South Korea GDP

The total value of everything South Korea produces in a year, at current prices, on a rolling four-quarter basis.

₩2,788.83tn

+₩112.2tn vs Q4 2025

Q1 2026 · Quarterly data

Latest four quarters: Q2 2025 to Q1 2026

Seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

Explore the full South Korea economy17 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.

GDP

Q4 1970 to Q1 2026

Source: FRED series NGDPSAXDCKRQ (IMF International Financial Statistics), quarterly.

South Korea GDP in context

Worked out from the published series shown above.

In South Korea, GDP rose by ₩207.7tn over the year to Q1 2026, from ₩2,581.15tn in Q1 2025.

That is the highest reading in a record that starts in Q4 1970.

Over the past five years it has ranged from ₩2,086.97tn in Q1 2021 to ₩2,788.83tn in Q1 2026.

South Korea is 13th of 62 countries in our GDP by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF via FRED
Series
NGDPSAXDCKRQ
Frequency
Quarterly
Unit
₩m
Seasonal adjustment
Seasonally adjusted
Latest observation
Q1 2026
Revision status
Latest published estimate, subject to revision

Nominal GDP has risen far faster than real GDP through 2026, driven by a semiconductor-led improvement in the terms of trade and a correspondingly large jump in the GDP deflator. The gap between the nominal and real series is genuine, not a data error.

Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.

More South Korea indicators

Latest readings. Open any one for its full history.

Rankings

See every country we track, side by side.