GDP at market prices (constant 2010 US$), per unit of GDP in South Korea

South Korea: GDP at market prices (constant 2010 US$), per unit of GDP was 1.02 constant 2010 US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
1.02 constant 2010 US$ per US$ of GDP
Change on year
up 0.3%
World rank
22nd
of 208 countries
All-time high
7.13 constant 2010 US$ per US$ of GDP
in 1971
All-time low
0.9274 constant 2010 US$ per US$ of GDP
in 2021
Years of data
55
1970–2024

GDP at market prices (constant 2010 US$), per unit of GDP in South Korea, 1970–2024

02468197019972024

Source: Statizoid (derived). Measured in constant 2010 US$ per US$ of GDP.

Analysis

In 2024, gdp at market prices (constant 2010 us$), per unit of gdp in South Korea stood at 1.02 constant 2010 US$ per US$ of GDP.

The figure is up 0.3% on the previous year and up 6.4% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), per unit of gdp in South Korea peaked at 7.13 constant 2010 US$ per US$ of GDP in 1971 and was at its lowest, 0.9274 constant 2010 US$ per US$ of GDP, in 2021.

South Korea ranks 22nd of 208 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP at market prices (constant 2010 US$), per unit of GDP in South Korea, year by year

Annual values for GDP at market prices (constant 2010 US$), per unit of GDP in South Korea, 1970 to 2024.
Year constant 2010 US$ per US$ of GDP Change
1970 7.1 constant 2010 US$ per US$ of GDP
1971 7.13 constant 2010 US$ per US$ of GDP +0.5%
1972 6.97 constant 2010 US$ per US$ of GDP -2.3%
1973 6.26 constant 2010 US$ per US$ of GDP -10.2%
1974 4.86 constant 2010 US$ per US$ of GDP -22.3%
1975 4.71 constant 2010 US$ per US$ of GDP -3.1%
1976 3.89 constant 2010 US$ per US$ of GDP -17.5%
1977 3.4 constant 2010 US$ per US$ of GDP -12.6%
1978 2.79 constant 2010 US$ per US$ of GDP -17.9%
1979 2.35 constant 2010 US$ per US$ of GDP -15.6%
1980 2.37 constant 2010 US$ per US$ of GDP +0.7%
1981 2.28 constant 2010 US$ per US$ of GDP -3.8%
1982 2.3 constant 2010 US$ per US$ of GDP +0.8%
1983 2.33 constant 2010 US$ per US$ of GDP +1.2%
1984 2.31 constant 2010 US$ per US$ of GDP -0.6%
1985 2.4 constant 2010 US$ per US$ of GDP +3.8%
1986 2.32 constant 2010 US$ per US$ of GDP -3.6%
1987 2.06 constant 2010 US$ per US$ of GDP -11.0%
1988 1.71 constant 2010 US$ per US$ of GDP -16.9%
1989 1.48 constant 2010 US$ per US$ of GDP -13.4%
1990 1.42 constant 2010 US$ per US$ of GDP -4.2%
1991 1.35 constant 2010 US$ per US$ of GDP -5.0%
1992 1.33 constant 2010 US$ per US$ of GDP -1.2%
1993 1.29 constant 2010 US$ per US$ of GDP -3.2%
1994 1.19 constant 2010 US$ per US$ of GDP -7.4%
1995 1.07 constant 2010 US$ per US$ of GDP -10.3%
1996 1.07 constant 2010 US$ per US$ of GDP +0.3%
1997 1.22 constant 2010 US$ per US$ of GDP +13.9%
1998 1.72 constant 2010 US$ per US$ of GDP +41.0%
1999 1.48 constant 2010 US$ per US$ of GDP -14.0%
2000 1.4 constant 2010 US$ per US$ of GDP -5.7%
2001 1.54 constant 2010 US$ per US$ of GDP +10.2%
2002 1.45 constant 2010 US$ per US$ of GDP -5.9%
2003 1.33 constant 2010 US$ per US$ of GDP -8.0%
2004 1.24 constant 2010 US$ per US$ of GDP -6.9%
2005 1.1 constant 2010 US$ per US$ of GDP -11.6%
2006 1.02 constant 2010 US$ per US$ of GDP -6.6%
2007 0.9726 constant 2010 US$ per US$ of GDP -5.1%
2008 1.12 constant 2010 US$ per US$ of GDP +15.2%
2009 1.25 constant 2010 US$ per US$ of GDP +11.9%
2010 1.11 constant 2010 US$ per US$ of GDP -11.8%
2011 1.05 constant 2010 US$ per US$ of GDP -5.4%
2012 1.05 constant 2010 US$ per US$ of GDP +0.4%
2013 1.01 constant 2010 US$ per US$ of GDP -3.9%
2014 0.961 constant 2010 US$ per US$ of GDP -4.8%
2015 1 constant 2010 US$ per US$ of GDP +4.1%
2016 1.01 constant 2010 US$ per US$ of GDP +0.6%
2017 0.9604 constant 2010 US$ per US$ of GDP -4.5%
2018 0.929 constant 2010 US$ per US$ of GDP -3.3%
2019 0.9902 constant 2010 US$ per US$ of GDP +6.6%
2020 0.9872 constant 2010 US$ per US$ of GDP -0.3%
2021 0.9274 constant 2010 US$ per US$ of GDP -6.1%
2022 1.03 constant 2010 US$ per US$ of GDP +10.9%
2023 1.02 constant 2010 US$ per US$ of GDP -0.9%
2024 1.02 constant 2010 US$ per US$ of GDP +0.3%

South Korea compared with similar countries

  • South Korea's 1.02 constant 2010 US$ per US$ of GDP is above the median for high income countries, which is 0.8229 constant 2010 US$ per US$ of GDP, 1.2× the median. (80 countries reporting)
  • South Korea's 1.02 constant 2010 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.8524 constant 2010 US$ per US$ of GDP, 1.2× the median. (35 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), per unit of GDP in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 +41.0% 1.22 constant 2010 US$ per US$ of GDP 1.72 constant 2010 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.95 constant 2010 US$ per US$ of GDP 2.35 constant 2010 US$ per US$ of GDP 7.13 constant 2010 US$ per US$ of GDP 10
1980s 2.16 constant 2010 US$ per US$ of GDP 1.48 constant 2010 US$ per US$ of GDP 2.4 constant 2010 US$ per US$ of GDP 10
1990s 1.32 constant 2010 US$ per US$ of GDP 1.07 constant 2010 US$ per US$ of GDP 1.72 constant 2010 US$ per US$ of GDP 10
2000s 1.24 constant 2010 US$ per US$ of GDP 0.9726 constant 2010 US$ per US$ of GDP 1.54 constant 2010 US$ per US$ of GDP 10
2010s 1.01 constant 2010 US$ per US$ of GDP 0.929 constant 2010 US$ per US$ of GDP 1.11 constant 2010 US$ per US$ of GDP 10
2020s 0.9968 constant 2010 US$ per US$ of GDP 0.9274 constant 2010 US$ per US$ of GDP 1.03 constant 2010 US$ per US$ of GDP 5

Countries ranked near South Korea

  1. 19 Malawi 1.06 constant 2010 US$ per US$ of GDP compare
  2. 20 Suriname 1.05 constant 2010 US$ per US$ of GDP compare
  3. 21 Paraguay 1.03 constant 2010 US$ per US$ of GDP compare
  4. 23 Rwanda 1.01 constant 2010 US$ per US$ of GDP compare
  5. 24 Solomon Islands 1 constant 2010 US$ per US$ of GDP compare
  6. 25 South Sudan 1 constant 2010 US$ per US$ of GDP compare

See the full ranking of 208 places →

More population data for South Korea

All data for South Korea →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), per unit of gdp in South Korea?
Gdp at market prices (constant 2010 us$), per unit of gdp in South Korea was 1.02 constant 2010 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), per unit of gdp recorded in South Korea?
The highest recorded value was 7.13 constant 2010 US$ per US$ of GDP in 1971.
What is the lowest gdp at market prices (constant 2010 us$), per unit of gdp recorded in South Korea?
The lowest recorded value was 0.9274 constant 2010 US$ per US$ of GDP in 2021.
How does South Korea rank for gdp at market prices (constant 2010 us$), per unit of gdp?
South Korea ranks 22nd out of 208 countries with data for 2024.
Is gdp at market prices (constant 2010 us$), per unit of gdp rising or falling in South Korea?
Over the last ten years it is up 6.4%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), per unit of GDP in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-per-unit-of-gdp/korea-rep/

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How this figure is calculated

GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GDP at market prices (constant 2010 US$) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP at market prices (constant 2010 US$), per unit of GDP
Unit
constant 2010 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,036 data points, 1970–2024
Last refreshed

GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.