South Korea: Economic growth forecast
(measure: percent; Source: International Monetary Fund)
* indicates monthly or quarterly data series
South Korea: Economic growth forecast: For that indicator, International Monetary Fund provides data for South Korea from 1980 to 2023. The average value for South Korea during that period was 5.67 percent with a minumum of -5.47 percent in 1998 and a maximum of 13.24 percent in 1983. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: Year-on-year percent changes in constant price GDP. The base year is country-specific. Expenditure-based GDP is the total final expenditure at purchasers prices including the f.o.b. value of exports of goods and services, less the f.o.b. value of imports of goods and services.