South Korea: Gross Domestic Product (GDP)

* indicates monthly or quarterly data series
 South Korea

GDP, billion currency units

 Latest value 588660.7
 Reference Q4 2023
 Measure billion South Korean Won
 Data availability Q1 1960 - Q4 2023
 Average 152197.64
 Min - Max 49.06 - 588660.7
 Source Korean Statistical Information Service
For that indicator, we provide data for South Korea from Q1 1960 to Q4 2023. The average value for South Korea during that period was 152197.64 billion South Korean Won with a minimum of 49.06 billion South Korean Won in Q1 1960 and a maximum of 588660.7 billion South Korean Won in Q4 2023. Click on the following link to see the values of GDP, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Gross Domestic Product (GDP) - recent values

Historical chart
South Korea - Gross Domestic Product (GDP) - historical chart - 1960-2023
Measure: billion South Korean Won
Source: Korean Statistical Information Service


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Definition: The Gross Domestic Product (GDP) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The data are in billion local currency units using current prices.

 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
 Economic growth, quarterly 1.40 Q3/2023 percent
 Economic growth Q-on-Q 0.60 Q3/2023 percent
 Gross Domestic Product (GDP) 572,283.50 Q3/2023 billion
 Productivity, relative to the U.S. 54.75 2022 index points
 Productivity, current USD 50.1 2022 USD per hour worked
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