Korea, Rep. 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$1.67 trillion
↓ 7.95% vs 2021GDP per Capita
$32,394.68
↓ 7.77% vs 2021GDP Growth (Annual %)
2.61%
↓ 1.69pp vs 2021Inflation Rate (CPI %)
5.09%
↑ 2.59pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.82 trillion | $1.67 trillion | -7.95% |
| GDP per Capita | $35,125.52 | $32,394.68 | -7.77% |
| GDP Growth (Annual %) | 4.30% | 2.61% | -1.69pp |
| Inflation (CPI %) | 2.50% | 5.09% | +2.59pp |
| Unemployment Rate (%) | 3.64% | 2.86% | -0.78pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $1.67 trillion
- GDP per Capita
- $32,394.68
- GDP Growth (Annual %)
- 2.61%
- Gross National Income
- $1.70 trillion
Prices & Employment
- Inflation (CPI %)
- 5.09%
- Inflation (GDP Deflator %)
- 1.28%
- Unemployment Rate (%)
- 2.86%
- Interest Rate (Real %)
- 2.98%
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)
- 1.54%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, Korea, Rep.'s Gross Domestic Product (GDP) is $1.67 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Korea, Rep. for 2022 is $32,394.68. 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 2022 is 5.09%. This measures the annual percentage change in the cost of consumer goods and services.
Korea, Rep.'s annual GDP growth rate for 2022 is 2.61%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Korea, Rep. for 2022 is 2.86%. This represents the percentage of the labor force that is unemployed and actively seeking employment.