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Economy of South Korea

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

31.3% 11.2% 9.2% 41.6%
  • Agriculture, forestry & fishing: 1.6%
  • Mining, manufacturing & utilities: 31.3%
  • Construction: 5.2%
  • Trade, restaurants & hotels: 11.2%
  • Transport & communication: 9.2%
  • Finance, real estate & other services: 41.6%
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Agriculture, forestry & fishing
1.6%
Mining, manufacturing & utilities
31.3%
Construction
5.2%
Trade, restaurants & hotels
11.2%
Transport & communication
9.2%
Finance, real estate & other services
41.6%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 1.93T #15 / 190 2026
GDP (Local currency - KRW) 2.79Q - 2026
Real GDP (Local currency - KRW) 2.36Q - 2026
PPP GDP (Int$) 3.54T #14 / 191 2026
GNI (USD) 1.9T #12 / 210 2024

GDP per Capita

GDP per Capita (USD) 37,412 #40 / 190 2026
GDP per Capita (Local currency - KRW) 54M - 2026
Real GDP per Capita (Local currency - KRW) 45.7M - 2026
PPP GDP per Capita (Int$) 68,624 #30 / 191 2026
GNI per Capita (USD) 36,785 #41 / 210 2024

Economic Growth

GDP Growth 1.9% #148 / 191 2026

Prices and Inflation

Inflation Rate 2.5% #143 / 191 2026

Labor Market

Unemployment Rate 2.8% #92 / 103 2026

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