GDP Constant Prices in South Korea increased to 463395 KRW Billion in the fourth quarter of 2020 from 457783.70 KRW Billion in the third quarter of 2020. source: The Bank of Korea
GDP Constant Prices in South Korea averaged 165615.09 KRW Billion from 1960 until 2020, reaching an all time high of 468814.30 KRW Billion in the fourth quarter of 2019 and a record low of 7059.60 KRW Billion in the first quarter of 1960. This page provides - South Korea GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea GDP Constant Prices - values, historical data and charts - was last updated on March of 2021.
GDP Constant Prices in South Korea is expected to be 471136.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in South Korea to stand at 476649.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 488566.00 KRW Billion in 2022 and 502734.00 KRW Billion in 2023, according to our econometric models.