Japan vs South Korea: Services, value added

Japan
420.61 trillion constant LCU
in 2024
South Korea
1,347.27 trillion constant LCU
in 2025
Japan rank
6th
South Korea rank
4th

Services, value added over time

  • Japan
  • South Korea
0500.0T1,000.0T1,500.0T196019922025

How they compare

South Korea currently reports 1,347.27 trillion constant LCU against 420.61 trillion constant LCU in Japan, a difference of 926.66 trillion constant LCU.

That makes South Korea's figure about 3.2 times Japan's.

Across all 31 years both countries report, South Korea has been ahead every year.

Japan ranks 6th and South Korea ranks 4th of 198 countries.

South Korea has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Japan South Korea Difference Ahead
1990s 330.96 trillion constant LCU 447.83 trillion constant LCU 116.87 trillion constant LCU South Korea
2000s 365.35 trillion constant LCU 695.56 trillion constant LCU 330.20 trillion constant LCU South Korea
2010s 388.95 trillion constant LCU 1,013.21 trillion constant LCU 624.26 trillion constant LCU South Korea
2020s 406.92 trillion constant LCU 1,258.13 trillion constant LCU 851.21 trillion constant LCU South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added, Japan or South Korea?
South Korea, at 1,347.27 trillion constant LCU against 420.61 trillion constant LCU in Japan as of 2025.
What is the difference in services, value added between Japan and South Korea?
926.66 trillion constant LCU, with South Korea 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 services, value added?
Japan ranks 6th 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

Indicator
Services, value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 7,954 data points, 1960–2025
Last refreshed

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.