GDP From Services in South Korea increased to 258125.40 KRW Billion in the fourth quarter of 2020 from 256838.20 KRW Billion in the third quarter of 2020. source: Bank of Korea

GDP From Services in South Korea averaged 91164.57 KRW Billion from 1960 until 2020, reaching an all time high of 263615.90 KRW Billion in the fourth quarter of 2019 and a record low of 4287.20 KRW Billion in the third quarter of 1960. This page provides the latest reported value for - South Korea Gdp From Services - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea GDP From Services - values, historical data and charts - was last updated on February of 2021.

GDP From Services in South Korea is expected to be 261894.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in South Korea to stand at 265869.00 in 12 months time. In the long-term, the South Korea GDP From Services is projected to trend around 272516.00 KRW Billion in 2022 and 280419.00 KRW Billion in 2023, according to our econometric models.

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South Korea GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
258125.40 256838.20 263615.90 4287.20 1960 - 2020 KRW Billion Quarterly
Chained 2010 Prices, SA

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 2.10 7.80 -7.00 percent [+]
GDP Annual Growth Rate -1.40 -1.10 20.80 -7.30 percent [+]
GDP 1646.74 1724.85 1724.85 2.42 USD Billion [+]
GDP Constant Prices 462766.40 456863.50 468814.30 7059.60 KRW Billion [+]
Gross National Product 456035.70 443089.50 478694.10 7478.10 KRW Billion [+]
Gross Fixed Capital Formation 139111.10 134853.00 144244.50 376.00 KRW Billion [+]
GDP per capita 28605.70 28091.40 28605.70 932.00 USD [+]
GDP per capita PPP 42661.20 41894.10 42661.20 12669.90 USD [+]
GDP From Agriculture 8048.50 7760.50 8669.90 1813.40 KRW Billion [+]
GDP From Construction 22091.00 21464.20 23779.30 342.00 KRW Billion [+]
GDP From Manufacturing 125601.20 121752.60 125601.20 319.10 KRW Billion [+]
GDP From Mining 510.60 392.40 1328.10 286.30 KRW Billion [+]
GDP From Public Administration 27855.70 27463.50 27855.70 1673.48 KRW Billion [+]
GDP From Services 258125.40 256838.20 263615.90 4287.20 KRW Billion [+]
GDP From Transport 12924.30 13147.60 15913.00 123.20 KRW Billion [+]
GDP From Utilities 12051.60 11232.80 12136.70 14.90 KRW Billion [+]