South Korea Gross National Income - Forecast

Gross National Product in South Korea is expected to be 418317.00 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 405510.00 in 12 months time. In the long-term, the South Korea Gross National Income is projected to trend around 460760.00 KRW Billion in 2020, according to our econometric models.


Forecast Data Chart
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South Korea GDP Last Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 0.7 1 0.9 0.9 0.8 1
GDP Annual Growth Rate 2.9 2.7 2.8 2.7 2.9 3
GDP 1531 1577 1577 1622 1622 1700
GDP Constant Prices 398335 397815 402648 406623 409887 426755
Gross National Product 394082 418317 434733 404722 411725 460760
Gross Fixed Capital Formation 123627 127815 128101 131795 127212 135771
GDP per capita 26152 26500 26500 26800 26800 28780
GDP per capita PPP 35938 36653 36653 37400 37400 38201
GDP From Agriculture 7308 7157 7271 7735 7520 7706
GDP From Construction 17334 17913 17876 18442 17837 18946
GDP From Manufacturing 114465 115341 115005 117098 117785 121890
GDP From Mining 509 564 563 525 523 596
GDP From Public Administration 23996 23632 24114 24332 24692 25557
GDP From Services 210827 209498 213128 214806 216941 225887
GDP From Transport 13209 13252 13474 13377 13592 14281
GDP From Utilities 7909 7824 7966 7524 8138 8443