Korea, Rep. GDP: $1.755 Trillion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Korea GDP Forecast: $1.755 Trillion in 2024, $1.794 Trillion projected for 2025 (Current Market Prices).

GDP in Korea is estimated to be $1.755 Trillion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Korea's 2025 GDP estimate could be $1.794 Trillion. This Korea GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 2.2%.

The economy of Korea, Rep. has grown at an average annual growth rate of -0.9% in the last four years and is ranked the 7th largest economy in Asia-Pacific, ahead of Saudi Arabia.

See the full Korea data sheet covering Economics, Demographics and ESG

Current GDP (US$): Korea


Source: World Bank, World Economics
Notes: Current Market Prices
0 0 0 Korea, Rep.|#FE1800|3988461538.46154, 3459019942.79079, 3120861498.91442, 3929055143.5021, 4855892445.82682, 6119394892.37109, 7678698837.59346, 9005144969.11666, 9903571248.53268, 10862211760.8252, 13876472208.2678, 19543973941.3681, 21784297520.6612, 29902479338.843, 38446487603.3058, 51972107438.0165, 66946900826.4463, 65398377597.5108, 72933533011.7706, 78358416171.4889, 87760553261.9279, 97510744119.1162, 101296177099.377, 116836246284.832, 147948709376.434, 199591287824.777, 246928837311.406, 283365844161.092, 330647042837.334, 355524903068.056, 392665710525.411, 463619823515.164, 566581003128.204, 610167053824.007, 569755022973.035, 383331833681.821, 497514040642.262, 576179387819.613, 547656279894.587, 627246933729.618, 702714855193.904, 793175561887.027, 934901071332.984, 1053216909887.56, 1172614086539.86, 1047339010225.25, 943941876218.743, 1143672241149.72, 1253289537500.81, 1278046536287.01, 1370632955321.2, 1484488526271.8, 1466038936206.43, 1499679823909.61, 1623074183501.9, 1725373496825.43, 1651422932447.77, 1644312831906.17, 1818432106880.04, 1673916511799.71, 1712792854202.37, 1755372884557.84 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Korea, Rep. 2021 2022 2023 2024
Current GDP (Billions, US$) 1,818 1,674 1,713 1,755
Current GDP per Capita (US$)
Real GDP (US$ Billions, 2010) 1,697 1,741 1,764 1,808
Real GDP per Capita (US$, 2010)
Real GDP PPP (Billions, 2017) 2,515 2,582 2,617 2,682
Real GDP per Capita PPP (int$ 2017) 44,611 45,743 46,666 47,509
GDP Annual Growth Rate (%)
GDP per Capita Annual Growth Rate (%)
Data Quality Rating for Korea See how much you can trust Korea's GDP Data




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KOREA'S ECONOMICS
KOREA'S DEMOGRAPHY
KOREA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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