Gross Domestic Product of South Korea grew 2.9% in 2016 compared to last year. This rate is 1 -tenth of one percent higher than the figure of 2.8% published in 2015.
The GDP figure in 2016 was €1,354,929$1,500,030 million, South Korea is number 11 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in South Korea rose €33,727$34,690 million with respect to 2015.
The GDP per capita of South Korea in 2016 was €26,454$29,287, €556$563 higher than in 2015, it was €25,898$28,724. 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 2006 when the GDP per capita in South Korea was €17,306$21,727.
If we order the countries according to their GDP per capita, South Korea is in 31th 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.