Gross domestic product (GDP) in South Korea
South Korea: Gross domestic product (GDP) was 2.88 trillion international-$ in 2021 prices in 2025. ▲ Rising
Gross domestic product (GDP) in South Korea, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2025, gross domestic product (gdp) in South Korea stood at 2.88 trillion international-$ in 2021 prices. That is the highest value across all 36 years on record.
Compared with earlier readings it is 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 2.88 trillion international-$ in 2021 prices in 2025 and was at its lowest, 616.37 billion international-$ in 2021 prices, in 1990.
That places South Korea 14th out of 198 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 882.22 billion international-$ in 2021 prices | 616.37 billion international-$ in 2021 prices | 1.14 trillion international-$ in 2021 prices | 10 |
| 2000s | 1.56 trillion international-$ in 2021 prices | 1.24 trillion international-$ in 2021 prices | 1.83 trillion international-$ in 2021 prices | 10 |
| 2010s | 2.26 trillion international-$ in 2021 prices | 1.96 trillion international-$ in 2021 prices | 2.58 trillion international-$ in 2021 prices | 10 |
| 2020s | 2.75 trillion international-$ in 2021 prices | 2.56 trillion international-$ in 2021 prices | 2.88 trillion international-$ in 2021 prices | 6 |
Countries ranked near South Korea
- 11 Turkey 3.20 trillion international-$ in 2021 prices compare
- 12 Italy 3.16 trillion international-$ in 2021 prices compare
- 13 Mexico 2.89 trillion international-$ in 2021 prices compare
- 15 Spain 2.43 trillion international-$ in 2021 prices compare
- 16 Canada 2.42 trillion international-$ in 2021 prices compare
- 17 Saudi Arabia 2.33 trillion international-$ in 2021 prices compare
More economy & growth data for South Korea
- External balance on goods and services as a percent of GDP 5.2% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 37,470 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 27.4% (2025)
- Gross domestic product (GDP) 1.94 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 37,470 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in South Korea?
- Gross domestic product (gdp) in South Korea was 2.88 trillion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 2.88 trillion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in South Korea?
- The lowest recorded value was 616.37 billion international-$ in 2021 prices in 1990.
- How does South Korea rank for gross domestic product (gdp)?
- South Korea ranks 14th out of 198 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 rising.
- Where does this South Korea data come from?
- The figures come from Eurostat, OECD, IMF, and World Bank (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 — 36 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 for inflation and differences in living costs between countries.