Gross National Product in South Korea increased to 450227.40 KRW Billion in the second quarter of 2019 from 435887.50 KRW Billion in the first quarter of 2019. Gross National Product in South Korea averaged 159042.34 KRW Billion from 1960 until 2019, reaching an all time high of 473695.60 KRW Billion in the fourth quarter of 2018 and a record low of 7259.71 KRW Billion in the first quarter of 1960.

Gross National Product in South Korea is expected to be 421915.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in South Korea to stand at 444169.00 in 12 months time. In the long-term, the South Korea Gross National Income is projected to trend around 451055.00 KRW Billion in 2020, according to our econometric models.

South Korea Gross National Income
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South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.90 7.80 -7.00 percent [+]
GDP Annual Growth Rate 2.00 1.70 20.80 -7.30 percent [+]
GDP 1619.42 1530.75 1619.42 2.42 USD Billion [+]
GDP Constant Prices 459813.40 455081.00 459813.40 6626.29 KRW Billion [+]
Gross National Product 450227.40 435887.50 473695.60 7259.71 KRW Billion [+]
Gross Fixed Capital Formation 133364.50 131296.60 143486.50 359.12 KRW Billion [+]
GDP per capita 26761.90 26152.00 26761.90 944.30 USD [+]
GDP per capita PPP 36776.50 35938.40 36776.50 11632.60 USD [+]
GDP From Agriculture 8174.20 8482.70 8635.10 1627.32 KRW Billion [+]
GDP From Construction 22202.10 21855.30 23837.40 279.27 KRW Billion [+]
GDP From Manufacturing 121116.70 119813.10 123853.90 297.74 KRW Billion [+]
GDP From Mining 505.90 523.30 895.20 178.51 KRW Billion [+]
GDP From Public Administration 26855.50 26575.90 26855.50 1673.48 KRW Billion [+]
GDP From Services 256848.50 254896.60 256848.50 4114.30 KRW Billion [+]
GDP From Transport 15521.40 15230.20 15770.30 113.95 KRW Billion [+]
GDP From Utilities 12845.80 11601.30 12845.80 10.30 KRW Billion [+]


South Korea Gross National Income

This page provides - South Korea Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Gross National Income - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
450227.40 435887.50 473695.60 7259.71 1960 - 2019 KRW Billion Quarterly
Constant Prices 2015, NSA




Country Last Previous
Australia 464323.00 Jun/19
Brazil 1750128.10 Jun/19
Canada 2272620.00 Jun/19
China 896915.60 Dec/18
Germany 878.52 Jun/19
India 13954956.00 Dec/18
Japan 564532.30 Jun/19
Netherlands 178073.28 Mar/19
Singapore 454012.90 Dec/18
South Africa 3109703.00 Mar/19
South Korea 450227.40 Jun/19
United Kingdom 537794.00 Mar/19
United States 19324.33 Jun/19


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