Iceland vs South Korea: Industry (including construction), value added per worker
Industry (including construction), value added per worker over time
- Iceland
- South Korea
How they compare
Iceland currently reports 102,710 constant 2015 US$ against 97,124 constant 2015 US$ in South Korea, a difference of 5,586 constant 2015 US$.
That makes Iceland's figure about 1.1 times South Korea's.
Across all 31 years both countries report, Iceland has been ahead every year.
Globally, Iceland ranks 15th and South Korea ranks 18th of 176 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. The core indicator has been divided by the number of workers in this sector to derive a measure of labor productivity. 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.