GDP in South Korea

South Korea: GDP was 2,315.29 trillion constant LCU in 2025. ◆ Volatile

Latest (2025)
2,315.29 trillion constant LCU
Change on year
up 1.0%
World rank
4th
of 215 countries
All-time high
2,315.29 trillion constant LCU
in 2025
All-time low
31.03 trillion constant LCU
in 1960
Years of data
66
1960–2025

GDP in South Korea, 1960–2025

0500.0T1,000.0T1,500.0T2,000.0T2,500.0T196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, gdp in South Korea stood at 2,315.29 trillion constant LCU. That is the highest value across all 66 years on record.

The figure is up 1.0% on the previous year and up 25.8% over ten years.

Over the whole period, gdp in South Korea peaked at 2,315.29 trillion constant LCU in 2025 and was at its lowest, 31.03 trillion constant LCU, in 1960.

South Korea ranks 4th of 215 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP in South Korea, year by year

Annual values for GDP (constant LCU) in South Korea, 1960 to 2025.
Year constant LCU Change
1960 31.03 trillion constant LCU —
1961 33.18 trillion constant LCU +6.9%
1962 34.48 trillion constant LCU +3.9%
1963 37.59 trillion constant LCU +9.0%
1964 41.13 trillion constant LCU +9.4%
1965 44.14 trillion constant LCU +7.3%
1966 49.44 trillion constant LCU +12.0%
1967 53.96 trillion constant LCU +9.2%
1968 61.10 trillion constant LCU +13.2%
1969 70.01 trillion constant LCU +14.6%
1970 77.13 trillion constant LCU +10.2%
1971 85.35 trillion constant LCU +10.7%
1972 91.61 trillion constant LCU +7.3%
1973 105.33 trillion constant LCU +15.0%
1974 115.49 trillion constant LCU +9.6%
1975 124.65 trillion constant LCU +7.9%
1976 141.18 trillion constant LCU +13.3%
1977 158.66 trillion constant LCU +12.4%
1978 176.22 trillion constant LCU +11.1%
1979 191.61 trillion constant LCU +8.7%
1980 188.69 trillion constant LCU -1.5%
1981 202.66 trillion constant LCU +7.4%
1982 219.83 trillion constant LCU +8.5%
1983 249.43 trillion constant LCU +13.5%
1984 275.96 trillion constant LCU +10.6%
1985 297.87 trillion constant LCU +7.9%
1986 332.13 trillion constant LCU +11.5%
1987 374.95 trillion constant LCU +12.9%
1988 420.44 trillion constant LCU +12.1%
1989 450.57 trillion constant LCU +7.2%
1990 495.74 trillion constant LCU +10.0%
1991 549.65 trillion constant LCU +10.9%
1992 584.56 trillion constant LCU +6.4%
1993 625.45 trillion constant LCU +7.0%
1994 684.07 trillion constant LCU +9.4%
1995 750.67 trillion constant LCU +9.7%
1996 810.65 trillion constant LCU +8.0%
1997 861.57 trillion constant LCU +6.3%
1998 819.02 trillion constant LCU -4.9%
1999 914.17 trillion constant LCU +11.6%
2000 998.29 trillion constant LCU +9.2%
2001 1,045.47 trillion constant LCU +4.7%
2002 1,126.43 trillion constant LCU +7.7%
2003 1,161.06 trillion constant LCU +3.1%
2004 1,221.25 trillion constant LCU +5.2%
2005 1,274.47 trillion constant LCU +4.4%
2006 1,341.32 trillion constant LCU +5.2%
2007 1,419.68 trillion constant LCU +5.8%
2008 1,462.33 trillion constant LCU +3.0%
2009 1,474.32 trillion constant LCU +0.8%
2010 1,577.25 trillion constant LCU +7.0%
2011 1,635.42 trillion constant LCU +3.7%
2012 1,677.09 trillion constant LCU +2.5%
2013 1,732.29 trillion constant LCU +3.3%
2014 1,787.97 trillion constant LCU +3.2%
2015 1,840.19 trillion constant LCU +2.9%
2016 1,898.55 trillion constant LCU +3.2%
2017 1,963.73 trillion constant LCU +3.4%
2018 2,026.10 trillion constant LCU +3.2%
2019 2,072.98 trillion constant LCU +2.3%
2020 2,058.47 trillion constant LCU -0.7%
2021 2,153.42 trillion constant LCU +4.6%
2022 2,212.16 trillion constant LCU +2.7%
2023 2,247.18 trillion constant LCU +1.6%
2024 2,292.20 trillion constant LCU +2.0%
2025 2,315.29 trillion constant LCU +1.0%

South Korea compared with similar countries

  • South Korea's 2,315.29 trillion constant LCU is above the median for high income countries, which is 153.70 billion constant LCU, 15064.1× the median. (83 countries reporting)
  • South Korea's 2,315.29 trillion constant LCU is above the median for East Asia & Pacific, which is 387.42 billion constant LCU, 5976.2× the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 45.61 trillion constant LCU 31.03 trillion constant LCU 70.01 trillion constant LCU 10
1970s 126.72 trillion constant LCU 77.13 trillion constant LCU 191.61 trillion constant LCU 10
1980s 301.25 trillion constant LCU 188.69 trillion constant LCU 450.57 trillion constant LCU 10
1990s 709.55 trillion constant LCU 495.74 trillion constant LCU 914.17 trillion constant LCU 10
2000s 1,252.46 trillion constant LCU 998.29 trillion constant LCU 1,474.32 trillion constant LCU 10
2010s 1,821.16 trillion constant LCU 1,577.25 trillion constant LCU 2,072.98 trillion constant LCU 10
2020s 2,213.12 trillion constant LCU 2,058.47 trillion constant LCU 2,315.29 trillion constant LCU 6

Countries ranked near South Korea

  1. 1 Iran 78,546.40 trillion constant LCU compare
  2. 2 Indonesia 13,580.50 trillion constant LCU compare
  3. 3 Vietnam 6,763.10 trillion constant LCU compare
  4. 5 Colombia 1,021.79 trillion constant LCU compare
  5. 6 Japan 591.22 trillion constant LCU compare
  6. 7 India 322.58 trillion constant LCU compare

See the full ranking of 216 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is gdp in South Korea?
Gdp in South Korea was 2,315.29 trillion constant LCU 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 2,315.29 trillion constant LCU in 2025.
What is the lowest gdp recorded in South Korea?
The lowest recorded value was 31.03 trillion constant LCU in 1960.
How does South Korea rank for gdp?
South Korea ranks 4th out of 215 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 LCU). Statizoid updates them automatically from the source API.

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GDP in South Korea. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 September 2026, from https://economy.statizoid.com/stat/gdp-constant-lcu/korea-rep/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
216 places, 11,656 data points, 1960–2025
Last refreshed

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 varies by country. This series is expressed in local currency units.