# South Korea GDP (Gross Domestic Product)

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%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.REAL`
- Frequency: quarterly
- Units: KRW billion
- Coverage: 2016-01-01 to 2026-07-01 (43 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/gdp-gross-domestic-product

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q3 2026 | 606,288 KRW billion | 3.4 |
| Q2 2026 | 600,475 KRW billion | 3.8 |
| Q1 2026 | 596,693 KRW billion | 3.8 |
| Q4 2025 | 585,964 KRW billion | 1.7 |
| Q3 2025 | 586,600 KRW billion | 2.1 |
| Q2 2025 | 578,719 KRW billion | 0.8 |
| Q1 2025 | 574,984 KRW billion | −0.03 |
| Q4 2024 | 575,977 KRW billion | 1.2 |
| Q3 2024 | 574,619 KRW billion | 1.7 |
| Q2 2024 | 574,302 KRW billion | 2.6 |
| Q1 2024 | 575,171 KRW billion | 3.4 |
| Q4 2023 | 569,404 KRW billion | 2.6 |
| Q3 2023 | 565,273 KRW billion | 1.5 |
| Q2 2023 | 559,921 KRW billion | 0.8 |
| Q1 2023 | 556,108 KRW billion | 1.1 |
| Q4 2022 | 554,877 KRW billion | 1.3 |
| Q3 2022 | 557,104 KRW billion | 3.5 |
| Q2 2022 | 555,670 KRW billion | 3.2 |
| Q1 2022 | 550,177 KRW billion | 3.6 |
| Q4 2021 | 547,618 KRW billion | 4.8 |
| Q3 2021 | 538,184 KRW billion | 4.5 |
| Q2 2021 | 538,271 KRW billion | 6.9 |
| Q1 2021 | 531,070 KRW billion | 2.7 |
| Q4 2020 | 522,735 KRW billion | −0.3 |

## API

```
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"]
```