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Korea, Rep. GDP

Korea, Rep.'s GDP is $1.74T in 2020 — ranked #9 in the world, accounting for 2.03% of global GDP.

ISO: KORWorld rank: #9Member of: G20, OECD, East Asia & Pacific, High incomeSource: World Bank
$1.74T
GDP (2020)
$33,646
GDP per capita
2.03%
of world GDP

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Korea, Rep. GDP history (2015–2024), per capita, growth and world share. Excel and CSV.

Key figures

IndicatorValueYear
GDP (current US$)$1.74T2020
GDP per capita$33,6462020
GDP growth-0.7%2020
Population51.8M2020
World GDP rank#92020
Share of world GDP2.03%2020

GDP history

Year-by-year GDP data for Korea, Rep..

$1.54T 2015 $1.58T 2016 $1.71T 2017 $1.82T 2018 $1.75T 2019 $1.74T 2020 $1.94T 2021 $1.80T 2022 $1.84T 2023 $1.88T 2024
YearGDPPer capitaGrowthRank% World
2024$1.88T$36,239+2.0%#121.69%
2023$1.84T$35,674+1.6%#121.73%
2022$1.80T$34,822+2.7%#121.76%
2021$1.94T$37,518+4.6%#101.98%
2020$1.74T$33,646-0.7%#92.03%
2019$1.75T$33,827+2.3%#101.98%
2018$1.82T$35,364+3.2%#102.10%
2017$1.71T$33,297+3.4%#102.09%
2016$1.58T$30,832+3.2%#102.06%
2015$1.54T$30,172+2.9%#112.04%

FAQ

What is the GDP of Korea, Rep.?

Korea, Rep.'s GDP is $1.74T in 2020, ranking #9 in the world and making up 2.03% of global GDP.

What is Korea, Rep.'s GDP per capita?

GDP per capita is $33,646.

What share of world GDP is Korea, Rep.?

Korea, Rep. accounts for 2.03% of world GDP in 2020.

About. Figures from the World Bank's World Development Indicators. Full historical series (2015–2024) available in the download above.

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