South Korea vs Russia: Manufacturing, value added
Manufacturing, value added over time
- South Korea
- Russia
How they compare
South Korea currently reports 513.52 billion current US$ against 349.77 billion current US$ in Russia, a difference of 163.76 billion current US$.
That makes South Korea's figure about 1.5 times Russia's.
Across all 24 years both countries report, South Korea has been ahead every year.
Globally, South Korea ranks 6th and Russia ranks 9th 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 indicator is expressed in United States dollars.