GDP Constant Prices in South Korea increased to 404060.60 KRW Billion in the fourth quarter of 2018 from 400197.80 KRW Billion in the third quarter of 2018. GDP Constant Prices in South Korea averaged 140008.53 KRW Billion from 1960 until 2018, reaching an all time high of 404060.60 KRW Billion in the fourth quarter of 2018 and a record low of 6626.29 KRW Billion in the first quarter of 1960.
GDP Constant Prices in South Korea is expected to be 399036.00 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 409402.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 425942.00 KRW Billion in 2020, according to our econometric models.