South Korea vs Lower middle income: Industrial Production, constant US$
South Korea
545.29 billion
in 2025
Lower middle income
1.30 trillion
in 2025
South Korea rank
7th
Lower middle income rank
4th
Industrial Production, constant US$ over time
- South Korea
- Lower middle income
How they compare
Lower middle income currently reports 1.30 trillion against 545.29 billion in South Korea, a difference of 753.21 billion.
That makes Lower middle income's figure about 2.4 times South Korea's.
Across all 35 years both countries report, Lower middle income has been ahead every year.
South Korea ranks 7th and Lower middle income ranks 4th of 89 countries.
Lower middle income has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | South Korea | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 139.70 billion | 349.69 billion | 209.99 billion | Lower middle income |
| 2000s | 289.86 billion | 592.09 billion | 302.23 billion | Lower middle income |
| 2010s | 452.87 billion | 972.10 billion | 519.23 billion | Lower middle income |
| 2020s | 517.02 billion | 1.16 trillion | 644.72 billion | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industrial production, constant us$, South Korea or Lower middle income?
- Lower middle income, at 1.30 trillion against 545.29 billion in South Korea as of 2025.
- What is the difference in industrial production, constant us$ between South Korea and Lower middle income?
- 753.21 billion, with Lower middle income ahead.
- How many years of comparable data are there for South Korea and Lower middle income?
- 35 years are reported by both, from 1991 to 2025.
- How do South Korea and Lower middle income rank globally for industrial production, constant us$?
- South Korea ranks 7th and Lower middle income ranks 4th of 89 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream data, published as Industrial Production, constant US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.