GDP (constant LCU) (UNESCO Institute) in South Korea
South Korea: GDP (constant LCU) (UNESCO Institute) was 2,292.20 trillion constant LCU in 2024. ◆ Volatile
Latest (2024)
2,292.20 trillion constant LCU
Change on year
up 2.0%
World rank
4th
of 212 countries
All-time high
2,292.20 trillion constant LCU
in 2024
All-time low
77.13 trillion constant LCU
in 1970
Years of data
55
1970–2024
GDP in South Korea, 1970–2024
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 212 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.
GDP (constant LCU) (UNESCO Institute) in South Korea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 77.13 trillion constant LCU | — |
| 1971 | 85.35 trillion constant LCU | +10.7% |
| 1972 | 91.61 trillion constant LCU | +7.3% |
| 1973 | 105.33 trillion constant LCU | +15.0% |
| 1974 | 115.49 trillion constant LCU | +9.6% |
| 1975 | 124.65 trillion constant LCU | +7.9% |
| 1976 | 141.18 trillion constant LCU | +13.3% |
| 1977 | 158.66 trillion constant LCU | +12.4% |
| 1978 | 176.22 trillion constant LCU | +11.1% |
| 1979 | 191.61 trillion constant LCU | +8.7% |
| 1980 | 188.69 trillion constant LCU | -1.5% |
| 1981 | 202.66 trillion constant LCU | +7.4% |
| 1982 | 219.83 trillion constant LCU | +8.5% |
| 1983 | 249.43 trillion constant LCU | +13.5% |
| 1984 | 275.96 trillion constant LCU | +10.6% |
| 1985 | 297.87 trillion constant LCU | +7.9% |
| 1986 | 332.13 trillion constant LCU | +11.5% |
| 1987 | 374.95 trillion constant LCU | +12.9% |
| 1988 | 420.44 trillion constant LCU | +12.1% |
| 1989 | 450.57 trillion constant LCU | +7.2% |
| 1990 | 495.74 trillion constant LCU | +10.0% |
| 1991 | 549.65 trillion constant LCU | +10.9% |
| 1992 | 584.56 trillion constant LCU | +6.4% |
| 1993 | 625.45 trillion constant LCU | +7.0% |
| 1994 | 684.07 trillion constant LCU | +9.4% |
| 1995 | 750.67 trillion constant LCU | +9.7% |
| 1996 | 810.65 trillion constant LCU | +8.0% |
| 1997 | 861.57 trillion constant LCU | +6.3% |
| 1998 | 819.02 trillion constant LCU | -4.9% |
| 1999 | 914.17 trillion constant LCU | +11.6% |
| 2000 | 998.29 trillion constant LCU | +9.2% |
| 2001 | 1,045.47 trillion constant LCU | +4.7% |
| 2002 | 1,126.43 trillion constant LCU | +7.7% |
| 2003 | 1,161.06 trillion constant LCU | +3.1% |
| 2004 | 1,221.25 trillion constant LCU | +5.2% |
| 2005 | 1,274.47 trillion constant LCU | +4.4% |
| 2006 | 1,341.32 trillion constant LCU | +5.2% |
| 2007 | 1,419.68 trillion constant LCU | +5.8% |
| 2008 | 1,462.33 trillion constant LCU | +3.0% |
| 2009 | 1,474.32 trillion constant LCU | +0.8% |
| 2010 | 1,577.25 trillion constant LCU | +7.0% |
| 2011 | 1,635.42 trillion constant LCU | +3.7% |
| 2012 | 1,677.09 trillion constant LCU | +2.5% |
| 2013 | 1,732.29 trillion constant LCU | +3.3% |
| 2014 | 1,787.97 trillion constant LCU | +3.2% |
| 2015 | 1,840.19 trillion constant LCU | +2.9% |
| 2016 | 1,898.55 trillion constant LCU | +3.2% |
| 2017 | 1,963.73 trillion constant LCU | +3.4% |
| 2018 | 2,026.10 trillion constant LCU | +3.2% |
| 2019 | 2,072.98 trillion constant LCU | +2.3% |
| 2020 | 2,058.47 trillion constant LCU | -0.7% |
| 2021 | 2,153.42 trillion constant LCU | +4.6% |
| 2022 | 2,212.16 trillion constant LCU | +2.7% |
| 2023 | 2,247.18 trillion constant LCU | +1.6% |
| 2024 | 2,292.20 trillion constant LCU | +2.0% |
South Korea compared with similar countries
- South Korea's 2,292.20 trillion constant LCU is above the median for high income countries, which is 153.41 billion constant LCU, 14941.8× the median. (83 countries reporting)
- South Korea's 2,292.20 trillion constant LCU is above the median for East Asia & Pacific, which is 380.88 billion constant LCU, 6018.1× the median. (36 countries reporting)
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 regions with projections, annual growth rate -1.44 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -2.17 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.44 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1.17 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.3601 % change on previous year (2100)
- Population growth rate -1.45 (2100)
- Population density 223.86 (2100)
- Projected population under age 5 599,530 (2100)
- Population growth rate by level of development -1.45 (2100)
- Urbanization vs gdp, annual growth rate 0.007 % change on previous year (2025)
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 212 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 · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release