Germany vs South Korea: Industry (including construction), value added
Industry (including construction), value added over time
- Germany
- South Korea
How they compare
Germany currently reports 845.87 billion constant 2015 US$ against 660.05 billion constant 2015 US$ in South Korea, a difference of 185.82 billion constant 2015 US$.
That makes Germany's figure about 1.3 times South Korea's.
Across all 35 years both countries report, Germany has been ahead every year.
Globally, Germany ranks 4th and South Korea ranks 5th of 195 countries.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.