South Korea GDP

The Gross Domestic Product (GDP) in South Korea was worth 1377.87 billion US dollars in 2015. The GDP value of South Korea represents 2.22 percent of the world economy. GDP in South Korea averaged 387.09 USD Billion from 1960 until 2015, reaching an all time high of 1410.38 USD Billion in 2014 and a record low of 2.36 USD Billion in 1961. GDP in South Korea is reported by the World Bank Group. The gross domestic product (GDP) measures of national income and output for a given country’s economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides – South Korea GDP – actual values, historical data, forecast, chart, statistics, economic calendar and news.