GDP Growth Rate of South Korea

Updated on May 16, 2026.

The Gross Domestic Product (GDP) growth rate of South Korea was 2% in 2025, a difference of +0.42 points compared to 2024, according to recent data from the World Bank.

The chart and table below shows the GDP growth rate of South Korea for 1962-2025.

You can see similar information for other countries.

The World Bank defines annual Gross Domestic Product (GDP) as "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".

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Trend of Annual GDP of South Korea.

Related Topics: World Bank Topic List

Data Source: World Bank.

GDP Growth Rate of South Korea (%)

Table of GDP Growth Rate of South Korea

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Year	GDP Growth Rate (%)
1962	6.92
1963	3.92
1964	9.01
1965	9.43
1966	7.31
1967	12.01
1968	9.15
1969	13.22
1970	14.59
1971	10.17
1972	10.65
1973	7.34
1974	14.98
1975	9.65
1976	7.93
1977	13.26
1978	12.38
1979	11.07
1980	8.74
1981	-1.52
1982	7.4
1983	8.47
1984	13.47
1985	10.64
1986	7.94
1987	11.5
1988	12.89
1989	12.13
1990	7.17
1991	10.03
1992	10.88
1993	6.35
1994	7
1995	9.37
1996	9.74
1997	7.99
1998	6.28
1999	-4.94
2000	11.62
2001	9.2
2002	4.73
2003	7.74
2004	3.08
2005	5.18
2006	4.36
2007	5.25
2008	5.84
2009	3
2010	0.82
2011	6.98
2012	3.69
2013	2.55
2014	3.29
2015	3.22
2016	2.92
2017	3.17
2018	3.43
2019	3.18
2020	2.31
2021	-0.7
2022	4.61
2023	2.73
2024	1.58
2025	2