Korea vs Spain: GDP, PPP
GDP, PPP over time
- Korea
- Spain
How they compare
Korea currently reports 2.88 trillion constant 2021 international $ against 2.43 trillion constant 2021 international $ in Spain, a difference of 444.58 billion constant 2021 international $.
That makes Korea's figure about 1.2 times Spain's.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Spain ahead.
Korea ranks 14th and Spain ranks 15th of 199 countries.
Across the 4 decades both report, Korea averaged higher in 2 and Spain in 2.
Head to head by decade
| Decade | Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 882.22 billion constant 2021 international $ | 1.35 trillion constant 2021 international $ | 464.40 billion constant 2021 international $ | Spain |
| 2000s | 1.56 trillion constant 2021 international $ | 1.86 trillion constant 2021 international $ | 306.18 billion constant 2021 international $ | Spain |
| 2010s | 2.26 trillion constant 2021 international $ | 2.02 trillion constant 2021 international $ | 239.78 billion constant 2021 international $ | Korea |
| 2020s | 2.75 trillion constant 2021 international $ | 2.23 trillion constant 2021 international $ | 519.97 billion constant 2021 international $ | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, ppp, Korea or Spain?
- Korea, at 2.88 trillion constant 2021 international $ against 2.43 trillion constant 2021 international $ in Spain as of 2025.
- What is the difference in gdp, ppp between Korea and Spain?
- 444.58 billion constant 2021 international $, with Korea ahead.
- How many years of comparable data are there for Korea and Spain?
- 36 years are reported by both, from 1990 to 2025.
- How do Korea and Spain rank globally for gdp, ppp?
- Korea ranks 14th and Spain ranks 15th of 199 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.