East Asia & Pacific

🇰🇷 Korea, Rep.

Real-time economic and demographic statistics for Korea, Rep.

GDP

#13

of 214

Population

#30

of 217

GDP per Capita

#50

of 214

GDP Growth

#94

of 214

Share of World

1.54%

of world GDP

Income Level

High income

Korea, Rep. GDP
+1.36%annual growth

Data year: 2023

Verified: Nov 2025

Korea, Rep. GDP (2014–2023)

+1.36%annual growth

Demographics
51.8M

Population

+0.07%annual growth

Data year: 2024

Verified: Nov 2025

Economics
$33,121

GDP per Capita

+2.24%annual growth

Data year: 2023

Verified: Nov 2025

Economics
+1.36%

GDP Growth Rate

-1.26ppannual change

Data year: 2023

Verified: Nov 2025

Labor Market
2.60%

Unemployment Rate

-0.07ppannual change
Economics
+2.32%

Inflation Rate

-1.28ppannual change

Data year: 2024

Verified: Nov 2025

Frequently Asked Questions

What is Korea, Rep.'s GDP?
Korea, Rep.'s GDP is approximately $1.7 trillion (2023, representing 1.5% of world GDP), making it the #13 largest economy out of 214 countries. Data sourced from the World Bank.
What is Korea, Rep.'s population?
Korea, Rep. has a population of approximately 51.8M — the #30 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
What is Korea, Rep.'s GDP per capita?
Korea, Rep.'s GDP per capita is approximately $33,121, ranking #50 globally. This metric reflects average economic output per person and is a key indicator of living standards.
How fast is Korea, Rep.'s economy growing?
Korea, Rep.'s economy is currently growing at approximately 1.4% per year, ranking #94 globally by GDP growth rate. Data sourced from the World Bank.
What region is Korea, Rep. in?
Korea, Rep. is located in the East Asia & Pacific region and is classified as a high income economy by the World Bank. This classification is based on gross national income (GNI) per capita.