Gross National Product in South Korea increased to 481951.90 KRW Billion in the fourth quarter of 2020 from 456035.70 KRW Billion in the third quarter of 2020. source: The Bank of Korea
Gross National Product in South Korea averaged 168936.08 KRW Billion from 1960 until 2020, reaching an all time high of 481951.90 KRW Billion in the fourth quarter of 2020 and a record low of 7478.10 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. South Korea Gross National Income - values, historical data and charts - was last updated on April of 2021.
Gross National Product in South Korea is expected to be 456825.00 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 494483.00 in 12 months time. In the long-term, the South Korea Gross National Income is projected to trend around 508821.00 KRW Billion in 2022 and 523577.00 KRW Billion in 2023, according to our econometric models.