Gross National Product in South Korea increased to 456451.80 KRW Billion in the third quarter of 2019 from 450227.40 KRW Billion in the second quarter of 2019. South Korea Gross National Income - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Gross National Product in South Korea averaged 160286.73 KRW Billion from 1960 until 2019, reaching an all time high of 473695.60 KRW Billion in the fourth quarter of 2018 and a record low of 7259.71 KRW Billion in the first quarter of 1960. This page provides - South Korea Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: The Bank of Korea

Gross National Product in South Korea is expected to be 435308.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in South Korea to stand at 463755.00 in 12 months time. In the long-term, the South Korea Gross National Income is projected to trend around 473958.00 KRW Billion in 2021 and 487702.00 KRW Billion in 2022, according to our econometric models.

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South Korea Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
456451.80 450227.40 473695.60 7259.71 1960 - 2019 KRW Billion Quarterly
Constant Prices 2015, NSA