Republic of Korea vs Low & middle income: Services, value added per worker
Services, value added per worker over time
- Republic of Korea
- Low & middle income
How they compare
Republic of Korea currently reports 53,735 constant 2015 US$ against 16,775 constant 2015 US$ in Low & middle income, a difference of 36,960 constant 2015 US$.
That makes Republic of Korea's figure about 3.2 times Low & middle income's.
Across all 35 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 29th and Low & middle income ranks 25th of 176 countries.
Republic of Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Republic of Korea | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 29,963 constant 2015 US$ | 7,481 constant 2015 US$ | 22,482 constant 2015 US$ | Republic of Korea |
| 2000s | 38,699 constant 2015 US$ | 9,333 constant 2015 US$ | 29,366 constant 2015 US$ | Republic of Korea |
| 2010s | 46,329 constant 2015 US$ | 12,957 constant 2015 US$ | 33,373 constant 2015 US$ | Republic of Korea |
| 2020s | 52,733 constant 2015 US$ | 15,969 constant 2015 US$ | 36,764 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, Republic of Korea or Low & middle income?
- Republic of Korea, at 53,735 constant 2015 US$ against 16,775 constant 2015 US$ in Low & middle income as of 2025.
- What is the difference in services, value added per worker between Republic of Korea and Low & middle income?
- 36,960 constant 2015 US$, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Low & middle income?
- 35 years are reported by both, from 1991 to 2025.
- How do Republic of Korea and Low & middle income rank globally for services, value added per worker?
- Republic of Korea ranks 29th and Low & middle income ranks 25th of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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.