Least Developed Countries (LDCs) vs Republic of Korea: Value Added (Total Manufacturing) — Ratio of Value Added
Value Added (Total Manufacturing) — Ratio of Value Added over time
- Least Developed Countries (LDCs)
- Republic of Korea
How they compare
Republic of Korea currently reports 17.91 against 0.7287 in Least Developed Countries (LDCs), a difference of 17.18.
That makes Republic of Korea's figure about 24.6 times Least Developed Countries (LDCs)'s.
Across all 54 years both countries report, Republic of Korea has been ahead every year.
Least Developed Countries (LDCs) ranks 26th and Republic of Korea ranks 15th of 30 groups.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Least Developed Countries (LDCs) | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.3531 | 0.8729 | 0.5198 | Republic of Korea |
| 1980s | 0.3522 | 2.25 | 1.9 | Republic of Korea |
| 1990s | 0.3199 | 4.91 | 4.59 | Republic of Korea |
| 2000s | 0.4397 | 9.86 | 9.42 | Republic of Korea |
| 2010s | 0.5964 | 15.19 | 14.6 | Republic of Korea |
| 2020s | 0.7393 | 17.06 | 16.33 | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (total manufacturing) — ratio of value added, Least Developed Countries (LDCs) or Republic of Korea?
- Republic of Korea, at 17.91 against 0.7287 in Least Developed Countries (LDCs) as of 2023.
- What is the difference in value added (total manufacturing) — ratio of value added between Least Developed Countries (LDCs) and Republic of Korea?
- 17.18, with Republic of Korea ahead.
- How many years of comparable data are there for Least Developed Countries (LDCs) and Republic of Korea?
- 54 years are reported by both, from 1970 to 2023.
- How do Least Developed Countries (LDCs) and Republic of Korea rank globally for value added (total manufacturing) — ratio of value added?
- Least Developed Countries (LDCs) ranks 26th and Republic of Korea ranks 15th of 30 groups.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Value Added (Total Manufacturing) — Ratio of Value Added (Agriculture, Forestry and Fishing) US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).