Search Icon
FXEMPIRE
icon
Advertisement
Advertisement

Search Indicator:

Choose Country
icon
Choose Indicator
icon

South Korea GDP Annual Growth Rate

Last Release
Sep 30, 2024
Actual
1.5
Units In
%
Previous
2.3
Frequency
Quarterly
Next Release
Mar 04, 2025
Time to Release
2 Months 27 Days 23 Hours
Q4 21Q3 22Q2 23Q3 240.852.554.25
Highest
Lowest
Average
Date Range
Source
20.8
Dec 1969
-7.3
Jun 1998
6.89 %1961-2024The 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
Q4 21Q1 22Q2 22Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23Q1 24Q2 24Q3 2402.004.006.008.00

Trade With A Regulated Broker

Q1