South Korea vs Vietnam: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- South Korea
- Vietnam
How they compare
Vietnam currently reports 6,174.33 trillion constant LCU against 2,149.32 trillion constant LCU in South Korea, a difference of 4,025.01 trillion constant LCU.
That makes Vietnam's figure about 2.9 times South Korea's.
Across all 16 years both countries report, Vietnam has been ahead every year.
Globally, South Korea ranks 4th and Vietnam ranks 3rd of 197 countries.
Individual pages
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.