GDP Constant Prices in South Korea decreased to 448209.30 KRW Billion in the second quarter of 2020 from 462805.50 KRW Billion in the first quarter of 2020. source: The Bank of Korea
GDP Constant Prices in South Korea averaged 163177.28 KRW Billion from 1960 until 2020, reaching an all time high of 468814.30 KRW Billion in the fourth quarter of 2019 and a record low of 7059.60 KRW Billion in the first quarter of 1960. This page provides - South Korea GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea GDP Constant Prices - values, historical data and charts - was last updated on October of 2020.
GDP Constant Prices in South Korea is expected to be 471627.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in South Korea to stand at 463897.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 485776.00 KRW Billion in 2021 and 497920.00 KRW Billion in 2022, according to our econometric models.