South Korea flag

Economy of South Korea

GDP, industries, trade data, and economic indicators

GDP
$1,665,250M
USD (nominal)
GDP per Capita
$32,250
USD per person
GDP Growth
+2.6%
Annual rate
HDI Score
0.925
Rank #19 worldwide
Unemployment
2.9%
Of labor force
Inflation
3.6%
Consumer prices

GDP per Capita Comparison

South Korea $32,250
United States (reference) $76,330

South Korea's GDP per capita is 42.3% of the US level.

Major Industries

Electronics Automotive Shipbuilding Steel Petrochemicals

International Trade

Top Exports

  1. 1 Semiconductors
  2. 2 Vehicles
  3. 3 Machinery
  4. 4 Ships
  5. 5 Petrochemicals

Top Imports

  1. 1 Petroleum
  2. 2 Semiconductors
  3. 3 Natural Gas
  4. 4 Coal
  5. 5 Machinery

Top Trade Partners

Currency

South Korean Won
Currency code: KRW

Human Development Index (HDI)

#19
World Ranking
HDI Score: 0.925 Very High Development
0.0 0.55 0.70 0.80 1.0

Frequently Asked Questions

What is the GDP of South Korea?
The GDP of South Korea is approximately $1,665,250 million USD.
What are the major industries in South Korea?
The major industries in South Korea include Electronics, Automotive, Shipbuilding, Steel, Petrochemicals.
What currency does South Korea use?
South Korea uses the South Korean Won (KRW).
What is the unemployment rate in South Korea?
The unemployment rate in South Korea is approximately 2.9%.
What does South Korea export?
South Korea's top exports include Semiconductors, Vehicles, Machinery, Ships, Petrochemicals.