Gross National Product in South Korea increased to 456451.80 KRW Billion in the third quarter of 2019 from 450227.40 KRW Billion in the second quarter of 2019. Gross National Product in South Korea averaged 160286.73 KRW Billion from 1960 until 2019, reaching an all time high of 473695.60 KRW Billion in the fourth quarter of 2018 and a record low of 7259.71 KRW Billion in the first quarter of 1960. source: The Bank of Korea
Gross National Product in South Korea is expected to be 439518.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in South Korea to stand at 466950.00 in 12 months time. In the long-term, the South Korea Gross National Income is projected to trend around 493946.00 KRW Billion in 2020, according to our econometric models.