Korea - GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Korea was 2,194,530,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,213,390,000,000 in 2019 and 542,571,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 542,571,000,000
1991 601,049,000,000
1992 638,306,000,000
1993 682,205,000,000
1994 745,437,000,000
1995 817,107,000,000
1996 881,583,000,000
1997 935,981,000,000
1998 887,971,000,000
1999 989,794,000,000
2000 1,079,480,000,000
2001 1,131,860,000,000
2002 1,219,300,000,000
2003 1,257,670,000,000
2004 1,323,040,000,000
2005 1,380,040,000,000
2006 1,452,690,000,000
2007 1,536,940,000,000
2008 1,583,250,000,000
2009 1,595,800,000,000
2010 1,704,390,000,000
2011 1,767,210,000,000
2012 1,809,660,000,000
2013 1,866,930,000,000
2014 1,926,720,000,000
2015 1,980,850,000,000
2016 2,039,220,000,000
2017 2,103,650,000,000
2018 2,164,810,000,000
2019 2,213,390,000,000
2020 2,194,530,000,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity