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|
|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|
|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|
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), 2005|