IDA & IBRD total vs Republic of Korea: Services, value added per worker
Services, value added per worker over time
- IDA & IBRD total
- Republic of Korea
How they compare
Republic of Korea currently reports 53,735 constant 2015 US$ against 17,234 constant 2015 US$ in IDA & IBRD total, a difference of 36,501 constant 2015 US$.
That makes Republic of Korea's figure about 3.1 times IDA & IBRD total's.
Across all 35 years both countries report, Republic of Korea has been ahead every year.
IDA & IBRD total ranks 24th and Republic of Korea ranks 29th of 44 groups.
Republic of Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | IDA & IBRD total | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8,005 constant 2015 US$ | 29,963 constant 2015 US$ | 21,958 constant 2015 US$ | Republic of Korea |
| 2000s | 9,823 constant 2015 US$ | 38,699 constant 2015 US$ | 28,876 constant 2015 US$ | Republic of Korea |
| 2010s | 13,395 constant 2015 US$ | 46,329 constant 2015 US$ | 32,934 constant 2015 US$ | Republic of Korea |
| 2020s | 16,397 constant 2015 US$ | 52,733 constant 2015 US$ | 36,336 constant 2015 US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, IDA & IBRD total or Republic of Korea?
- Republic of Korea, at 53,735 constant 2015 US$ against 17,234 constant 2015 US$ in IDA & IBRD total as of 2025.
- What is the difference in services, value added per worker between IDA & IBRD total and Republic of Korea?
- 36,501 constant 2015 US$, with Republic of Korea ahead.
- How many years of comparable data are there for IDA & IBRD total and Republic of Korea?
- 35 years are reported by both, from 1991 to 2025.
- How do IDA & IBRD total and Republic of Korea rank globally for services, value added per worker?
- IDA & IBRD total ranks 24th and Republic of Korea ranks 29th of 44 groups.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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.