Gdp worldbank constant usd, annual growth rate in Republic of Korea
Republic of Korea: Gdp worldbank constant usd, annual growth rate was 1.01 % change on previous year in 2025. ◆ Volatile
Latest (2025)
1.01 % change on previous year
Change on year
down 49.8%
World rank
172nd
of 209 countries
All-time high
14.97 % change on previous year
in 1973
All-time low
-4.94 % change on previous year
in 1998
Years of data
65
1961–2025
Gdp worldbank constant usd, annual growth rate in Republic of Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Republic of Korea recorded 1.01 % change on previous year for gdp worldbank constant usd, annual growth rate in 2025.
That represents a change of down 49.8% on the previous year and down 65.5% over ten years.
Over the whole period, gdp worldbank constant usd, annual growth rate in Republic of Korea peaked at 14.97 % change on previous year in 1973 and was at its lowest, -4.94 % change on previous year, in 1998.
Republic of Korea ranks 172nd of 209 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 worldbank constant usd, annual growth rate in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 6.92 % change on previous year | — |
| 1962 | 3.92 % change on previous year | -43.3% |
| 1963 | 9.01 % change on previous year | +129.7% |
| 1964 | 9.43 % change on previous year | +4.6% |
| 1965 | 7.31 % change on previous year | -22.4% |
| 1966 | 12.01 % change on previous year | +64.2% |
| 1967 | 9.15 % change on previous year | -23.8% |
| 1968 | 13.22 % change on previous year | +44.5% |
| 1969 | 14.59 % change on previous year | +10.3% |
| 1970 | 10.17 % change on previous year | -30.3% |
| 1971 | 10.65 % change on previous year | +4.8% |
| 1972 | 7.34 % change on previous year | -31.1% |
| 1973 | 14.97 % change on previous year | +104.1% |
| 1974 | 9.65 % change on previous year | -35.6% |
| 1975 | 7.93 % change on previous year | -17.8% |
| 1976 | 13.26 % change on previous year | +67.2% |
| 1977 | 12.38 % change on previous year | -6.7% |
| 1978 | 11.07 % change on previous year | -10.6% |
| 1979 | 8.74 % change on previous year | -21.1% |
| 1980 | -1.52 % change on previous year | -117.4% |
| 1981 | 7.4 % change on previous year | -585.7% |
| 1982 | 8.47 % change on previous year | +14.4% |
| 1983 | 13.47 % change on previous year | +59.0% |
| 1984 | 10.64 % change on previous year | -21.0% |
| 1985 | 7.94 % change on previous year | -25.4% |
| 1986 | 11.5 % change on previous year | +44.9% |
| 1987 | 12.89 % change on previous year | +12.1% |
| 1988 | 12.13 % change on previous year | -5.9% |
| 1989 | 7.17 % change on previous year | -40.9% |
| 1990 | 10.02 % change on previous year | +39.9% |
| 1991 | 10.88 % change on previous year | +8.5% |
| 1992 | 6.35 % change on previous year | -41.6% |
| 1993 | 6.99 % change on previous year | +10.1% |
| 1994 | 9.37 % change on previous year | +34.0% |
| 1995 | 9.74 % change on previous year | +3.9% |
| 1996 | 7.99 % change on previous year | -17.9% |
| 1997 | 6.28 % change on previous year | -21.4% |
| 1998 | -4.94 % change on previous year | -178.6% |
| 1999 | 11.62 % change on previous year | -335.2% |
| 2000 | 9.2 % change on previous year | -20.8% |
| 2001 | 4.73 % change on previous year | -48.6% |
| 2002 | 7.74 % change on previous year | +63.9% |
| 2003 | 3.07 % change on previous year | -60.3% |
| 2004 | 5.18 % change on previous year | +68.6% |
| 2005 | 4.36 % change on previous year | -15.9% |
| 2006 | 5.25 % change on previous year | +20.4% |
| 2007 | 5.84 % change on previous year | +11.4% |
| 2008 | 3 % change on previous year | -48.6% |
| 2009 | 0.8192 % change on previous year | -72.7% |
| 2010 | 6.98 % change on previous year | +752.3% |
| 2011 | 3.69 % change on previous year | -47.2% |
| 2012 | 2.55 % change on previous year | -30.9% |
| 2013 | 3.29 % change on previous year | +29.2% |
| 2014 | 3.21 % change on previous year | -2.3% |
| 2015 | 2.92 % change on previous year | -9.2% |
| 2016 | 3.17 % change on previous year | +8.6% |
| 2017 | 3.43 % change on previous year | +8.2% |
| 2018 | 3.18 % change on previous year | -7.5% |
| 2019 | 2.31 % change on previous year | -27.2% |
| 2020 | -0.7001 % change on previous year | -130.3% |
| 2021 | 4.61 % change on previous year | -758.8% |
| 2022 | 2.73 % change on previous year | -40.9% |
| 2023 | 1.58 % change on previous year | -41.9% |
| 2024 | 2 % change on previous year | +26.5% |
| 2025 | 1.01 % change on previous year | -49.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.51 % change on previous year | 3.92 % change on previous year | 14.59 % change on previous year | 9 |
| 1970s | 10.62 % change on previous year | 7.34 % change on previous year | 14.97 % change on previous year | 10 |
| 1980s | 9.01 % change on previous year | -1.52 % change on previous year | 13.47 % change on previous year | 10 |
| 1990s | 7.43 % change on previous year | -4.94 % change on previous year | 11.62 % change on previous year | 10 |
| 2000s | 4.92 % change on previous year | 0.8192 % change on previous year | 9.2 % change on previous year | 10 |
| 2010s | 3.47 % change on previous year | 2.31 % change on previous year | 6.98 % change on previous year | 10 |
| 2020s | 1.87 % change on previous year | -0.7001 % change on previous year | 4.61 % change on previous year | 6 |
Countries ranked near Republic of Korea
- 169 Micronesia (country) 1.06 % change on previous year compare
- 170 Slovenia 1.06 % change on previous year compare
- 171 Sao Tome and Principe 1.03 % change on previous year compare
- 173 Russian Federation 1 % change on previous year compare
- 174 Belgium 0.9832 % change on previous year compare
- 175 Greenland 0.8661 % change on previous year compare
More economy & growth data for Republic of Korea
- Services, value added (constant LCU), per capita 26.07 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.13 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 0.0121 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9302 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 33,699 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,323 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 47.93 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.17 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9641 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp worldbank constant usd, annual growth rate in Republic of Korea?
- Gdp worldbank constant usd, annual growth rate in Republic of Korea was 1.01 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp worldbank constant usd, annual growth rate recorded in Republic of Korea?
- The highest recorded value was 14.97 % change on previous year in 1973.
- What is the lowest gdp worldbank constant usd, annual growth rate recorded in Republic of Korea?
- The lowest recorded value was -4.94 % change on previous year in 1998.
- How does Republic of Korea rank for gdp worldbank constant usd, annual growth rate?
- Republic of Korea ranks 172nd out of 209 countries with data for 2025.
- Is gdp worldbank constant usd, annual growth rate rising or falling in Republic of Korea?
- Over the last ten years it is down 65.5%. 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 worldbank constant usd, 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 worldbank constant usd. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data
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 worldbank constant usd. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.