Korea, Rep. vs Spain: Gross domestic product (GDP)

Korea, Rep.
2.91 trillion international-$ in 2021 prices
in 2023
Spain
2.19 trillion international-$ in 2021 prices
in 2023
Korea, Rep. rank
13th
Spain rank
15th

Gross domestic product (GDP) over time

  • Korea, Rep.
  • Spain
01.0T2.0T3.0T195019862023

How they compare

Korea, Rep. currently reports 2.91 trillion international-$ in 2021 prices against 2.19 trillion international-$ in 2021 prices in Spain, a difference of 718.69 billion international-$ in 2021 prices.

That makes Korea, Rep.'s figure about 1.3 times Spain's.

The two have swapped places 3 times across 71 shared years of data; in 1953 it was Spain ahead.

Korea, Rep. ranks 13th and Spain ranks 15th of 184 countries.

Across the 8 decades both report, Korea, Rep. averaged higher in 4 and Spain in 4.

Head to head by decade

Decade Korea, Rep. Spain Difference Ahead
1950s 30.79 billion international-$ in 2021 prices 177.84 billion international-$ in 2021 prices 147.05 billion international-$ in 2021 prices Spain
1960s 50.13 billion international-$ in 2021 prices 318.02 billion international-$ in 2021 prices 267.89 billion international-$ in 2021 prices Spain
1970s 164.20 billion international-$ in 2021 prices 561.42 billion international-$ in 2021 prices 397.23 billion international-$ in 2021 prices Spain
1980s 375.92 billion international-$ in 2021 prices 649.70 billion international-$ in 2021 prices 273.79 billion international-$ in 2021 prices Spain
1990s 1.03 trillion international-$ in 2021 prices 990.94 billion international-$ in 2021 prices 41.86 billion international-$ in 2021 prices Korea, Rep.
2000s 1.70 trillion international-$ in 2021 prices 1.58 trillion international-$ in 2021 prices 118.09 billion international-$ in 2021 prices Korea, Rep.
2010s 2.27 trillion international-$ in 2021 prices 1.88 trillion international-$ in 2021 prices 391.72 billion international-$ in 2021 prices Korea, Rep.
2020s 2.81 trillion international-$ in 2021 prices 2.05 trillion international-$ in 2021 prices 760.41 billion international-$ in 2021 prices Korea, Rep.

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Korea, Rep. or Spain?
Korea, Rep., at 2.91 trillion international-$ in 2021 prices against 2.19 trillion international-$ in 2021 prices in Spain as of 2023.
What is the difference in gross domestic product (gdp) between Korea, Rep. and Spain?
718.69 billion international-$ in 2021 prices, with Korea, Rep. ahead.
How many years of comparable data are there for Korea, Rep. and Spain?
71 years are reported by both, from 1953 to 2023.
How do Korea, Rep. and Spain rank globally for gross domestic product (gdp)?
Korea, Rep. ranks 13th and Spain ranks 15th of 184 countries.
Where does this data come from?
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2021 prices
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.