Japan vs South Korea: Manufacturing, value added
Manufacturing, value added over time
- Japan
- South Korea
How they compare
South Korea currently reports 730.46 trillion current LCU against 119.34 trillion current LCU in Japan, a difference of 611.11 trillion current LCU.
That makes South Korea's figure about 6.1 times Japan's.
The two have swapped places 1 time across 31 shared years of data; in 1994 it was Japan ahead.
Globally, Japan ranks 7th and South Korea ranks 4th of 204 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.