GDP in South Korea
South Korea: GDP was 1.87 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
1.87 trillion current US$
Change on year
down 0.2%
World rank
13th
of 214 countries
All-time high
1.94 trillion current US$
in 2021
All-time low
2.43 billion current US$
in 1961
Years of data
66
1960–2025
GDP in South Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp in South Korea is 1.87 trillion current US$, measured in 2025.
Compared with earlier readings it is down 0.2% on the previous year and up 21.6% over ten years.
Over the whole period, gdp in South Korea peaked at 1.94 trillion current US$ in 2021 and was at its lowest, 2.43 billion current US$, in 1961.
That places South Korea 13th out of 214 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in South Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 3.97 billion current US$ | — |
| 1961 | 2.43 billion current US$ | -38.9% |
| 1962 | 2.83 billion current US$ | +16.5% |
| 1963 | 4.01 billion current US$ | +41.8% |
| 1964 | 3.48 billion current US$ | -13.2% |
| 1965 | 3.14 billion current US$ | -9.7% |
| 1966 | 3.96 billion current US$ | +26.0% |
| 1967 | 4.90 billion current US$ | +23.7% |
| 1968 | 6.17 billion current US$ | +26.0% |
| 1969 | 7.74 billion current US$ | +25.6% |
| 1970 | 9.09 billion current US$ | +17.3% |
| 1971 | 10.01 billion current US$ | +10.1% |
| 1972 | 10.99 billion current US$ | +9.8% |
| 1973 | 14.07 billion current US$ | +28.0% |
| 1974 | 19.86 billion current US$ | +41.2% |
| 1975 | 22.13 billion current US$ | +11.4% |
| 1976 | 30.37 billion current US$ | +37.3% |
| 1977 | 39.06 billion current US$ | +28.6% |
| 1978 | 52.82 billion current US$ | +35.2% |
| 1979 | 68.08 billion current US$ | +28.9% |
| 1980 | 66.55 billion current US$ | -2.3% |
| 1981 | 74.29 billion current US$ | +11.6% |
| 1982 | 79.92 billion current US$ | +7.6% |
| 1983 | 89.62 billion current US$ | +12.1% |
| 1984 | 99.75 billion current US$ | +11.3% |
| 1985 | 103.76 billion current US$ | +4.0% |
| 1986 | 119.97 billion current US$ | +15.6% |
| 1987 | 152.24 billion current US$ | +26.9% |
| 1988 | 205.48 billion current US$ | +35.0% |
| 1989 | 254.24 billion current US$ | +23.7% |
| 1990 | 292.06 billion current US$ | +14.9% |
| 1991 | 340.85 billion current US$ | +16.7% |
| 1992 | 366.92 billion current US$ | +7.6% |
| 1993 | 405.70 billion current US$ | +10.6% |
| 1994 | 479.18 billion current US$ | +18.1% |
| 1995 | 586.29 billion current US$ | +22.4% |
| 1996 | 631.20 billion current US$ | +7.7% |
| 1997 | 589.20 billion current US$ | -6.7% |
| 1998 | 397.30 billion current US$ | -32.6% |
| 1999 | 515.70 billion current US$ | +29.8% |
| 2000 | 597.49 billion current US$ | +15.9% |
| 2001 | 567.57 billion current US$ | -5.0% |
| 2002 | 650.01 billion current US$ | +14.5% |
| 2003 | 728.52 billion current US$ | +12.1% |
| 2004 | 823.25 billion current US$ | +13.0% |
| 2005 | 971.74 billion current US$ | +18.0% |
| 2006 | 1.10 trillion current US$ | +12.7% |
| 2007 | 1.22 trillion current US$ | +11.5% |
| 2008 | 1.09 trillion current US$ | -10.6% |
| 2009 | 983.07 billion current US$ | -9.9% |
| 2010 | 1.19 trillion current US$ | +21.3% |
| 2011 | 1.31 trillion current US$ | +9.6% |
| 2012 | 1.34 trillion current US$ | +2.2% |
| 2013 | 1.43 trillion current US$ | +7.4% |
| 2014 | 1.56 trillion current US$ | +8.5% |
| 2015 | 1.54 trillion current US$ | -1.1% |
| 2016 | 1.58 trillion current US$ | +2.6% |
| 2017 | 1.71 trillion current US$ | +8.3% |
| 2018 | 1.82 trillion current US$ | +6.7% |
| 2019 | 1.75 trillion current US$ | -4.0% |
| 2020 | 1.74 trillion current US$ | -0.4% |
| 2021 | 1.94 trillion current US$ | +11.4% |
| 2022 | 1.80 trillion current US$ | -7.4% |
| 2023 | 1.84 trillion current US$ | +2.5% |
| 2024 | 1.88 trillion current US$ | +1.7% |
| 2025 | 1.87 trillion current US$ | -0.2% |
South Korea compared with similar countries
- South Korea's 1.87 trillion current US$ is above the median for high income countries, which is 102.03 billion current US$, 18.4× the median. (82 countries reporting)
- South Korea's 1.87 trillion current US$ is above the median for East Asia & Pacific, which is 16.67 billion current US$, 112.3× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.26 billion current US$ | 2.43 billion current US$ | 7.74 billion current US$ | 10 |
| 1970s | 27.65 billion current US$ | 9.09 billion current US$ | 68.08 billion current US$ | 10 |
| 1980s | 124.58 billion current US$ | 66.55 billion current US$ | 254.24 billion current US$ | 10 |
| 1990s | 460.44 billion current US$ | 292.06 billion current US$ | 631.20 billion current US$ | 10 |
| 2000s | 872.93 billion current US$ | 567.57 billion current US$ | 1.22 trillion current US$ | 10 |
| 2010s | 1.52 trillion current US$ | 1.19 trillion current US$ | 1.82 trillion current US$ | 10 |
| 2020s | 1.85 trillion current US$ | 1.74 trillion current US$ | 1.94 trillion current US$ | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gdp in South Korea?
- Gdp in South Korea was 1.87 trillion current 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 current US$ in 2021.
- What is the lowest gdp recorded in South Korea?
- The lowest recorded value was 2.43 billion current US$ in 1961.
- How does South Korea rank for gdp?
- South Korea ranks 13th out of 214 countries with data for 2025.
- Is gdp rising or falling in South Korea?
- Over the last ten years it is up 21.6%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.