South Korea Real GDP


South Korea Real GDP: 503403.3 (0.62%)
Last Update: March 31, 2024

South Korea Real GDP closed down 503403.3 as of March 31, 2024 from 500277.3 from the previous month and 472602.2 from last year.


South Korea Real GDP Analytics & Data




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South Korea Real GDP

Date Values
2024-03-31 503403.3
2023-12-31 500277.3
2023-09-30 500277.3
2023-06-30 497214.1
2023-03-31 494206.1
2022-12-31 492581.2
2022-09-30 494078.1
2022-06-30 492926
2022-03-31 487105.2
2021-12-31 483070.1
2021-09-30 477714.2
2021-06-30 476244.6
2021-03-31 472602.2
2020-12-31 464517.7
2020-09-30 459271.8
2020-06-30 448209.3
2020-03-31 462805.5
2019-12-31 468814.3
2019-09-30 462744.8
2019-06-30 461013.9


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South Korea Real GDP Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
Real GDP kr.realgdp 503403 500277 1 7 UP UP 20 2024-03-31

South Korea Real GDP Factors

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What is the South Korea Real GDP

Welcome to our webpage showcasing current and historical data, trends, signals, analytics, and charts for South Korea Real GDP. Understanding South Korea Real GDP is essential for an in-depth analysis of the country's economic performance and growth.

South Korea Real GDP, also known as Real Gross Domestic Product, refers to the total value of all goods and services produced within the country's borders, adjusted for inflation. It is a widely used indicator to measure the economic health and growth of a nation over a specific period of time.

Interpreting South Korea Real GDP is crucial in forming a comprehensive understanding of the country's economic performance. A positive growth in the Real GDP indicates that the economy is expanding, leading to increased employment opportunities, higher incomes, and potential improvements in living standards. Conversely, a negative or low growth may indicate economic contraction or slower growth, potentially leading to job losses and reduced economic activity.

On our webpage, you will find a range of charts, analytics, and data that provide insights into South Korea's Real GDP. These resources help you understand the historical trends, patterns, and fluctuations in the country's economic growth. The data is presented in easy-to-read charts and graphs, allowing you to spot key turning points, growth cycles, and other important aspects of the South Korean economy.

Additionally, our webpage offers the functionality to export historical data for free, enabling you to conduct your own in-depth analysis. This feature allows researchers, economists, analysts, and policymakers to access the data and conduct further analysis according to their specific needs.

To further enhance your analysis, we also offer MacroVar signals, trends, and analysis on our webpage. These indicators provide valuable insights into the potential future direction of South Korea's Real GDP, helping you make informed decisions and understand the potential risks and opportunities in the economy.

So, whether you are an economist, investor, student, or simply someone interested in monitoring and understanding the South Korean economy, our webpage provides a comprehensive range of resources to help you analyze South Korea Real GDP, its trends, and make sense of the country's economic growth.

South Korea Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
KOSPI KOSPI 2494.28 0 -0.25 -0.17855 53.6566 -0.00822 -0.0109 0.02059 0.03571
South Korea ETF EWY 56.25 -1 -1 -2.00251 41.5579 0.02366 -0.00248 -0.02597 0.0857
Korean Won US Dollar (KRW/USD) KRWUSD 1334.34 -1 0.75 0.75369 41.5042 -0.01074 -0.01421 -0.00891 0.0135
South Korea 5-Year Bond Yield KR.5Y 3.719 -1 1 0.97655 42.5779 -0.00668 -0.03201 -0.00295 0.06531
South Korea 2-year bond yield KR.2Y 3.76 1 1 1.11385 54.38 -0.87 0.83 0.7 -0.4
South Korea Yield Curve KR.YC 0.266 -0.5 1 1.90389 49.4473 -0.10135 -0.32143 -0.07958 -10.8518
South Korea Credit Default Swaps CDS.South Korea 26.75 -0.5 -0.75 -1.47372 31.2202 0 0.00943 -0.10084 -0.50463
Export-Import Bank of Korea Credit Default Swaps CDS.Export-Import-Bank-of-Korea 39 -0.5 -0.75 -1.11528 43.6042 0.01299 0.00645 -0.025 -0.25
South Korea Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade kr.balanceoftrade 3800 1630 133 -154 UP UP 22 2023-11-30
bank lending rate kr.banks.lendingrate 5.17 5.12 1 33 UP UP 78 2023-06-30
business confidence kr.bizconfidence 71 70 1 1 UP UP 63 2024-03-31
capacity utilization kr.caputilization 102.6 104.1 -1 2 UP UP 87 2024-01-31
capital flows kr.capitalflows 2830.2 5679.7 -50 -562 Down UP 8 2024-01-31
car registrations kr.carregistrations 98253 125490 -22 -14 Down Down 13 2024-02-29
central bank balance sheet kr.cb.assets 511284 536402 -5 -8 Down Down 10 2024-01-31
consumer confidence kr.consconfidence 100.7 101.9 -1 12 UP UP 80 2024-02-29
consumer price index cpi kr.cpi 113.77 113.15 1 3 UP UP 78 2024-01-31
core inflation rate kr.coreinflationrate 3.31 3.64 -9 38 Down UP 65 2022-11-30
current account kr.currentaccount 3045.7 7414.6 -59 -688 Down UP 3 2024-02-29
current account to gdp kr.currentaccountgdp 1.8 4.7 -62 12 Down UP 0 2023-01-31
deposit interest rate kr.depositrate 3.61 3.52 3 60 Down UP 70 2023-05-31
exports kr.exports 52402.6 54753.3 -4 6 Down UP 61 2024-04-30
external debt kr.externaldebt 663631 649322 2 22 UP UP 59 2023-12-31
fiscal expenditure kr.fiscalexp 520917 478607 9 -13 UP Down 12 2023-11-30
foreign direct investment kr.fdi 8771740 6854930 28 85 UP UP 88 2024-03-31
foreign exchange reserves kr.fxreserves 415729 415759 -0 -2 Down Down 30 2024-03-31
gdp kr.gdp 1665.25 1798.53 -7 46 UP UP 0 2022-12-31
Real GDP kr.realgdp 503403 500277 1 7 UP UP 20 2024-03-31
gdp growth kr.gdpgrowth 0.6 0.6 0 0 UP Down 64 2024-03-31
gdp growth annual kr.gdpgrowthan 2.2 1.4 57 16 Down UP 75 2024-03-31
gold reserves kr.goldres 104.45 104.45 0 0 UP Down 25 2021-03-31
government budget kr.govbudget -7 -5.2 35 536 Down Down 0 2022-01-31
Government budget kr.govbudgetvalue -19455 -10444 86 -62 UP UP 31 2023-11-30
government debt to gdp kr.govdebtgdp 49.6 46.9 6 61 UP UP 0 2022-01-31
government revenues kr.govrev 501462 468163 7 -8 UP Down 20 2023-11-30
housing index kr.housingindex 93.4 93.5 0 -7 Down Down 23 2023-07-31
imports kr.imports 48112.3 54355.2 -11 -19 Down Down 7 2024-03-31
industrial production kr.indproduction 12.9 6.1 111 -202 UP UP 35 2024-01-31
industrial production mom kr.indproductionmm -1.3 -0.5 160 -154 Down Down 37 2024-01-31
inflation cpi kr.inflationcpi 3.1 2.8 11 -40 Down Down 32 2024-01-31
interbank rate kr.interbankrate 3.67 3.67 0 -1 Down Down 32 2023-08-15
interest rate kr.interestrate 3.5 3.5 0 56 UP UP 67 2023-07-13
loans to private sector kr.loanprivate 12624000 12544300 1 7 UP UP 26 2024-02-29
Manufacturing PMI kr.manpmi 50.7 51.2 -1 5 UP UP 78 2024-01-31
money supply m0 kr.msm0 171057000 170324000 0 4 UP UP 21 2024-01-31
money supply m1 kr.msm1 1223180 1231940 -1 2 UP UP 30 2024-01-31
money supply m2 kr.msm2 3917550 3894830 1 3 UP UP 12 2024-01-31
money supply m3 kr.msm3 5350000 5314600 1 5 UP UP 24 2024-01-31
Producer Price Index kr.producerprices 121.8 121.19 1 1 UP UP 46 2024-01-31
PPI Index kr.producerpricesch 1 -0.3 -433 -88 Down Down 40 2023-08-31
retail sales MoM kr.retailsales 0.8 0.6 33 -173 UP UP 0 2024-01-31
retail sales kr.retailsalesan -3.4 -2.2 55 100 Down Down 85 2024-01-31
unemployment rate kr.unemploymentrate 2.6 3 -13 0 Down Down 68 2024-02-29
youth unemployment rate kr.ytunemploymentrate 5.5 5.3 4 -4 Down Down 60 2023-10-31