Korea, Rep. 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$1.65 trillion
↓ 4.29% vs 2018GDP per Capita
$31,902.42
↓ 4.62% vs 2018GDP Growth (Annual %)
2.24%
↓ 0.66pp vs 2018Inflation Rate (CPI %)
0.38%
↓ 1.09pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.73 trillion | $1.65 trillion | -4.29% |
| GDP per Capita | $33,447.16 | $31,902.42 | -4.62% |
| GDP Growth (Annual %) | 2.91% | 2.24% | -0.66pp |
| Inflation (CPI %) | 1.48% | 0.38% | -1.09pp |
| Unemployment Rate (%) | 3.82% | 3.75% | -0.08pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $1.65 trillion
- GDP per Capita
- $31,902.42
- GDP Growth (Annual %)
- 2.24%
- Gross National Income
- $1.67 trillion
Prices & Employment
- Inflation (CPI %)
- 0.38%
- Inflation (GDP Deflator %)
- -0.84%
- Unemployment Rate (%)
- 3.75%
- Interest Rate (Real %)
- 4.32%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 3.61%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Korea, Rep.'s Gross Domestic Product (GDP) is $1.65 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Korea, Rep. for 2019 is $31,902.42. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Korea, Rep. for 2019 is 0.38%. This measures the annual percentage change in the cost of consumer goods and services.
Korea, Rep.'s annual GDP growth rate for 2019 is 2.24%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Korea, Rep. for 2019 is 3.75%. This represents the percentage of the labor force that is unemployed and actively seeking employment.