South Korea vs Vietnam: Manufacturing, value added
Manufacturing, value added over time
- South Korea
- Vietnam
How they compare
Vietnam currently reports 1,624.66 trillion constant LCU against 623.30 trillion constant LCU in South Korea, a difference of 1,001.36 trillion constant LCU.
That makes Vietnam's figure about 2.6 times South Korea's.
The two have swapped places 2 times across 41 shared years of data; in 1985 it was Vietnam ahead.
Globally, South Korea ranks 4th and Vietnam ranks 3rd 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.