Republic of Korea vs Singapore: Value Added Deflator (Manufacturing) — Value Standard Local Currency

Republic of Korea
105.6 SLC
in 2023
Singapore
107.31 SLC
in 2023
Republic of Korea rank
172nd
Singapore rank
170th

Value Added Deflator (Manufacturing) — Value Standard Local Currency over time

  • Republic of Korea
  • Singapore
0255075100125197019962023

How they compare

Singapore currently reports 107.31 SLC against 105.6 SLC in Republic of Korea, a difference of 1.71 SLC.

The two have swapped places 6 times across 54 shared years of data; in 1970 it was Singapore ahead.

Republic of Korea ranks 172nd and Singapore ranks 170th of 194 countries.

Across the 6 decades both report, Republic of Korea averaged higher in 1 and Singapore in 5.

Head to head by decade

Decade Republic of Korea Singapore Difference Ahead
1970s 14.4 SLC 42.84 SLC 28.44 SLC Singapore
1980s 43.56 SLC 74.54 SLC 30.98 SLC Singapore
1990s 72.47 SLC 97.54 SLC 25.07 SLC Singapore
2000s 82.33 SLC 106.39 SLC 24.05 SLC Singapore
2010s 99.46 SLC 96.79 SLC 2.67 SLC Republic of Korea
2020s 104.58 SLC 106.14 SLC 1.56 SLC Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value added deflator (manufacturing) — value standard local currency, Republic of Korea or Singapore?
Singapore, at 107.31 SLC against 105.6 SLC in Republic of Korea as of 2023.
What is the difference in value added deflator (manufacturing) — value standard local currency between Republic of Korea and Singapore?
1.71 SLC, with Singapore ahead.
How many years of comparable data are there for Republic of Korea and Singapore?
54 years are reported by both, from 1970 to 2023.
How do Republic of Korea and Singapore rank globally for value added deflator (manufacturing) — value standard local currency?
Republic of Korea ranks 172nd and Singapore ranks 170th of 194 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Singapore: Value Added Deflator (Manufacturing) — Value Standard Local Currency. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices/republic-of-korea/singapore/

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About this data

Indicator
Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
210 places, 10,611 data points, 1970–2023
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).