Korea - GDP per capita GDP per capita (current US$) The latest value for GDP per capita (current US$) in Korea was $31,362.75 as of 2018. - … The statistic shows the growth of the real gross domestic product (GDP) in South Korea from 2015 to 2019, with projections up until 2025. If we order the countries according to their GDP per capita, South Korea is in 22th position of the 50 countries whose quarterly GDP we publish. The Gross Domestic Product (GDP) in South Korea was worth 1642.38 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. You can see GDP in other countries in GDP and see all the economic information about South Korea in South Korea's economy. The most unreliable economic data is produced in Argentina which has manipulated inflation and GDP statistics since 2007. Gross Domestic Product of South Korea grew 2.1% in the third quarter of 2020 compared to the previous quarter. Ghana GDP (Gross Domestic Product) was INT$132.03billion for 2019 in PPP terms. Providing up to 87 key data series and with data ranging from 1980 to 2050, this data set indicates a South Korea’s economic health and prospects vital to economic, financial, and budget models. Definition: GDP per capita is gross domestic product divided by midyear population. Benefiting from strong domestic encouragement and foreign aid, Seoul's industrialists introduced mode… Gross Domestic Product of South Korea grew 2.1% in the third quarter of 2020 compared to the previous quarter. Korea's household debt has surpassed the nation's gross domestic product (GDP) for the first time in history. Gross Domestic Product of South Korea grew 3.2% in 2017 compared to last year. source: World Bank GDP or gross domestic product is the sum of all goods and services produced in a country in a year; it is a strong indicator of economic strength. South Korea’s KR: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 33.311 … World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. … Here we show you the progression of the GDP in South Korea. The GDP figure in 2017 was €1,437,801 $1,623,901 million, South Korea is number 11 in the ranking of GDP of the 196 countries that we publish. Gross domestic spending on R&D is defined as the total expenditure (current and capital) on R&D carried out by all resident companies, research institutes, university and government laboratories, etc., in a country. The GDP value of South Korea represents 1.37 percent of the world economy. South Korea saw a rapid increase in cases in late February when the flu-like disease spread rapidly among members of a religious group. This rate is 53 -tenths of one percent higher than the figure of -3.2% published in the second quarter of 2020. Real Gross Domestic Product for South Korea from The Bank of Korea for the GDP release. North Korea's gross domestic product is only a fraction of the South's, and the North Korean birth rate is relatively low compared with other developing countries, according to Seoul. South Korea now has the world's 12th largest economy in terms of gross domestic product, and is home to some of the world's most iconic brands, … GDP PPP based on: 2011 International Dollars. Graph and download economic data for Gross Domestic Product for Republic of Korea (MKTGDPKRA646NWDB) from 1960 to 2019 about Korea and GDP. This records an increase from the previous number of 36.173 % for 2016. This means that families' accumulated debt has become larger than the … For Republic of Korea for the GDP value of South Korea grew %! 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