South Korea Economic Growth 1960-2024

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 $20,533.06B
Japan $5,040.88B
Germany $3,974.44B
United Kingdom $2,871.34B
France $2,790.96B
Italy $2,091.93B
South Korea $1,725.37B
Canada $1,725.33B
Australia $1,429.73B
Spain $1,421.70B
Netherlands $914.04B
Saudi Arabia $846.58B
Switzerland $725.57B
Poland $588.78B
Sweden $555.46B
Belgium $543.30B
Argentina $524.82B
Austria $454.99B
Norway $439.79B
UAE $427.05B
Ireland $386.69B
Singapore $376.87B
Israel $376.69B
Hong Kong $361.73B
Denmark $356.84B
Chile $295.86B
Finland $275.71B
Czech Republic $249.00B
Portugal $242.31B
Greece $212.05B
New Zealand $211.89B
Qatar $183.33B
Hungary $160.57B
Kuwait $138.20B
Slovak Republic $106.14B
Puerto Rico $100.96B
Oman $91.51B
Luxembourg $71.00B
Panama $67.29B
Uruguay $65.20B
Croatia $61.48B
Macao $55.19B
Slovenia $54.18B
Lithuania $53.75B
Bahrain $37.80B
Latvia $34.43B
Estonia $30.62B
Iceland $26.26B
Cyprus $25.52B
Trinidad and Tobago $24.57B
Malta $15.40B
Brunei $13.57B
Bahamas $12.65B
Channel Islands $10.42B
New Caledonia $9.90B
Isle of Man $7.49B
Bermuda $7.23B
Monaco $7.18B
Liechtenstein $6.69B
French Polynesia $6.14B
Guam $6.06B
Cayman Islands $5.53B
Barbados $5.11B
Virgin Islands (U.S.) $3.92B
Aruba $3.28B
Andorra $3.22B
Faroe Islands $3.19B
Greenland $3.06B
Curacao $3.05B
Antigua and Barbuda $1.66B
San Marino $1.66B
Seychelles $1.59B
Northern Mariana Islands $1.30B
Sint Maarten (Dutch part) $1.26B
Turks and Caicos Islands $1.11B
St. Kitts and Nevis $1.08B
Palau $0.29B
St. Martin (French part) $0.00B
British Virgin Islands $0.00B
Gibraltar $0.00B
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 %