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.
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 October of 2020. source: World Bank
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.