Korea, Rep. GDP: $2.682 Trillion

GROSS DOMESTIC PRODUCT (REAL PPP IN 2021 PRICES)

Korea GDP Forecast: $2.682 Trillion in 2024, $2.741 Trillion projected for 2025 (PPP).

GDP in Korea, Rep. is estimated to be $2.682 Trillion international dollars at the end of 2024 in GDP PPP terms.

Looking ahead to 2025, projections suggest Korea's 2025 GDP estimate could be $2.741 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 1.7% 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

Real GDP PPP (Int$): Korea


Source: World Economics
Notes: 2021 Constant Prices (Int$)
0 0 0 Korea, Rep.|#FE1800|623684646926.067, 670943786668.98, 698178155123.737, 655135277858.181, 579860324906.208, 516473377165.405, 553000974391.46, 532453280664.144, 574722849519.324, 667590124076.028, 559031934908.985, 470072060996.218, 420649516725.192, 456922156079.389, 482197020353.478, 462474377644.962, 505810792488.363, 550669134724.964, 500368959593.78, 675196668392.955, 534898670899.201, 599514701966.105, 639132225642.943, 686334718332.444, 756447294038.022, 836912824869.14, 908608419659.597, 968361685118.864, 921113638489.851, 1040417741957.76, 1144081015913.64, 1202427608012.59, 1303093435066.16, 1345438296075.68, 1419199656447.04, 1483099637836.05, 1565513374766.98, 1661895827914.27, 1713524048280.97, 1727215669439.41, 1853331642884.58, 1924253224008.36, 1971622054932.32, 2036057337330.33, 2103418337701.82, 2161778909570.13, 2227418291933.61, 2300092847602.58, 2368968321995.73, 2423347708037.58, 2406277207934.81, 2514520654062.95, 2581979309481.68, 2617016768711.34, 2682075805581.51 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
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
Current GDP (Billions, US$) 1,818 1,674 1,713 1,755
Current GDP per Capita (US$)
Real GDP (US$ Billions, 2015) 1,697 1,741 1,764 1,808
Real GDP per Capita (US$, 2015)
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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