Real gdp growth, annual growth rate in Korea

Korea: Real gdp growth, annual growth rate was -49.75 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-49.75 % change on previous year
Change on year
down 287.1%
World rank
176th
of 196 countries
All-time high
759 % change on previous year
in 2021
All-time low
-178.62 % change on previous year
in 1998
Years of data
45
1981–2025

Real gdp growth, annual growth rate in Korea, 1981–2025

-20002004006008001981200320251981: 585.8 % change on previous year1982: 14.4 % change on previous year1983: 59 % change on previous year1984: -21 % change on previous year1985: -25.4 % change on previous year1986: 44.9 % change on previous year1987: 12.1 % change on previous year1988: -5.9 % change on previous year1989: -40.9 % change on previous year1990: 39.9 % change on previous year1991: 8.5 % change on previous year1992: -41.6 % change on previous year1993: 10.1 % change on previous year1994: 34 % change on previous year1995: 3.9 % change on previous year1996: -17.9 % change on previous year1997: -21.4 % change on previous year1998: -178.6 % change on previous year1999: 335.2 % change on previous year2000: -20.8 % change on previous year2001: -48.6 % change on previous year2002: 63.9 % change on previous year2003: -60.3 % change on previous year2004: 68.6 % change on previous year2005: -15.9 % change on previous year2006: 20.4 % change on previous year2007: 11.4 % change on previous year2008: -48.6 % change on previous year2009: -72.7 % change on previous year2010: 751.5 % change on previous year2011: -47.2 % change on previous year2012: -30.9 % change on previous year2013: 29.2 % change on previous year2014: -2.3 % change on previous year2015: -9.2 % change on previous year2016: 8.6 % change on previous year2017: 8.2 % change on previous year2018: -7.5 % change on previous year2019: -27.1 % change on previous year2020: -130.3 % change on previous year2021: 759 % change on previous year2022: -40.9 % change on previous year2023: -42 % change on previous year2024: 26.6 % change on previous year2025: -49.8 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for real gdp growth, annual growth rate in Korea is -49.75 % change on previous year, measured in 2025.

The figure is down 287.1% on the previous year and down 442.2% over ten years.

Over the whole period, real gdp growth, annual growth rate in Korea peaked at 759 % change on previous year in 2021 and was at its lowest, -178.62 % change on previous year, in 1998.

Korea ranks 176th of 196 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Real gdp growth, annual growth rate in Korea, year by year

Annual values for Real gdp growth, annual growth rate in Korea, 1981 to 2025.
Year % change on previous year Change
1981 585.83 % change on previous year —
1982 14.37 % change on previous year -97.5%
1983 59.03 % change on previous year +310.8%
1984 -21.01 % change on previous year -135.6%
1985 -25.36 % change on previous year +20.7%
1986 44.89 % change on previous year -277.0%
1987 12.08 % change on previous year -73.1%
1988 -5.89 % change on previous year -148.8%
1989 -40.95 % change on previous year +595.5%
1990 39.92 % change on previous year -197.5%
1991 8.48 % change on previous year -78.8%
1992 -41.59 % change on previous year -590.5%
1993 10.12 % change on previous year -124.3%
1994 33.98 % change on previous year +235.7%
1995 3.88 % change on previous year -88.6%
1996 -17.93 % change on previous year -561.7%
1997 -21.38 % change on previous year +19.2%
1998 -178.62 % change on previous year +735.6%
1999 335.21 % change on previous year -287.7%
2000 -20.79 % change on previous year -106.2%
2001 -48.64 % change on previous year +134.0%
2002 63.86 % change on previous year -231.3%
2003 -60.29 % change on previous year -194.4%
2004 68.59 % change on previous year -213.8%
2005 -15.93 % change on previous year -123.2%
2006 20.35 % change on previous year -227.7%
2007 11.38 % change on previous year -44.1%
2008 -48.58 % change on previous year -526.8%
2009 -72.7 % change on previous year +49.7%
2010 751.46 % change on previous year -1133.6%
2011 -47.18 % change on previous year -106.3%
2012 -30.91 % change on previous year -34.5%
2013 29.16 % change on previous year -194.3%
2014 -2.31 % change on previous year -107.9%
2015 -9.18 % change on previous year +297.3%
2016 8.63 % change on previous year -194.1%
2017 8.23 % change on previous year -4.7%
2018 -7.49 % change on previous year -191.0%
2019 -27.14 % change on previous year +262.6%
2020 -130.25 % change on previous year +379.9%
2021 759 % change on previous year -682.7%
2022 -40.86 % change on previous year -105.4%
2023 -41.97 % change on previous year +2.7%
2024 26.6 % change on previous year -163.4%
2025 -49.75 % change on previous year -287.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 69.22 % change on previous year -40.95 % change on previous year 585.83 % change on previous year 9
1990s 17.21 % change on previous year -178.62 % change on previous year 335.21 % change on previous year 10
2000s -10.28 % change on previous year -72.7 % change on previous year 68.59 % change on previous year 10
2010s 67.33 % change on previous year -47.18 % change on previous year 751.46 % change on previous year 10
2020s 87.13 % change on previous year -130.25 % change on previous year 759 % change on previous year 6

Countries ranked near Korea

  1. 173 Ukraine -41.32 % change on previous year compare
  2. 174 Syrian Arab Republic -41.81 % change on previous year compare
  3. 175 Serbia, Republic of -48.61 % change on previous year compare
  4. 177 Guyana -55.89 % change on previous year compare
  5. 178 Mexico -56.52 % change on previous year compare
  6. 179 Dominican Republic -57.27 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Korea

All data for Korea →

Frequently asked questions

What is real gdp growth, annual growth rate in Korea?
Real gdp growth, annual growth rate in Korea was -49.75 % change on previous year in 2025, according to Statizoid (derived).
What is the highest real gdp growth, annual growth rate recorded in Korea?
The highest recorded value was 759 % change on previous year in 2021.
What is the lowest real gdp growth, annual growth rate recorded in Korea?
The lowest recorded value was -178.62 % change on previous year in 1998.
How does Korea rank for real gdp growth, annual growth rate?
Korea ranks 176th out of 196 countries with data for 2025.
Is real gdp growth, annual growth rate rising or falling in Korea?
Over the last ten years it is down 442.2%. The long-run trend across the full record is volatile.
Where does this Korea data come from?
The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.

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Real gdp growth, annual growth rate in Korea. Statizoid, drawing on Statizoid (derived). Retrieved 28 October 2026, from https://economy.statizoid.com/stat/real-gdp-growth-annual-growth-rate/korea-rep/

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How this figure is calculated

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Real gdp growth, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,619 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.