South Korea GDP

GDP nominal (2023)
$1,712,790,000,000
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

1.36%

  • Nominal (current) Gross Domestic Product (GDP) of South Korea is $1,712,790,000,000 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of the Republic of Korea reached $1,764,490,000,000 in 2023.
  • GDP Growth Rate in 2023 was 1.36%, representing a change of 23,620,000,000 US$ over 2022, when Real GDP was $1,740,870,000,000.
  • GDP per Capita in the Republic of Korea (with a population of 51,748,739 people) was $34,097 in 2023, an increase of $478 from $33,619 in 2021; this represents a change of 1.4% in GDP per capita.
South Korea GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of South Korea

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $1,712,790,000,000 $1,764,490,000,000 1.36% $34,097 -0.07 % 51,748,739
2022 $1,673,920,000,000 $1,740,870,000,000 2.61% $33,619 -0.13 % 51,782,512
2021 $1,818,430,000,000 $1,696,540,000,000 4.30% $32,721 -0.02 % 51,848,397
2020 $1,644,310,000,000 $1,626,530,000,000 -0.71% $31,365 0.18 % 51,858,482
2019 $1,651,420,000,000 $1,638,150,000,000 2.24% $31,644 0.25 % 51,767,846
2018 $1,725,370,000,000 $1,602,190,000,000 2.91% $31,026 0.30 % 51,640,894
2017 $1,623,070,000,000 $1,556,930,000,000 3.16% $30,240 0.37 % 51,486,270
2016 $1,499,680,000,000 $1,509,240,000,000 2.95% $29,421 0.62 % 51,297,839
2015 $1,466,040,000,000 $1,466,040,000,000 2.81% $28,755 0.88 % 50,983,912
2014 $1,484,490,000,000 $1,425,980,000,000 3.20% $28,215 0.93 % 50,539,056
2013 $1,370,630,000,000 $1,381,730,000,000 3.16% $27,595 0.95 % 50,071,164
2012 $1,278,050,000,000 $1,339,350,000,000 2.40% $27,003 0.96 % 49,599,579
2011 $1,253,290,000,000 $1,307,920,000,000 3.69% $26,623 0.73 % 49,127,643
2010 $1,143,670,000,000 $1,261,430,000,000 6.80% $25,865 0.46 % 48,769,332
2009 $943,942,000,000 $1,181,060,000,000 0.79% $24,328 0.39 % 48,546,687
2008 $1,047,340,000,000 $1,171,770,000,000 3.01% $24,232 0.37 % 48,356,493
2007 $1,172,610,000,000 $1,137,500,000,000 5.80% $23,610 0.36 % 48,178,118
2006 $1,053,220,000,000 $1,075,150,000,000 5.26% $22,396 0.32 % 48,006,518
2005 $934,901,000,000 $1,021,380,000,000 4.31% $21,345 0.32 % 47,851,644
2004 $793,176,000,000 $979,189,000,000 5.20% $20,529 0.38 % 47,697,075
2003 $702,715,000,000 $930,811,000,000 3.15% $19,590 0.45 % 47,514,160
2002 $627,247,000,000 $902,410,000,000 7.73% $19,079 0.54 % 47,299,120
2001 $547,656,000,000 $837,696,000,000 4.85% $17,807 0.59 % 47,043,468
2000 $576,179,000,000 $798,929,000,000 9.06% $17,083 0.57 % 46,766,661
1999 $497,514,000,000 $732,554,000,000 11.47% $15,754 0.58 % 46,500,383
1998 $383,332,000,000 $657,194,000,000 -5.13% $14,215 0.63 % 46,230,878
1997 $569,755,000,000 $692,727,000,000 6.17% $15,078 0.66 % 45,941,537
1996 $610,167,000,000 $652,466,000,000 7.89% $14,296 0.60 % 45,638,700
1995 $566,581,000,000 $604,747,000,000 9.61% $13,330 0.53 % 45,368,425
1994 $463,620,000,000 $551,703,000,000 9.27% $12,225 0.54 % 45,130,840
1993 $392,666,000,000 $504,905,000,000 6.88% $11,248 0.52 % 44,887,724
Sources:

See also