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.