GDP (current LCU) (UNESCO Institute) in South Korea
South Korea: GDP (current LCU) (UNESCO Institute) was 2,556.86 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
2,556.86 trillion current LCU
Change on year
up 6.2%
World rank
4th
of 211 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
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 211 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 (current LCU) (UNESCO Institute) in South Korea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 2.82 trillion current LCU | — |
| 1971 | 3.47 trillion current LCU | +23.1% |
| 1972 | 4.32 trillion current LCU | +24.3% |
| 1973 | 5.60 trillion current LCU | +29.8% |
| 1974 | 8.03 trillion current LCU | +43.4% |
| 1975 | 10.71 trillion current LCU | +33.3% |
| 1976 | 14.70 trillion current LCU | +37.3% |
| 1977 | 18.91 trillion current LCU | +28.6% |
| 1978 | 25.57 trillion current LCU | +35.2% |
| 1979 | 32.95 trillion current LCU | +28.9% |
| 1980 | 40.42 trillion current LCU | +22.7% |
| 1981 | 50.59 trillion current LCU | +25.2% |
| 1982 | 58.43 trillion current LCU | +15.5% |
| 1983 | 69.52 trillion current LCU | +19.0% |
| 1984 | 80.40 trillion current LCU | +15.6% |
| 1985 | 90.28 trillion current LCU | +12.3% |
| 1986 | 105.75 trillion current LCU | +17.1% |
| 1987 | 125.23 trillion current LCU | +18.4% |
| 1988 | 150.30 trillion current LCU | +20.0% |
| 1989 | 170.71 trillion current LCU | +13.6% |
| 1990 | 206.71 trillion current LCU | +21.1% |
| 1991 | 249.97 trillion current LCU | +20.9% |
| 1992 | 286.44 trillion current LCU | +14.6% |
| 1993 | 325.65 trillion current LCU | +13.7% |
| 1994 | 385.00 trillion current LCU | +18.2% |
| 1995 | 452.19 trillion current LCU | +17.5% |
| 1996 | 507.77 trillion current LCU | +12.3% |
| 1997 | 560.50 trillion current LCU | +10.4% |
| 1998 | 556.79 trillion current LCU | -0.7% |
| 1999 | 613.07 trillion current LCU | +10.1% |
| 2000 | 675.73 trillion current LCU | +10.2% |
| 2001 | 732.72 trillion current LCU | +8.4% |
| 2002 | 813.23 trillion current LCU | +11.0% |
| 2003 | 868.11 trillion current LCU | +6.7% |
| 2004 | 942.88 trillion current LCU | +8.6% |
| 2005 | 995.18 trillion current LCU | +5.5% |
| 2006 | 1,045.66 trillion current LCU | +5.1% |
| 2007 | 1,134.54 trillion current LCU | +8.5% |
| 2008 | 1,202.97 trillion current LCU | +6.0% |
| 2009 | 1,255.31 trillion current LCU | +4.4% |
| 2010 | 1,379.46 trillion current LCU | +9.9% |
| 2011 | 1,448.58 trillion current LCU | +5.0% |
| 2012 | 1,504.67 trillion current LCU | +3.9% |
| 2013 | 1,570.94 trillion current LCU | +4.4% |
| 2014 | 1,638.48 trillion current LCU | +4.3% |
| 2015 | 1,740.78 trillion current LCU | +6.2% |
| 2016 | 1,833.03 trillion current LCU | +5.3% |
| 2017 | 1,934.23 trillion current LCU | +5.5% |
| 2018 | 2,006.97 trillion current LCU | +3.8% |
| 2019 | 2,040.59 trillion current LCU | +1.7% |
| 2020 | 2,058.47 trillion current LCU | +0.9% |
| 2021 | 2,221.91 trillion current LCU | +7.9% |
| 2022 | 2,323.78 trillion current LCU | +4.6% |
| 2023 | 2,408.69 trillion current LCU | +3.7% |
| 2024 | 2,556.86 trillion current LCU | +6.2% |
South Korea compared with similar countries
- South Korea's 2,556.86 trillion current LCU is above the median for high income countries, which is 220.22 billion current LCU, 11610.6× the median. (82 countries reporting)
- South Korea's 2,556.86 trillion current LCU is above the median for East Asia & Pacific, which is 416.65 billion current LCU, 6136.7× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 2,556.86 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 211 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.
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