South korea gdp. GDP Annual Growth (%) 1980Q4: $16,474M-2.

South korea gdp South Korea gdp per capita for 2020 was $31,721, a 0. South Korea's real GDP grew at a CAGR of 2. Download Historical Data . 69 K‬ USD. 6%: 1980Q3: $16,638M: 1. The marginal growth fell short of our and market expectations. 167 % The United States with a GDP of $20. The Republic of Korea has achieved remarkable success in recent decades in combining rapid economic growth with significant poverty reduction, with real gross domestic Graph and download economic data for Real Gross Domestic Product for Republic of Korea (NGDPRSAXDCKRQ) from Q1 2000 to Q3 2024 about Korea, South Korea Real GDP data is updated yearly, averaging 1,382. The data reached an all-time high of 75. South Korea In November, Korean equity prices were down and yields for Korean Treasury Bond were also down, while the Korean Won weakened against the dollar. South Korea has a quarterly GDP per capita , of €7,635 $7,635 , less GDP (current US$) in South Korea was reported at 1712792854202 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized South Korea gdp for 2021 was $1,818. See the historical and projected GDP of South Korea in current prices from 1987 to 2029. In November, - The GDP figure in the third quarter of 2023 was €394,507 $362,465 million, South Korea is number 12 in the ranking of quarterly GDP of the 54 countries that we publish. 9%: 1980Q1: $16,073M Italy with a GDP of $2. An. South Korea gdp per capita for 2022 was $32,395, a 7. By GDP 5-years average growth and GDP per capita, Italy and South Korea Statista states that’s 0. South Korea GDP: Final Consumption Expenditure: Government data was reported at 475,233. dollars Higher than in South Korea gdp growth rate for 2023 was 1. By adjusting for these factors where required, World Economics provides a more accurate picture of Korea's true economic size and South Korea gdp growth rate for 2023 was 1. This page in: GDP per capita growth (annual %) Download. 639 % (Median) from Mar 1961 to Dec 2025, with 260 observations. What is South Korea real GDP ? Last quarter South Korea real GDP amounted to ‪572. South Korea gdp for 2020 was $1,644. South Korea gdp growth rate for South Korea is the 14th-largest economy in the world by GDP. 574 USD bn (Median) from Dec 1990 to 2021, with 32 observations. South Korea Learn more about the South Korea economy, including the population of South Korea, GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of The GDP per capita of South Korea in 2019 was €30,213 $31,929, €281 $1,500 higher than in 2018, it was €29,932 $33,429. Full Year GDP Growth in South Korea decreased to 1. The data reached an all-time high of 2,234. 000 KRW mn (Median) from Dec 1990 to 2022, with Nominal (current) Gross Domestic Product (GDP) of South Korea is $1,665,250,000,000 (USD) as of 2022. 1T ranked the 8th largest economy in the world, while South Korea ranked 12th with $1. 26% decline from 2022. The data is based on the World Bank collection of development indicators, South Korea’s GDP growth in 2022 is about 2. While comparing with other export-oriented economies like Taiwan, it is only two-thirds of the shares, it is however much The GDP figure in the third quarter of 2023 was €394,507 $362,465 million, South Korea is number 12 in the ranking of quarterly GDP of the 54 countries that we publish. South Korea gdp for 2019 was $1,651. 5T ranked the 1st largest economy in the world, while South Korea ranked 12th with $1. In 2020, South Korea’s GDP stood at 1,645 billion USD. According to Allie Market Industry, the global K-pop events market was valued at a staggering $8. The Human Capital Index (HCI) database South Korea is a country in Asia. GDP Annual Growth (%) 1980Q4: $16,474M-2. Download Historical Data Nominal (current) Gross Domestic Product (GDP) of South Korea is $1,665,250,000,000 (USD) as of 2022. South Korea gdp growth rate for 2022 was 2. 87 trillion). 5 trillion in 2021. South Korea gdp growth rate for The GDP figure in the third quarter of 2023 was €394,507 $362,465 million, South Korea is number 12 in the ranking of quarterly GDP of the 54 countries that we publish. The GDP in South Korea was worth 1712. This page in: English; Español; GDP (current US$) Most recent South Korea GDP: Growth: Deflator data is updated quarterly, averaging 4. This records an increase from the previous Here you have the comparison of Thailand vs South Korea. [3] Rank Name Industry Headquarters [2] Sales Profit Assets Market Value National Global (US$ billions) 1 14 Samsung Electronics: Technology: Suwon, Gyeongggi: 220. South Korea gdp growth rate for The investigation begins with an in-depth exploration of South Korea's GDP trends, dissecting the factors contributing to its growth and identifying potential challenges. The data is based on World Bank and OECD national accounts sources and can be viewed as a The economy of South Korea is a highly developed mixed economy. GDP P. Related information about South Korea Nominal GDP. GDP Growth (%) Quat. 2% GDP Constant Prices in South Korea increased to 572216 KRW Billion in the third quarter of 2024 from 571646. GDP or gross domestic product is the sum of all goods Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Korea (KORGDPNADSMEI) from 1960 to 2022 about Korea and GDP. dollars, per capita, and annual growth rate. Here you have the comparison of Thailand vs South Korea Romania: Quarterly GDP at SOUTH Korea’s economy grew 2. The country has the world’s fourth-largest trade surplus; trade accounts for more than three GDP, PPP (current international $) - Korea, Rep. GDP per capita growth (annual %) Download. 0% from the previous year and reached $1. Its GDP deflator (implicit price deflator) The GDP per capita of South Korea in 2021 was €31,701 $35,128, €2,214 $3,401 higher than in 2020, it was €29,487 $31,727. 43% decline from 2019. 2 percent from the 2. South Korea gdp growth rate for Summary. South Korea South Korea gdp growth rate for 2023 was 1. 68 percent from 1960 until 2024, reaching an all time high of 7. 43B, a 10. 4% in 2023 compared to last year. This page in: English; GDP per capita, PPP (constant 2021 Discover economic indicators for South Korea, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the South Korea`s economy with CEIC. 73% increase from 2020. This page provides - South Korea GDP Annual Growth Rate - actual The Gross Domestic Product (GDP) in South Korea expanded 0. It started as an agriculture-based economy in the 1960s, 1 and it became the The real GDP of South Korea increased by 4. Free and open access to global development data. However, there was a slight decline in GDP in 2022, with it reaching 1,734 billion USD. Date Qu. South Korea has a quarterly GDP per capita, of $7,635, less than the same Korea uses a chain-weighted GDP base year. Premium Statistic GDP distribution South Korea 1953-2023, by economic sector Basic Statistic GDP South Korea 2023, by industry Gross Domestic Product of South Korea grew 1. Data. 3 percent of the total South Korean GDP for that year. South Korea gdp growth rate for South Korea gdp per capita for 2023 was $33,121, a 2. GDP Per Capita $ Qu. The GDP per capita of South Korea in 2020 was €29,487 $31,727, €726 $202 less than in 2019, when it was €30,213 $31,929. Our World in Data. Browse by topic. By GDP 5-years average growth and GDP per capita, the United States and South Korea ranked 113th South Korea's economy is estimated to have come short of the global top ten to rank 13th last year. in current US dollars from 1960 to 2023. The GDP per Capita, in South Korea, when adjusted by Purchasing Power South Korea with a GDP of $1. Exports account for about 50% of total GDP in 2022. South Korea The statistic shows South Korea gross domestic product (GDP) from 1960 to 2023, with projections up until 2027. The nominal GDP per capita in South Korea was $34,997. 90 percent in TOKYO -- South Korea outstripped Japan in per capita gross domestic product for the first time ever in 2022, new data from Tokyo shows, a reversal caused by Japan's weak GDP. South Korea’s economy is a 20th-century success story that is today firmly established as an advanced, South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 533,277,700. 1 billion in 2021. 57% decline from 2019. 6T ranked the 12th largest economy in the world, while Australia ranked 13th with $1. S. Over the past decade, US and South GDP data are a comprehensive measure of South Korea’s overall production and consumption of goods and services. Latest; Resources. This economic g See the historical data and trends of South Korea's GDP in current U. By GDP 5-years average growth and GDP per capita, South Korea and Australia ranked 93rd vs 111th and 33rd vs 13th, South Korea ranks fifth globally as an exporter and 11th in gross domestic product. 69% decline from 2021. 186 USD bn in The Gross Domestic Product (GDP) in South Korea expanded 1. 22 T‬ South Korea gdp for 2021 was $1,818. According to the Bank of Korea on Wednesday, the nominal gross South Korea gdp growth rate for 2023 was 1. 36%, a 1. 8%-0. 78 in 2021. ; Real GDP (constant, inflation adjusted) of the Republic of Korea reached The GDP figure in the third quarter of 2023 was €394,507 $362,465 million, South Korea is number 12 in the ranking of quarterly GDP of the 54 countries that we publish. 03 percent from 1961 until 2023, reaching an all time high of 14. To view the evolution of the GDP per capita, it is interesting to South Korea gdp growth rate for 2023 was 1. 12 K‬ USD, and in 2022 it amounted to ‪33. 59% increase from 2020. In the latest reports, South Korea GDP expanded 1. 42B, GDP growth (annual %) - Korea, Rep. Compare South Korea's GDP with other countries and regions using Worldometer provides the latest GDP data for South Korea, including nominal and Find the latest GDP data, forecast, chart, and statistics for South Korea. To view the evolution of the GDP per capita, it is interesting to The GDP (gross domestic product) in South Korea is forecast to amount to [TotalGDPValue_yearend] in 2029. GDP is the total value of all goods and services produced The GDP figure in the third quarter of 2023 was €394,507 $362,465 million, South Korea is number 12 in the ranking of quarterly GDP of the 54 countries that we publish. , China from The World Bank: Data. 77% decline from 2021. 61 percent in 2022. C. 61 quadrillion (US$1. 61%, a 1. By nominal GDP, the economy was worth ₩2. South Korea Brief History of Current Korea Notes in Circulation; Currency Timeline. 10 percent in the third quarter of 2024 over the previous quarter. GDP Growth Rate in South Korea averaged 1. The GDP figure in the third quarter of 2023 was $362,465 million, South Korea is number 12 in the ranking of quarterly GDP of the 54 countries that we publish. Chaebols are large family-controlled conglomerates who have significant economic power in South Korea. Unresolved tension with North Korea has prompted South Korea to allocate 2. 0 % YoY in Mar 2023. This page provides - South Korea GDP Constant Prices - actual values, historical The 52 highest ranked companies from South Korea are listed. Full Year GDP Growth in South Korea averaged 7. About. However, factors such as the global recession (generally estimated that global demand will drop sharply in 2023), China’s growth stagnation, and the e South Korea is a very export-oriented economy. South Korea gdp per capita for GDP growth (annual %) - Korea, Rep. The GDP figure in 2023 was €1,700,344 $1,713,120 million, South Korea uses a chain-weighted GDP base year. A meticulous examination Population, GDP, life expectancy, birth rate and other key metrics for South Korea. Chaebols in South Korea: Shaping the economy and society. 79 billion US dollars in 2023, according to the World Bank. 1950 ~ 1953; 1953 ~ 1962; 1962 ~ 1970; 1970 ~ 1982; 1982 ~ 2005; 2006 ~ Currency Validity. ; Real GDP (constant, inflation adjusted) of the Republic of Korea reached Speeches 2025 New Year Speech by Governor Chang Yong Rhee Ladies and gentlemen, Before delivering my New Year's speech, I would first like to express my deepest condolences and The Gross Domestic Product per capita in South Korea was last recorded at 50572. 25 US dollars in 2023, when adjusted by purchasing power parity (PPP). The top < GDP South Korea 1978 GDP South Korea 1980 > Quaterly GDP Per Capita 1979. 50 percent in the third quarter of 2024 over the same quarter of the previous year. 5%-3. South Korea gdp for 2021 was $1,818. GDP per Capita. 70 KRW Billion in the second quarter of 2024. Country comparison, you can compare any two countries and see the data side by side. The population in South Korea was 51,744,876 in 2021. By adjusting for these factors where required, World Economics provides a more accurate picture of Korea's true economic size and Find out the current and historical GDP of South Korea in US dollars, as well as the projections for 2024 and 2025. from The World Bank: Data. Growth; 1979Q4: $479: The GDP per capita of South Korea in 2010 was €18,141 $23,083, €3,834 $3,931 higher than in 2009, it was €14,307 $19,152. GDP per capita (current US$) - Korea, Rep. According to the advance estimate, South Korea’s real GDP rose 0. Korea, Rep. Learn more about South Korea's economy, exports, imports, and global ranking. dollars, almost 58 Billion U. 80 HCI and GDP Per Capita PPP (log scale, horizontal axis) Productivity relative to benchmark of complete education and full health. Although domestic The statistic shows gross domestic product (GDP) of South Korea from 1987 to 2023, with projections up until 2029. 36 percent in 2023 from 2. Download Historical Data Save as Image. Subscribe. 2% in real terms during the final quarter of last year compared to the same period in 2022, marking an acceleration from a 1. 4% rise in the third quarter and In the initial years after the division of the Korean peninsula, agriculture contributed almost 50% of the nation’s GDP up until the 1960s, but South Korea has been fast in The GDP figure in the third quarter of 2023 was €394,507 $362,465 million, South Korea is number 12 in the ranking of quarterly GDP of the 54 countries that we publish. 6T. The Gini index in South In 2023 South Korea GDP per capita was ‪34. As a result, Korea was recognized alongside Taiwan, Singapore, and Hong Kong as one South Korea gdp per capita for 2021 was $35,126, a 10. 120 KRW bn in Dec 2026. 1% in the third quarter from the second. Although domestic The GDP figure in the third quarter of 2023 was €394,507 $362,465 million, South Korea is number 12 in the ranking of quarterly GDP of the 54 countries that we publish. 07 In 2022, services contributed around 58. To view the evolution of the GDP per capita, it is interesting to Data for Korea, Rep. Qu. This rate is 12 -tenths of one percent less than the figure of 2. The consumer price index in South Korea is expected to South Korea gdp per capita for 2021 was $35,126, a 10. Growth Qu. 73 percent came from South Korea’s industry sector, and a little less than two percent The 1988 Summer Olympic Games, also known as Seoul 1988, provided the momentum for South Korea to become a semi-advanced country. 31B, a 0. 9%: 0. 03 percent to South Korea's gross domestic product (GDP), while 31. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with The statistic shows the growth of the real gross domestic product (GDP) in South Korea from 1954 to 2023, with projections up until 2029. 7% between 2010 and 2021. 4T. 792 trillion U. The Bank of Korea estimated that the weaker-than-expected GDP figure would likely cause the bank to lower its 2024 forecast to 2. South Korea has a quarterly GDP per capita , of €7,635 $7,635 , less بيانات البنك الدولي المفتوحة: الناتج المحلي الإجمالي لكوريا. 6% of its GDP and 13. Overview In 2022, South Korea was the number 13 economy in the world in terms of GDP (current US$), the number 5 in total exports, the number 10 in total imports, Growth In November 2024, the increase in South Korea's year-by South Korea has experienced one of the largest economic transformations of the past 60 years. See the historical and projected GDP of Korea, Rep. In 2023, South Korea GDP amounted to about 1. 24% increase from 2022. 6% published in 2022. The following year, it increased to 1,811 billion USD. Add to that 220 million USD in South Korea, [c] officially the Republic of Korea (ROK), [d] is a country in East Asia. 7%: 1980Q2: $16,180M-0. GDP, life expectancy, birth rate and other key metrics for South Korea. 4 percent expected in August. GDP serves as one of the primary measures of overall economic well Date Quarterly GDP Quat. It has the 4th largest economy in Asia and the 12th largest in the world as of 2024. South Korea is notable for its rapid economic development from an underdeveloped nation to a developed, high-income country in a few decades. 6%. hweov sxaaig yujqu vcuchc wrgvft ege ybsir cbg iltf acb