South Korea Real GDP Growth Rate, Year-over-Year
1912–2024
- South Korea Real GDP increased 2.3% year-over-year in Q2 2024, following an increase of 3.1% in the previous quarter.
- South Korea Real GDP Growth Rate, Year-over-Year averaged 5.7% from Q4 1912 to Q2 2024, reaching an all time high of 29.2% in Q4 1953 and a record low of -20.5% in Q4 1945.
Source: Bank of Korea, Augur Labs LLC
Related Indicators
| Name | Reference | Last | Previous | Unit |
|---|---|---|---|---|
| Real GDP Growth Rate, Quarter-over-Quarter | Q2 2024 | -0.9 | 5.3 | percent |
| Real GDP Growth Rate, Year-over-Year | Q2 2024 | 2.3 | 3.1 | percent |
| Nominal GDP, National Currency | Q2 2024 | 2,553,014 | 2,528,569 | billion |
| Nominal GDP, USD | Q2 2024 | 1,862 | 1,900 | billion (USD) |
| Real Consumption Expenditures Growth Rate, Quarter-over-Quarter | Q2 2024 | -1.0 | 2.7 | percent |
| Real Consumption Expenditures Growth Rate, Year-over-Year | Q2 2024 | 0.8 | 0.7 | percent |
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