What is the difference in services, value added between East Asia & Pacific (IDA & IBRD countries) and Republic of Korea?
- 11.36 trillion constant 2015 US$, with East Asia & Pacific (IDA & IBRD countries) ahead.
- How many years of comparable data are there for East Asia & Pacific (IDA & IBRD countries) and Republic of Korea?
- 48 years are reported by both, from 1978 to 2025.
- How do East Asia & Pacific (IDA & IBRD countries) and Republic of Korea rank globally for services, value added?
- East Asia & Pacific (IDA & IBRD countries) ranks 11th and Republic of Korea ranks 11th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.