South Korea GDP
GDP nominal (2023)
$1,712,790,000,000
GDP growth rate
(2023) 1.36% 
(Current US Dollars). Sources include: World Bank, United Nations.
- Nominal (current) Gross Domestic Product (GDP) of South Korea is $1,712,790,000,000 (USD) as of 2023.
- Real GDP (constant, inflation adjusted) of the Republic of Korea reached $1,764,490,000,000 in 2023.
- GDP Growth Rate in 2023 was 1.36%, representing a change of 23,620,000,000 US$ over 2022, when Real GDP was $1,740,870,000,000.
- GDP per Capita in the Republic of Korea (with a population of 51,748,739 people) was $34,097 in 2023, an increase of $478 from $33,619 in 2022; this represents a change of 1.4% in GDP per capita.
South Korea GDP (Nominal, $USD) 1993-2023
GDP Change (%)
Gross Domestic Product (GDP) of South Korea
| Year | GDP Nominal (Current USD) | GDP Real (Inflation adj.) | GDP Change | GDP per capita | Pop. Change | Population |
|---|---|---|---|---|---|---|
| 2023 | $1,712,790,000,000 | $1,764,490,000,000 | 1.36% | $34,097 | −0.07% | 51,748,739 |
| 2022 | $1,673,920,000,000 | $1,740,870,000,000 | 2.61% | $33,619 | −0.13% | 51,782,512 |
| 2021 | $1,818,430,000,000 | $1,696,540,000,000 | 4.3% | $32,721 | −0.02% | 51,848,397 |
| 2020 | $1,644,310,000,000 | $1,626,530,000,000 | −0.71% | $31,365 | 0.18% | 51,858,482 |
| 2019 | $1,651,420,000,000 | $1,638,150,000,000 | 2.24% | $31,644 | 0.25% | 51,767,846 |
| 2018 | $1,725,370,000,000 | $1,602,190,000,000 | 2.91% | $31,026 | 0.3% | 51,640,894 |
| 2017 | $1,623,070,000,000 | $1,556,930,000,000 | 3.16% | $30,240 | 0.37% | 51,486,270 |
| 2016 | $1,499,680,000,000 | $1,509,240,000,000 | 2.95% | $29,421 | 0.62% | 51,297,839 |
| 2015 | $1,466,040,000,000 | $1,466,040,000,000 | 2.81% | $28,755 | 0.88% | 50,983,912 |
| 2014 | $1,484,490,000,000 | $1,425,980,000,000 | 3.2% | $28,215 | 0.93% | 50,539,056 |
| 2013 | $1,370,630,000,000 | $1,381,730,000,000 | 3.16% | $27,595 | 0.95% | 50,071,164 |
| 2012 | $1,278,050,000,000 | $1,339,350,000,000 | 2.4% | $27,003 | 0.96% | 49,599,579 |
| 2011 | $1,253,290,000,000 | $1,307,920,000,000 | 3.69% | $26,623 | 0.73% | 49,127,643 |
| 2010 | $1,143,670,000,000 | $1,261,430,000,000 | 6.8% | $25,865 | 0.46% | 48,769,332 |
| 2009 | $943,942,000,000 | $1,181,060,000,000 | 0.79% | $24,328 | 0.39% | 48,546,687 |
| 2008 | $1,047,340,000,000 | $1,171,770,000,000 | 3.01% | $24,232 | 0.37% | 48,356,493 |
| 2007 | $1,172,610,000,000 | $1,137,500,000,000 | 5.8% | $23,610 | 0.36% | 48,178,118 |
| 2006 | $1,053,220,000,000 | $1,075,150,000,000 | 5.26% | $22,396 | 0.32% | 48,006,518 |
| 2005 | $934,901,000,000 | $1,021,380,000,000 | 4.31% | $21,345 | 0.32% | 47,851,644 |
| 2004 | $793,176,000,000 | $979,189,000,000 | 5.2% | $20,529 | 0.38% | 47,697,075 |
| 2003 | $702,715,000,000 | $930,811,000,000 | 3.15% | $19,590 | 0.45% | 47,514,160 |
| 2002 | $627,247,000,000 | $902,410,000,000 | 7.73% | $19,079 | 0.54% | 47,299,120 |
| 2001 | $547,656,000,000 | $837,696,000,000 | 4.85% | $17,807 | 0.59% | 47,043,468 |
| 2000 | $576,179,000,000 | $798,929,000,000 | 9.06% | $17,083 | 0.57% | 46,766,661 |
| 1999 | $497,514,000,000 | $732,554,000,000 | 11.47% | $15,754 | 0.58% | 46,500,383 |
| 1998 | $383,332,000,000 | $657,194,000,000 | −5.13% | $14,215 | 0.63% | 46,230,878 |
| 1997 | $569,755,000,000 | $692,727,000,000 | 6.17% | $15,078 | 0.66% | 45,941,537 |
| 1996 | $610,167,000,000 | $652,466,000,000 | 7.89% | $14,296 | 0.6% | 45,638,700 |
| 1995 | $566,581,000,000 | $604,747,000,000 | 9.61% | $13,330 | 0.53% | 45,368,425 |
| 1994 | $463,620,000,000 | $551,703,000,000 | 9.27% | $12,225 | 0.54% | 45,130,840 |
| 1993 | $392,666,000,000 | $504,905,000,000 | 6.88% | $11,248 | 0.52% | 44,887,724 |
Sources:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division