Australia vs South Korea: GDP at market prices (constant 2010 US$)
Australia
1.67 trillion constant 2010 US$
in 2024
South Korea
1.92 trillion constant 2010 US$
in 2024
Australia rank
12th
South Korea rank
10th
GDP at market prices (constant 2010 US$) over time
- Australia
- South Korea
How they compare
South Korea currently reports 1.92 trillion constant 2010 US$ against 1.67 trillion constant 2010 US$ in Australia, a difference of 252.04 billion constant 2010 US$.
That makes South Korea's figure about 1.2 times Australia's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was Australia ahead.
Australia ranks 12th and South Korea ranks 10th of 208 countries.
Across the 6 decades both report, Australia averaged higher in 3 and South Korea in 3.
Head to head by decade
| Decade | Australia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 387.83 billion constant 2010 US$ | 106.00 billion constant 2010 US$ | 281.83 billion constant 2010 US$ | Australia |
| 1980s | 516.78 billion constant 2010 US$ | 251.98 billion constant 2010 US$ | 264.80 billion constant 2010 US$ | Australia |
| 1990s | 706.89 billion constant 2010 US$ | 593.50 billion constant 2010 US$ | 113.39 billion constant 2010 US$ | Australia |
| 2000s | 1.01 trillion constant 2010 US$ | 1.05 trillion constant 2010 US$ | 37.57 billion constant 2010 US$ | South Korea |
| 2010s | 1.34 trillion constant 2010 US$ | 1.52 trillion constant 2010 US$ | 186.22 billion constant 2010 US$ | South Korea |
| 2020s | 1.58 trillion constant 2010 US$ | 1.83 trillion constant 2010 US$ | 252.50 billion constant 2010 US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp at market prices, Australia or South Korea?
- South Korea, at 1.92 trillion constant 2010 US$ against 1.67 trillion constant 2010 US$ in Australia as of 2024.
- What is the difference in gdp at market prices between Australia and South Korea?
- 252.04 billion constant 2010 US$, with South Korea ahead.
- How many years of comparable data are there for Australia and South Korea?
- 55 years are reported by both, from 1970 to 2024.
- How do Australia and South Korea rank globally for gdp at market prices?
- Australia ranks 12th and South Korea ranks 10th of 208 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as GDP at market prices (constant 2010 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release