GDP, PPP (constant 2011 international $) in South Korea
South Korea: GDP, PPP (constant 2011 international $) was 2.85 trillion constant 2011 international $ in 2024. ▲ Rising
Latest (2024)
2.85 trillion constant 2011 international $
Change on year
up 2.0%
World rank
14th
of 198 countries
All-time high
2.85 trillion constant 2011 international $
in 2024
All-time low
616.37 billion constant 2011 international $
in 1990
Years of data
35
1990–2024
GDP, PPP in South Korea, 1990–2024
Source: UNESCO Institute for Statistics. Measured in constant 2011 international $.
Analysis
South Korea recorded 2.85 trillion constant 2011 international $ for gdp, ppp in 2024. That is the highest value across all 35 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, ppp in South Korea peaked at 2.85 trillion constant 2011 international $ in 2024 and was at its lowest, 616.37 billion constant 2011 international $, in 1990.
That places South Korea 14th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
GDP, PPP (constant 2011 international $) in South Korea, year by year
| Year | constant 2011 international $ | Change |
|---|---|---|
| 1990 | 616.37 billion constant 2011 international $ | — |
| 1991 | 683.40 billion constant 2011 international $ | +10.9% |
| 1992 | 726.81 billion constant 2011 international $ | +6.4% |
| 1993 | 777.64 billion constant 2011 international $ | +7.0% |
| 1994 | 850.52 billion constant 2011 international $ | +9.4% |
| 1995 | 933.33 billion constant 2011 international $ | +9.7% |
| 1996 | 1.01 trillion constant 2011 international $ | +8.0% |
| 1997 | 1.07 trillion constant 2011 international $ | +6.3% |
| 1998 | 1.02 trillion constant 2011 international $ | -4.9% |
| 1999 | 1.14 trillion constant 2011 international $ | +11.6% |
| 2000 | 1.24 trillion constant 2011 international $ | +9.2% |
| 2001 | 1.30 trillion constant 2011 international $ | +4.7% |
| 2002 | 1.40 trillion constant 2011 international $ | +7.7% |
| 2003 | 1.44 trillion constant 2011 international $ | +3.1% |
| 2004 | 1.52 trillion constant 2011 international $ | +5.2% |
| 2005 | 1.58 trillion constant 2011 international $ | +4.4% |
| 2006 | 1.67 trillion constant 2011 international $ | +5.2% |
| 2007 | 1.77 trillion constant 2011 international $ | +5.8% |
| 2008 | 1.82 trillion constant 2011 international $ | +3.0% |
| 2009 | 1.83 trillion constant 2011 international $ | +0.8% |
| 2010 | 1.96 trillion constant 2011 international $ | +7.0% |
| 2011 | 2.03 trillion constant 2011 international $ | +3.7% |
| 2012 | 2.09 trillion constant 2011 international $ | +2.5% |
| 2013 | 2.15 trillion constant 2011 international $ | +3.3% |
| 2014 | 2.22 trillion constant 2011 international $ | +3.2% |
| 2015 | 2.29 trillion constant 2011 international $ | +2.9% |
| 2016 | 2.36 trillion constant 2011 international $ | +3.2% |
| 2017 | 2.44 trillion constant 2011 international $ | +3.4% |
| 2018 | 2.52 trillion constant 2011 international $ | +3.2% |
| 2019 | 2.58 trillion constant 2011 international $ | +2.3% |
| 2020 | 2.56 trillion constant 2011 international $ | -0.7% |
| 2021 | 2.68 trillion constant 2011 international $ | +4.6% |
| 2022 | 2.75 trillion constant 2011 international $ | +2.7% |
| 2023 | 2.79 trillion constant 2011 international $ | +1.6% |
| 2024 | 2.85 trillion constant 2011 international $ | +2.0% |
South Korea compared with similar countries
- South Korea's 2.85 trillion constant 2011 international $ is above the median for high income countries, which is 206.18 billion constant 2011 international $, 13.8× the median. (74 countries reporting)
- South Korea's 2.85 trillion constant 2011 international $ is above the median for East Asia & Pacific, which is 66.91 billion constant 2011 international $, 42.6× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 882.22 billion constant 2011 international $ | 616.37 billion constant 2011 international $ | 1.14 trillion constant 2011 international $ | 10 |
| 2000s | 1.56 trillion constant 2011 international $ | 1.24 trillion constant 2011 international $ | 1.83 trillion constant 2011 international $ | 10 |
| 2010s | 2.26 trillion constant 2011 international $ | 1.96 trillion constant 2011 international $ | 2.58 trillion constant 2011 international $ | 10 |
| 2020s | 2.73 trillion constant 2011 international $ | 2.56 trillion constant 2011 international $ | 2.85 trillion constant 2011 international $ | 5 |
Countries ranked near South Korea
- 11 Italy 3.13 trillion constant 2011 international $ compare
- 12 Turkey 3.02 trillion constant 2011 international $ compare
- 13 Mexico 2.88 trillion constant 2011 international $ compare
- 15 Spain 2.36 trillion constant 2011 international $ compare
- 16 Canada 2.34 trillion constant 2011 international $ compare
- 17 Saudi Arabia 2.21 trillion constant 2011 international $ compare
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, ppp in South Korea?
- Gdp, ppp in South Korea was 2.85 trillion constant 2011 international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp, ppp recorded in South Korea?
- The highest recorded value was 2.85 trillion constant 2011 international $ in 2024.
- What is the lowest gdp, ppp recorded in South Korea?
- The lowest recorded value was 616.37 billion constant 2011 international $ in 1990.
- How does South Korea rank for gdp, ppp?
- South Korea ranks 14th out of 198 countries with data for 2024.
- Is gdp, ppp 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 rising.
- Where does this South Korea data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP, PPP (constant 2011 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release