GDP Constant Prices in South Korea decreased to 460970.30 KRW Billion in the first quarter of 2020 from 467045.10 KRW Billion in the fourth quarter of 2019.

GDP Constant Prices in South Korea averaged 158451.11 KRW Billion from 1960 until 2020, 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. 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 May of 2020. source: The Bank of Korea

GDP Constant Prices in South Korea is expected to be 457206.00 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 472650.00 in 12 months time. In the long-term, the South Korea GDP Constant Prices is projected to trend around 480184.00 KRW Billion in 2021 and 494109.00 KRW Billion in 2022, according to our econometric models.

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South Korea GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
460970.30 467045.10 467045.10 6626.29 1960 - 2020 KRW Billion Quarterly
Constant Prices 2015, SA

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.40 0.40 7.80 -7.00 percent [+]
GDP Annual Growth Rate 1.30 2.30 20.80 -7.30 percent [+]
GDP 1690.00 1619.42 1690.00 2.42 USD Billion [+]
GDP Constant Prices 460970.30 467045.10 467045.10 6626.29 KRW Billion [+]
Gross National Product 477883.70 456451.80 477883.70 7259.71 KRW Billion [+]
Gross Fixed Capital Formation 136891.30 134629.40 143486.50 359.12 KRW Billion [+]
GDP per capita 26761.90 26152.00 26761.90 944.30 USD [+]
GDP per capita PPP 36776.50 35938.40 36776.50 11632.60 USD [+]
GDP From Agriculture 8354.70 8402.70 8635.10 1627.32 KRW Billion [+]
GDP From Construction 22365.00 22159.70 23837.40 279.27 KRW Billion [+]
GDP From Manufacturing 123745.40 125987.10 125987.10 297.74 KRW Billion [+]
GDP From Mining 559.30 498.70 895.20 178.51 KRW Billion [+]
GDP From Public Administration 27295.60 27110.10 27295.60 1673.48 KRW Billion [+]
GDP From Services 255204.60 260084.80 260084.80 4114.30 KRW Billion [+]
GDP From Transport 13684.00 15648.60 15770.30 113.95 KRW Billion [+]
GDP From Utilities 12227.90 11528.80 12845.80 10.30 KRW Billion [+]