Korea, Rep. GDP: $1.808 Trillion

GROSS DOMESTIC PRODUCT (CONSTANT PRICES: 2015)

Korea GDP Forecast: $1.808 Trillion in 2024, $1.848 Trillion projected for 2025 (Constant 2015 Prices).

GDP in Korea is estimated to be $1.808 Trillion US dollars at the end of 2024 in Real GDP terms.

Looking ahead to 2025, projections suggest Korea's 2025 GDP estimate could be $1.848 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 1.6% 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 (US$): Korea


Source: World Bank, World Economics
Notes: 2015 Constant Prices
0 0 0 Korea, Rep.|#FE1800|28557609625.5148, 31133668301.7191, 34083217464.9245, 36577575097.0974, 40964673582.6659, 44684104770.0942, 50567110466.6199, 57930372849.4344, 63753959604.8464, 70477142055.0377, 75561617309.3034, 86819030861.1546, 95077114202.409, 102531096575.674, 116087191990.822, 130407687325.507, 144691222664.082, 157237726606.555, 154650084773.675, 165856302541.442, 179685530559.418, 203720580660.992, 225216443661.427, 242870854434.647, 270381470486.161, 304783976338.529, 341320612492.567, 365461856267.173, 401560542993.627, 444840963700.951, 472415066061.572, 504905290009.969, 551703276662.813, 604747148973.984, 652465952372.005, 692726706028.768, 657193648716.458, 732553666046.982, 798929132744.302, 837696366558.277, 902409606062.147, 930811064125.151, 979188957980.11, 1021377732486.55, 1075146392089.85, 1137500027631.58, 1171772731392.34, 1181061361993.54, 1261430519849.42, 1307922658113.4, 1339345905332.01, 1381732300870.28, 1425981639370.35, 1466038936206.43, 1509241369553.54, 1556927899270.75, 1602194079769.04, 1638146960195.06, 1626525694049.93, 1696543311942.81, 1740868427277.01, 1764487367948.7, 1808352523915.9 1962, 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
Real GDP (US$ Billions, 2010) 1,697 1,741 1,764 1,808
Real GDP per Capita (US$, 2010)
Current GDP (Billions, US$) 1,818 1,674 1,713 1,755
Current GDP per Capita (US$)
Real GDP PPP (Billions, 2017) 2,515 2,582 2,617 2,682
Real GDP per Capita PPP (int$ 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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