Makrognosis

South Korea GDP (Gross Domestic Product)

QuarterlyReal (inflation-adjusted)Code KR.GDP.Q.REAL

Latest (y/y)3.4%Q3 2026
Previous (y/y)3.8%Q2 2026
Level606,288 KRW billionQ3 2026

South Korea GDP (Gross Domestic Product) was up 3.4% year on year in Q3 2026, compared with 3.8% in Q2 2026.

The level stood at 606,288 KRW billion.

Among the 60 economies Makrognosis covers on this measure, it is the 28th highest.

Over the past ten years it has ranged from −2.8% (Q2 2020) to 6.9% (Q2 2021), averaging 2.4%.

South Korea GDP (Gross Domestic Product), annual % change, Q1 2017 – Q3 2026−4%−2%0%2%4%6%20182020202220242026Robomacro
South Korea GDP (Gross Domestic Product), annual % change, Q1 2017 – Q3 2026. Source: Bank of Korea.
South Korea GDP (Gross Domestic Product), level (KRW billion)450k500k550k600k201620182020202220242026Robomacro
South Korea GDP (Gross Domestic Product), level (KRW billion).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q3 2026606,288 KRW billion3.4
Q2 2026600,475 KRW billion3.8
Q1 2026596,693 KRW billion3.8
Q4 2025585,964 KRW billion1.7
Q3 2025586,600 KRW billion2.1
Q2 2025578,719 KRW billion0.8
Q1 2025574,984 KRW billion−0.03
Q4 2024575,977 KRW billion1.2
Q3 2024574,619 KRW billion1.7
Q2 2024574,302 KRW billion2.6
Q1 2024575,171 KRW billion3.4
Q4 2023569,404 KRW billion2.6
Q3 2023565,273 KRW billion1.5
Q2 2023559,921 KRW billion0.8
Q1 2023556,108 KRW billion1.1
Q4 2022554,877 KRW billion1.3
Q3 2022557,104 KRW billion3.5
Q2 2022555,670 KRW billion3.2
Q1 2022550,177 KRW billion3.6
Q4 2021547,618 KRW billion4.8
Q3 2021538,184 KRW billion4.5
Q2 2021538,271 KRW billion6.9
Q1 2021531,070 KRW billion2.7
Q4 2020522,735 KRW billion−0.3

Last 24 observations. The full history (43 observations) is available through the API.

Get South Korea GDP (Gross Domestic Product) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.REAL"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.REAL",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ3 2026
First observationQ1 2016
Observations43
FrequencyQuarterly
UnitsKRW billion
AdjustmentReal (inflation-adjusted)
10-year high6.9% (Q2 2021)
10-year low−2.8% (Q2 2020)
10-year average2.4%
Source agencyBank of Korea
Makrognosis codeKR.GDP.Q.REAL

GDP (Gross Domestic Product): how South Korea compares

#EconomyPeriodLatest
1TaiwanQ2 202612.9%
2KosovoQ1 20269.7%
3LithuaniaQ3 20269.3%
4SloveniaQ2 20268.4%
5North MacedoniaQ2 20268.3%
23Hong KongQ2 20264.3%
24PolandQ2 20264.0%
25SerbiaQ2 20263.8%
26IrelandQ3 20263.7%
27ColombiaQ2 20263.5%
28South KoreaQ3 20263.4%
29SwedenQ2 20263.2%
30BulgariaQ2 20262.8%
31SpainQ3 20262.7%
32PortugalQ2 20262.6%
33PeruQ2 20262.6%
34New ZealandQ2 20262.6%

GDP (Gross Domestic Product) by country: all 60 economies ranked →

More South Korea GDP (Gross Domestic Product) series

South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (less) Imports of goods and services (BOK ECOS)South Korea Korea: (less) Imports of goods and services (BOK ECOS)South Korea Korea: Accommodation and food services (BOK ECOS)South Korea Korea: Accommodation and food services (BOK ECOS)South Korea Korea: Agriculture, forestry and fishing (BOK ECOS)South Korea Korea: Agriculture, forestry and fishing (BOK ECOS)South Korea Korea: Arts, sports and recreation (BOK ECOS)South Korea Korea: Arts, sports and recreation (BOK ECOS)South Korea Korea: Basic metals (BOK ECOS)South Korea Korea: Basic metals (BOK ECOS)South Korea Korea: Building construction and repair (BOK ECOS)South Korea Korea: Building construction and repair (BOK ECOS)

Other South Korea indicators

South Korea Korea: GDP at market prices, SA, current prices (BOK ECOS)South Korea Inflation Rate (CPI)South Korea Core Inflation RateSouth Korea Unemployment RateSouth Korea 10-Year Government Bond YieldSouth Korea Credit Rating & Sovereign Risk ScoreSouth Korea Industrial ProductionSouth Korea Korea industrial production index, original (not seasonally adjusted), 2020=100 (KOSTAT via BOK ECOS)South Korea Producer Price Inflation (PPI)South Korea Korea: Current Account, monthly, NSA (BOK ECOS, USD mn)South Korea Korea: Current Account, monthly, SA (BOK ECOS, USD mn)South Korea Korea: Exports of Goods (Korea Customs Service final, BOK ECOS 901Y092 E100; thousand USD x 0.001 = USD mn)South Korea Korea: Imports of Goods (Korea Customs Service final, BOK ECOS 901Y092 I100; thousand USD x 0.001 = USD mn)South Korea Korea consumer sentiment index (KOSTAT via BOK ECOS 511Y002 FME 99988)South Korea M2 Money StockSouth Korea Capacity Utilization

FAQ

What is the current gDP (Gross Domestic Product) in South Korea?
The latest reading is 3.4% year on year for Q3 2026, published by Bank of Korea.
Where does this data come from?
It is collected directly from Bank of Korea and is available through the Makrognosis API under the code KR.GDP.Q.REAL.

Last updated 2026-10-26. Source: Bank of Korea. Original title: “Korea: GDP at market prices, SA, chained 2020 (BOK ECOS)”.