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South Korea GDP Annual Growth Rate

Last Release
Mar 31, 2022
Actual
3
Units In
%
Previous
4.2
Frequency
Quarterly
Next Release
Aug 31, 2022
Time to Release
1 Months 26 Days 23 Hours
Highest
Lowest
Average
Date Range
Source
20.8
Dec 1969
-7.3
Jun 1998
7.09 %1961-2022The Bank of Korea
South Korea’s economy became one of the most diversified and technologically advanced in the world in the last 50 years. Like in most developed countries, services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP.

South Korea GDP Annual Growth Rate History

Last 12 readings

South Korea GDP Indicators

All South Korea indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
1,630.53
Dec 2020
1,646.74
Dec 2019
2.42
Dec 1961
1,724.85
Dec 2018
USD BillionYearly1960-2020
GDP Annual Growth Rate
3
Mar 2022
4.2
Dec 2021
-7.3
Jun 1998
20.8
Dec 1969
%Quarterly1961-2022
GDP Constant Prices
487,105.2
Mar 2022
483,070.1
Dec 2021
7,059.6
Mar 1960
487,105.2
Mar 2022
KRW BillionQuarterly1960-2022
GDP From Agriculture
8,724.3
Mar 2022
8,365.2
Dec 2021
1,813.4
Mar 1960
8,724.3
Mar 2022
KRW BillionQuarterly1960-2022
GDP From Construction
21,443
Mar 2022
21,521.4
Dec 2021
342
Dec 1960
23,793.7
Mar 2018
KRW BillionQuarterly1960-2022
GDP From Manufacturing
134,195.6
Mar 2022
129,750.8
Dec 2021
319.1
Jun 1960
134,195.6
Mar 2022
KRW BillionQuarterly1960-2022
GDP From Mining
472.3
Mar 2022
483.2
Dec 2021
286.3
Mar 1960
1,328.1
Jun 1978
KRW BillionQuarterly1960-2022
GDP From Public Administration
29,683.5
Dec 2021
29,409.1
Sep 2021
1,673.48
Sep 1961
29,683.5
Dec 2021
KRW BillionQuarterly1960-2021
GDP From Services
272,796.3
Mar 2022
272,756.3
Dec 2021
4,287.2
Sep 1960
272,796.3
Mar 2022
KRW BillionQuarterly1960-2022
GDP From Transport
14,099.3
Mar 2022
14,507.4
Dec 2021
123.2
Jun 1960
16,034
Dec 2019
KRW BillionQuarterly1960-2022
GDP From Utilities
12,728.8
Mar 2022
12,165.1
Dec 2021
14.9
Mar 1960
12,728.8
Mar 2022
KRW BillionQuarterly1960-2022
GDP Growth Rate
0.6
Mar 2022
1.2
Dec 2021
-7
Mar 1998
7.8
Dec 1970
%Quarterly1960-2022
GDP per capita
31,264.94
Dec 2020
31,610.92
Dec 2019
1,027.47
Dec 1960
31,610.92
Dec 2019
USDYearly1960-2020
GDP per capita PPP
42,251.5
Dec 2020
42,719
Dec 2019
12,656.4
Dec 1990
42,719
Dec 2019
USDYearly1990-2020
Gross Fixed Capital Formation
138,803.6
Mar 2022
141,318.3
Dec 2021
376
Dec 1960
143,459.2
Mar 2018
KRW BillionQuarterly1960-2022
Gross National Product
455,546.7
Mar 2022
490,925.9
Dec 2021
7,478.1
Mar 1960
490,925.9
Dec 2021
KRW BillionQuarterly1960-2022

GDP Annual Growth Rate across Asia

GDP Annual Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Afghanistan
-1.93
Dec 2020
3.19
Dec 2019
-1.93
Dec 2020
17.2
Dec 2009
% Yearly2007-2020
Azerbaijan
6.8
Mar 2022
47.26
Dec 2021
-6.75
Sep 2020
47.26
Dec 2021
% Quarterly2001-2022
Bhutan
-10.08
Dec 2020
5.8
Dec 2019
-10.08
Dec 2020
17.9
Dec 2008
% Yearly1996-2020
Brunei
-1.4
Dec 2021
-2.2
Sep 2021
-8.1
Dec 2013
7.1
Dec 2019
% Quarterly2004-2021
Cambodia
-3.1
Dec 2020
7.1
Dec 2019
-3.1
Dec 2020
13.3
Dec 2005
% Yearly1994-2020
China
4.8
Mar 2022
4
Dec 2021
-6.8
Mar 2020
18.3
Mar 2021
% Quarterly1989-2022
Hong Kong
-4
Mar 2022
4.7
Dec 2021
-9.1
Mar 2020
20.5
Dec 1976
% Quarterly1974-2022
India
4.1
Mar 2022
5.4
Dec 2021
-24.4
Jun 2020
20.1
Jun 2021
% Quarterly1951-2022
Indonesia
5.01
Mar 2022
5.02
Dec 2021
-5.32
Jun 2020
7.16
Dec 2004
% Quarterly2000-2022
Japan
0.2
Mar 2022
0.4
Dec 2021
-10.1
Jun 2020
9.4
Mar 1988
% Quarterly1981-2022
Kazakhstan
4.4
Mar 2022
4
Dec 2021
-9.2
Sep 1995
14.1
Jun 2001
% Quarterly1995-2022
Kyrgyzstan
4.5
Mar 2022
3.61
Dec 2021
-20.08
Dec 1994
16.4
Mar 2010
% Quarterly1994-2022
Laos
0.4
Dec 2020
5.5
Dec 2019
0.4
Dec 2020
9.9
Dec 1989
% Yearly1989-2020
Macao
-8.9
Mar 2022
18
Dec 2021
-66.3
Jun 2020
68.8
Jun 2021
% Quarterly2002-2022
Malaysia
5
Mar 2022
3.6
Dec 2021
-17.2
Jun 2020
16.1
Jun 2021
% Quarterly2000-2022
Maldives
76.5
Sep 2021
71.6
Jun 2021
-52.5
Jun 2020
76.5
Sep 2021
% Quarterly1997-2021
Mongolia
-3.8
Mar 2022
1.4
Dec 2021
-10.1
Mar 2020
20.6
Sep 2011
% Quarterly1991-2022
Myanmar
-10
Dec 2020
1.69
Dec 2019
-10
Dec 2020
13.84
Dec 2003
% Yearly1994-2020
Nepal
4
Dec 2020
-2.1
Dec 2019
-2.1
Dec 2019
8.6
Dec 1993
% Yearly1993-2020
North Korea
-4.5
Dec 2020
0.4
Dec 2019
-6.5
Dec 1997
6.1
Dec 1999
% Yearly1990-2020
Pakistan
3.94
Dec 2021
-0.47
Dec 2020
-1.8
Dec 1952
10.22
Dec 1954
% Yearly1952-2021
Philippines
8.3
Mar 2022
7.8
Dec 2021
-17
Jun 2020
12
Dec 1988
% Quarterly1982-2022
Singapore
3.7
Mar 2022
6.1
Dec 2021
-13.3
Jun 2020
18.6
Jun 2010
% Quarterly1976-2022
South Korea
3
Mar 2022
4.2
Dec 2021
-7.3
Jun 1998
20.8
Dec 1969
% Quarterly1961-2022
Sri Lanka
1.8
Dec 2021
-1.5
Sep 2021
-16.4
Jun 2020
16.12
Mar 2012
% Quarterly2003-2021
Taiwan
3.14
Mar 2022
5.32
Dec 2021
-7.88
Mar 2009
17.26
Sep 1978
% Quarterly1962-2022
Tajikistan
9.2
Dec 2021
8.7
Jun 2021
-32.3
Dec 1992
11
Dec 2003
% Quarterly1992-2021
Thailand
2.2
Mar 2022
1.8
Dec 2021
-12.5
Jun 1998
15.5
Dec 2012
% Quarterly1994-2022
Timor-Leste
-6.8
Dec 2020
3.1
Dec 2019
-6.8
Dec 2020
16.3
Dec 2001
% Yearly2001-2020
Turkmenistan
6.2
Dec 2021
5.9
Dec 2020
-17.3
Dec 1994
16.5
Dec 1999
% Yearly1994-2021
Uzbekistan
5.8
Mar 2022
7.4
Dec 2021
0.8
Sep 2020
9.8
Sep 2007
% Quarterly2002-2022
Vietnam
7.72
Jun 2022
5.03
Mar 2022
-6.02
Sep 2021
8.48
Dec 2007
% Quarterly2000-2022

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