GDP (constant LCU), per unit of GDP in South Korea

South Korea: GDP (constant LCU), per unit of GDP was 1,222 constant LCU per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
1,222 constant LCU per US$ of GDP
Change on year
up 0.3%
World rank
16th
of 211 countries
All-time high
8,530 constant LCU per US$ of GDP
in 1971
All-time low
1,109 constant LCU per US$ of GDP
in 2021
Years of data
55
1970–2024

GDP (constant LCU), per unit of GDP in South Korea, 1970–2024

2.0k4.0k6.0k8.0k197019972024

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

Analysis

In 2024, gdp (constant lcu), per unit of gdp in South Korea stood at 1,222 constant LCU 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 (constant lcu), per unit of gdp in South Korea peaked at 8,530 constant LCU per US$ of GDP in 1971 and was at its lowest, 1,109 constant LCU per US$ of GDP, in 2021.

South Korea ranks 16th of 211 countries on this measure, in the top 10%.

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

GDP (constant LCU), per unit of GDP in South Korea, year by year

Annual values for GDP (constant LCU), per unit of GDP in South Korea, 1970 to 2024.
Year constant LCU per US$ of GDP Change
1970 8,490 constant LCU per US$ of GDP
1971 8,530 constant LCU per US$ of GDP +0.5%
1972 8,335 constant LCU per US$ of GDP -2.3%
1973 7,487 constant LCU per US$ of GDP -10.2%
1974 5,815 constant LCU per US$ of GDP -22.3%
1975 5,634 constant LCU per US$ of GDP -3.1%
1976 4,649 constant LCU per US$ of GDP -17.5%
1977 4,061 constant LCU per US$ of GDP -12.6%
1978 3,336 constant LCU per US$ of GDP -17.9%
1979 2,814 constant LCU per US$ of GDP -15.6%
1980 2,835 constant LCU per US$ of GDP +0.7%
1981 2,728 constant LCU per US$ of GDP -3.8%
1982 2,751 constant LCU per US$ of GDP +0.8%
1983 2,783 constant LCU per US$ of GDP +1.2%
1984 2,767 constant LCU per US$ of GDP -0.6%
1985 2,871 constant LCU per US$ of GDP +3.8%
1986 2,769 constant LCU per US$ of GDP -3.6%
1987 2,463 constant LCU per US$ of GDP -11.0%
1988 2,046 constant LCU per US$ of GDP -16.9%
1989 1,772 constant LCU per US$ of GDP -13.4%
1990 1,697 constant LCU per US$ of GDP -4.2%
1991 1,613 constant LCU per US$ of GDP -5.0%
1992 1,593 constant LCU per US$ of GDP -1.2%
1993 1,542 constant LCU per US$ of GDP -3.2%
1994 1,428 constant LCU per US$ of GDP -7.4%
1995 1,280 constant LCU per US$ of GDP -10.3%
1996 1,284 constant LCU per US$ of GDP +0.3%
1997 1,462 constant LCU per US$ of GDP +13.9%
1998 2,061 constant LCU per US$ of GDP +41.0%
1999 1,773 constant LCU per US$ of GDP -14.0%
2000 1,671 constant LCU per US$ of GDP -5.7%
2001 1,842 constant LCU per US$ of GDP +10.2%
2002 1,733 constant LCU per US$ of GDP -5.9%
2003 1,594 constant LCU per US$ of GDP -8.0%
2004 1,483 constant LCU per US$ of GDP -6.9%
2005 1,312 constant LCU per US$ of GDP -11.6%
2006 1,225 constant LCU per US$ of GDP -6.6%
2007 1,163 constant LCU per US$ of GDP -5.1%
2008 1,340 constant LCU per US$ of GDP +15.2%
2009 1,500 constant LCU per US$ of GDP +11.9%
2010 1,322 constant LCU per US$ of GDP -11.8%
2011 1,251 constant LCU per US$ of GDP -5.4%
2012 1,256 constant LCU per US$ of GDP +0.4%
2013 1,207 constant LCU per US$ of GDP -3.9%
2014 1,149 constant LCU per US$ of GDP -4.8%
2015 1,196 constant LCU per US$ of GDP +4.1%
2016 1,202 constant LCU per US$ of GDP +0.6%
2017 1,148 constant LCU per US$ of GDP -4.5%
2018 1,111 constant LCU per US$ of GDP -3.3%
2019 1,184 constant LCU per US$ of GDP +6.6%
2020 1,180 constant LCU per US$ of GDP -0.3%
2021 1,109 constant LCU per US$ of GDP -6.1%
2022 1,229 constant LCU per US$ of GDP +10.9%
2023 1,218 constant LCU per US$ of GDP -0.9%
2024 1,222 constant LCU per US$ of GDP +0.3%

South Korea compared with similar countries

  • South Korea's 1,222 constant LCU per US$ of GDP is above the median for high income countries, which is 0.9346 constant LCU per US$ of GDP, 1307.8× the median. (82 countries reporting)
  • South Korea's 1,222 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 3.13 constant LCU per US$ of GDP, 391.1× the median. (36 countries reporting)

Biggest year-on-year movements

Years where GDP (constant LCU), 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% 1,462 constant LCU per US$ of GDP 2,061 constant LCU per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1970s 5,915 constant LCU per US$ of GDP 2,814 constant LCU per US$ of GDP 8,530 constant LCU per US$ of GDP 10
1980s 2,578 constant LCU per US$ of GDP 1,772 constant LCU per US$ of GDP 2,871 constant LCU per US$ of GDP 10
1990s 1,573 constant LCU per US$ of GDP 1,280 constant LCU per US$ of GDP 2,061 constant LCU per US$ of GDP 10
2000s 1,486 constant LCU per US$ of GDP 1,163 constant LCU per US$ of GDP 1,842 constant LCU per US$ of GDP 10
2010s 1,203 constant LCU per US$ of GDP 1,111 constant LCU per US$ of GDP 1,322 constant LCU per US$ of GDP 10
2020s 1,192 constant LCU per US$ of GDP 1,109 constant LCU per US$ of GDP 1,229 constant LCU per US$ of GDP 5

Countries ranked near South Korea

  1. 13 Uzbekistan 1,512 constant LCU per US$ of GDP compare
  2. 14 Madagascar 1,367 constant LCU per US$ of GDP compare
  3. 15 Mongolia 1,347 constant LCU per US$ of GDP compare
  4. 17 Myanmar 1,040 constant LCU per US$ of GDP compare
  5. 18 Rwanda 825.9 constant LCU per US$ of GDP compare
  6. 19 Iraq 757.78 constant LCU per US$ of GDP compare

See the full ranking of 211 places →

More population data for South Korea

All data for South Korea →

Frequently asked questions

What is gdp (constant lcu), per unit of gdp in South Korea?
Gdp (constant lcu), per unit of gdp in South Korea was 1,222 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gdp (constant lcu), per unit of gdp recorded in South Korea?
The highest recorded value was 8,530 constant LCU per US$ of GDP in 1971.
What is the lowest gdp (constant lcu), per unit of gdp recorded in South Korea?
The lowest recorded value was 1,109 constant LCU per US$ of GDP in 2021.
How does South Korea rank for gdp (constant lcu), per unit of gdp?
South Korea ranks 16th out of 211 countries with data for 2024.
Is gdp (constant lcu), 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 (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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GDP (constant LCU), per unit of GDP in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-per-unit-of-gdp-2/korea-rep/

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How this figure is calculated

GDP (constant LCU) 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 (constant LCU) ÷ 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 (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,158 data points, 1970–2024
Last refreshed

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