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 $20,527.16B
Japan $5,037.84B
Germany $3,977.29B
United Kingdom $2,900.79B
France $2,790.96B
Italy $2,091.93B
Canada $1,725.33B
South Korea $1,724.85B
Australia $1,428.53B
Spain $1,420.99B
Netherlands $914.04B
Saudi Arabia $816.58B
Switzerland $735.54B
Poland $587.41B
Sweden $555.46B
Belgium $543.35B
Argentina $524.82B
Austria $455.17B
Norway $437.00B
UAE $422.22B
Ireland $385.04B
Singapore $377.00B
Israel $373.64B
Hong Kong $361.73B
Denmark $356.84B
Chile $295.40B
Finland $275.72B
Czech Republic $248.95B
Portugal $242.31B
Greece $212.05B
New Zealand $211.95B
Qatar $183.33B
Hungary $160.59B
Kuwait $138.18B
Slovak Republic $105.61B
Puerto Rico $100.93B
Oman $91.51B
Luxembourg $71.29B
Panama $64.93B
Uruguay $64.52B
Croatia $62.25B
Macao $55.28B
Slovenia $54.16B
Lithuania $53.75B
Bahrain $37.80B
Latvia $34.43B
Estonia $30.49B
Iceland $26.27B
Cyprus $25.52B
Trinidad and Tobago $23.82B
Malta $15.30B
Brunei $13.57B
Bahamas $12.76B
New Caledonia $9.85B
Isle of Man $7.49B
Bermuda $7.23B
Monaco $7.19B
Liechtenstein $6.69B
French Polynesia $6.14B
Guam $6.06B
Cayman Islands $5.53B
Barbados $5.10B
Virgin Islands (U.S.) $3.92B
Andorra $3.22B
Aruba $3.20B
Faroe Islands $3.18B
Greenland $3.06B
Curacao $3.02B
San Marino $1.66B
Seychelles $1.64B
Antigua and Barbuda $1.61B
Northern Mariana Islands $1.30B
Sint Maarten (Dutch part) $1.19B
Turks and Caicos Islands $1.11B
St. Kitts and Nevis $1.08B
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 %