South Korea Gross National Income  Forecast


Gross National Product in South Korea is expected to be 404000.00 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 415000.00 in 12 months time. In the long-term, the South Korea Gross National Income is projected to trend around 475000.00 KRW Billion in 2020, according to our econometric models.


South Korea Gross National Income
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South Korea GDP Last Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 0.6 0.5 0.6 0.7 0.8 1
GDP Annual Growth Rate 2.7 2.5 2.6 2.9 3.1 3
GDP 1411 1460 1460 1503 1503 1600
GDP Constant Prices 386582 384875 387136 389846 397514 420903
Gross National Product 399159 404000 426000 412000 415000 475000
Gross Fixed Capital Formation 124688 119000 120000 119000 125000 134000
GDP per capita 25459 25937 26085 26237 26388 27885
GDP per capita PPP 34986 35870 35870 36209 36440 38201
GDP From Agriculture 7082 6800 6710 7400 6980 7108
GDP From Construction 17799 18200 18400 18880 19200 21000
GDP From Manufacturing 110490 109500 110000 111740 111540 116900
GDP From Mining 599 650 600 610 620 648
GDP From Public Administration 23152 22800 23100 22400 22500 24900
GDP From Services 204205 207100 206702 209100 209300 224801
GDP From Transport 12774 13010 12960 13120 13200 14000
GDP From Utilities 7482 7800 7609 8010 7774 8886