Gdp penn world table in South Korea
South Korea: Gdp penn world table was 2.91 trillion in 2023. ◆ Volatile
Latest (2023)
2.91 trillion
Change on year
up 1.5%
World rank
13th
of 184 countries
All-time high
2.91 trillion
in 2023
All-time low
26.43 billion
in 1953
Years of data
71
1953–2023
Gdp penn world table in South Korea, 1953–2023
Source: Our World in Data.
Analysis
In 2023, gdp penn world table in South Korea stood at 2.91 trillion. That is the highest value across all 71 years on record.
Compared with earlier readings it is up 1.5% on the previous year and up 42.7% over ten years.
Over the whole period, gdp penn world table in South Korea peaked at 2.91 trillion in 2023 and was at its lowest, 26.43 billion, in 1953.
That places South Korea 13th out of 184 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gdp penn world table in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1953 | 26.43 billion | — |
| 1954 | 27.41 billion | +3.7% |
| 1955 | 29.48 billion | +7.6% |
| 1956 | 30.24 billion | +2.6% |
| 1957 | 32.95 billion | +9.0% |
| 1958 | 34.16 billion | +3.7% |
| 1959 | 34.86 billion | +2.1% |
| 1960 | 35.21 billion | +1.0% |
| 1961 | 37.73 billion | +7.1% |
| 1962 | 38.06 billion | +0.9% |
| 1963 | 42.48 billion | +11.6% |
| 1964 | 46.26 billion | +8.9% |
| 1965 | 48.69 billion | +5.3% |
| 1966 | 55.26 billion | +13.5% |
| 1967 | 58.30 billion | +5.5% |
| 1968 | 65.14 billion | +11.7% |
| 1969 | 74.14 billion | +13.8% |
| 1970 | 80.55 billion | +8.6% |
| 1971 | 95.07 billion | +18.0% |
| 1972 | 107.39 billion | +13.0% |
| 1973 | 131.40 billion | +22.4% |
| 1974 | 156.86 billion | +19.4% |
| 1975 | 181.06 billion | +15.4% |
| 1976 | 196.54 billion | +8.6% |
| 1977 | 214.08 billion | +8.9% |
| 1978 | 233.18 billion | +8.9% |
| 1979 | 245.85 billion | +5.4% |
| 1980 | 233.23 billion | -5.1% |
| 1981 | 248.80 billion | +6.7% |
| 1982 | 267.55 billion | +7.5% |
| 1983 | 301.07 billion | +12.5% |
| 1984 | 331.10 billion | +10.0% |
| 1985 | 348.07 billion | +5.1% |
| 1986 | 410.13 billion | +17.8% |
| 1987 | 476.07 billion | +16.1% |
| 1988 | 542.45 billion | +13.9% |
| 1989 | 600.69 billion | +10.7% |
| 1990 | 677.26 billion | +12.7% |
| 1991 | 770.87 billion | +13.8% |
| 1992 | 834.73 billion | +8.3% |
| 1993 | 916.87 billion | +9.8% |
| 1994 | 1.03 trillion | +12.6% |
| 1995 | 1.16 trillion | +12.4% |
| 1996 | 1.30 trillion | +11.7% |
| 1997 | 1.27 trillion | -1.9% |
| 1998 | 1.12 trillion | -11.8% |
| 1999 | 1.25 trillion | +11.0% |
| 2000 | 1.34 trillion | +8.0% |
| 2001 | 1.39 trillion | +3.2% |
| 2002 | 1.50 trillion | +8.3% |
| 2003 | 1.56 trillion | +4.0% |
| 2004 | 1.66 trillion | +6.3% |
| 2005 | 1.80 trillion | +8.0% |
| 2006 | 1.86 trillion | +3.7% |
| 2007 | 1.97 trillion | +6.0% |
| 2008 | 1.99 trillion | +0.5% |
| 2009 | 1.92 trillion | -3.3% |
| 2010 | 2.07 trillion | +7.5% |
| 2011 | 2.07 trillion | +0.3% |
| 2012 | 2.09 trillion | +0.7% |
| 2013 | 2.04 trillion | -2.1% |
| 2014 | 2.15 trillion | +5.1% |
| 2015 | 2.28 trillion | +6.3% |
| 2016 | 2.36 trillion | +3.5% |
| 2017 | 2.45 trillion | +3.7% |
| 2018 | 2.54 trillion | +3.6% |
| 2019 | 2.64 trillion | +4.0% |
| 2020 | 2.67 trillion | +1.0% |
| 2021 | 2.80 trillion | +4.9% |
| 2022 | 2.87 trillion | +2.6% |
| 2023 | 2.91 trillion | +1.5% |
South Korea compared with similar countries
- South Korea's 2.91 trillion is above the median for high income countries, which is 277.84 billion, 10.5× the median. (66 countries reporting)
- South Korea's 2.91 trillion is above the median for East Asia & Pacific, which is 596.79 billion, 4.9× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 30.79 billion | 26.43 billion | 34.86 billion | 7 |
| 1960s | 50.13 billion | 35.21 billion | 74.14 billion | 10 |
| 1970s | 164.20 billion | 80.55 billion | 245.85 billion | 10 |
| 1980s | 375.92 billion | 233.23 billion | 600.69 billion | 10 |
| 1990s | 1.03 trillion | 677.26 billion | 1.30 trillion | 10 |
| 2000s | 1.70 trillion | 1.34 trillion | 1.99 trillion | 10 |
| 2010s | 2.27 trillion | 2.04 trillion | 2.64 trillion | 10 |
| 2020s | 2.81 trillion | 2.67 trillion | 2.91 trillion | 4 |
Countries ranked near South Korea
More economy & growth data for South Korea
- Real gdp growth, annual growth rate -49.75 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
Frequently asked questions
- What is gdp penn world table in South Korea?
- Gdp penn world table in South Korea was 2.91 trillion in 2023, according to Our World in Data.
- What is the highest gdp penn world table recorded in South Korea?
- The highest recorded value was 2.91 trillion in 2023.
- What is the lowest gdp penn world table recorded in South Korea?
- The lowest recorded value was 26.43 billion in 1953.
- How does South Korea rank for gdp penn world table?
- South Korea ranks 13th out of 184 countries with data for 2023.
- Is gdp penn world table rising or falling in South Korea?
- Over the last ten years it is up 42.7%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.
Download this data
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