Europe & Central Asia vs Republic of Korea: Services, value added
Services, value added over time
- Europe & Central Asia
- Republic of Korea
How they compare
Europe & Central Asia currently reports 16.26 trillion constant 2015 US$ against 1.12 trillion constant 2015 US$ in Republic of Korea, a difference of 15.14 trillion constant 2015 US$.
That makes Europe & Central Asia's figure about 14.6 times Republic of Korea's.
Across all 35 years both countries report, Europe & Central Asia has been ahead every year.
Europe & Central Asia ranks 9th and Republic of Korea ranks 11th of 41 groups.
Europe & Central Asia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.56 trillion constant 2015 US$ | 335.46 billion constant 2015 US$ | 8.23 trillion constant 2015 US$ | Europe & Central Asia |
| 2000s | 11.09 trillion constant 2015 US$ | 576.61 billion constant 2015 US$ | 10.51 trillion constant 2015 US$ | Europe & Central Asia |
| 2010s | 13.31 trillion constant 2015 US$ | 839.93 billion constant 2015 US$ | 12.47 trillion constant 2015 US$ | Europe & Central Asia |
| 2020s | 15.31 trillion constant 2015 US$ | 1.06 trillion constant 2015 US$ | 14.26 trillion constant 2015 US$ | Europe & Central Asia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Europe & Central Asia or Republic of Korea?
- Europe & Central Asia, at 16.26 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 Europe & Central Asia and Republic of Korea?
- 15.14 trillion constant 2015 US$, with Europe & Central Asia ahead.
- How many years of comparable data are there for Europe & Central Asia and Republic of Korea?
- 35 years are reported by both, from 1991 to 2025.
- How do Europe & Central Asia and Republic of Korea rank globally for services, value added?
- Europe & Central Asia ranks 9th and Republic of Korea ranks 11th of 41 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). 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.