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GDP South Korea 2017

South Korea: GDP increases 2.7%

Gross Domestic Product of South Korea grew 2.7% in 2017 compared to last year. This rate is 4 -tenths of one percent less than the figure of 3.1% published in 2016.

The GDP figure in 2017 was €1,355,326$1,530,750 million, South Korea is number 12 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in South Korea rose €76,856$115,950 million with respect to 2016.

The GDP per capita of South Korea in 2017 was €26,341$29,750, €1,393$2,142 higher than in 2016, it was €24,948$27,608. 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 2007 when the GDP per capita in South Korea was €16,834$23,061.

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.

Quarterly GDP at market prices 2018
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2018Q4348,181M.€305,047M.$1.0%3.2%
2018Q3345,150M.€296,801M.$0.6%2.0%
2018Q2345,057M.€289,599M.$0.6%2.8%
2018Q1333,832M.€271,585M.$1.0%2.8%
< GDP South Korea 2017
Quaterly GDP Per Capita 2018
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
2018Q46,767€0.9%4.3%5,929$7.6%2.8%
2018Q36,708€0.0%3.6%5,768$4.8%2.5%
2018Q26,706€3.4%-0.3%5,628$-24.2%6.6%
2018Q16,488€0.0%-4.0%5,278$-16.8%-4.2%
< GDP South Korea 2017
Evolution: Annual GDP South Korea
DateAnnual GDPAnnual GDPGDP Growth (%)
20182.7%
20171,355,326M.€1,530,750M.$3.1%
20161,278,470M.€1,414,800M.$2.9%
20151,244,786M.€1,382,760M.$2.8%
20141,062,897M.€1,411,330M.$3.3%
2013983,173M.€1,305,610M.$2.9%
2012951,486M.€1,222,810M.$2.3%
2011864,687M.€1,202,460M.$3.7%
2010826,016M.€1,094,500M.$6.5%
2009649,618M.€901,935M.$0.7%
2008687,690M.€1,002,220M.$2.8%
2007819,533M.€1,122,680M.$5.5%
2006805,999M.€1,011,800M.$5.2%
2005722,197M.€898,137M.$3.9%
2004615,789M.€764,881M.$4.9%
2003602,061M.€680,518M.$2.9%
2002648,183M.€609,021M.$7.4%
2001595,901M.€533,050M.$4.5%
2000608,706M.€561,634M.$8.9%
1999455,213M.€485,250M.$11.3%
1998374,242M.$-5.5%
1997557,504M.$5.9%
1996598,097M.$7.6%
1995556,129M.$9.6%
1994455,605M.$9.2%
1993386,302M.$6.8%
1992350,051M.$6.2%
1991325,733M.$10.4%
1990279,348M.$9.8%
1989243,528M.$7.0%
1988196,965M.$11.9%
1987146,134M.$12.5%
1986115,537M.$11.2%
1985100,273M.$7.7%
198496,598M.$10.4%
198387,025M.$13.2%
198277,773M.$8.3%
198172,426M.$7.2%
198064,981M.$-1.7%
197966,568M.$8.6%
197851,701M.$10.8%
197738,265M.$12.3%
197629,779M.$13.1%
197521,705M.$7.9%
197419,482M.$9.5%
197313,842M.$14.8%
197210,842M.$7.2%
19719,890M.$10.5%
19708,999M.$10.0%
19697,676M.$14.5%
19686,117M.$13.2%
19674,855M.$9.1%
19663,928M.$12.0%
19653,120M.$7.2%
19643,459M.$9.5%
19633,988M.$9.2%
19622,814M.$3.8%
19612,417M.$6.9%
19603,958M.$2.3%
19595.4%
19586.5%
19579.2%
19560.7%
19555.8%
19547.2%
Evolution: GDP per capita South Korea
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
201726,341€29,750$5.6%7.8%
201624,948€27,608$2.2%1.9%
201524,400€27,105$16.5%-2.5%
201420,945€27,811$7.4%7.4%
201319,496€25,890$2.9%6.3%
201218,954€24,359$9.5%1.2%
201117,316€24,080$3.9%9.0%
201016,669€22,087$26.5%20.8%
200913,175€18,292$-6.0%-10.5%
200814,019€20,431$-16.7%-11.4%
200716,834€23,061$1.2%10.4%
200616,640€20,888$11.0%12.1%
200514,988€18,640$17.0%17.2%
200412,807€15,908$1.9%12.0%
200312,571€14,209$-7.6%11.2%
200213,604€12,783$8.2%13.6%
200112,580€11,253$-2.9%-5.8%
200012,949€11,948$32.6%14.8%
19999,765€10,409$28.7%
19988,085$-33.4%
199712,132$-7.7%
199613,138$6.5%
199512,333$20.8%
199410,206$16.8%
19938,741$9.2%
19928,002$6.4%
19917,523$15.5%
19906,516$13.6%
19895,737$22.4%
19884,686$33.5%
19873,511$25.2%
19862,803$14.1%
19852,457$2.8%
19842,391$9.6%
19832,181$10.3%
19821,978$5.7%
19811,870$9.7%
19801,704$-3.9%
19791,774$26.8%
19781,398$33.1%
19771,051$26.5%
1976831$35.0%
1975615$9.6%
1974562$38.4%
1973406$25.4%
1972324$7.6%
1971301$7.8%
1970279$14.7%
1969243$22.7%
1968198$23.1%
1967161$20.7%
1966133$22.8%
1965109$-12.1%
1964124$-15.5%
1963146$37.8%
1962106$13.1%
196194$-40.7%
1960158$
Evolution: GDP growth rate at constant prices South Korea
Evolution: GDP per capita South Korea
GDP South Korea