South Korea: Gross Domestic Product (GDP)

* indicates monthly or quarterly data series
 South Korea

GDP, billion currency units

 Latest value 606213.9
 Reference Q1 2024
 Measure billion South Korean Won
 Data availability Q1 1960 - Q1 2024
 Average 156245.65
 Min - Max 49.06 - 632769.8
 Source Korean Statistical Information Service
For that indicator, we provide data for South Korea from Q1 1960 to Q1 2024. The average value for South Korea during that period was 156245.65 billion South Korean Won with a minimum of 49.06 billion South Korean Won in Q1 1960 and a maximum of 632769.8 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 - 1960-2024
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
 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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