Indicators / South Korea GDP Annual Growth Rate
| Related | Last | Previous | Reference | Unit |
|---|---|---|---|---|
| GDP | 1727.4 | 1712.8 | Jan/24 | USD bn |
| GDP Constant Prices | 575918.3 | 572057.7 | Jun/25 | Local Currency bn |
| Gross National Product | 573849.6 | 548046.2 | Jun/25 | USD bn |
| Gross Fixed Capital Formation | 158561.7 | 160177.5 | Jun/25 | USD bn |
| GDP per capita | 34411.0 | 34121.0 | Jan/24 | USD |
| GDP per capita PPP | 50420.2 | 49995.5 | Jan/24 | USD |
| Full Year GDP Growth | 2.0 | 1.4 | Jan/24 | % |
| GDP from Agriculture | 8579.4 | 8680.8 | Jun/25 | USD bn |
| GDP from Construction | 23731.6 | 24611.6 | Jun/25 | USD bn |
| GDP from Manufacturing | 156182.5 | 152300.9 | Jun/25 | USD bn |
| GDP from Mining | 356.5 | 362.3 | Jun/25 | USD bn |
| GDP from Utilities | 11784.2 | 12462.4 | Jun/25 | USD bn |
| GDP Growth Rate | 1.2 | 0.7 | Sep/25 | % |
| GDP from Public Administration | 37047.6 | 36633.6 | Jun/25 | USD bn |
| GDP Deflator | 114.1 | 113.5 | Jun/25 | points |
| Changes in Inventories | 1989.9 | 896.7 | Jun/25 | Local Currency bn |
| Disposable Personal Income | 2588759.3 | 2438258.3 | Jan/24 | Local Currency |
| Households Debt to GDP | 89.5 | 89.6 | Mar/25 | % |
| Government Spending to GDP | 37.0 | 37.8 | Jan/22 | % |
| Current Account to GDP | 5.3 | 1.8 | Jan/24 | % |
South Korea GDP Annual Growth Rate
South Korea’s economy became one of the most diversified and technologically advanced in the world in the last 50 years. Like in most developed countries, services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 1.7 | 0.6 | 6.4 | -2.6 | % | QS-DEC |