Bahamas, The vs Korea, Republic of: Services, value added per worker
Services, value added per worker over time
- Bahamas, The
- Korea, Republic of
How they compare
Bahamas, The currently reports 56,014 constant 2015 US$ against 53,735 constant 2015 US$ in Korea, Republic of, a difference of 2,279 constant 2015 US$.
The two have swapped places 2 times across 34 shared years of data; in 1991 it was Bahamas, The ahead.
Bahamas, The ranks 28th and Korea, Republic of ranks 29th of 176 countries.
Bahamas, The has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Bahamas, The | Korea, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 67,080 constant 2015 US$ | 29,963 constant 2015 US$ | 37,117 constant 2015 US$ | Bahamas, The |
| 2000s | 64,431 constant 2015 US$ | 38,699 constant 2015 US$ | 25,732 constant 2015 US$ | Bahamas, The |
| 2010s | 54,951 constant 2015 US$ | 46,329 constant 2015 US$ | 8,622 constant 2015 US$ | Bahamas, The |
| 2020s | 53,948 constant 2015 US$ | 52,532 constant 2015 US$ | 1,416 constant 2015 US$ | Bahamas, The |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, Bahamas, The or Korea, Republic of?
- Bahamas, The, at 56,014 constant 2015 US$ against 53,735 constant 2015 US$ in Korea, Republic of as of 2024.
- What is the difference in services, value added per worker between Bahamas, The and Korea, Republic of?
- 2,279 constant 2015 US$, with Bahamas, The ahead.
- How many years of comparable data are there for Bahamas, The and Korea, Republic of?
- 34 years are reported by both, from 1991 to 2024.
- How do Bahamas, The and Korea, Republic of rank globally for services, value added per worker?
- Bahamas, The ranks 28th and Korea, Republic of ranks 29th of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. 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.