South Korea Nominal GDP

1960 - 2020 | Quarterly | USD mn | CEIC Data

South Korea Nominal GDP reached 387.3 USD bn in Jun 2020, compared with 399.4 USD bn in the previous quarter. Nominal GDP in South Korea is updated quarterly, available from Mar 1960 to Jun 2020, with an average number of 67.9 USD bn. The data reached an all-time high of 438.0 USD bn in Jun 2018 and a record low of 575.4 USD mn in Jun 1961. CEIC converts quarterly Nominal GDP into USD. The Bank of Korea provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

In the latest reports, South Korea GDP contracted 1.3 % YoY in Sep 2020. Its GDP deflator (implicit price deflator) increased 1.2 % in Jun 2020. South Korea GDP Per Capita reached 31,838.2 USD in Dec 2019. Its Gross Savings Rate was measured at 34.8 % in Jun 2020.

View South Korea's Nominal GDP from Mar 1960 to Jun 2020 in the chart:

South Korea Nominal GDP

What was South Korea's Nominal GDP in Jun 2020?

Last Previous Min Max Unit Frequency Range
387,257.0 Jun 2020 399,446.8 Mar 2020 575.4 Jun 1961 438,008.6 Jun 2018 USD mn quarterly Mar 1960 - Jun 2020

Nominal GDP by Country Comparison

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Includes Nominal GDP on 114 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 3,216.2 Jun 2020 quarterly Mar 2008 - Jun 2020
Algeria (USD mn) 40,083.4 Mar 2020 quarterly Mar 1999 - Mar 2020
Argentina (USD mn) 87,180.6 Jun 2020 quarterly Mar 2004 - Jun 2020
Armenia (USD mn) 3,593.3 Sep 2020 quarterly Dec 1994 - Sep 2020
Australia (USD mn) 307,619.3 Jun 2020 quarterly Sep 1959 - Jun 2020
Austria (USD mn) 112,574.1 Sep 2020 quarterly Mar 1988 - Sep 2020
Azerbaijan (USD mn) 10,668.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (USD mn) 7,943.7 Jun 2020 quarterly Mar 2007 - Jun 2020
Bangladesh (USD mn) 329,803.7 2020 yearly 1960 - 2020
Belarus (USD mn) 13,789.2 Jun 2020 quarterly Mar 1994 - Jun 2020

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South Korea Key Series

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Includes 539 key indicators for South Korea, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.3 Jun 2020 quarterly Jun 2000 - Jun 2020
Consolidated Fiscal Balance (USD mn) -8,134.344 Sep 2020 monthly Jul 1999 - Sep 2020
Tax Revenue (USD mn) 18,863.726 Sep 2020 monthly Jan 2000 - Sep 2020
Tax Revenue: % of GDP (%) 13.4 Jun 2020 quarterly Mar 2000 - Jun 2020
National Government Debt (USD mn) 686,391.5 Sep 2020 quarterly Sep 2002 - Sep 2020
Government Debt: % of GDP (%) 39.9 Jun 2020 quarterly Sep 2002 - Jun 2020
Forecast: Government Expenditure (KRW bn) 599,692.553 2025 yearly 1995 - 2025
Forecast: Government Net Debt (KRW bn) 1,527,429.242 2025 yearly 1990 - 2025
Forecast: Government Revenue (KRW bn) 539,984.873 2025 yearly 1995 - 2025
National Debt (ND) (KRW bn) 728.800 2019 yearly 1997 - 2019
Central Govt Debt (KRW bn) 800,311.900 Sep 2020 quarterly Sep 2002 - Sep 2020
Central Govt Debt: Short-Term (KRW bn) 213.000 Sep 2020 quarterly Sep 2002 - Sep 2020
Central Govt Debt: Medium & Long Term (KRW bn) 799,962.400 Sep 2020 quarterly Sep 2002 - Sep 2020
Central Govt Debt: Domestic (KRW bn) 755,470.200 Sep 2020 quarterly Dec 2002 - Sep 2020
Central Govt Debt: Foreign (KRW bn) 8,613.200 Sep 2020 quarterly Dec 2002 - Sep 2020
Public Sector Debt (KRW bn) 1,132,600.000 2019 yearly 2011 - 2019

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