Korea - GDP (current LCU)

The value for GDP (current LCU) in Korea was 1,933,150,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,933,150,000,000,000 in 2020 and a minimum value of 249,860,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 249,860,000,000
1961 301,690,000,000
1962 365,860,000,000
1963 518,540,000,000
1964 739,680,000,000
1965 831,390,000,000
1966 1,066,070,000,000
1967 1,313,620,000,000
1968 1,692,900,000,000
1969 2,212,660,000,000
1970 2,796,600,000,000
1971 3,438,000,000,000
1972 4,267,700,000,000
1973 5,527,300,000,000
1974 7,905,000,000,000
1975 10,543,600,000,000
1976 14,472,800,000,000
1977 18,608,100,000,000
1978 25,154,500,000,000
1979 32,402,300,000,000
1980 39,725,100,000,000
1981 49,669,800,000,000
1982 57,286,600,000,000
1983 68,080,100,000,000
1984 78,591,300,000,000
1985 88,129,700,000,000
1986 102,986,000,000,000
1987 121,698,000,000,000
1988 145,995,000,000,000
1989 165,802,000,000,000
1990 200,556,000,000,000
1991 242,481,000,000,000
1992 277,541,000,000,000
1993 315,181,000,000,000
1994 372,493,000,000,000
1995 436,989,000,000,000
1996 490,851,000,000,000
1997 542,002,000,000,000
1998 537,215,000,000,000
1999 591,453,000,000,000
2000 651,634,000,000,000
2001 707,021,000,000,000
2002 784,741,000,000,000
2003 837,365,000,000,000
2004 908,439,000,000,000
2005 957,448,000,000,000
2006 1,005,600,000,000,000
2007 1,089,660,000,000,000
2008 1,154,220,000,000,000
2009 1,205,350,000,000,000
2010 1,322,610,000,000,000
2011 1,388,940,000,000,000
2012 1,440,110,000,000,000
2013 1,500,820,000,000,000
2014 1,562,930,000,000,000
2015 1,658,020,000,000,000
2016 1,740,780,000,000,000
2017 1,835,700,000,000,000
2018 1,898,190,000,000,000
2019 1,924,500,000,000,000
2020 1,933,150,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts