GDP in South Korea
South Korea: GDP was 2,292.20 trillion constant LCU in 2024. β Volatile
GDP in South Korea, 1970β2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
In 2024, gdp in South Korea stood at 2,292.20 trillion constant LCU. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 28.2% over ten years.
Over the whole period, gdp in South Korea peaked at 2,292.20 trillion constant LCU in 2024 and was at its lowest, 77.13 trillion constant LCU, in 1970.
That places South Korea 4th out of 209 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 126.72 trillion constant LCU | 77.13 trillion constant LCU | 191.61 trillion constant LCU | 10 |
| 1980s | 301.25 trillion constant LCU | 188.69 trillion constant LCU | 450.57 trillion constant LCU | 10 |
| 1990s | 709.55 trillion constant LCU | 495.74 trillion constant LCU | 914.17 trillion constant LCU | 10 |
| 2000s | 1,252.46 trillion constant LCU | 998.29 trillion constant LCU | 1,474.32 trillion constant LCU | 10 |
| 2010s | 1,821.16 trillion constant LCU | 1,577.25 trillion constant LCU | 2,072.98 trillion constant LCU | 10 |
| 2020s | 2,192.69 trillion constant LCU | 2,058.47 trillion constant LCU | 2,292.20 trillion constant LCU | 5 |
Countries ranked near South Korea
More population data for South Korea
- Population growth rate by level of development -1.45 (2100)
- Projected population under age 5 599,530 (2100)
- Population density 223.86 (2100)
- Population growth rate -1.45 (2100)
- Fertility and wanted fertility 0.748 (2024)
- Refugee population by country or territory of asylum 4,241 (2024)
- Fertility vs unmet contraception 0.748 (2024)
- Fertility vs contraception 0.748 (2024)
- Natural population growth -0.2109 (2023)
- Fertility rate with projections 0.72 (2023)
Frequently asked questions
- What is gdp in South Korea?
- Gdp in South Korea was 2,292.20 trillion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in South Korea?
- The highest recorded value was 2,292.20 trillion constant LCU in 2024.
- What is the lowest gdp recorded in South Korea?
- The lowest recorded value was 77.13 trillion constant LCU in 1970.
- How does South Korea rank for gdp?
- South Korea ranks 4th out of 209 countries with data for 2024.
- Is gdp rising or falling in South Korea?
- Over the last ten years it is up 28.2%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release