The Gross Domestic Product (GDP) in South Korea was worth 1619.42 billion US dollars in 2018. The GDP value of South Korea represents 2.61 percent of the world economy. GDP in South Korea averaged 443.27 USD Billion from 1960 until 2018, reaching an all time high of 1619.42 USD Billion in 2018 and a record low of 2.42 USD Billion in 1961.
GDP in South Korea is expected to be 1690.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea GDP is projected to trend around 1850.00 USD Billion in 2020, according to our econometric models.