Australia vs South Korea: Gross domestic product (GDP) (National statistical)

Australia
1.69 trillion constant 2015 US$
in 2025
South Korea
1.94 trillion constant 2015 US$
in 2025
Australia rank
12th
South Korea rank
10th

Gross domestic product (GDP) (National statistical) over time

  • Australia
  • South Korea
0500.0B1.0T1.5T2.0T196019922025

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.

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 gross domestic product (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 gross domestic product (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 gross domestic product (gdp)?
Australia ranks 12th and South Korea ranks 10th of 209 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor 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.

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Australia vs South Korea: Gross domestic product (GDP). Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Retrieved 07 October 2026, from https://economy.statizoid.com/compare/gdp-worldbank-constant-usd/australia/korea-rep/

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About this data

Indicator
Gross domestic product (GDP)
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
209 places, 11,498 data points, 1960–2025
Last refreshed

Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.