The Gross Domestic Product (GDP) in South Korea was worth 1917.30 billion US dollars in 2024, according to official data from the World Bank. The GDP value of South Korea represents 1.72 percent of the world economy. source: World Bank

GDP in South Korea averaged 584.42 USD Billion from 1960 until 2024, reaching an all time high of 1917.30 USD Billion in 2024 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 February of 2026.

GDP in South Korea is expected to reach 1961.00 USD Billion by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea GDP is projected to trend around 2008.00 USD Billion in 2027 and 2057.00 USD Billion in 2028, according to our econometric models.


Components Last Previous Unit Reference
GDP from Agriculture 8167.00 8579.40 KRW Billion Sep 2025
GDP from Construction 23738.00 23731.60 KRW Billion Sep 2025
GDP from Manufacturing 157982.50 156182.50 KRW Billion Sep 2025
GDP from Mining 385.40 356.50 KRW Billion Sep 2025
GDP from Public Administration 36963.00 37047.60 KRW Billion Sep 2025
GDP from Services 338883.80 334600.10 KRW Billion Sep 2025
GDP from Transport 27467.50 26764.50 KRW Billion Sep 2025
GDP from Utilities 12438.70 11784.20 KRW Billion Sep 2025

Related Last Previous Unit Reference
GDP 1917.30 1879.63 USD Billion Dec 2024
GDP per Capita 36238.60 35674.10 USD Dec 2024
GDP per Capita PPP 55071.00 54029.00 USD Dec 2024


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.
Actual Previous Highest Lowest Dates Unit Frequency
1917.30 1879.63 1917.30 2.42 1960 - 2024 USD Billion Yearly
Current USD

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