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$.
That makes South Korea's figure about 1.1 times Australia's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 12th and South Korea ranks 10th of 212 countries.
Across the 7 decades both report, Australia averaged higher in 4 and South Korea in 3.
Head to head by decade
| Decade | Australia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 250.12 billion constant 2015 US$ | 38.15 billion constant 2015 US$ | 211.98 billion constant 2015 US$ | Australia |
| 1970s | 388.83 billion constant 2015 US$ | 106.00 billion constant 2015 US$ | 282.83 billion constant 2015 US$ | Australia |
| 1980s | 518.06 billion constant 2015 US$ | 251.98 billion constant 2015 US$ | 266.08 billion constant 2015 US$ | Australia |
| 1990s | 708.65 billion constant 2015 US$ | 593.50 billion constant 2015 US$ | 115.15 billion constant 2015 US$ | Australia |
| 2000s | 1.01 trillion constant 2015 US$ | 1.05 trillion constant 2015 US$ | 34.87 billion constant 2015 US$ | South Korea |
| 2010s | 1.34 trillion constant 2015 US$ | 1.52 trillion constant 2015 US$ | 180.83 billion constant 2015 US$ | South Korea |
| 2020s | 1.61 trillion constant 2015 US$ | 1.85 trillion constant 2015 US$ | 245.60 billion constant 2015 US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Australia or South Korea?
- South Korea, at 1.94 trillion constant 2015 US$ against 1.69 trillion constant 2015 US$ in Australia as of 2025.
- What is the difference in gdp between Australia and South Korea?
- 241.94 billion constant 2015 US$, with South Korea ahead.
- How many years of comparable data are there for Australia and South Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and South Korea rank globally for gdp?
- Australia ranks 12th and South Korea ranks 10th of 212 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.