The South Korean economy expanded by 1.0% in 2025, slowing from 2.0% growth in the previous year and marking the weakest expansion since the 2020 contraction. Full Year GDP Growth in South Korea averaged 6.86 percent from 1961 until 2025, reaching an all time high of 14.90 percent in 1973 and a record low of -5.13 percent in 1998. source: The Bank of Korea
Full Year GDP Growth in South Korea is expected to reach 2.80 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Full Year Gdp Growth is projected to trend around 2.30 percent in 2027 and 2.40 percent in 2028, according to our econometric models.