GDP Constant Prices in South Korea decreased to 402678.40 KRW Billion in the first quarter of 2019 from 404060.60 KRW Billion in the fourth quarter of 2018. GDP Constant Prices in South Korea averaged 141116.85 KRW Billion from 1960 until 2019, reaching an all time high of 404060.60 KRW Billion in the fourth quarter of 2018 and a record low of 6626.29 KRW Billion in the first quarter of 1960.

GDP Constant Prices in South Korea is expected to be 401143.00 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 412142.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 427106.00 KRW Billion in 2020, according to our econometric models.

South Korea GDP Constant Prices
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South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.30 1.00 7.80 -7.00 percent [+]
GDP Annual Growth Rate 1.80 3.10 20.80 -7.30 percent [+]
GDP 1530.75 1414.80 1530.75 2.42 USD Billion [+]
GDP Constant Prices 402678.40 404060.60 404060.60 6626.29 KRW Billion [+]
Gross National Product 426717.50 412026.50 426717.50 7259.71 KRW Billion [+]
Gross Fixed Capital Formation 116588.20 119779.00 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 7649.60 7286.60 7649.60 1627.32 KRW Billion [+]
GDP From Construction 16318.90 16403.10 17780.00 279.27 KRW Billion [+]
GDP From Manufacturing 115279.20 117990.80 117990.80 297.74 KRW Billion [+]
GDP From Mining 579.30 555.30 875.80 178.51 KRW Billion [+]
GDP From Public Administration 24576.30 24320.30 24576.30 1673.48 KRW Billion [+]
GDP From Services 215013.70 213159.30 215013.70 4114.29 KRW Billion [+]
GDP From Transport 13243.60 13458.70 13458.70 113.95 KRW Billion [+]
GDP From Utilities 7550.70 8175.50 8175.50 10.30 KRW Billion [+]


South Korea GDP Constant Prices

This page provides - South Korea GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea GDP Constant Prices - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
402678.40 404060.60 404060.60 6626.29 1960 - 2019 KRW Billion Quarterly
Constant Prices, SA




Country Last Previous
Turkey 450961520.00 Dec/18
Mexico 18614517.00 Dec/18
South Africa 3161721.00 Dec/18
Indonesia 2625042.10 Mar/19
Canada 2063439.00 Dec/18
Saudi Arabia 682514.00 Dec/18
Argentina 679263.00 Dec/18
France 575180.00 Mar/19
Japan 537613.00 Mar/19
United Kingdom 514019.00 Mar/19
Australia 461547.00 Dec/18
Italy 404077.50 Mar/19
South Korea 402678.40 Mar/19
Spain 307460.00 Mar/19
Brazil 295810.87 Dec/18
China 213433.00 Mar/19
Netherlands 188293.60 Mar/19
Switzerland 175308.33 Dec/18
Singapore 117673.00 Mar/19
India 35001.62 Dec/18
Russia 24553.50 Dec/18
United States 18912.33 Mar/19
Euro Area 2662.19 Mar/19
Germany 747.94 Mar/19


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