Colombia vs South Korea: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Colombia
- South Korea
How they compare
South Korea currently reports 2,149.32 trillion constant LCU against 918.73 trillion constant LCU in Colombia, a difference of 1,230.59 trillion constant LCU.
That makes South Korea's figure about 2.3 times Colombia's.
The two have swapped places 1 time across 61 shared years of data; in 1965 it was Colombia ahead.
Globally, Colombia ranks 5th and South Korea ranks 4th of 197 countries.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 varies by country. This series is expressed in local currency units.