Gross domestic income (constant LCU), annual growth rate in South Korea
South Korea: Gross domestic income (constant LCU), annual growth rate was 1.72 % change on previous year in 2025. ◆ Volatile
Latest (2025)
1.72 % change on previous year
Change on year
down 51.7%
World rank
126th
of 178 countries
All-time high
15.7 % change on previous year
in 1973
All-time low
-5.57 % change on previous year
in 1998
Years of data
65
1961–2025
Gross domestic income (constant LCU), annual growth rate in South Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
South Korea recorded 1.72 % change on previous year for gross domestic income (constant lcu), annual growth rate in 2025.
Compared with earlier readings it is down 51.7% on the previous year and down 72.5% over ten years.
Over the whole period, gross domestic income (constant lcu), annual growth rate in South Korea peaked at 15.7 % change on previous year in 1973 and was at its lowest, -5.57 % change on previous year, in 1998.
South Korea ranks 126th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic income (constant LCU), annual growth rate in South Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 6.9 % change on previous year | — |
| 1962 | 3.98 % change on previous year | -42.3% |
| 1963 | 9.28 % change on previous year | +133.4% |
| 1964 | 9.31 % change on previous year | +0.3% |
| 1965 | 7.56 % change on previous year | -18.8% |
| 1966 | 12.19 % change on previous year | +61.3% |
| 1967 | 9.36 % change on previous year | -23.2% |
| 1968 | 13.49 % change on previous year | +44.1% |
| 1969 | 14.78 % change on previous year | +9.5% |
| 1970 | 10.25 % change on previous year | -30.6% |
| 1971 | 10.78 % change on previous year | +5.1% |
| 1972 | 7.86 % change on previous year | -27.1% |
| 1973 | 15.7 % change on previous year | +99.8% |
| 1974 | 8.47 % change on previous year | -46.1% |
| 1975 | 7.53 % change on previous year | -11.1% |
| 1976 | 14.88 % change on previous year | +97.7% |
| 1977 | 13.14 % change on previous year | -11.7% |
| 1978 | 11.59 % change on previous year | -11.8% |
| 1979 | 8.31 % change on previous year | -28.3% |
| 1980 | -2.54 % change on previous year | -130.6% |
| 1981 | 7.14 % change on previous year | -380.9% |
| 1982 | 8.69 % change on previous year | +21.8% |
| 1983 | 13.83 % change on previous year | +59.0% |
| 1984 | 10.87 % change on previous year | -21.4% |
| 1985 | 7.65 % change on previous year | -29.6% |
| 1986 | 13.32 % change on previous year | +74.2% |
| 1987 | 13.99 % change on previous year | +5.0% |
| 1988 | 12.55 % change on previous year | -10.3% |
| 1989 | 7.2 % change on previous year | -42.6% |
| 1990 | 9.39 % change on previous year | +30.4% |
| 1991 | 11.03 % change on previous year | +17.5% |
| 1992 | 6.61 % change on previous year | -40.0% |
| 1993 | 7.41 % change on previous year | +11.9% |
| 1994 | 10.1 % change on previous year | +36.4% |
| 1995 | 10.14 % change on previous year | +0.4% |
| 1996 | 7.2 % change on previous year | -29.0% |
| 1997 | 5.75 % change on previous year | -20.2% |
| 1998 | -5.57 % change on previous year | -196.9% |
| 1999 | 11 % change on previous year | -297.4% |
| 2000 | 7.51 % change on previous year | -31.7% |
| 2001 | 3.93 % change on previous year | -47.7% |
| 2002 | 8.31 % change on previous year | +111.8% |
| 2003 | 3.01 % change on previous year | -63.8% |
| 2004 | 4.67 % change on previous year | +54.9% |
| 2005 | 3.54 % change on previous year | -24.2% |
| 2006 | 3.97 % change on previous year | +12.3% |
| 2007 | 5.62 % change on previous year | +41.4% |
| 2008 | 0.761 % change on previous year | -86.4% |
| 2009 | 2.04 % change on previous year | +168.4% |
| 2010 | 7.07 % change on previous year | +246.1% |
| 2011 | 1.84 % change on previous year | -74.0% |
| 2012 | 2.44 % change on previous year | +32.8% |
| 2013 | 4.05 % change on previous year | +65.8% |
| 2014 | 3.54 % change on previous year | -12.6% |
| 2015 | 6.24 % change on previous year | +76.1% |
| 2016 | 4.55 % change on previous year | -27.0% |
| 2017 | 3.15 % change on previous year | -30.7% |
| 2018 | 1.98 % change on previous year | -37.1% |
| 2019 | 0.2422 % change on previous year | -87.8% |
| 2020 | 0.0749 % change on previous year | -69.1% |
| 2021 | 3.54 % change on previous year | +4624.4% |
| 2022 | -0.4091 % change on previous year | -111.6% |
| 2023 | 1.7 % change on previous year | -515.2% |
| 2024 | 3.55 % change on previous year | +109.1% |
| 2025 | 1.72 % change on previous year | -51.7% |
South Korea compared with similar countries
- South Korea's 1.72 % change on previous year is below the median for high income countries, which is 2.27 % change on previous year, 75% of the median. (63 countries reporting)
- South Korea's 1.72 % change on previous year is below the median for East Asia & Pacific, which is 4.48 % change on previous year, 38% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross domestic income (constant LCU), annual growth rate in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +4624.4% | 0.0749 % change on previous year | 3.54 % change on previous year |
| 2023 | +515.2% | -0.4091 % change on previous year | 1.7 % change on previous year |
| 1981 | +380.9% | -2.54 % change on previous year | 7.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.65 % change on previous year | 3.98 % change on previous year | 14.78 % change on previous year | 9 |
| 1970s | 10.85 % change on previous year | 7.53 % change on previous year | 15.7 % change on previous year | 10 |
| 1980s | 9.27 % change on previous year | -2.54 % change on previous year | 13.99 % change on previous year | 10 |
| 1990s | 7.31 % change on previous year | -5.57 % change on previous year | 11.03 % change on previous year | 10 |
| 2000s | 4.34 % change on previous year | 0.761 % change on previous year | 8.31 % change on previous year | 10 |
| 2010s | 3.51 % change on previous year | 0.2422 % change on previous year | 7.07 % change on previous year | 10 |
| 2020s | 1.7 % change on previous year | -0.4091 % change on previous year | 3.55 % change on previous year | 6 |
Countries ranked near South Korea
- 123 Lesotho 1.92 % change on previous year compare
- 124 Malawi 1.84 % change on previous year compare
- 125 Slovenia 1.83 % change on previous year compare
- 127 Denmark 1.71 % change on previous year compare
- 128 Greece 1.52 % change on previous year compare
- 129 Estonia 1.52 % change on previous year compare
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 gross domestic income (constant lcu), annual growth rate in South Korea?
- Gross domestic income (constant lcu), annual growth rate in South Korea was 1.72 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross domestic income (constant lcu), annual growth rate recorded in South Korea?
- The highest recorded value was 15.7 % change on previous year in 1973.
- What is the lowest gross domestic income (constant lcu), annual growth rate recorded in South Korea?
- The lowest recorded value was -5.57 % change on previous year in 1998.
- How does South Korea rank for gross domestic income (constant lcu), annual growth rate?
- South Korea ranks 126th out of 178 countries with data for 2025.
- Is gross domestic income (constant lcu), annual growth rate rising or falling in South Korea?
- Over the last ten years it is down 72.5%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic income (constant LCU), 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 Gross domestic income (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic income Country official statistics, National Statistical Organizations and/or Central Banks
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 Gross domestic income (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.