GDP in South Korea
South Korea: GDP was 1.94 trillion constant 2015 US$ in 2025. ◆ Volatile
GDP in South Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in South Korea is 1.94 trillion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 1.0% on the previous year and up 25.8% over ten years.
Over the whole period, gdp in South Korea peaked at 1.94 trillion constant 2015 US$ in 2025 and was at its lowest, 25.96 billion constant 2015 US$, in 1960.
South Korea ranks 10th of 209 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 38.15 billion constant 2015 US$ | 25.96 billion constant 2015 US$ | 58.56 billion constant 2015 US$ | 10 |
| 1970s | 106.00 billion constant 2015 US$ | 64.52 billion constant 2015 US$ | 160.27 billion constant 2015 US$ | 10 |
| 1980s | 251.98 billion constant 2015 US$ | 157.83 billion constant 2015 US$ | 376.88 billion constant 2015 US$ | 10 |
| 1990s | 593.50 billion constant 2015 US$ | 414.66 billion constant 2015 US$ | 764.65 billion constant 2015 US$ | 10 |
| 2000s | 1.05 trillion constant 2015 US$ | 835.01 billion constant 2015 US$ | 1.23 trillion constant 2015 US$ | 10 |
| 2010s | 1.52 trillion constant 2015 US$ | 1.32 trillion constant 2015 US$ | 1.73 trillion constant 2015 US$ | 10 |
| 2020s | 1.85 trillion constant 2015 US$ | 1.72 trillion constant 2015 US$ | 1.94 trillion constant 2015 US$ | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- External balance on goods and services as a percent of GDP 5.2% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 37,470 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 27.4% (2025)
- Gross domestic product (GDP) 1.94 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 37,470 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
Frequently asked questions
- What is gdp in South Korea?
- Gdp in South Korea was 1.94 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in South Korea?
- The highest recorded value was 1.94 trillion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in South Korea?
- The lowest recorded value was 25.96 billion constant 2015 US$ in 1960.
- How does South Korea rank for gdp?
- South Korea ranks 10th out of 209 countries with data for 2025.
- Is gdp rising or falling in South Korea?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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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.