India vs South Korea: Industry (including construction), value added
Industry (including construction), value added over time
- India
- South Korea
How they compare
India currently reports 1.02 trillion constant 2015 US$ against 660.05 billion constant 2015 US$ in South Korea, a difference of 358.60 billion constant 2015 US$.
That makes India's figure about 1.5 times South Korea's.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was India ahead.
Globally, India ranks 3rd 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.