Gross domestic product (GDP) (National statistical) in South Korea
South Korea: Gross domestic product (GDP) was 1.94 trillion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
1.94 trillion constant 2015 US$
Change on year
up 1.0%
World rank
10th
of 209 countries
All-time high
1.94 trillion constant 2015 US$
in 2025
All-time low
25.96 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross domestic product (GDP) in South Korea, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
South Korea recorded 1.94 trillion constant 2015 US$ for gross domestic product (gdp) in 2025. That is the highest value across all 66 years on record.
That represents a change of up 1.0% on the previous year and up 25.8% over ten years.
Over the whole period, gross domestic product (gdp) in South Korea peaked at 1.94 trillion constant 2015 US$ in 2025 and was at its lowest, 25.96 billion constant 2015 US$, in 1960.
South Korea ranks 10th of 209 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in South Korea, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 25.96 billion constant 2015 US$ | — |
| 1961 | 27.75 billion constant 2015 US$ | +6.9% |
| 1962 | 28.84 billion constant 2015 US$ | +3.9% |
| 1963 | 31.44 billion constant 2015 US$ | +9.0% |
| 1964 | 34.40 billion constant 2015 US$ | +9.4% |
| 1965 | 36.92 billion constant 2015 US$ | +7.3% |
| 1966 | 41.35 billion constant 2015 US$ | +12.0% |
| 1967 | 45.14 billion constant 2015 US$ | +9.2% |
| 1968 | 51.10 billion constant 2015 US$ | +13.2% |
| 1969 | 58.56 billion constant 2015 US$ | +14.6% |
| 1970 | 64.52 billion constant 2015 US$ | +10.2% |
| 1971 | 71.39 billion constant 2015 US$ | +10.7% |
| 1972 | 76.62 billion constant 2015 US$ | +7.3% |
| 1973 | 88.10 billion constant 2015 US$ | +15.0% |
| 1974 | 96.60 billion constant 2015 US$ | +9.6% |
| 1975 | 104.26 billion constant 2015 US$ | +7.9% |
| 1976 | 118.09 billion constant 2015 US$ | +13.3% |
| 1977 | 132.71 billion constant 2015 US$ | +12.4% |
| 1978 | 147.40 billion constant 2015 US$ | +11.1% |
| 1979 | 160.27 billion constant 2015 US$ | +8.7% |
| 1980 | 157.83 billion constant 2015 US$ | -1.5% |
| 1981 | 169.52 billion constant 2015 US$ | +7.4% |
| 1982 | 183.87 billion constant 2015 US$ | +8.5% |
| 1983 | 208.63 billion constant 2015 US$ | +13.5% |
| 1984 | 230.82 billion constant 2015 US$ | +10.6% |
| 1985 | 249.15 billion constant 2015 US$ | +7.9% |
| 1986 | 277.81 billion constant 2015 US$ | +11.5% |
| 1987 | 313.62 billion constant 2015 US$ | +12.9% |
| 1988 | 351.68 billion constant 2015 US$ | +12.1% |
| 1989 | 376.88 billion constant 2015 US$ | +7.2% |
| 1990 | 414.66 billion constant 2015 US$ | +10.0% |
| 1991 | 459.75 billion constant 2015 US$ | +10.9% |
| 1992 | 488.95 billion constant 2015 US$ | +6.4% |
| 1993 | 523.15 billion constant 2015 US$ | +7.0% |
| 1994 | 572.18 billion constant 2015 US$ | +9.4% |
| 1995 | 627.89 billion constant 2015 US$ | +9.7% |
| 1996 | 678.06 billion constant 2015 US$ | +8.0% |
| 1997 | 720.66 billion constant 2015 US$ | +6.3% |
| 1998 | 685.06 billion constant 2015 US$ | -4.9% |
| 1999 | 764.65 billion constant 2015 US$ | +11.6% |
| 2000 | 835.01 billion constant 2015 US$ | +9.2% |
| 2001 | 874.47 billion constant 2015 US$ | +4.7% |
| 2002 | 942.19 billion constant 2015 US$ | +7.7% |
| 2003 | 971.16 billion constant 2015 US$ | +3.1% |
| 2004 | 1.02 trillion constant 2015 US$ | +5.2% |
| 2005 | 1.07 trillion constant 2015 US$ | +4.4% |
| 2006 | 1.12 trillion constant 2015 US$ | +5.2% |
| 2007 | 1.19 trillion constant 2015 US$ | +5.8% |
| 2008 | 1.22 trillion constant 2015 US$ | +3.0% |
| 2009 | 1.23 trillion constant 2015 US$ | +0.8% |
| 2010 | 1.32 trillion constant 2015 US$ | +7.0% |
| 2011 | 1.37 trillion constant 2015 US$ | +3.7% |
| 2012 | 1.40 trillion constant 2015 US$ | +2.5% |
| 2013 | 1.45 trillion constant 2015 US$ | +3.3% |
| 2014 | 1.50 trillion constant 2015 US$ | +3.2% |
| 2015 | 1.54 trillion constant 2015 US$ | +2.9% |
| 2016 | 1.59 trillion constant 2015 US$ | +3.2% |
| 2017 | 1.64 trillion constant 2015 US$ | +3.4% |
| 2018 | 1.69 trillion constant 2015 US$ | +3.2% |
| 2019 | 1.73 trillion constant 2015 US$ | +2.3% |
| 2020 | 1.72 trillion constant 2015 US$ | -0.7% |
| 2021 | 1.80 trillion constant 2015 US$ | +4.6% |
| 2022 | 1.85 trillion constant 2015 US$ | +2.7% |
| 2023 | 1.88 trillion constant 2015 US$ | +1.6% |
| 2024 | 1.92 trillion constant 2015 US$ | +2.0% |
| 2025 | 1.94 trillion constant 2015 US$ | +1.0% |
South Korea compared with similar countries
- South Korea's 1.94 trillion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 25.5× the median. (80 countries reporting)
- South Korea's 1.94 trillion constant 2015 US$ is above the median for East Asia & Pacific, which is 17.42 billion constant 2015 US$, 111.1× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 38.15 billion constant 2015 US$ | 25.96 billion constant 2015 US$ | 58.56 billion constant 2015 US$ | 10 |
| 1970s | 106.00 billion constant 2015 US$ | 64.52 billion constant 2015 US$ | 160.27 billion constant 2015 US$ | 10 |
| 1980s | 251.98 billion constant 2015 US$ | 157.83 billion constant 2015 US$ | 376.88 billion constant 2015 US$ | 10 |
| 1990s | 593.50 billion constant 2015 US$ | 414.66 billion constant 2015 US$ | 764.65 billion constant 2015 US$ | 10 |
| 2000s | 1.05 trillion constant 2015 US$ | 835.01 billion constant 2015 US$ | 1.23 trillion constant 2015 US$ | 10 |
| 2010s | 1.52 trillion constant 2015 US$ | 1.32 trillion constant 2015 US$ | 1.73 trillion constant 2015 US$ | 10 |
| 2020s | 1.85 trillion constant 2015 US$ | 1.72 trillion constant 2015 US$ | 1.94 trillion constant 2015 US$ | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- 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)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in South Korea?
- Gross domestic product (gdp) in South Korea was 1.94 trillion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in South Korea?
- The highest recorded value was 1.94 trillion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in South Korea?
- The lowest recorded value was 25.96 billion constant 2015 US$ in 1960.
- How does South Korea rank for gross domestic product (gdp)?
- South Korea ranks 10th out of 209 countries with data for 2025.
- Is gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.