South Korea Gross National Income - Forecast

Gross National Product in South Korea is expected to be 406324.00 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 434310.00 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.


South Korea Gross National Income
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South Korea GDP Last Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 1 0.8 1 0.9 0.9 1
GDP Annual Growth Rate 2.8 3.1 2.7 2.8 2.7 3
GDP 1411 1503 1503 1503 1542 1600
GDP Constant Prices 395933 393116 397815 402648 406623 426755
Gross National Product 394082 406324 418317 434733 404722 460760
Gross Fixed Capital Formation 128330 126911 127815 128101 131795 135771
GDP per capita 25459 25882 27491 26180 28138 28802
GDP per capita PPP 34986 35567 35772 36680 37400 38201
GDP From Agriculture 7532 7300 7157 7271 7735 7706
GDP From Construction 17957 17767 17913 17876 18442 18946
GDP From Manufacturing 114020 112585 115341 115005 117098 121890
GDP From Mining 512 582 564 563 525 596
GDP From Public Administration 23693 23554 23632 24114 24332 25557
GDP From Services 209158 207785 209498 213128 214806 225887
GDP From Transport 13025 13011 13252 13474 13377 14281
GDP From Utilities 7327 7708 7824 7966 7524 8443