Gross domestic product (GDP), Current prices, Domestic currency in Republic of Korea
Republic of Korea: Gross domestic product (GDP), Current prices, Domestic currency was 1.92 million in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Republic of Korea, 1960–2019
Source: International Monetary Fund.
Analysis
Republic of Korea recorded 1.92 million for gross domestic product (gdp), current prices, domestic currency in 2019. That is the highest value across all 60 years on record.
The figure is up 1.1% on the previous year and up 59.2% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Republic of Korea peaked at 1.92 million in 2019 and was at its lowest, 249.86, in 1960.
That places Republic of Korea 5th out of 194 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 249.86 | — |
| 1961 | 301.7 | +20.7% |
| 1962 | 365.87 | +21.3% |
| 1963 | 518.54 | +41.7% |
| 1964 | 739.68 | +42.6% |
| 1965 | 831.39 | +12.4% |
| 1966 | 1,066 | +28.2% |
| 1967 | 1,314 | +23.2% |
| 1968 | 1,693 | +28.9% |
| 1969 | 2,213 | +30.7% |
| 1970 | 2,797 | +26.4% |
| 1971 | 3,438 | +22.9% |
| 1972 | 4,268 | +24.1% |
| 1973 | 5,527 | +29.5% |
| 1974 | 7,905 | +43.0% |
| 1975 | 10,544 | +33.4% |
| 1976 | 14,473 | +37.3% |
| 1977 | 18,608 | +28.6% |
| 1978 | 25,154 | +35.2% |
| 1979 | 32,402 | +28.8% |
| 1980 | 39,725 | +22.6% |
| 1981 | 49,670 | +25.0% |
| 1982 | 57,286 | +15.3% |
| 1983 | 68,080 | +18.8% |
| 1984 | 78,591 | +15.4% |
| 1985 | 88,130 | +12.1% |
| 1986 | 102,986 | +16.9% |
| 1987 | 121,698 | +18.2% |
| 1988 | 145,995 | +20.0% |
| 1989 | 165,802 | +13.6% |
| 1990 | 200,556 | +21.0% |
| 1991 | 242,481 | +20.9% |
| 1992 | 277,541 | +14.5% |
| 1993 | 315,181 | +13.6% |
| 1994 | 372,493 | +18.2% |
| 1995 | 436,989 | +17.3% |
| 1996 | 490,851 | +12.3% |
| 1997 | 542,002 | +10.4% |
| 1998 | 537,215 | -0.9% |
| 1999 | 591,453 | +10.1% |
| 2000 | 651,634 | +10.2% |
| 2001 | 707,021 | +8.5% |
| 2002 | 784,741 | +11.0% |
| 2003 | 837,365 | +6.7% |
| 2004 | 908,439 | +8.5% |
| 2005 | 957,448 | +5.4% |
| 2006 | 1.01 million | +5.0% |
| 2007 | 1.09 million | +8.4% |
| 2008 | 1.15 million | +5.9% |
| 2009 | 1.21 million | +4.4% |
| 2010 | 1.32 million | +9.7% |
| 2011 | 1.39 million | +5.0% |
| 2012 | 1.44 million | +3.7% |
| 2013 | 1.50 million | +4.2% |
| 2014 | 1.56 million | +4.1% |
| 2015 | 1.66 million | +6.1% |
| 2016 | 1.74 million | +5.0% |
| 2017 | 1.84 million | +5.5% |
| 2018 | 1.90 million | +3.4% |
| 2019 | 1.92 million | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 929.23 | 249.86 | 2,213 | 10 |
| 1970s | 12,512 | 2,797 | 32,402 | 10 |
| 1980s | 91,796 | 39,725 | 165,802 | 10 |
| 1990s | 400,676 | 200,556 | 591,453 | 10 |
| 2000s | 930,148 | 651,634 | 1.21 million | 10 |
| 2010s | 1.63 million | 1.32 million | 1.92 million | 10 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Final consumption expenditure (constant 2015 US$), per capita 24,301 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate -1.35 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.948 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 34,344 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.92 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1,348 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 48.85 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.6957 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9523 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 34,500 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Republic of Korea?
- Gross domestic product (gdp), current prices, domestic currency in Republic of Korea was 1.92 million in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Republic of Korea?
- The highest recorded value was 1.92 million in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Republic of Korea?
- The lowest recorded value was 249.86 in 1960.
- How does Republic of Korea rank for gross domestic product (gdp), current prices, domestic currency?
- Republic of Korea ranks 5th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Republic of Korea?
- Over the last ten years it is up 59.2%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.