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 (2014–2023)
+1.36%annual growth
Chart data: 2014: 1,484,488,526,271.8 USD, 2015: 1,466,038,936,206.43 USD, 2016: 1,499,679,823,909.61 USD, 2017: 1,623,074,183,501.9 USD, 2018: 1,725,373,496,825.43 USD, 2019: 1,651,422,932,447.77 USD, 2020: 1,644,312,831,906.17 USD, 2021: 1,818,432,106,880.04 USD, 2022: 1,673,916,511,799.71 USD, 2023: 1,712,792,854,202.37 USD
Demographics
51.8M
Population
+0.07%annual growth
Labor Market
2.60%
Unemployment Rate
-0.07ppannual change
Verified: Nov 2025
Economics
+2.32%
Inflation Rate
-1.28ppannual change
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.
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