Industry; value added (% of GDP) in South Korea
The Industry; value added (% of GDP) in South Korea was last reported at 39.27 in 2010, according to a World Bank report published in 2012. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.This page includes a historical data chart, news and forecasts for Industry; value added (% of GDP) in South Korea.
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World Bank Indicators - south korea - National accounts
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