GDP Constant Prices in South Korea increased to 472602.20 KRW Billion in the first quarter of 2021 from 464517.70 KRW Billion in the fourth quarter of 2020. source: The Bank of Korea

GDP Constant Prices in South Korea averaged 166882.95 KRW Billion from 1960 until 2021, reaching an all time high of 472602.20 KRW Billion in the first quarter of 2021 and a record low of 7059.60 KRW Billion in the first quarter of 1960. This page provides - South Korea GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea GDP Constant Prices - values, historical data and charts - was last updated on July of 2021.

GDP Constant Prices in South Korea is expected to be 470754.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in South Korea to stand at 482527.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 490415.00 KRW Billion in 2022 and 504637.00 KRW Billion in 2023, according to our econometric models.

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South Korea GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
472602.20 464517.70 472602.20 7059.60 1960 - 2021 KRW Billion Quarterly
Constant Prices 2015, SA

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.70 1.10 7.80 -7.00 percent [+]
GDP Annual Growth Rate 1.90 -1.10 20.80 -7.30 percent [+]
GDP 1630.53 1646.74 1724.85 2.42 USD Billion [+]
GDP Constant Prices 472602.20 464517.70 472602.20 7059.60 KRW Billion [+]
Gross National Product 454947.30 481951.90 481951.90 7478.10 KRW Billion [+]
Gross Fixed Capital Formation 142219.00 139111.10 144244.50 376.00 KRW Billion [+]
GDP per capita 28361.19 28675.03 28675.03 932.04 USD [+]
GDP per capita PPP 42251.50 42719.00 42719.00 12656.40 USD [+]
GDP From Agriculture 8558.30 8048.50 8669.90 1813.40 KRW Billion [+]
GDP From Construction 22105.30 22091.00 23779.30 342.00 KRW Billion [+]
GDP From Manufacturing 129270.30 125601.20 129270.30 319.10 KRW Billion [+]
GDP From Mining 469.70 510.60 1328.10 286.30 KRW Billion [+]
GDP From Public Administration 28738.90 28510.30 28738.90 1673.48 KRW Billion [+]
GDP From Services 260912.40 258125.40 263615.90 4287.20 KRW Billion [+]
GDP From Transport 13118.30 12924.30 15913.00 123.20 KRW Billion [+]
GDP From Utilities 12661.30 12051.60 12661.30 14.90 KRW Billion [+]