GDP Constant Prices in South Korea increased to 467045.10 KRW Billion in the fourth quarter of 2019 from 461705.90 KRW Billion in the third quarter of 2019. GDP Constant Prices in South Korea averaged 157190.61 KRW Billion from 1960 until 2019, reaching an all time high of 467045.10 KRW Billion in the fourth quarter of 2019 and a record low of 6626.29 KRW Billion in the first quarter of 1960. source: The Bank of Korea
GDP Constant Prices in South Korea is expected to be 458872.00 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 477787.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 505409.00 KRW Billion in 2020, according to our econometric models.