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Unit ( Billions of US dollars )
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According to the latest statistical data released by the World Bank in 2024, the gross domestic product(GDP) of South Korea in 2021 was $1798.53 billion, ranking 11th in the world and 4th in Asian countries. In 2020, the GDP of South Korea was $1637.9 billion, ranking 11th in the world and 4th in Asian countries. In 2019, the GDP of South Korea was $1651.42 billion, ranking 13th in the world and 4th in Asian countries. In 2018, the GDP of South Korea was $1724.85 billion, ranking 12th in the world and 4th in Asian countries. South Korea's GDP growth rates in 2021, 2020, 2019 and 2018 were 9.81%, -0.82%, -4.26% and 6.22% respectively.
| Year | GDP | Share of World GDP |
|---|---|---|
| 2021 | $1798.53 billion | 1.8715% |
| 2020 | $1637.9 billion | 1.9291% |
| 2019 | $1651.42 billion | 1.884% |
| 2018 | $1724.85 billion | 1.996% |
| 2017 | $1623.9 billion | 1.9949% |
| 2016 | $1500.11 billion | 1.9618% |
| 2015 | $1465.77 billion | 1.9497% |
| 2014 | $1484.32 billion | 1.8622% |
| 2013 | $1370.8 billion | 1.7663% |
| 2012 | $1278.43 billion | 1.6935% |
| 2011 | $1253.22 billion | 1.6969% |
| 2010 | $1144.07 billion | 1.7179% |
| 2009 | $943.94 billion | 1.5523% |
| 2008 | $1047.34 billion | 1.6333% |
| 2007 | $1172.61 billion | 2.0094% |
| 2006 | $1053.22 billion | 2.034% |
| 2005 | $934.9 billion | 1.9567% |
| 2004 | $793.18 billion | 1.7979% |
| 2003 | $702.72 billion | 1.7951% |
| 2002 | $627.25 billion | 1.7967% |
| 2001 | $547.66 billion | 1.6292% |
| 2000 | $576.18 billion | 1.7031% |
| 1999 | $497.51 billion | 1.5197% |
| 1998 | $383.33 billion | 1.2154% |
| 1997 | $569.76 billion | 1.8019% |
| 1996 | $610.17 billion | 1.9226% |
| 1995 | $566.58 billion | 1.8251% |
| 1994 | $463.62 billion | 1.6634% |
| 1993 | $392.67 billion | 1.5207% |
| 1992 | $355.53 billion | 1.3994% |
| 1991 | $330.65 billion | 1.3916% |
| 1990 | $283.37 billion | 1.2439% |
| 1989 | $246.93 billion | 1.2228% |
| 1988 | $199.59 billion | 1.0321% |
| 1987 | $147.95 billion | 0.8548% |
| 1986 | $116.84 billion | 0.7684% |
| 1985 | $101.3 billion | 0.7877% |
| 1984 | $97.51 billion | 0.7947% |
| 1983 | $87.76 billion | 0.7413% |
| 1982 | $78.36 billion | 0.675% |
| 1981 | $72.93 billion | 0.622% |
| 1980 | $65.4 billion | 0.577% |
| 1979 | $66.95 billion | 0.666% |
| 1978 | $51.97 billion | 0.6005% |
| 1977 | $38.45 billion | 0.5231% |
| 1976 | $29.9 billion | 0.4601% |
| 1975 | $21.78 billion | 0.3644% |
| 1974 | $19.54 billion | 0.3642% |
| 1973 | $13.88 billion | 0.298% |
| 1972 | $10.86 billion | 0.2846% |
| 1971 | $9.9 billion | 0.2992% |
| 1970 | $9.01 billion | 0.3005% |
| 1969 | $7.68 billion | 0.2802% |
| 1968 | $6.12 billion | 0.2463% |
| 1967 | $4.86 billion | 0.2109% |
| 1966 | $3.93 billion | 0.1816% |
| 1965 | $3.12 billion | 0.1566% |
| 1964 | $3.46 billion | 0.189% |
| 1963 | $3.99 billion | 0.2387% |
| 1962 | $2.81 billion | 0.1815% |
| 1961 | $2.42 billion | 0.1669% |
| 1960 | $3.96 billion | 0.2843% |