South Korea GDP - Gross Domestic Product 2023

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 €1,705,654$1,713,120 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 dropped €1,721$39,860 million with respect to 2022.

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

Date	Quarterly GDP	Quarterly GDP	Quat. GDP Growth (%)	Quat. GDP Annual Growth (%)
2023Q4	€434,295M	$401,818M	0.5%	2.3%
2023Q3	€423,546M	$362,465M	0.8%	1.5%
2023Q2	€416,698M	$353,918M	0.7%	1.2%
2023Q1	€430,159M	$372,275M	0.4%	1.4%
< GDP South Korea 2022GDP South Korea 2024 >

Quaterly GDP Per Capita 2023

Date	Qu. GDP Per Capita	Qu. GDP P.C. Qu. Growth	Qu. GDP P.C. An. Growth	Qu. GDP Per Capita $	Qu. GDP P.C. An. Growth	Qu. GDP P.C. Qu. Growth
2023Q4	8,398K	2.5%	3.3%	$7,770	5.3%	10.8%
2023Q3	8,197K	1.6%	-1.5%	$7,015	-8.3%	2.4%
2023Q2	8,064K	-3.1%	-3.8%	$6,849	-6.2%	-4.9%
2023Q1	8,325K	2.4%	1.1%	$7,204	6.2%	-2.4%
< GDP South Korea 2022GDP South Korea 2024 >

Evolution: Annual GDP South Korea

Date	Annual GDP	Annual GDP	GDP Growth (%)
2023	€1,705,654M	$1,713,120M	1.4%
2022	€1,707,375M	$1,673,260M	2.6%
2021	€1,641,125M	$1,817,690M	4.3%
2020	€1,528,506M	$1,644,610M	-0.7%
2019	€1,563,995M	$1,651,010M	2.2%
2018	€1,544,026M	$1,725,160M	2.9%
2017	€1,514,410M	$1,623,310M	3.2%
2016	€1,426,729M	$1,500,030M	2.9%
2015	€1,387,146M	$1,465,340M	2.8%
2014	€1,171,133M	$1,483,950M	3.2%
2013	€1,080,212M	$1,370,560M	3.2%
2012	€1,038,691M	$1,277,960M	2.4%
2011	€939,304M	$1,253,430M	3.7%
2010	€898,947M	$1,143,870M	6.8%
2009	€705,431M	$944,330M	0.8%
2008	€743,568M	$1,046,820M	3.0%
2007	€890,647M	$1,172,690M	5.8%
2006	€871,685M	$1,052,420M	5.3%
2005	€780,493M	$934,720M	4.3%
2004	€661,592M	$793,630M	5.2%
2003	€644,188M	$702,550M	3.1%
2002	€687,632M	$627,170M	7.7%
2001	€633,801M	$547,730M	4.9%
2000	€646,958M	$576,360M	9.1%
1999	€483,137M	$497,240M	11.5%
1998		$384,030M	-5.1%
1997		$569,860M	6.2%
1996		$609,920M	7.9%
1995		$566,750M	9.6%
1994		$463,520M	9.3%
1993		$392,640M	6.9%
1992		$355,440M	6.2%
1991		$330,540M	10.8%
1990		$283,280M	9.9%
1989		$246,960M	7.1%
1988		$199,840M	12.0%
1987		$147,980M	12.7%
1986		$116,850M	11.3%
1985		$101,240M	7.8%
1984		$97,500M	10.6%
1983		$87,720M	13.4%
1982		$78,320M	8.3%
1981		$72,910M	7.2%
1980		$65,350M	-1.6%
1979		$64,680M	8.7%
1978		$53,950M	11.0%
1977		$38,450M	12.3%
1976		$29,900M	13.2%
1975		$21,780M	7.8%
1974		$19,540M	9.5%
1973		$13,880M	14.9%
1972		$10,860M	7.2%
1971		$9,540M	10.5%
1970		$8,160M	10.1%
1969		$6,801M	14.6%
1968		$5,352M	13.2%
1967		$4,382M	9.1%
1966		$3,774M	12.0%
1965		$3,102M	7.3%
1964		$2,970M	9.5%
1963		$2,803M	9.0%
1962		$2,382M	3.9%
1961		$2,157M	6.9%
1960		$1,987M	2.3%
1959		$1,978M	5.6%
1958		$1,901M	6.6%
1957		$1,677M	9.4%
1956		$1,450M	0.6%
1955		$1,392M	5.6%
1954		$1,454M	7.5%
1953		$1,348M

Evolution: GDP per capita South Korea

Date	GDP per capita	GDP per capita	GDP P.C. Annual Growth	GDP P.C. Annual Growth
2023	€32,983	$33,128	-0.2%	2.2%
2022	€33,042	$32,410	4.2%	-7.7%
2021	€31,701	$35,128	7.5%	10.7%
2020	€29,487	$31,727	-2.4%	-0.6%
2019	€30,213	$31,929	0.9%	-4.5%
2018	€29,932	$33,429	1.5%	5.8%
2017	€29,485	$31,605	5.9%	7.9%
2016	€27,856	$29,287	2.5%	2.0%
2015	€27,191	$28,724	17.8%	-1.8%
2014	€23,078	$29,242	7.7%	7.6%
2013	€21,420	$27,178	3.5%	6.8%
2012	€20,691	$25,458	10.0%	1.4%
2011	€18,810	$25,100	3.7%	8.7%
2010	€18,141	$23,083	26.8%	20.5%
2009	€14,307	$19,152	-5.6%	-10.3%
2008	€15,158	$21,340	-17.2%	-11.4%
2007	€18,295	$24,088	1.7%	10.9%
2006	€17,996	$21,727	11.1%	12.0%
2005	€16,198	$19,399	17.7%	17.5%
2004	€13,760	$16,506	2.3%	12.5%
2003	€13,451	$14,669	-6.8%	11.4%
2002	€14,432	$13,164	7.9%	13.8%
2001	€13,380	$11,563	-2.8%	-5.7%
2000	€13,763	$12,261	32.8%	15.0%
1999	€10,364	$10,667		28.6%
1998		$8,297		-33.1%
1997		$12,401		-7.4%
1996		$13,398		6.6%
1995		$12,569		21.1%
1994		$10,383		16.9%
1993		$8,884		9.4%
1992		$8,125		6.4%
1991		$7,634		15.5%
1990		$6,608		13.6%
1989		$5,818		22.4%
1988		$4,755		33.7%
1987		$3,555		25.4%
1986		$2,835		14.3%
1985		$2,481		2.8%
1984		$2,413		9.8%
1983		$2,198		10.4%
1982		$1,991		5.8%
1981		$1,883		9.8%
1980		$1,714		-0.5%
1979		$1,723		18.1%
1978		$1,459		38.2%
1977		$1,056		26.6%
1976		$834		35.1%
1975		$618		9.6%
1974		$563		38.4%
1973		$407		25.5%
1972		$324		11.7%
1971		$290		14.6%
1970		$253		17.4%
1969		$216		24.2%
1968		$174		19.3%
1967		$145		13.4%
1966		$128		18.7%
1965		$108		1.8%
1964		$106		3.2%
1963		$103		14.4%
1962		$90		7.4%
1961		$84		5.3%
1960		$79		-2.3%
1959		$81		1.1%
1958		$80		10.2%
1957		$73		12.5%
1956		$65		1.3%
1955		$64		-7.0%
1954		$69		4.8%
1953		$66

Evolution: GDP growth rate at constant prices South Korea

Evolution: GDP per capita South Korea

GDP South Korea