South Korea Economy Statistics
Republic of Korea · Asia · Eastern Asia · Capital: Seoul
Key Indicators
GDP (Current USD)
$1.88T
GDP Per Capita (USD)
$36,238.64
GDP Growth Rate (%)
2.0%
Inflation Rate (%)
2.3%
Unemployment Rate (%)
2.7%
Government Debt (% of GDP)
48.6%
Foreign Direct Investment (USD)
$15.23B
Exports (% of GDP)
44.4%
Historical Trends
GDP (Current USD)
GDP Per Capita (USD)
GDP Growth Rate (%)
Inflation Rate (%)
Complete Data
GDP (Current USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $1.88T | +1.7% |
| 2023 | $1.84T | +2.5% |
| 2022 | $1.80T | -7.4% |
| 2021 | $1.94T | +11.4% |
| 2020 | $1.74T | -0.4% |
| 2019 | $1.75T | -4.0% |
| 2018 | $1.82T | +6.7% |
| 2017 | $1.71T | +8.3% |
| 2016 | $1.58T | +2.6% |
| 2015 | $1.54T | -1.1% |
| 2014 | $1.56T | +8.5% |
| 2013 | $1.43T | +7.4% |
| 2012 | $1.34T | +2.2% |
| 2011 | $1.31T | +9.6% |
| 2010 | $1.19T | +21.3% |
| 2009 | $983.07B | -9.9% |
| 2008 | $1.09T | -10.6% |
| 2007 | $1.22T | +11.5% |
| 2006 | $1.10T | +12.7% |
| 2005 | $971.74B | — |
GDP Per Capita (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $36,238.64 | +1.6% |
| 2023 | $35,674.096 | +2.4% |
| 2022 | $34,822.405 | -7.2% |
| 2021 | $37,518.464 | +11.5% |
| 2020 | $33,645.772 | -0.5% |
| 2019 | $33,826.944 | -4.3% |
| 2018 | $35,363.951 | +6.2% |
| 2017 | $33,296.985 | +8.0% |
| 2016 | $30,832.063 | +2.2% |
| 2015 | $30,171.791 | -1.6% |
| 2014 | $30,667.091 | +7.8% |
| 2013 | $28,449.359 | +7.0% |
| 2012 | $26,600.548 | +1.6% |
| 2011 | $26,175.24 | +8.7% |
| 2010 | $24,071.262 | +20.7% |
| 2009 | $19,937.303 | -10.4% |
| 2008 | $22,252.313 | -11.3% |
| 2007 | $25,078.485 | +10.9% |
| 2006 | $22,609.706 | +12.1% |
| 2005 | $20,167.048 | — |
GDP Growth Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 2.00% | +26.6% |
| 2023 | 1.58% | -42.0% |
| 2022 | 2.73% | -40.9% |
| 2021 | 4.61% | +758.8% |
| 2020 | -0.70% | -130.3% |
| 2019 | 2.31% | -27.1% |
| 2018 | 3.18% | -7.5% |
| 2017 | 3.43% | +8.3% |
| 2016 | 3.17% | +8.6% |
| 2015 | 2.92% | -9.2% |
| 2014 | 3.21% | -2.3% |
| 2013 | 3.29% | +29.2% |
| 2012 | 2.55% | -30.9% |
| 2011 | 3.69% | -47.2% |
| 2010 | 6.98% | +751.5% |
| 2009 | 0.82% | -72.7% |
| 2008 | 3.00% | -48.6% |
| 2007 | 5.84% | +11.4% |
| 2006 | 5.25% | +20.3% |
| 2005 | 4.36% | — |
Inflation Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 2.32% | -35.5% |
| 2023 | 3.60% | -29.3% |
| 2022 | 5.09% | +103.7% |
| 2021 | 2.50% | +365.0% |
| 2020 | 0.54% | +40.3% |
| 2019 | 0.38% | -74.0% |
| 2018 | 1.48% | -24.1% |
| 2017 | 1.94% | +100.1% |
| 2016 | 0.97% | +37.6% |
| 2015 | 0.71% | -44.6% |
| 2014 | 1.27% | -2.0% |
| 2013 | 1.30% | -40.5% |
| 2012 | 2.19% | -45.7% |
| 2011 | 4.03% | +37.0% |
| 2010 | 2.94% | +6.6% |
| 2009 | 2.76% | -41.0% |
| 2008 | 4.67% | +84.4% |
| 2007 | 2.53% | +13.0% |
| 2006 | 2.24% | -18.6% |
| 2005 | 2.75% | — |
Unemployment Rate (%)
| Year | Value | Change |
|---|---|---|
| 2025 | 2.68% | -3.6% |
| 2024 | 2.78% | +4.1% |
| 2023 | 2.67% | -6.4% |
| 2022 | 2.86% | -21.5% |
| 2021 | 3.64% | -7.4% |
| 2020 | 3.93% | +4.9% |
| 2019 | 3.75% | -2.0% |
| 2018 | 3.82% | +4.7% |
| 2017 | 3.65% | +0.1% |
| 2016 | 3.65% | +2.9% |
| 2015 | 3.55% | +15.1% |
| 2014 | 3.08% | +0.5% |
| 2013 | 3.07% | +9.1% |
| 2012 | 2.81% | -6.0% |
| 2011 | 2.99% | -10.0% |
| 2010 | 3.32% | -1.2% |
| 2009 | 3.36% | +13.7% |
| 2008 | 2.96% | -1.8% |
| 2007 | 3.01% | -7.4% |
| 2006 | 3.25% | — |
Government Debt (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2023 | 48.55% | +2.0% |
| 2022 | 47.61% | +3.9% |
| 2021 | 45.83% | +4.7% |
| 2020 | 43.78% | +16.1% |
| 2019 | 37.70% | +6.1% |
| 2018 | 35.52% | +0.2% |
| 2017 | 35.45% | -1.9% |
| 2016 | 36.15% | +1.2% |
| 2015 | 35.71% | +2.6% |
| 2014 | 34.82% | +4.3% |
| 2013 | 33.37% | +7.6% |
| 2012 | 31.02% | — |
Foreign Direct Investment (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $15.23B | -20.0% |
| 2023 | $19.04B | -24.0% |
| 2022 | $25.04B | +13.5% |
| 2021 | $22.06B | +151.7% |
| 2020 | $8.76B | -9.0% |
| 2019 | $9.63B | -20.9% |
| 2018 | $12.18B | -32.0% |
| 2017 | $17.91B | +48.0% |
| 2016 | $12.10B | +194.9% |
| 2015 | $4.10B | -55.7% |
| 2014 | $9.27B | -27.4% |
| 2013 | $12.77B | +34.4% |
| 2012 | $9.50B | -2.8% |
| 2011 | $9.77B | +2.9% |
| 2010 | $9.50B | +5.3% |
| 2009 | $9.02B | -19.4% |
| 2008 | $11.19B | +26.7% |
| 2007 | $8.83B | -3.7% |
| 2006 | $9.16B | -32.8% |
| 2005 | $13.64B | — |
Exports (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2024 | 44.36% | +7.3% |
| 2023 | 41.32% | -8.8% |
| 2022 | 45.29% | +15.1% |
| 2021 | 39.34% | +13.6% |
| 2020 | 34.62% | -6.5% |
| 2019 | 37.04% | -6.1% |
| 2018 | 39.45% | +1.6% |
| 2017 | 38.85% | +1.9% |
| 2016 | 38.11% | -7.0% |
| 2015 | 40.97% | -10.5% |
| 2014 | 45.79% | -7.0% |
| 2013 | 49.23% | -5.4% |
| 2012 | 52.02% | +1.4% |
| 2011 | 51.28% | +13.3% |
| 2010 | 45.27% | +4.0% |
| 2009 | 43.51% | -5.1% |
| 2008 | 45.85% | +27.2% |
| 2007 | 36.04% | +4.6% |
| 2006 | 34.45% | +0.9% |
| 2005 | 34.13% | — |
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About South Korea Economy Data
This page presents comprehensive economy statistics for South Korea (Republic of Korea), located in Asia, Eastern Asia. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.
The data covers 8 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.
For global comparisons, visit our Economy Rankings page to see how South Korea compares to other countries.