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.