Gross domestic product (GDP), Current prices, Domestic currency in South Korea
South Korea: Gross domestic product (GDP), Current prices, Domestic currency was 1.92 million in 2019. ◆ Volatile
Latest (2019)
1.92 million
Change on year
up 1.1%
World rank
5th
of 194 countries
All-time high
1.92 million
in 2019
All-time low
249.86
in 1960
Years of data
60
1960–2019
Gross domestic product (GDP), Current prices, Domestic currency in South Korea, 1960–2019
Source: International Monetary Fund.
Analysis
South 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 South Korea peaked at 1.92 million in 2019 and was at its lowest, 249.86, in 1960.
That places South 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 South 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% |
South Korea compared with similar countries
- South Korea's 1.92 million is above the median for high income countries, which is 434.67, 4414.9× the median. (65 countries reporting)
- South Korea's 1.92 million is above the median for East Asia & Pacific, which is 434.67, 4414.9× the median. (31 countries reporting)
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 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), current prices, domestic currency in South Korea?
- Gross domestic product (gdp), current prices, domestic currency in South 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 South 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 South Korea?
- The lowest recorded value was 249.86 in 1960.
- How does South Korea rank for gross domestic product (gdp), current prices, domestic currency?
- South Korea ranks 5th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in South Korea?
- Over the last ten years it is up 59.2%. The long-run trend across the full record is volatile.
- Where does this South 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.