Australia vs South Korea: GDP
GDP over time
- Australia
- South Korea
How they compare
South Korea currently reports 1.94 trillion constant 2015 US$ against 1.69 trillion constant 2015 US$ in Australia, a difference of 241.94 billion constant 2015 US$.
That makes South Korea's figure about 1.1 times Australia's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 12th and South Korea ranks 10th of 209 countries.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.