Gross domestic product (GDP) growth in South Korea 1954-2029
The statistic shows the growth of the real gross domestic product (GDP) in South Korea from 1954 to 2023, with projections up until 2029. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a change in it is a sign of economic growth. In 2023, the real GDP in South Korea grew by about 1.36 percent compared to the previous year.