Japan vs South Korea: Industry (including construction), value added
Industry (including construction), value added over time
- Japan
- South Korea
How they compare
South Korea currently reports 768.07 trillion constant LCU against 161.07 trillion constant LCU in Japan, a difference of 607.00 trillion constant LCU.
That makes South Korea's figure about 4.8 times Japan's.
Across all 31 years both countries report, South Korea has been ahead every year.
Globally, Japan ranks 6th and South Korea ranks 4th of 199 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 varies by country. This series is expressed in local currency units.