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South Korea

76 series · 1743–2025 · High income · East Asia & Pacific

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1911–20252,670,000,000 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1911–20251,878,435 (2025)
Real GDPMillions of local currencyrGDP1911–20252,192,000,000 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1911–202542,486,385 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1911–20251,935,481 (2025)
DeflatorIndex, 2015 = 100deflator1911–2025121.8 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1911–202537,508 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1911–20251,740,000,000 (2025)
Total consumption (% of GDP)Percent of GDPcons_GDP1911–202565.2 (2025)
Total consumption (USD)Millions of US dollarscons_USD1911–20251,223,957 (2025)
Household consumptionMillions of local currencyhcons1911–20251,276,000,000 (2025)
Household consumption (% of GDP)Percent of GDPhcons_GDP1911–202547.8 (2025)
Household consumption (USD)Millions of US dollarshcons_USD1911–2025897,636 (2025)
Government consumptionMillions of local currencygcons1911–2025462,000,000 (2025)
Government consumption (% of GDP)Percent of GDPgcons_GDP1911–202517.3 (2025)
Government consumption (USD)Millions of US dollarsgcons_USD1911–2025325,007 (2025)
Gross capital formationMillions of local currencyinv1911–2025803,200,000 (2025)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1911–202530.1 (2025)
Gross capital formation (USD)Millions of US dollarsinv_USD1911–2025565,056 (2025)
Gross fixed capital formationMillions of local currencyfinv1911–2025776,400,000 (2025)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1911–202529.1 (2025)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1911–2025546,178 (2025)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1876–20251,229,000,000 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1911–202546.0 (2025)
Exports (USD)Millions of US dollarsexports_USD1876–2025864,488 (2025)
ImportsMillions of local currencyimports1876–20251,097,000,000 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1911–202541.1 (2025)
Imports (USD)Millions of US dollarsimports_USD1876–2025771,532 (2025)
Current accountMillions of local currencyCA1975–2025175,500,000 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1975–20256.57 (2025)
USD exchange rateLocal currency per US dollarUSDfx1857–20251,422 (2025)
Real effective exchange rateIndex, 2015 = 100REER1960–202583.8 (2025)
Current account (USD)Millions of US dollarsCA_USD1975–2025123,452 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1911–2024928,300,000 (2024)
General government expenditureMillions of local currencygen_govexp1911–2024928,300,000 (2024)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1911–202436.2 (2024)
Central government expenditureMillions of local currencycgovexp1953–2024710,300,000 (2024)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1953–202427.7 (2024)
Government revenueMillions of local currencygovrev1911–2024847,800,000 (2024)
General government revenueMillions of local currencygen_govrev1953–2024847,800,000 (2024)
Central government revenueMillions of local currencycgovrev1911–2024677,500,000 (2024)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1953–202433.1 (2024)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP1911–202426.4 (2024)
Government tax revenueMillions of local currencygovtax1911–2024458,000,000 (2024)
General government tax revenueMillions of local currencygen_govtax2007–2024458,000,000 (2024)
Central government tax revenueMillions of local currencycgovtax1911–2024340,800,000 (2024)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP2007–202417.9 (2024)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP1911–202413.3 (2024)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1953–2024-3.14 (2024)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1953–2024-3.14 (2024)
General government deficitMillions of local currencygen_govdef1953–2024-80,517,573 (2024)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP1954–2024-1.79 (2024)
Central government deficitMillions of local currencycgovdef1954–2024-45,763,718 (2024)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1911–202449.7 (2024)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1958–202449.7 (2024)
General government debtMillions of local currencygen_govdebt1958–20241,274,000,000 (2024)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1911–202444.8 (2024)
Central government debtMillions of local currencycgovdebt1911–20241,148,000,000 (2024)
Government debtMillions of local currencygovdebt1911–20241,274,000,000 (2024)
Government deficitMillions of local currencygovdef1953–2024-80,517,573 (2024)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1911–202436.2 (2024)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1911–202433.1 (2024)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP1911–202417.9 (2024)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1976–20252.66 (2025)
Long-term interest ratePercentltrate1973–20252.89 (2025)
Central bank policy ratePercentcbrate1964–20252.50 (2025)
M0 (monetary base)Millions of local currencyM01906–2025309,400,000 (2025)
M1Millions of local currencyM11906–20251,308,000,000 (2025)
M2Millions of local currencyM21906–20254,100,000,000 (2025)
M3Millions of local currencyM32001–20254,100,000,000 (2025)

Prices and labor markets

VariableCodeCoverageLatest
House price indexIndex, 2015 = 100HPI1975–2025124.8 (2025)
Real house price indexIndex, 2015 = 100rHPI1975–2025101.5 (2025)
Consumer price indexIndex, 2015 = 100CPI1743–2025122.9 (2025)
InflationPercentinfl1743–20252.13 (2025)
PopulationMillions of peoplepop1800–202551.6 (2025)
Unemployment ratePercentunemp1955–20252.79 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →