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 2,477.49 trillion current LCU against 1,672.48 trillion current LCU in Colombia, a difference of 805.01 trillion current LCU.
That makes South Korea's figure about 1.5 times Colombia's.
Across all 66 years both countries report, South Korea has been ahead every year.
Globally, Colombia ranks 6th and South Korea ranks 4th of 206 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.