GDP Constant Prices in South Korea increased to 476244.60 KRW Billion in the second quarter of 2021 from 472602.20 KRW Billion in the first quarter of 2021. source: The Bank of Korea

GDP Constant Prices in South Korea averaged 168159.85 KRW Billion from 1960 until 2021, reaching an all time high of 476244.60 KRW Billion in the second quarter of 2021 and a record low of 7059.60 KRW Billion in the first quarter of 1960. This page provides - South Korea GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea GDP Constant Prices - values, historical data and charts - was last updated on September of 2021.

GDP Constant Prices in South Korea is expected to be 470754.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea GDP Constant Prices is projected to trend around 490415.00 KRW Billion in 2022 and 504637.00 KRW Billion in 2023, according to our econometric models.

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South Korea GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
476244.60 472602.20 476244.60 7059.60 1960 - 2021 KRW Billion Quarterly
Constant Prices 2015, SA

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 1.70 7.80 -7.00 percent [+]
GDP Annual Growth Rate 6.00 1.90 20.80 -7.30 percent [+]
GDP 1630.53 1646.74 1724.85 2.42 USD Billion [+]
GDP Constant Prices 476244.60 472602.20 476244.60 7059.60 KRW Billion [+]
Gross National Product 471381.30 454947.30 481951.90 7478.10 KRW Billion [+]
Gross Fixed Capital Formation 142524.10 143147.10 143459.20 376.00 KRW Billion [+]
GDP per capita 28361.19 28675.03 28675.03 932.04 USD [+]
GDP per capita PPP 42251.50 42719.00 42719.00 12656.40 USD [+]
GDP From Agriculture 7579.60 8680.10 8680.10 1813.40 KRW Billion [+]
GDP From Construction 21574.30 21866.60 23793.70 342.00 KRW Billion [+]
GDP From Manufacturing 128375.30 130075.50 130075.50 319.10 KRW Billion [+]
GDP From Mining 519.70 461.50 1328.10 286.30 KRW Billion [+]
GDP From Public Administration 28738.90 28510.30 28738.90 1673.48 KRW Billion [+]
GDP From Services 267864.30 262248.00 267864.30 4287.20 KRW Billion [+]
GDP From Transport 14616.90 13327.70 16034.00 123.20 KRW Billion [+]
GDP From Utilities 12028.20 12541.80 12541.80 14.90 KRW Billion [+]