1. World Map/
  2. Asia/
  3. South Korea/
  4. GDP of South Korea

South Korea GDP

South Korea has the 11th largest economy in the world and is one of the richest countries in the world. The gross domestic product (GDP) of South Korea is $1,377.87 (USD Billion) and its growth was 2.61% from 2014 to 2015. Its highest GDP was recorded in 2014 and its average GDP in the last 10 years is $1,165.32 (USD Billion).

South Korea GDP per capita is $27,221.52 (USD). However, when factoring in purchase power parity (PPP), it becomes $34,549.16 (USD), making it the 32nd richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $30,549.16 (USD).

GDP Of South Korea Per Year

South Korea's GDP & Other Economic Statistics

South Korea GDP Current Previous Highest Unit
GNI per capita, PPP 34,700.00 33,520.00 34,700.00 International $
GNI, PPP 1,756.27 1,689.99 1,756.27 International $ Billion
GNI 1,383.78 1,415.48 1,415.48 USD Billion
Gross domestic savings 488.42 487.34 488.42 USD Billion
GDP per capita, PPP 34,549.16 33,417.32 34,549.16 International $
GDP per capita growth 2.22 2.92 6.00 %
GDP per capita 27,221.52 27,989.35 27,989.35 USD
GDP growth 2.61 3.34 6.50 %
GDP 1,377.87 1,411.33 1,411.33 USD Billion
Services, etc., value added 748.27 767.00 767.00 USD Billion
Industry, value added 476.02 489.73 489.73 USD Billion
Manufacturing, value added 369.57 387.96 387.96 USD Billion
Agriculture, value added 28.94 29.97 29.97 USD Billion
Gross fixed capital formation 400.73 411.47 411.47 USD Billion
Tax revenue 14.44 14.05 15.48 % of GDP
Source: www.worldatlas.com | World Bank

What is Gross Domestic Product (GDP)?

Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of South Korea – current values and historical information. The information was last updated 2016.

GDP Of South Korea vs. Other Countries

Rank Country GDP (USD Billion), 2015
6 France 2,421.68
7 India 2,073.54
8 Italy 1,814.76
9 Brazil 1,774.72
10 Canada 1,550.54
11 South Korea 1,377.87
12 Australia 1,339.54
13 Russia 1,326.02
14 Spain 1,199.06
15 Mexico 1,144.33
16 Indonesia 861.93
The GDP of South Korea is tabulated by govermental institutions and was last updated on May 9th, 2017.