Australia vs Republic of Korea: Gross domestic product (GDP)

Australia
884.05 billion current GBP
in 2014
Republic of Korea
857.71 billion current GBP
in 2014
Australia rank
12th
Republic of Korea rank
13th

Gross domestic product (GDP) over time

  • Australia
  • Republic of Korea
0250.0B500.0B750.0B1.0T182719202014

How they compare

Australia currently reports 884.05 billion current GBP against 857.71 billion current GBP in Republic of Korea, a difference of 26.34 billion current GBP.

The two have swapped places 4 times across 93 shared years of data; in 1911 it was Australia ahead.

Australia ranks 12th and Republic of Korea ranks 13th of 200 countries.

Across the 10 decades both report, Australia averaged higher in 8 and Republic of Korea in 2.

Head to head by decade

Decade Australia Republic of Korea Difference Ahead
1910s 439.58 million current GBP 87.30 million current GBP 352.27 million current GBP Australia
1920s 792.16 million current GBP 185.41 million current GBP 606.75 million current GBP Australia
1930s 597.92 million current GBP 137.38 million current GBP 460.53 million current GBP Australia
1950s 3.66 billion current GBP 1.08 billion current GBP 2.57 billion current GBP Australia
1960s 9.58 billion current GBP 1.55 billion current GBP 8.02 billion current GBP Australia
1970s 41.10 billion current GBP 13.95 billion current GBP 27.15 billion current GBP Australia
1980s 122.09 billion current GBP 76.94 billion current GBP 45.14 billion current GBP Australia
1990s 220.18 billion current GBP 272.42 billion current GBP 52.25 billion current GBP Republic of Korea
2000s 380.23 billion current GBP 471.15 billion current GBP 90.92 billion current GBP Republic of Korea
2010s 892.90 billion current GBP 785.16 billion current GBP 107.74 billion current GBP Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Australia or Republic of Korea?
Australia, at 884.05 billion current GBP against 857.71 billion current GBP in Republic of Korea as of 2014.
What is the difference in gross domestic product (gdp) between Australia and Republic of Korea?
26.34 billion current GBP, with Australia ahead.
How many years of comparable data are there for Australia and Republic of Korea?
93 years are reported by both, from 1911 to 2014.
How do Australia and Republic of Korea rank globally for gross domestic product (gdp)?
Australia ranks 12th and Republic of Korea ranks 13th of 200 countries.
Where does this data come from?
Fouquin and Hugot (2016) – processed 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 Republic of Korea: Gross domestic product (GDP). Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/national-gdp-fouquin-current-gbp/australia/korea-rep/

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About this data

Indicator
Gross domestic product (GDP)
Unit
current GBP
Source
Fouquin and Hugot (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
200 places, 13,609 data points, 1827–2014
Last refreshed

This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.