South Korea GDP Constant Prices  Forecast


South Korea GDP Constant Prices
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GDP Constant Prices in South Korea is expected to be 389846.00 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 404041.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 420903.00 KRW Billion in 2020, according to our econometric models.


South Korea GDP Last Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 1.5 0.7 0.8 1.5 0.9 1
GDP Annual Growth Rate 3.8 2.9 3.1 2.7 2.8 3
GDP 1411 1503 1503 1503 1503 1600
GDP Constant Prices 392067 389846 397514 402133 404041 420903
Gross National Product 412381 412000 415000 404095 444000 475000
Gross Fixed Capital Formation 126109 119000 125000 128279 123000 134000
GDP per capita 25459 25453 25606 25759 25911 26913
GDP per capita PPP 34986 34949 35157 35365 36680 38201
GDP From Agriculture 6720 7400 6980 6854 6852 7108
GDP From Construction 17848 18880 19200 17901 19100 21000
GDP From Manufacturing 113517 111740 111540 116379 113000 116900
GDP From Mining 561 610 620 588 635 648
GDP From Public Administration 23243 22400 22500 23680 23600 24900
GDP From Services 206123 209100 209300 210441 212407 224801
GDP From Transport 13092 13120 13200 13281 13200 14000
GDP From Utilities 7834 8010 7774 7988 8693 8886