South Korea Real GDP Growth Rate, Quarter-over-Quarter
1961–2023
- South Korea Real GDP increased 2.5% quarter-over-quarter (annualized) in Q4 2023, following an increase of 2.5% in the previous quarter.
- South Korea Real GDP Growth Rate, Quarter-over-Quarter averaged 7.3% from Q1 1961 to Q4 2023, reaching an all time high of 36.4% in Q3 1969 and a record low of -24.6% in Q1 1998.
Source: Bank of Korea, Augur Labs LLC
Related Indicators
Name | Reference | Last | Previous | Unit |
---|---|---|---|---|
Real GDP Growth Rate, Quarter-over-Quarter | Q4 2023 | 2.5 | 2.5 | percent |
Real GDP Growth Rate, Year-over-Year | Q4 2023 | 2.2 | 1.3 | percent |
Nominal GDP, National Currency | Q4 2023 | 2,291,701 | 2,255,649 | billion |
Nominal GDP, USD | Q4 2023 | 1,736 | 1,717 | billion (USD) |
Real Consumption Expenditures Growth Rate, Quarter-over-Quarter | Q4 2023 | 0.8 | 1.1 | percent |
Real Consumption Expenditures Growth Rate, Year-over-Year | Q4 2023 | 0.8 | 0.0 | percent |
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