South Korea Real GDP Growth Rate, Year-over-Year
1912–2023
- South Korea Real GDP increased 2.2% year-over-year in Q4 2023, following an increase of 1.3% in the previous quarter.
- South Korea Real GDP Growth Rate, Year-over-Year averaged 6.5% from Q4 1912 to Q4 2023, 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 | 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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