South Korea GDP

In 2022, South Korea witnessed a decrease in its Nominal GDP, falling to 1,665.25 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 2,585.01 international billion dollars as per the World Bank's estimates. Relatedly, in the preceding year of 2021, South Korea has Nominal GDP stood at 1,810.96 billion dollars, while the GDP based on PPP was 2,425.56 international billion dollars.

South Korea GDP 2022(Worldbank Estimates)

The net change in South Korea's GDP (Nominal) in 2022 decreased by -145.71 billion dollars(-8.75%), and GDP (PPP) increased by 159.45 international billion dollars(6.17%).

Source: worldbank Nominal PPP
Last Updated : 20 Jul 2023
Nominal PPP
Year Bil $ Net Chg % Chg Int Bil $ Net Chg % Chg
19603.96-- ---
19612.42-1.54-63.64 % ---
19622.810.3913.88 % ---
19633.991.1829.57 % ---
19643.46-0.53-15.32 % ---
19653.12-0.34-10.90 % ---
19663.930.8120.61 % ---
19674.860.9319.14 % ---
19686.121.2620.59 % ---
19697.681.5620.31 % ---
19709.011.3314.76 % ---
19719.900.898.99 % ---
197210.860.968.84 % ---
197313.883.0221.76 % ---
197419.545.6628.97 % ---
197521.782.2410.28 % ---
197629.908.1227.16 % ---
197738.458.5522.24 % ---
197851.9713.5226.02 % ---
197966.9514.9822.37 % ---
198065.40-1.55-2.37 % ---
198172.937.5310.32 % ---
198278.365.436.93 % ---
198387.769.4010.71 % ---
198497.519.7510.00 % ---
1985101.303.793.74 % ---
1986116.8415.5413.30 % ---
1987147.9531.1121.03 % ---
1988199.5951.6425.87 % ---
1989246.9347.3419.17 % ---
1990283.3736.4412.86 % 358.19--
1991330.6547.2814.30 %410.2152.0212.68 %
1992355.5324.887.00 %445.5735.367.94 %
1993392.6737.149.46 %487.5041.938.60 %
1994463.6270.9515.30 %544.0656.5610.40 %
1995566.58102.9618.17 %608.8764.8110.64 %
1996610.1743.597.14 %668.9460.078.98 %
1997569.76-40.41-7.09 %722.4753.537.41 %
1998383.33-186.43-48.63 %693.12-29.35-4.23 %
1999497.51114.1822.95 %783.4990.3711.53 %
2000576.1878.6713.65 %871.4887.9910.10 %
2001547.66-28.52-5.21 %934.3562.876.73 %
2002627.2579.5912.69 %1,019.4585.108.35 %
2003702.7275.4710.74 %1,058.2238.773.66 %
2004793.1890.4611.40 %1,143.1184.897.43 %
2005934.90141.7215.16 %1,213.6270.515.81 %
20061,053.22118.3211.23 %1,302.2388.616.80 %
20071,172.61119.3910.18 %1,414.99112.767.97 %
20081,047.34-125.27-11.96 %1,469.0054.013.68 %
2009943.94-103.40-10.95 %1,454.99-14.01-0.96 %
20101,144.07200.1317.49 %1,572.68117.697.48 %
20111,253.22109.158.71 %1,625.2852.603.24 %
20121,278.4325.211.97 %1,684.5659.283.52 %
20131,370.8092.376.74 %1,726.9042.342.45 %
20141,484.32113.527.65 %1,792.6065.703.67 %
20151,465.77-18.55-1.27 %1,933.59140.997.29 %
20161,500.1134.342.29 %2,026.9793.384.61 %
20171,623.90123.797.62 %2,103.6576.683.65 %
20181,724.85100.955.85 %2,220.44116.795.26 %
20191,651.42-73.43-4.45 %2,247.1326.691.19 %
20201,644.31-7.11-0.43 %2,316.8169.683.01 %
20211,810.96166.659.20 %2,425.56108.754.48 %
20221,665.25-145.71-8.75 %2,585.01159.456.17 %