India vs South Korea: Services, value added
Services, value added over time
- India
- South Korea
How they compare
South Korea currently reports 1,347.27 trillion constant LCU against 155.00 trillion constant LCU in India, a difference of 1,192.27 trillion constant LCU.
That makes South Korea's figure about 8.7 times India's.
Across all 66 years both countries report, South Korea has been ahead every year.
India ranks 7th and South Korea ranks 4th of 198 countries.
South Korea has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | India | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.62 trillion constant LCU | 24.73 trillion constant LCU | 21.11 trillion constant LCU | South Korea |
| 1970s | 5.47 trillion constant LCU | 68.13 trillion constant LCU | 62.66 trillion constant LCU | South Korea |
| 1980s | 9.40 trillion constant LCU | 161.17 trillion constant LCU | 151.77 trillion constant LCU | South Korea |
| 1990s | 18.60 trillion constant LCU | 390.77 trillion constant LCU | 372.17 trillion constant LCU | South Korea |
| 2000s | 38.82 trillion constant LCU | 695.56 trillion constant LCU | 656.74 trillion constant LCU | South Korea |
| 2010s | 82.25 trillion constant LCU | 1,013.21 trillion constant LCU | 930.96 trillion constant LCU | South Korea |
| 2020s | 127.71 trillion constant LCU | 1,272.98 trillion constant LCU | 1,145.27 trillion constant LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, India or South Korea?
- South Korea, at 1,347.27 trillion constant LCU against 155.00 trillion constant LCU in India as of 2025.
- What is the difference in services, value added between India and South Korea?
- 1,192.27 trillion constant LCU, with South Korea ahead.
- How many years of comparable data are there for India and South Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do India and South Korea rank globally for services, value added?
- India ranks 7th and South Korea ranks 4th of 198 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant LCU). 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 defence, 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 varies by country. This series is expressed in local currency units.