South Korea vs Upper middle income: Services, value added
Services, value added over time
- South Korea
- Upper middle income
How they compare
Upper middle income currently reports 19.09 trillion current US$ against 1.07 trillion current US$ in South Korea, a difference of 18.02 trillion current US$.
That makes Upper middle income's figure about 17.8 times South Korea's.
Across all 61 years both countries report, Upper middle income has been ahead every year.
South Korea ranks 15th and Upper middle income ranks 12th of 203 countries.
Upper middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | South Korea | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.00 billion current US$ | 152.92 billion current US$ | 150.92 billion current US$ | Upper middle income |
| 1970s | 11.18 billion current US$ | 363.34 billion current US$ | 352.16 billion current US$ | Upper middle income |
| 1980s | 56.48 billion current US$ | 751.48 billion current US$ | 694.99 billion current US$ | Upper middle income |
| 1990s | 231.57 billion current US$ | 1.70 trillion current US$ | 1.47 trillion current US$ | Upper middle income |
| 2000s | 479.10 billion current US$ | 3.75 trillion current US$ | 3.27 trillion current US$ | Upper middle income |
| 2010s | 840.78 billion current US$ | 10.98 trillion current US$ | 10.14 trillion current US$ | Upper middle income |
| 2020s | 1.06 trillion current US$ | 16.56 trillion current US$ | 15.50 trillion current US$ | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, South Korea or Upper middle income?
- Upper middle income, at 19.09 trillion current US$ against 1.07 trillion current US$ in South Korea as of 2025.
- What is the difference in services, value added between South Korea and Upper middle income?
- 18.02 trillion current US$, with Upper middle income ahead.
- How many years of comparable data are there for South Korea and Upper middle income?
- 61 years are reported by both, from 1965 to 2025.
- How do South Korea and Upper middle income rank globally for services, value added?
- South Korea ranks 15th and Upper middle income ranks 12th of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.