GDP (current LCU), annual growth rate in Republic of Korea
Republic of Korea: GDP (current LCU), annual growth rate was 4.16 % change on previous year in 2025. ◆ Volatile
Latest (2025)
4.16 % change on previous year
Change on year
down 32.3%
World rank
166th
of 212 countries
All-time high
43.36 % change on previous year
in 1974
All-time low
-0.6628 % change on previous year
in 1998
Years of data
65
1961–2025
GDP (current LCU), annual growth rate in Republic of Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (current lcu), annual growth rate in Republic of Korea is 4.16 % change on previous year, measured in 2025.
Compared with earlier readings it is down 32.3% on the previous year and down 33.3% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Republic of Korea peaked at 43.36 % change on previous year in 1974 and was at its lowest, -0.6628 % change on previous year, in 1998.
Republic of Korea ranks 166th of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 20.77 % change on previous year | — |
| 1962 | 21.33 % change on previous year | +2.7% |
| 1963 | 41.77 % change on previous year | +95.8% |
| 1964 | 42.71 % change on previous year | +2.2% |
| 1965 | 12.55 % change on previous year | -70.6% |
| 1966 | 28.31 % change on previous year | +125.6% |
| 1967 | 23.33 % change on previous year | -17.6% |
| 1968 | 28.84 % change on previous year | +23.6% |
| 1969 | 30.8 % change on previous year | +6.8% |
| 1970 | 26.44 % change on previous year | -14.2% |
| 1971 | 23.11 % change on previous year | -12.6% |
| 1972 | 24.32 % change on previous year | +5.3% |
| 1973 | 29.77 % change on previous year | +22.4% |
| 1974 | 43.36 % change on previous year | +45.7% |
| 1975 | 33.31 % change on previous year | -23.2% |
| 1976 | 37.26 % change on previous year | +11.9% |
| 1977 | 28.62 % change on previous year | -23.2% |
| 1978 | 35.22 % change on previous year | +23.1% |
| 1979 | 28.89 % change on previous year | -18.0% |
| 1980 | 22.67 % change on previous year | -21.5% |
| 1981 | 25.15 % change on previous year | +11.0% |
| 1982 | 15.49 % change on previous year | -38.4% |
| 1983 | 18.99 % change on previous year | +22.6% |
| 1984 | 15.64 % change on previous year | -17.6% |
| 1985 | 12.29 % change on previous year | -21.4% |
| 1986 | 17.13 % change on previous year | +39.4% |
| 1987 | 18.42 % change on previous year | +7.5% |
| 1988 | 20.02 % change on previous year | +8.7% |
| 1989 | 13.58 % change on previous year | -32.2% |
| 1990 | 21.09 % change on previous year | +55.3% |
| 1991 | 20.92 % change on previous year | -0.8% |
| 1992 | 14.59 % change on previous year | -30.3% |
| 1993 | 13.69 % change on previous year | -6.2% |
| 1994 | 18.22 % change on previous year | +33.1% |
| 1995 | 17.45 % change on previous year | -4.2% |
| 1996 | 12.29 % change on previous year | -29.6% |
| 1997 | 10.39 % change on previous year | -15.5% |
| 1998 | -0.6628 % change on previous year | -106.4% |
| 1999 | 10.11 % change on previous year | -1625.1% |
| 2000 | 10.22 % change on previous year | +1.1% |
| 2001 | 8.43 % change on previous year | -17.5% |
| 2002 | 10.99 % change on previous year | +30.3% |
| 2003 | 6.75 % change on previous year | -38.6% |
| 2004 | 8.61 % change on previous year | +27.6% |
| 2005 | 5.55 % change on previous year | -35.6% |
| 2006 | 5.07 % change on previous year | -8.5% |
| 2007 | 8.5 % change on previous year | +67.6% |
| 2008 | 6.03 % change on previous year | -29.0% |
| 2009 | 4.35 % change on previous year | -27.9% |
| 2010 | 9.89 % change on previous year | +127.3% |
| 2011 | 5.01 % change on previous year | -49.3% |
| 2012 | 3.87 % change on previous year | -22.7% |
| 2013 | 4.4 % change on previous year | +13.7% |
| 2014 | 4.3 % change on previous year | -2.4% |
| 2015 | 6.24 % change on previous year | +45.2% |
| 2016 | 5.3 % change on previous year | -15.1% |
| 2017 | 5.52 % change on previous year | +4.2% |
| 2018 | 3.76 % change on previous year | -31.9% |
| 2019 | 1.68 % change on previous year | -55.5% |
| 2020 | 0.8762 % change on previous year | -47.7% |
| 2021 | 7.94 % change on previous year | +806.2% |
| 2022 | 4.58 % change on previous year | -42.3% |
| 2023 | 3.65 % change on previous year | -20.3% |
| 2024 | 6.15 % change on previous year | +68.4% |
| 2025 | 4.16 % change on previous year | -32.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 27.82 % change on previous year | 12.55 % change on previous year | 42.71 % change on previous year | 9 |
| 1970s | 31.03 % change on previous year | 23.11 % change on previous year | 43.36 % change on previous year | 10 |
| 1980s | 17.94 % change on previous year | 12.29 % change on previous year | 25.15 % change on previous year | 10 |
| 1990s | 13.81 % change on previous year | -0.6628 % change on previous year | 21.09 % change on previous year | 10 |
| 2000s | 7.45 % change on previous year | 4.35 % change on previous year | 10.99 % change on previous year | 10 |
| 2010s | 5 % change on previous year | 1.68 % change on previous year | 9.89 % change on previous year | 10 |
| 2020s | 4.56 % change on previous year | 0.8762 % change on previous year | 7.94 % change on previous year | 6 |
Countries ranked near Republic of Korea
- 163 Canada 4.34 % change on previous year compare
- 164 Micronesia, Federated States of 4.3 % change on previous year compare
- 165 Kiribati 4.23 % change on previous year compare
- 167 New Zealand 4.1 % change on previous year compare
- 168 Costa Rica 4 % change on previous year compare
- 169 China 3.99 % change on previous year compare
More economy & growth data for Republic of Korea
- GDP (current US$), annual growth rate -0.161 % change on previous year (2025)
- GDP (current US$), per capita 36,227 current US$ per person (2025)
- GDP (current LCU), per unit of GDP 1,422 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 51.53 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 37,470 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,237 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 44.80 million constant LCU per person (2025)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Republic of Korea?
- Gdp (current lcu), annual growth rate in Republic of Korea was 4.16 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Republic of Korea?
- The highest recorded value was 43.36 % change on previous year in 1974.
- What is the lowest gdp (current lcu), annual growth rate recorded in Republic of Korea?
- The lowest recorded value was -0.6628 % change on previous year in 1998.
- How does Republic of Korea rank for gdp (current lcu), annual growth rate?
- Republic of Korea ranks 166th out of 212 countries with data for 2025.
- Is gdp (current lcu), annual growth rate rising or falling in Republic of Korea?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.