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South Korea: Real GDP

Millions of local currency · 1911–2025 · 115 observations · forecasts to 2031 · rGDP

2025
2,190 trillionlocal currency
Change on 2024
+1.0%year on year
Average growth, 2015–2025
+2.3%a year
In US dollars, 2025
$1.94 trillionUS dollars

Real GDP

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10T100T1,000T10,000T192019401960198020002020South KoreaSouth Korea
ForecastLocal currency

Compare with other countries →Definition of Real GDP

Recent values

Millions of local currency

YearValue
20312,473,000,000Forecast
20302,427,000,000Forecast
20292,382,000,000Forecast
20282,336,000,000Forecast
20272,287,000,000Forecast
20262,239,000,000Forecast
20252,192,000,000
20242,171,000,000
20232,122,000,000
20222,093,000,000
20212,037,000,000
20201,947,000,000
20191,961,000,000
20181,917,000,000
20171,858,000,000
20161,796,000,000

Sources

  • Smits, Woltjer & Ma1911–1940
  • Barro & Ursúa1911–2009
  • Mitchell1911–2010
  • Cha et al.1911–2015
  • IER, Hitotsubashi University1911–2016
  • Maddison Project Database1911–2022
  • WDI (archive)1960–1997
  • IMF International Financial Statistics1960–2025
  • OECD Economic Outlook1960–2025
  • World Development Indicators1960–2025
  • FAO1970–2023
  • United Nations1970–2024
  • IMF World Economic Outlook1980–2025
  • World Bank Global Economic Monitor1987–2021
  • Asian Development Bank (archive)2000–2024
  • Asian Development Bank2000–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

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 →

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