South Korea South Korea GDP - Gross Domestic Product

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GDP South Korea 2023

GDP improves in South Korea

Gross Domestic Product of South Korea grew 1.4% in 2023 compared to last year. This rate is 12 -tenths of one percent less than the figure of 2.6% published in 2022.

The GDP figure in 2023 was €1,582,816$1,713,120 million, South Korea is number 13 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in South Korea dropped €5,527$39,860 million with respect to 2022.

The GDP per capita of South Korea in 2023 was €30,594$33,128, €107$718 less than in 2022, when it was €30,701$32,410. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in South Korea was €20,464$27,178.

If we order the countries according to their GDP per capita, South Korea is in 36th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in South Korea. You can see GDP in other countries in GDP and see all the economic information about South Korea in South Korea's economy.

Quarterly GDP at market prices 2023
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2023Q40.6%2.2%
2023Q3€394,507M$362,465M0.6%1.3%
2023Q2€385,310M$353,918M0.6%0.9%
2023Q1€399,451M$372,275M0.3%1.0%
< GDP South Korea 2022
Quaterly GDP Per Capita 2023
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2023Q37,625K2.4%-1.4%$7,006-8.5%2.4%
2023Q27,448K-3.5%-4.9%$6,841-6.4%-4.9%
2023Q17,721K2.2%0.9%$7,1966.0%-2.4%
< GDP South Korea 2022
Evolution: Annual GDP South Korea
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€1,582,816M$1,713,120M1.4%
2022€1,588,343M$1,673,260M2.6%
2021€1,530,143M$1,817,690M4.3%
2020€1,441,078M$1,644,610M-0.7%
2019€1,475,014M$1,651,010M2.2%
2018€1,460,337M$1,725,160M2.9%
2017€1,437,262M$1,623,310M3.2%
2016€1,354,929M$1,500,030M2.9%
2015€1,321,202M$1,465,340M2.8%
2014€1,117,129M$1,483,950M3.2%
2013€1,031,997M$1,370,560M3.2%
2012€994,123M$1,277,960M2.4%
2011€900,632M$1,253,430M3.7%
2010€861,899M$1,143,870M6.8%
2009€677,356M$944,330M0.8%
2008€713,431M$1,046,820M3.0%
2007€855,415M$1,172,690M5.8%
2006€838,288M$1,052,420M5.3%
2005€750,903M$934,720M4.3%
2004€637,423M$793,630M5.2%
2003€621,373M$702,550M3.1%
2002€663,546M$627,170M7.7%
2001€611,569M$547,730M4.9%
2000€623,885M$576,360M9.1%
1999€466,102M$497,240M11.5%
1998$384,030M-5.5%
1997$569,860M6.2%
1996$609,920M7.9%
1995$566,750M9.6%
1994$463,520M9.3%
1993$392,640M6.9%
1992$355,440M6.2%
1991$330,540M10.8%
1990$283,280M9.9%
1989$246,960M7.1%
1988$199,840M12.0%
1987$147,980M12.7%
1986$116,850M11.3%
1985$101,240M7.8%
1984$97,500M10.6%
1983$87,720M13.4%
1982$78,320M8.3%
1981$72,910M7.2%
1980$65,350M-1.7%
1979$64,680M8.7%
1978$53,950M11.0%
1977$38,450M12.3%
1976$29,900M13.2%
1975$21,780M7.8%
1974$19,540M9.5%
1973$13,880M14.9%
1972$10,860M7.2%
1971$9,540M10.5%
1970$8,160M10.1%
1969$6,801M14.6%
1968$5,352M13.2%
1967$4,382M9.1%
1966$3,774M12.0%
1965$3,102M7.3%
1964$2,970M9.5%
1963$2,803M9.0%
1962$2,382M3.9%
1961$2,157M6.9%
1960$1,987M2.3%
1959$1,978M5.6%
1958$1,901M6.6%
1957$1,677M9.4%
1956$1,450M0.6%
1955$1,392M5.6%
1954$1,454M7.5%
1953$1,348M
Evolution: GDP per capita South Korea
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€30,594$33,128-0.4%2.2%
2022€30,701$32,4103.8%-7.7%
2021€29,576$35,1286.4%10.7%
2020€27,801$31,727-2.4%-0.6%
2019€28,495$31,9290.7%-4.5%
2018€28,309$33,4291.2%5.8%
2017€27,983$31,6055.8%7.9%
2016€26,454$29,2872.2%2.0%
2015€25,898$28,72417.7%-1.8%
2014€22,014$29,2427.6%7.6%
2013€20,464$27,1783.3%6.8%
2012€19,803$25,4589.8%1.4%
2011€18,036$25,1003.7%8.7%
2010€17,393$23,08326.6%20.5%
2009€13,737$19,152-5.5%-10.3%
2008€14,544$21,340-17.2%-11.4%
2007€17,571$24,0881.5%10.9%
2006€17,306$21,72711.1%12.0%
2005€15,584$19,39917.6%17.5%
2004€13,257$16,5062.2%12.5%
2003€12,974$14,669-6.8%11.4%
2002€13,927$13,1647.9%13.8%
2001€12,910$11,563-2.7%-5.7%
2000€13,272$12,26132.7%15.0%
1999€9,999$10,66728.6%
1998$8,297-33.1%
1997$12,401-7.4%
1996$13,3986.6%
1995$12,56921.1%
1994$10,38316.9%
1993$8,8849.4%
1992$8,1256.4%
1991$7,63415.5%
1990$6,60813.6%
1989$5,81822.4%
1988$4,75533.7%
1987$3,55525.4%
1986$2,83514.3%
1985$2,4812.8%
1984$2,4139.8%
1983$2,19810.4%
1982$1,9915.8%
1981$1,8839.8%
1980$1,714-0.5%
1979$1,72318.1%
1978$1,45938.2%
1977$1,05626.6%
1976$83435.1%
1975$6189.6%
1974$56338.4%
1973$40725.5%
1972$32411.7%
1971$29014.6%
1970$25317.4%
1969$21624.2%
1968$17419.3%
1967$14513.4%
1966$12818.7%
1965$1081.8%
1964$1063.2%
1963$10314.4%
1962$907.4%
1961$845.3%
1960$79-2.3%
1959$811.1%
1958$8010.2%
1957$7312.5%
1956$651.3%
1955$64-7.0%
1954$694.8%
1953$66
Evolution: GDP growth rate at constant prices South Korea
Evolution: GDP per capita South Korea
GDP South Korea