South Korea

GDP growth in South Korea

GDP growth in South Korea: -1.5% a year in 1980 and 1.1% a year in 2025, by IMF estimates.

Latest, 2025
1.1% a year
Since 1980
+2.7 percentage points
Rank, 2025
119 of 143
counting from the highest
Projected, 2031
1.9% a year
IMF projection (World Economic Outlook, October 2026)

% a year · IMF

GDP growth in South KoreaGDP growth in South Korea: -1.5% a year in 1980 and 1.1% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 1.9% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 1.9% a year in 2031.
  • The highest was 13.5% a year in 1983, the lowest -4.9% a year in 1998.

Every year

% a year · IMF

YearSouth Korea
20251.1
20242.2
20231.5
20222.9
20214.7
2020-0.7
20192.3
20183.2
20173.4
20163.2
20152.9
20143.2
20133.3
20122.5
20113.7
20107
20090.8
20083
20075.8
20065.2
20054.4
20045.2
20033.1
20027.7
20014.7
20009.2
199911.6
1998-4.9
19976.3
19968
19959.7
19949.4
19937
19926.4
199110.9
199010
19897.2
198812.1
198712.9
198611.5
19857.9
198410.6
198313.5
19828.5
19817.4
1980-1.5
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSouth Korea
20263.3
20272.8
20282.3
20292.1
20301.9
20311.9

Good to know

  • How much the economy grew or shrank in a year, after inflation.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 143 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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