Australia vs South Korea: GDP (current US$), annual growth rate
Australia
1.4 % change on previous year
in 2024
South Korea
1.66 % change on previous year
in 2024
Australia rank
181st
South Korea rank
178th
GDP (current US$), annual growth rate over time
- Australia
- South Korea
How they compare
South Korea currently reports 1.66 % change on previous year against 1.4 % change on previous year in Australia, a difference of 0.26 % change on previous year.
That makes South Korea's figure about 1.2 times Australia's.
The two have swapped places 18 times across 54 shared years of data; in 1971 it was South Korea ahead.
Australia ranks 181st and South Korea ranks 178th of 211 countries.
Across the 6 decades both report, Australia averaged higher in 2 and South Korea in 4.
Head to head by decade
| Decade | Australia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 14.46 % change on previous year | 25.62 % change on previous year | 11.16 % change on previous year | South Korea |
| 1980s | 8.92 % change on previous year | 14.56 % change on previous year | 5.65 % change on previous year | South Korea |
| 1990s | 2.85 % change on previous year | 8.85 % change on previous year | 6 % change on previous year | South Korea |
| 2000s | 9.83 % change on previous year | 7.21 % change on previous year | 2.62 % change on previous year | Australia |
| 2010s | 4.75 % change on previous year | 6.14 % change on previous year | 1.39 % change on previous year | South Korea |
| 2020s | 4.96 % change on previous year | 1.56 % change on previous year | 3.4 % change on previous year | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp (current us$), annual growth rate, Australia or South Korea?
- South Korea, at 1.66 % change on previous year against 1.4 % change on previous year in Australia as of 2024.
- What is the difference in gdp (current us$), annual growth rate between Australia and South Korea?
- 0.26 % change on previous year, with South Korea ahead.
- How many years of comparable data are there for Australia and South Korea?
- 54 years are reported by both, from 1971 to 2024.
- How do Australia and South Korea rank globally for gdp (current us$), annual growth rate?
- Australia ranks 181st and South Korea ranks 178th of 211 countries.
- Where does this data come from?
- Statizoid (derived), published as GDP (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.