The Gross Domestic Product (GDP) in South Korea was worth 1530.75 billion US dollars in 2017. The GDP value of South Korea represents 2.47 percent of the world economy. GDP in South Korea averaged 423 USD Billion from 1960 until 2017, reaching an all time high of 1530.75 USD Billion in 2017 and a record low of 2.42 USD Billion in 1961.

GDP in South Korea is expected to be 1576.70 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 1700.00 USD Billion in 2020, according to our econometric models.

South Korea GDP
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South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.60 7.80 -7.00 percent [+]
GDP Annual Growth Rate 2.00 2.80 20.80 -7.30 percent [+]
GDP 1530.75 1414.80 1530.75 2.42 USD Billion [+]
GDP Constant Prices 400197.80 397959.20 400197.80 6626.29 KRW Billion [+]
Gross National Product 412026.50 406053.70 422891.90 7259.71 KRW Billion [+]
Gross Fixed Capital Formation 117718.70 123422.80 127086.00 359.12 KRW Billion [+]
GDP per capita 26152.03 25484.00 26152.03 944.30 USD [+]
GDP per capita PPP 35938.37 35020.40 35938.37 11632.60 USD [+]
GDP From Agriculture 6889.20 7286.80 7619.80 1627.32 KRW Billion [+]
GDP From Construction 16224.60 17199.30 17780.00 279.27 KRW Billion [+]
GDP From Manufacturing 117011.40 114354.10 117011.40 297.74 KRW Billion [+]
GDP From Mining 502.10 526.50 875.80 178.51 KRW Billion [+]
GDP From Public Administration 24188.70 23995.10 24188.70 1673.48 KRW Billion [+]
GDP From Services 211734.70 210746.10 211734.70 4114.29 KRW Billion [+]
GDP From Transport 13194.20 13204.60 13204.60 113.95 KRW Billion [+]
GDP From Utilities 7859.00 7890.00 7890.00 10.30 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. This page provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1530.75 1414.80 1530.75 2.42 1960 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 19390.60 Dec/17
Euro Area 12589.50 Dec/17
China 12237.70 Dec/17
Japan 4872.14 Dec/17
Germany 3677.44 Dec/17
United Kingdom 2622.43 Dec/17
India 2597.49 Dec/17
France 2582.50 Dec/17
Brazil 2055.51 Dec/17
Italy 1934.80 Dec/17
Canada 1653.04 Dec/17
Russia 1577.52 Dec/17
South Korea 1530.75 Dec/17
Australia 1323.42 Dec/17
Spain 1311.32 Dec/17
Mexico 1149.92 Dec/17
Indonesia 1015.54 Dec/17
Turkey 851.10 Dec/17
Netherlands 826.20 Dec/17
Saudi Arabia 683.83 Dec/17
Switzerland 678.89 Dec/17
Argentina 637.59 Dec/17
South Africa 349.42 Dec/17
Singapore 323.91 Dec/17


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