South Korea vs Spain: Services, value added per worker
Services, value added per worker over time
- South Korea
- Spain
How they compare
Spain currently reports 61,418 constant 2015 US$ against 53,735 constant 2015 US$ in South Korea, a difference of 7,684 constant 2015 US$.
That makes Spain's figure about 1.1 times South Korea's.
Across all 31 years both countries report, Spain has been ahead every year.
Globally, South Korea ranks 29th and Spain ranks 26th of 176 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 defence, 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. 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.