Gross National Product in South Korea increased to 412026.50 KRW Billion in the third quarter of 2018 from 406053.70 KRW Billion in the second quarter of 2018. Gross National Product in South Korea averaged 145983.26 KRW Billion from 1960 until 2018, reaching an all time high of 422891.90 KRW Billion in the fourth quarter of 2017 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 434733.00 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 417829.00 in 12 months time. In the long-term, the South Korea Gross National Income is projected to trend around 453626.00 KRW Billion in 2020, according to our econometric models.