South Korea Economic Growth 1960-2022

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • South Korea economic growth for 2018 was $2,126.32B, a 1.21% increase from 2018.
  • South Korea economic growth for 2018 was $2,100.90B, a 0.97% increase from 2018.
  • South Korea economic growth for 2018 was $2,080.78B, a 1.32% increase from 2018.
  • South Korea economic growth for 2018 was $2,053.68B, a 1.4% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $20,611.86B
Japan $4,954.81B
Germany $3,963.77B
United Kingdom $2,857.51B
France $2,787.86B
Italy $2,092.14B
South Korea $1,724.85B
Canada $1,721.82B
Australia $1,432.88B
Spain $1,422.15B
Netherlands $914.04B
Saudi Arabia $786.52B
Switzerland $735.89B
Poland $587.41B
Sweden $555.46B
Belgium $543.68B
Argentina $517.63B
Austria $455.09B
Norway $437.00B
UAE $422.22B
Ireland $386.16B
Singapore $375.98B
Israel $370.46B
Hong Kong $361.69B
Denmark $356.88B
Chile $297.57B
Finland $275.98B
Czech Republic $248.95B
Portugal $242.31B
Greece $212.25B
New Zealand $208.87B
Qatar $183.33B
Hungary $160.43B
Kuwait $138.18B
Slovak Republic $105.53B
Puerto Rico $100.93B
Oman $79.79B
Luxembourg $70.92B
Panama $64.93B
Uruguay $64.52B
Croatia $61.38B
Macao $55.30B
Slovenia $54.16B
Lithuania $53.72B
Bahrain $37.65B
Latvia $34.42B
Estonia $30.63B
Iceland $26.22B
Cyprus $25.31B
Trinidad and Tobago $23.68B
Malta $14.86B
Brunei $13.57B
Bahamas $13.02B
Isle of Man $7.49B
Bermuda $7.22B
Monaco $7.19B
Liechtenstein $6.84B
Guam $6.05B
Cayman Islands $5.52B
Barbados $5.09B
Virgin Islands (U.S.) $3.98B
Andorra $3.22B
Aruba $3.20B
Curacao $3.13B
Greenland $3.05B
Faroe Islands $3.05B
San Marino $1.66B
Antigua and Barbuda $1.61B
Seychelles $1.59B
Northern Mariana Islands $1.30B
Sint Maarten (Dutch part) $1.19B
Turks and Caicos Islands $1.11B
St. Kitts and Nevis $1.01B
Palau $0.28B
South Korea Economic Growth - Historical Data
Date GDP Per Capita Growth Rate
2018-12-01 $2,126.32B $41,274 3.85%
2018-09-01 $2,100.90B $40,768 2.25%
2018-06-01 $2,080.78B $40,373 2.38%
2018-03-01 $2,053.68B $40,009 4.01%
2017-12-01 $2,025.28B $39,320 -0.85%
2017-09-01 $2,021.29B $39,221 5.58%
2017-06-01 $1,982.23B $38,490 2.53%
2017-03-01 $1,963.73B $38,323 3.90%
2016-12-01 $1,932.55B $37,628 2.84%
2016-09-01 $1,909.43B $37,181 1.60%
2016-06-01 $1,897.80B $37,015 3.23%
2016-03-01 $1,874.10B $36,747 2.53%
2015-12-01 $1,864.01B $36,452 3.04%
2015-09-01 $1,847.24B $36,134 4.98%
2015-06-01 $1,809.09B $35,444 1.48%
2015-03-01 $1,778.06B $35,028 3.31%
2014-12-01 $1,739.12B $34,194 1.91%
2014-09-01 $1,713.78B $33,696 2.66%
2014-06-01 $1,690.13B $33,283 2.42%
2014-03-01 $1,675.47B $33,186 4.02%
2013-12-01 $1,661.87B $32,863 3.78%
2013-09-01 $1,649.13B $32,629 3.31%
2013-06-01 $1,639.01B $32,467 4.31%
2013-03-01 $1,628.87B $32,498 2.37%
2012-12-01 $1,625.30B $32,331 2.66%
2012-09-01 $1,615.36B $32,115 1.32%
2012-06-01 $1,608.23B $31,983 2.33%
2012-03-01 $1,596.24B $31,960 2.17%
2011-12-01 $1,577.85B $31,510 2.37%
2011-09-01 $1,566.77B $31,310 2.89%
2011-06-01 $1,551.31B $31,017 2.50%
2011-03-01 $1,541.45B $31,066 3.89%
2010-12-01 $1,532.32B $30,838 4.06%
2010-09-01 $1,516.95B $30,549 3.96%
2010-06-01 $1,501.53B $30,262 6.95%
2010-03-01 $1,467.56B $29,796 8.84%
2009-12-01 $1,426.15B $28,866 1.71%
2009-09-01 $1,415.35B $28,646 11.37%
2009-06-01 $1,378.14B $27,921 5.83%
2009-03-01 $1,366.32B $27,851 0.38%
2008-12-01 $1,376.22B $27,974 -13.34%
2008-09-01 $1,428.69B $29,067 3.41%
2008-06-01 $1,414.24B $28,802 1.99%
2008-03-01 $1,404.11B $28,790 1.88%
2007-12-01 $1,395.29B $28,575 7.69%
2007-09-01 $1,365.00B $27,998 4.42%
2007-06-01 $1,343.78B $27,583 6.46%
2007-03-01 $1,313.71B $27,122 6.65%
2006-12-01 $1,278.42B $26,336 2.59%
2006-09-01 $1,265.30B $26,084 6.57%
2006-06-01 $1,237.02B $25,510 2.22%
2006-03-01 $1,222.32B $25,355 7.25%
2005-12-01 $1,195.97B $24,771 3.97%
2005-09-01 $1,178.50B $24,434 5.37%
2005-06-01 $1,156.57B $23,978 7.40%
2005-03-01 $1,132.74B $23,603 3.16%
2004-12-01 $1,120.51B $23,276 2.34%
2004-09-01 $1,108.92B $23,047 1.25%
2004-06-01 $1,099.50B $22,841 2.75%
2004-03-01 $1,082.49B $22,580 5.11%
2003-12-01 $1,058.35B $22,047 10.28%
2003-09-01 $1,025.33B $21,373 6.47%
2003-06-01 $1,005.50B $20,979 0.07%
2003-03-01 $1,005.92B $21,104 -2.74%
2002-12-01 $1,013.80B $21,222 3.61%
2002-09-01 $1,003.11B $21,018 7.75%
2002-06-01 $982.21B $20,598 8.03%
2002-03-01 $960.19B $20,259 9.24%
2001-12-01 $934.13B $19,657 5.73%
2001-09-01 $917.66B $19,321 6.09%
2001-06-01 $900.00B $18,972 6.20%
2001-03-01 $880.81B $18,731 3.80%
2000-12-01 $867.15B $18,381 -2.99%
2000-09-01 $869.23B $18,444 11.48%
2000-06-01 $840.42B $17,873 5.84%
2000-03-01 $823.67B $17,635 6.80%
1999-12-01 $804.65B $17,173 11.96%
1999-09-01 $777.34B $16,628 10.41%
1999-06-01 $754.89B $16,192 18.07%
1999-03-01 $719.87B $15,567 12.17%
1998-12-01 $695.92B $14,983 9.36%
1998-09-01 $678.26B $14,620 6.07%
1998-06-01 $665.33B $14,366 -2.59%
1998-03-01 $668.32B $14,531 -28.09%
1997-12-01 $717.42B $15,527 -2.25%
1997-09-01 $718.76B $15,598 3.12%
1997-06-01 $709.98B $15,457 13.80%
1997-03-01 $684.95B $15,022 2.37%
1996-12-01 $677.03B $14,808 5.83%
1996-09-01 $663.84B $14,537 6.74%
1996-06-01 $650.69B $14,288 7.30%
1996-03-01 $636.38B $14,087 8.27%
1995-12-01 $620.37B $13,708 7.10%
1995-09-01 $606.76B $13,424 7.27%
1995-06-01 $592.90B $13,145 8.15%
1995-03-01 $578.16B $12,902 8.85%
1994-12-01 $562.57B 16.31%
1994-09-01 $537.68B 5.42%
1994-06-01 $527.42B 7.10%
1994-03-01 $515.74B 11.41%
1993-12-01 $499.01B 8.20%
1993-09-01 $486.40B 6.55%
1993-06-01 $475.81B 10.71%
1993-03-01 $460.67B 7.94%
1992-12-01 $449.25B 6.29%
1992-09-01 $439.32B -0.01%
1992-06-01 $437.17B 2.64%
1992-03-01 $431.58B 7.73%
1991-12-01 $421.81B 9.34%
1991-09-01 $409.65B 9.16%
1991-06-01 $397.34B 5.74%
1991-03-01 $388.78B 14.51%
1990-12-01 $371.54B 6.37%
1990-09-01 $363.05B 15.55%
1990-06-01 $346.54B 7.01%
1990-03-01 $336.83B 4.84%
1989-12-01 $329.26B 13.95%
1989-09-01 $315.88B 13.43%
1989-06-01 $303.50B 5.43%
1989-03-01 $296.32B -0.27%
1988-12-01 $293.48B 10.22%
1988-09-01 $283.68B 15.87%
1988-06-01 $269.65B -8.17%
1988-03-01 $272.55B 28.64%
1987-12-01 $252.38B 7.42%
1987-09-01 $245.75B 5.56%
1987-06-01 $240.54B 20.58%
1987-03-01 $227.24B 10.41%
1986-12-01 $220.15B 5.51%
1986-09-01 $215.99B 18.68%
1986-06-01 $205.52B 16.13%
1986-03-01 $196.86B 5.94%
1985-12-01 $192.95B 11.92%
1985-09-01 $186.35B 6.01%
1985-06-01 $182.42B 9.37%
1985-03-01 $177.08B 10.19%
1984-12-01 $171.06B 2.11%
1984-09-01 $168.92B 6.26%
1984-06-01 $164.81B 8.83%
1984-03-01 $159.90B 17.65%
1983-12-01 $151.65B 2.88%
1983-09-01 $149.44B 15.50%
1983-06-01 $142.36B 10.69%
1983-03-01 $137.66B 18.05%
1982-12-01 $130.69B 12.86%
1982-09-01 $125.30B 8.71%
1982-06-01 $120.91B 8.23%
1982-03-01 $116.91B 3.26%
1981-12-01 $114.37B 6.45%
1981-09-01 $110.60B 16.28%
1981-06-01 $104.32B 8.92%
1981-03-01 $100.03B 16.40%
1980-12-01 $93.68B -10.44%
1980-09-01 $93.72B 7.73%
1980-06-01 $89.97B -2.37%
1980-03-01 $88.44B 3.26%
1979-12-01 $85.99B -6.17%
1979-09-01 $85.76B -10.66%
1979-06-01 $86.17B 2.38%
1979-03-01 $83.57B 18.71%
1978-12-01 $78.34B 19.02%
1978-09-01 $73.24B 6.50%
1978-06-01 $70.81B 12.15%
1978-03-01 $67.44B -3.16%
1977-12-01 $67.01B 15.08%
1977-09-01 $63.23B 24.16%
1977-06-01 $58.94B 19.67%
1977-03-01 $55.42B 4.57%
1976-12-01 $53.92B 3.82%
1976-09-01 $52.47B 8.52%
1976-06-01 $50.73B 18.16%
1976-03-01 $48.04B 12.07%
1975-12-01 $46.12B 12.68%
1975-09-01 $43.96B 11.49%
1975-06-01 $42.02B 16.27%
1975-03-01 $39.78B 7.30%
1974-12-01 $38.21B -0.35%
1974-09-01 $37.11B 6.51%
1974-06-01 $35.49B -3.68%
1974-03-01 $35.01B 17.76%
1973-12-01 $32.86B 7.01%
1973-09-01 $31.67B 20.38%
1973-06-01 $29.56B 14.61%
1973-03-01 $28.10B 14.03%
1972-12-01 $26.84B 17.73%
1972-09-01 $25.39B 6.82%
1972-06-01 $24.73B 10.34%
1972-03-01 $23.96B 6.30%
1971-12-01 $23.25B 3.27%
1971-09-01 $22.87B 0.97%
1971-06-01 $22.59B 11.87%
1971-03-01 $21.65B 2.78%
1970-12-01 $21.17B 31.02%
1970-09-01 $19.39B 1.65%
1970-06-01 $19.13B 16.46%
1970-03-01 $18.14B -7.21%
1969-12-01 $18.21B 9.49%
1969-09-01 $17.57B 30.22%
1969-06-01 $16.12B 14.68%
1969-03-01 $15.36B 19.12%
1968-12-01 $14.53B -4.35%
1968-09-01 $14.50B 18.33%
1968-06-01 $13.74B 7.18%
1968-03-01 $13.35B 22.98%
1967-12-01 $12.47B 5.67%
1967-09-01 $12.16B 14.87%
1967-06-01 $11.61B 10.23%
1967-03-01 $11.26B 10.66%
1966-12-01 $10.92B 7.38%
1966-09-01 $10.64B -7.62%
1966-06-01 $10.75B 26.50%
1966-03-01 $10.00B 21.94%
1965-12-01 $9.42B 10.52%
1965-09-01 $9.12B -3.73%
1965-06-01 $9.17B 2.66%
1965-03-01 $9.06B 2.56%
1964-12-01 $8.95B 16.96%
1964-09-01 $8.55B 26.71%
1964-06-01 $7.98B -10.27%
1964-03-01 $8.16B 21.83%
1963-12-01 $7.72B 0.79%
1963-09-01 $7.65B 14.00%
1963-06-01 $7.38B -8.43%
1963-03-01 $7.53B 21.60%
1962-12-01 $7.11B 12.61%
1962-09-01 $6.88B 12.60%
1962-06-01 $6.66B -7.95%
1962-03-01 $6.79B 6.41%
1961-12-01 $6.64B 6.45%
1961-09-01 $6.52B -6.47%
1961-06-01 $6.61B 15.62%
1961-03-01 $6.35B 12.14%
1960-12-01 $6.14B 2.92%
1960-09-01 $6.08B -3.10%
1960-06-01 $6.10B 17.24%
1960-03-01 $5.83B %