South Korea: Economic growth Q-on-Q

* indicates monthly or quarterly data series
 South Korea

Economic growth, quarterly

 Latest value 1.3
 Reference Q1 2024
 Measure percent
 Data availability Q2 1960 - Q1 2024
 Average 1.68
 Min - Max -7 - 7.8
 Source Bank of Korea
For that indicator, we provide data for South Korea from Q2 1960 to Q1 2024. The average value for South Korea during that period was 1.68 percent with a minimum of -7 percent in Q1 1998 and a maximum of 7.8 percent in Q4 1970. Click on the following link to see the values of Economic growth, quarterly around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Economic growth Q-on-Q - recent values

Historical chart
South Korea - Economic growth Q-on-Q - historical chart - 1960-2024
Measure: percent
Source: Bank of Korea


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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.

 Related indicators Latest value Reference Measure
 Economic growth 2.61 2022 percent
 GDP, constant dollars 1,740.9 2022 billion U.S. dollars
 GDP, current U.S. dollars 1,673.92 2022 billion U.S. dollars
 GDP per capita, current dollars 32,422.57 2022 U.S. dollars
 GDP per capita, PPP 45,560 2022 U.S. dollars
 GDP per capita, constant dollars 33,719.39 2022 U.S. dollars
 Productivity, relative to the U.S. 54.75 2022 index points
 Productivity, current USD 50.1 2022 USD per hour worked
 Economic growth, quarterly 1.40 Q3/2023 percent
 Economic growth Q-on-Q 0.60 Q3/2023 percent
 Gross Domestic Product (GDP) 611,097.60 Q3/2023 billion
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