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 2.30 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 2.40 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 1.00 2.00 percent Dec 2025
GDP 1917.30 1879.63 USD Billion Dec 2024
GDP Growth Rate YoY 3.60 1.60 percent Mar 2026
GDP Constant Prices 592530.60 582662.50 KRW Billion Mar 2026
GDP from Agriculture 8925.70 8574.70 KRW Billion Mar 2026
GDP from Construction 23706.70 22814.30 KRW Billion Mar 2026
GDP from Manufacturing 162109.40 156090.50 KRW Billion Mar 2026
GDP from Mining 357.50 351.70 KRW Billion Mar 2026
GDP from Public Administration 37612.90 37349.50 KRW Billion Mar 2026
GDP from Services 342738.10 341340.60 KRW Billion Mar 2026
GDP from Transport 26830.40 27175.60 KRW Billion Mar 2026
GDP from Utilities 11876.80 11364.60 KRW Billion Mar 2026
GDP Growth Rate 1.70 -0.20 percent Mar 2026
GDP per Capita 36238.60 35674.10 USD Dec 2024
GDP per Capita PPP 55071.00 54029.00 USD Dec 2024
Gross Fixed Capital Formation 157290.70 160825.20 KRW Billion Dec 2025
Gross National Product 590035.70 581942.60 KRW Billion Dec 2025


South Korea Full Year Gdp Growth
Actual Previous Highest Lowest Dates Unit Frequency
1.00 2.00 14.90 -5.13 1961 - 2025 percent Yearly
NSA