GDP in South Korea

South Korea: GDP was 2,556.86 trillion current LCU in 2024. β—† Volatile

Latest (2024)
2,556.86 trillion current LCU
Change on year
up 6.2%
World rank
4th
of 208 countries
All-time high
2,556.86 trillion current LCU
in 2024
All-time low
2.82 trillion current LCU
in 1970
Years of data
55
1970–2024

GDP in South Korea, 1970–2024

01,000.0T2,000.0T3,000.0T197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

The most recent figure for gdp in South Korea is 2,556.86 trillion current LCU, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 6.2% on the previous year and up 56.1% over ten years.

Over the whole period, gdp in South Korea peaked at 2,556.86 trillion current LCU in 2024 and was at its lowest, 2.82 trillion current LCU, in 1970.

That places South Korea 4th out of 208 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

DecadeAverage LowestHighest Years
1970s 12.71 trillion current LCU 2.82 trillion current LCU 32.95 trillion current LCU 10
1980s 94.16 trillion current LCU 40.42 trillion current LCU 170.71 trillion current LCU 10
1990s 414.41 trillion current LCU 206.71 trillion current LCU 613.07 trillion current LCU 10
2000s 966.63 trillion current LCU 675.73 trillion current LCU 1,255.31 trillion current LCU 10
2010s 1,709.77 trillion current LCU 1,379.46 trillion current LCU 2,040.59 trillion current LCU 10
2020s 2,313.94 trillion current LCU 2,058.47 trillion current LCU 2,556.86 trillion current LCU 5

Countries ranked near South Korea

  1. 1 Iran 197,860.00 trillion current LCU compare
  2. 2 Indonesia 22,139.00 trillion current LCU compare
  3. 3 Vietnam 11,511.90 trillion current LCU compare
  4. 5 Lebanon 1,723.31 trillion current LCU compare
  5. 6 Colombia 1,705.32 trillion current LCU compare
  6. 7 Uzbekistan 1,454.57 trillion current LCU compare

See the full ranking of 211 places β†’

More population data for South Korea

All data for South Korea β†’

Frequently asked questions

What is gdp in South Korea?
Gdp in South Korea was 2,556.86 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in South Korea?
The highest recorded value was 2,556.86 trillion current LCU in 2024.
What is the lowest gdp recorded in South Korea?
The lowest recorded value was 2.82 trillion current LCU in 1970.
How does South Korea rank for gdp?
South Korea ranks 4th out of 208 countries with data for 2024.
Is gdp rising or falling in South Korea?
Over the last ten years it is up 56.1%. 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 (current LCU). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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GDP in South Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/korea-rep/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release