Korea, Rep. 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$1.82 trillion
↑ 10.59% vs 2020GDP per Capita
$35,125.52
↑ 10.73% vs 2020GDP Growth (Annual %)
4.30%
↑ 5.01pp vs 2020Inflation Rate (CPI %)
2.50%
↑ 1.96pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.64 trillion | $1.82 trillion | +10.59% |
| GDP per Capita | $31,721.30 | $35,125.52 | +10.73% |
| GDP Growth (Annual %) | -0.71% | 4.30% | +5.01pp |
| Inflation (CPI %) | 0.54% | 2.50% | +1.96pp |
| Unemployment Rate (%) | 3.93% | 3.64% | -0.29pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $1.82 trillion
- GDP per Capita
- $35,125.52
- GDP Growth (Annual %)
- 4.30%
- Gross National Income
- $1.84 trillion
Prices & Employment
- Inflation (CPI %)
- 2.50%
- Inflation (GDP Deflator %)
- 2.76%
- Unemployment Rate (%)
- 3.64%
- Interest Rate (Real %)
- 0.12%
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)
- 4.69%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Korea, Rep.'s Gross Domestic Product (GDP) is $1.82 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Korea, Rep. for 2021 is $35,125.52. 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 2021 is 2.50%. This measures the annual percentage change in the cost of consumer goods and services.
Korea, Rep.'s annual GDP growth rate for 2021 is 4.30%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Korea, Rep. for 2021 is 3.64%. This represents the percentage of the labor force that is unemployed and actively seeking employment.