Gross Domestic Product of South Korea grew 1.1% in the third quarter of 2020 compared to the previous quarter. This rate is 10 -tenths of one percent "} less than the figure of 2.1% published in the second quarter of 2020.
The year-on-year change in GDP was -1.3%, 2 -tenths of one percent less than the -1.1% recorded in the third quarter of 2020.
The GDP figure in the third quarter of 2020 was €349,816$408,944 million, leaving South Korea placed 9th in the ranking of quarterly GDP of the 50 countries that we publish.
South Korea has a quarterly GDP per capita, of €6,765$6,765, less than the same period last year, when it was €7,027 $7,027 .
If we order the countries according to their GDP per capita, South Korea is in 22th position of the 50 countries whose quarterly 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.