Gross National Product in South Korea increased to 471381.30 KRW Billion in the second quarter of 2021 from 454947.30 KRW Billion in the first quarter of 2021. source: The Bank of Korea

Gross National Product in South Korea averaged 171328.18 KRW Billion from 1960 until 2021, reaching an all time high of 481951.90 KRW Billion in the fourth quarter of 2020 and a record low of 7478.10 KRW Billion in the first quarter of 1960. This page provides - South Korea Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Gross National Income - values, historical data and charts - was last updated on September of 2021.

Gross National Product in South Korea is expected to be 467437.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Gross National Income is projected to trend around 508821.00 KRW Billion in 2022 and 523577.00 KRW Billion in 2023, according to our econometric models.

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South Korea Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
471381.30 454947.30 481951.90 7478.10 1960 - 2021 KRW Billion Quarterly
Constant Prices 2015, NSA

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 1.70 7.80 -7.00 percent [+]
GDP Annual Growth Rate 6.00 1.90 20.80 -7.30 percent [+]
GDP 1630.53 1646.74 1724.85 2.42 USD Billion [+]
GDP Constant Prices 476244.60 472602.20 476244.60 7059.60 KRW Billion [+]
Gross National Product 471381.30 454947.30 481951.90 7478.10 KRW Billion [+]
Gross Fixed Capital Formation 142524.10 143147.10 143459.20 376.00 KRW Billion [+]
GDP per capita 28361.19 28675.03 28675.03 932.04 USD [+]
GDP per capita PPP 42251.50 42719.00 42719.00 12656.40 USD [+]
GDP From Agriculture 7579.60 8680.10 8680.10 1813.40 KRW Billion [+]
GDP From Construction 21574.30 21866.60 23793.70 342.00 KRW Billion [+]
GDP From Manufacturing 128375.30 130075.50 130075.50 319.10 KRW Billion [+]
GDP From Mining 519.70 461.50 1328.10 286.30 KRW Billion [+]
GDP From Public Administration 28738.90 28510.30 28738.90 1673.48 KRW Billion [+]
GDP From Services 267864.30 262248.00 267864.30 4287.20 KRW Billion [+]
GDP From Transport 14616.90 13327.70 16034.00 123.20 KRW Billion [+]
GDP From Utilities 12028.20 12541.80 12541.80 14.90 KRW Billion [+]