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.

South Korea GDP
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Forecast Data Chart
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South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 0.90 7.80 -7.00 percent [+]
GDP Annual Growth Rate 2.10 1.70 20.80 -7.30 percent [+]
GDP 1619.42 1530.75 1619.42 2.42 USD Billion [+]
GDP Constant Prices 459958.00 455081.00 459958.00 6626.29 KRW Billion [+]
Gross National Product 435887.50 426717.50 435887.50 7259.71 KRW Billion [+]
Gross Fixed Capital Formation 133008.50 131296.60 143486.50 359.12 KRW Billion [+]
GDP per capita 26761.90 26152.00 26761.90 944.30 USD [+]
GDP per capita PPP 36776.50 35938.40 36776.50 11632.60 USD [+]
GDP From Agriculture 8168.70 8482.70 8635.10 1627.32 KRW Billion [+]
GDP From Construction 22168.50 21855.30 23837.40 279.27 KRW Billion [+]
GDP From Manufacturing 121912.80 119813.10 123853.90 297.74 KRW Billion [+]
GDP From Mining 475.70 523.30 895.20 178.51 KRW Billion [+]
GDP From Public Administration 26575.90 26296.60 26575.90 1673.48 KRW Billion [+]
GDP From Services 256431.70 215013.70 256431.70 4114.30 KRW Billion [+]
GDP From Transport 15507.40 15230.20 15770.30 113.95 KRW Billion [+]
GDP From Utilities 12565.40 11601.30 12565.40 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1619.42 1530.75 1619.42 2.42 1960 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
Italy 2073.90 Dec/18
Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
South Korea 1619.42 Dec/18
Australia 1432.20 Dec/18
Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
Indonesia 1042.17 Dec/18
Netherlands 912.87 Dec/18
Saudi Arabia 782.48 Dec/18
Turkey 766.51 Dec/18
Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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