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South Korea: Industry value added, billion USD: For that indicator, The World Bank provides data for South Korea from 1965 to 2015. The average value for South Korea during that period was 144.05 billion U.S. dollars with a minumum of 0.61 billion U.S. dollars in 1965 and a maximum of 476.02 billion U.S. dollars in 2015.
Industry value added rankings around the world. Create and download charts for South Korea Industry value added and other indicators with the country comparator.
World Bank definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.