GDP From Services in South Korea decreased to 254452.80 KRW Billion in the second quarter of 2020 from 255204.60 KRW Billion in the first quarter of 2020.

GDP From Services in South Korea averaged 88083.69 KRW Billion from 1960 until 2020, reaching an all time high of 260084.80 KRW Billion in the fourth quarter of 2019 and a record low of 4114.30 KRW Billion in the third quarter of 1960. This page provides the latest reported value for - South Korea Gdp From Services - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea GDP From Services - values, historical data and charts - was last updated on August of 2020. source: Bank of Korea

GDP From Services in South Korea is expected to be 257259.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in South Korea to stand at 264137.00 in 12 months time. In the long-term, the South Korea GDP From Services is projected to trend around 269495.00 KRW Billion in 2021 and 276232.00 KRW Billion in 2022, according to our econometric models.

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South Korea GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
254452.80 255204.60 260084.80 4114.30 1960 - 2020 KRW Billion Quarterly
Chained 2010 Prices, SA

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate -3.30 -1.30 7.80 -7.00 percent [+]
GDP Annual Growth Rate -2.90 1.40 20.80 -7.30 percent [+]
GDP 1642.38 1720.58 1720.58 2.42 USD Billion [+]
GDP Constant Prices 447377.90 462805.50 468814.30 6626.29 KRW Billion [+]
Gross National Product 437974.60 477883.70 477883.70 7259.71 KRW Billion [+]
Gross Fixed Capital Formation 136374.60 136891.30 143486.50 359.12 KRW Billion [+]
GDP per capita 28605.70 28091.40 28605.70 932.00 USD [+]
GDP per capita PPP 42661.20 41894.10 42661.20 12669.90 USD [+]
GDP From Agriculture 7608.90 8423.20 8635.10 1627.32 KRW Billion [+]
GDP From Construction 22725.90 22365.00 23837.40 279.27 KRW Billion [+]
GDP From Manufacturing 113041.10 123745.40 125987.10 297.74 KRW Billion [+]
GDP From Mining 429.90 559.30 895.20 178.51 KRW Billion [+]
GDP From Public Administration 27855.70 27463.50 27855.70 1673.48 KRW Billion [+]
GDP From Services 254452.80 255204.60 260084.80 4114.30 KRW Billion [+]
GDP From Transport 12756.00 13684.00 15770.30 113.95 KRW Billion [+]
GDP From Utilities 12463.70 12227.90 12845.80 10.30 KRW Billion [+]