GDP Growth Rate
Year -
1.36%
In 2023, South Korea experienced a significant a decrease in its GDP growth rate, which fall to 1.36% from 2.61% in 2022. Additionally, the GDP per capita growth rate in South Korea decrease to 1.28% in 2023, compared to 2.81% in 2022.
In 2023, South Korea experienced a decrease in economic performance, with the GDP growth rate falling by 1.25%. Additionally, the GDP per capita growth rate decrease by 1.53%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 6.94% | 6.94% | 3.81% | 3.81% |
| 1962 | 3.9% | -3.04% | 0.97% | -2.84% |
| 1963 | 9.02% | 5.12% | 6.03% | 5.06% |
| 1964 | 9.47% | 0.45% | 6.65% | 0.62% |
| 1965 | 7.32% | -2.15% | 4.62% | -2.03% |
| 1966 | 11.99% | 4.67% | 9.21% | 4.59% |
| 1967 | 9.08% | -2.91% | 6.56% | -2.65% |
| 1968 | 13.17% | 4.09% | 10.57% | 4.01% |
| 1969 | 14.56% | 1.39% | 12% | 1.43% |
| 1970 | 10.05% | -4.51% | 7.68% | -4.32% |
| 1971 | 10.55% | 0.50% | 8.39% | 0.71% |
| 1972 | 7.21% | -3.34% | 5.22% | -3.17% |
| 1973 | 14.9% | 7.69% | 12.88% | 7.66% |
| 1974 | 9.51% | -5.39% | 7.65% | -5.23% |
| 1975 | 7.84% | -1.67% | 6.04% | -1.61% |
| 1976 | 13.22% | 5.38% | 11.43% | 5.39% |
| 1977 | 12.34% | -0.88% | 10.6% | -0.83% |
| 1978 | 10.95% | -1.39% | 9.28% | -1.32% |
| 1979 | 8.67% | -2.28% | 7.04% | -2.24% |
| 1980 | -1.65% | -10.32% | -3.17% | -10.21% |
| 1981 | 7.25% | 8.90% | 5.59% | 8.76% |
| 1982 | 8.34% | 1.09% | 6.68% | 1.09% |
| 1983 | 13.38% | 5.04% | 11.72% | 5.04% |
| 1984 | 10.55% | -2.83% | 9.2% | -2.52% |
| 1985 | 7.84% | -2.71% | 6.78% | -2.42% |
| 1986 | 11.33% | 3.49% | 10.23% | 3.45% |
| 1987 | 12.72% | 1.39% | 11.62% | 1.39% |
| 1988 | 11.99% | -0.73% | 10.9% | -0.72% |
| 1989 | 7.07% | -4.92% | 6.02% | -4.88% |
| 1990 | 9.88% | 2.81% | 8.8% | 2.78% |
| 1991 | 10.78% | 0.90% | 9.69% | 0.89% |
| 1992 | 6.2% | -4.58% | 5.1% | -4.59% |
| 1993 | 6.88% | 0.68% | 5.8% | 0.70% |
| 1994 | 9.27% | 2.39% | 8.17% | 2.37% |
| 1995 | 9.61% | 0.34% | 8.52% | 0.35% |
| 1996 | 7.89% | -1.72% | 6.87% | -1.65% |
| 1997 | 6.17% | -1.72% | 5.18% | -1.69% |
| 1998 | -5.13% | -11.30% | -5.81% | -10.99% |
| 1999 | 11.47% | 16.60% | 10.68% | 16.49% |
| 2000 | 9.06% | -2.41% | 8.15% | -2.53% |
| 2001 | 4.85% | -4.21% | 4.05% | -4.10% |
| 2002 | 7.73% | 2.88% | 7.1% | 3.05% |
| 2003 | 3.15% | -4.58% | 2.61% | -4.49% |
| 2004 | 5.2% | 2.05% | 4.78% | 2.17% |
| 2005 | 4.31% | -0.89% | 4.09% | -0.69% |
| 2006 | 5.26% | 0.95% | 4.71% | 0.62% |
| 2007 | 5.8% | 0.54% | 5.27% | 0.56% |
| 2008 | 3.01% | -2.79% | 2.23% | -3.04% |
| 2009 | 0.79% | -2.22% | 0.28% | -1.95% |
| 2010 | 6.8% | 6.01% | 6.27% | 5.99% |
| 2011 | 3.69% | -3.11% | 2.89% | -3.38% |
| 2012 | 2.4% | -1.29% | 1.87% | -1.02% |
| 2013 | 3.16% | 0.76% | 2.7% | 0.83% |
| 2014 | 3.2% | 0.04% | 2.56% | -0.14% |
| 2015 | 2.81% | -0.39% | 2.27% | -0.29% |
| 2016 | 2.95% | 0.14% | 2.54% | 0.27% |
| 2017 | 3.16% | 0.21% | 2.87% | 0.33% |
| 2018 | 2.91% | -0.25% | 2.46% | -0.41% |
| 2019 | 2.24% | -0.67% | 1.89% | -0.57% |
| 2020 | -0.71% | -2.95% | -0.85% | -2.74% |
| 2021 | 4.3% | 5.01% | 4.44% | 5.29% |
| 2022 | 2.61% | -1.69% | 2.81% | -1.63% |
| 2023 | 1.36% | -1.25% | 1.28% | -1.53% |