GDP Constant Prices in South Korea increased to 400197.80 KRW Billion in the third quarter of 2018 from 397959.20 KRW Billion in the second quarter of 2018. GDP Constant Prices in South Korea averaged 138884.91 KRW Billion from 1960 until 2018, reaching an all time high of 400197.80 KRW Billion in the third 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 402648.00 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 411841.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 420148.00 KRW Billion in 2020, according to our econometric models.