South Korea vs Spain: Gross value added at basic prices (GVA)

South Korea

1.74 trillion current US$

in 2025

Spain

1.73 trillion current US$

in 2025

South Korea rank

11th

Spain rank

12th

Gross value added at basic prices (GVA) over time

South Korea
Spain

How they compare

South Korea currently reports 1.74 trillion current US$ against 1.73 trillion current US$ in Spain, a difference of 14.19 billion current US$.

The two have swapped places 1 time across 56 shared years of data; in 1970 it was Spain ahead.

Globally, South Korea ranks 11th and Spain ranks 12th of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current US$)
Unit: current US$
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 244 places, 10,967 data points, 1960–2025
Last refreshed: 06 August 2026

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 indicator is expressed in United States dollars.