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South Korea Full Year GDP Growth

GDP
South Korea
Source: South Korea Full Year GDP Growth, released on Dec 31 by The Bank of Korea
2.00%
Overview
Current Value
2.00%
Average Value (10 years)
2.41%
Statistical Analysis
Current Status
Normal
Historical Average
2.41%
Long-term mean
Historical Data
DateValueChange
12-31-20242.00%+0.60%
12-31-20231.40%-1.30%
12-31-20222.70%-1.90%
12-31-20214.60%+5.30%
12-31-2020-0.70%-3.00%
Forecast & Analysis

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Next Period Forecast
2.00%
3-Month Outlook
Moderate Growth
Based on economic models
12-Month Outlook
Stable
Long-term projection

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Key Information
Current Value2.00%
Average Value (10 years)2.41%

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Economic data last updated May 18, 2025