Brazil vs South Korea: Services, value added
Services, value added over time
- Brazil
- South Korea
How they compare
Brazil currently reports 1.31 trillion constant 2015 US$ against 1.12 trillion constant 2015 US$ in South Korea, a difference of 192.79 billion constant 2015 US$.
That makes Brazil's figure about 1.2 times South Korea's.
Across all 56 years both countries report, Brazil has been ahead every year.
Globally, Brazil ranks 8th and South Korea ranks 11th of 195 countries.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 is 2015. This indicator is expressed in United States dollars.