Indonesia vs South Korea: Manufacturing, value added
Manufacturing, value added over time
- Indonesia
- South Korea
How they compare
Indonesia currently reports 2,757.59 trillion constant LCU against 623.30 trillion constant LCU in South Korea, a difference of 2,134.29 trillion constant LCU.
That makes Indonesia's figure about 4.4 times South Korea's.
Across all 66 years both countries report, Indonesia has been ahead every year.
Globally, Indonesia ranks 2nd and South Korea ranks 4th of 191 countries.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.