GDP From Services in South Korea decreased to 255204.60 KRW Billion in the first quarter of 2020 from 260084.80 KRW Billion in the fourth quarter of 2019.

GDP From Services in South Korea averaged 87393.37 KRW Billion from 1960 until 2020, reaching an all time high of 260084.80 KRW Billion in the fourth quarter of 2019 and a record low of 4114.30 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 June of 2020. source: Bank of Korea

GDP From Services in South Korea is expected to be 255392.00 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 263206.00 in 12 months time. In the long-term, the South Korea GDP From Services is projected to trend around 267402.00 KRW Billion in 2021 and 275156.00 KRW Billion in 2022, according to our econometric models.

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South Korea GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
255204.60 260084.80 260084.80 4114.30 1960 - 2020 KRW Billion Quarterly
Chained 2010 Prices, SA

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.30 1.30 7.80 -7.00 percent [+]
GDP Annual Growth Rate 1.40 2.30 20.80 -7.30 percent [+]
GDP 1690.00 1619.42 1690.00 2.42 USD Billion [+]
GDP Constant Prices 462805.50 468814.30 468814.30 6626.29 KRW Billion [+]
Gross National Product 477883.70 456451.80 477883.70 7259.71 KRW Billion [+]
Gross Fixed Capital Formation 136891.30 134629.40 143486.50 359.12 KRW Billion [+]
GDP per capita 26761.90 26152.00 26761.90 944.30 USD [+]
GDP per capita PPP 36776.50 35938.40 36776.50 11632.60 USD [+]
GDP From Agriculture 8423.20 8119.20 8635.10 1627.32 KRW Billion [+]
GDP From Construction 22365.00 22159.70 23837.40 279.27 KRW Billion [+]
GDP From Manufacturing 123745.40 125987.10 125987.10 297.74 KRW Billion [+]
GDP From Mining 559.30 498.70 895.20 178.51 KRW Billion [+]
GDP From Public Administration 27295.60 27110.10 27295.60 1673.48 KRW Billion [+]
GDP From Services 255204.60 260084.80 260084.80 4114.30 KRW Billion [+]
GDP From Transport 13684.00 15648.60 15770.30 113.95 KRW Billion [+]
GDP From Utilities 12227.90 11528.80 12845.80 10.30 KRW Billion [+]