The Gross Domestic Product (GDP) in South Korea was worth 1642.38 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of South Korea represents 1.37 percent of the world economy. source: World Bank

GDP in South Korea averaged 481.08 USD Billion from 1960 until 2019, reaching an all time high of 1720.58 USD Billion in 2018 and a record low of 2.42 USD Billion in 1961. This page provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea GDP - values, historical data and charts - was last updated on December of 2020.

GDP in South Korea is expected to reach 1450.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea GDP is projected to trend around 1540.00 USD Billion in 2021 and 1650.00 USD Billion in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Korea GDP

Actual Previous Highest Lowest Dates Unit Frequency
1642.38 1720.58 1720.58 2.42 1960 - 2019 USD Billion Yearly
Current USD

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.10 -3.20 7.80 -7.00 percent [+]
GDP Annual Growth Rate -1.10 -2.70 20.80 -7.30 percent [+]
GDP 1642.38 1720.58 1720.58 2.42 USD Billion [+]
GDP Constant Prices 456863.50 448209.30 468814.30 7059.60 KRW Billion [+]
Gross National Product 456035.70 443089.50 478694.10 7478.10 KRW Billion [+]
Gross Fixed Capital Formation 134853.00 137445.70 144244.50 376.00 KRW Billion [+]
GDP per capita 28605.70 28091.40 28605.70 932.00 USD [+]
GDP per capita PPP 42661.20 41894.10 42661.20 12669.90 USD [+]
GDP From Agriculture 7760.50 7620.70 8669.90 1813.40 KRW Billion [+]
GDP From Construction 21464.20 22715.20 23779.30 342.00 KRW Billion [+]
GDP From Manufacturing 121752.60 113194.30 125466.80 319.10 KRW Billion [+]
GDP From Mining 392.40 435.80 1328.10 286.30 KRW Billion [+]
GDP From Public Administration 27855.70 27463.50 27855.70 1673.48 KRW Billion [+]
GDP From Services 256838.20 255006.00 263615.90 4287.20 KRW Billion [+]
GDP From Transport 13147.60 12726.20 15913.00 123.20 KRW Billion [+]
GDP From Utilities 11232.80 12136.70 12136.70 14.90 KRW Billion [+]


South Korea GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Compare GDP by Country