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