GDP in South Korea
South Korea: GDP was 1.88 trillion current US$ in 2024. β Volatile
GDP in South Korea, 1970β2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
South Korea recorded 1.88 trillion current US$ for gdp in 2024.
That represents a change of up 1.7% on the previous year and up 20.5% over ten years.
Over the whole period, gdp in South Korea peaked at 1.94 trillion current US$ in 2021 and was at its lowest, 9.09 billion current US$, in 1970.
That places South Korea 12th out of 208 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.65 billion current US$ | 9.09 billion current US$ | 68.08 billion current US$ | 10 |
| 1980s | 124.58 billion current US$ | 66.55 billion current US$ | 254.24 billion current US$ | 10 |
| 1990s | 460.44 billion current US$ | 292.06 billion current US$ | 631.20 billion current US$ | 10 |
| 2000s | 872.93 billion current US$ | 567.57 billion current US$ | 1.22 trillion current US$ | 10 |
| 2010s | 1.52 trillion current US$ | 1.19 trillion current US$ | 1.82 trillion current US$ | 10 |
| 2020s | 1.84 trillion current US$ | 1.74 trillion current US$ | 1.94 trillion current US$ | 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 1.88 trillion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in South Korea?
- The highest recorded value was 1.94 trillion current US$ in 2021.
- What is the lowest gdp recorded in South Korea?
- The lowest recorded value was 9.09 billion current US$ in 1970.
- How does South Korea rank for gdp?
- South Korea ranks 12th out of 208 countries with data for 2024.
- Is gdp rising or falling in South Korea?
- Over the last ten years it is up 20.5%. 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 US$). 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