Korea - GDP (constant LCU)

The value for GDP (constant LCU) in Korea was 1,836,880,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,852,670,000,000,000 in 2019 and a minimum value of 29,070,100,000,000 in 1960.

Definition: GDP 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 constant local currency.

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

Year Value
1960 29,070,100,000,000
1961 31,086,400,000,000
1962 32,297,300,000,000
1963 35,210,700,000,000
1964 38,546,500,000,000
1965 41,367,500,000,000
1966 46,329,100,000,000
1967 50,535,600,000,000
1968 57,189,000,000,000
1969 65,516,500,000,000
1970 72,102,700,000,000
1971 79,706,300,000,000
1972 85,456,600,000,000
1973 98,188,200,000,000
1974 107,528,000,000,000
1975 115,958,000,000,000
1976 131,289,000,000,000
1977 147,485,000,000,000
1978 163,639,000,000,000
1979 177,828,000,000,000
1980 174,902,000,000,000
1981 187,576,000,000,000
1982 203,216,000,000,000
1983 230,398,000,000,000
1984 254,709,000,000,000
1985 274,675,000,000,000
1986 305,789,000,000,000
1987 344,696,000,000,000
1988 386,017,000,000,000
1989 413,320,000,000,000
1990 454,146,000,000,000
1991 503,094,000,000,000
1992 534,279,000,000,000
1993 571,024,000,000,000
1994 623,950,000,000,000
1995 683,940,000,000,000
1996 737,908,000,000,000
1997 783,441,000,000,000
1998 743,255,000,000,000
1999 828,483,000,000,000
2000 903,551,000,000,000
2001 947,395,000,000,000
2002 1,020,580,000,000,000
2003 1,052,700,000,000,000
2004 1,107,420,000,000,000
2005 1,155,130,000,000,000
2006 1,215,940,000,000,000
2007 1,286,460,000,000,000
2008 1,325,220,000,000,000
2009 1,335,720,000,000,000
2010 1,426,620,000,000,000
2011 1,479,200,000,000,000
2012 1,514,740,000,000,000
2013 1,562,670,000,000,000
2014 1,612,720,000,000,000
2015 1,658,020,000,000,000
2016 1,706,880,000,000,000
2017 1,760,810,000,000,000
2018 1,812,010,000,000,000
2019 1,852,670,000,000,000
2020 1,836,880,000,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts