South Korea Real GDP


South Korea Real GDP: 509845.7 (1.28%)
Last Update: March 31, 2024

South Korea Real GDP closed down 509845.7 as of March 31, 2024 from 503403.3 from the previous month and 472602.2 from last year.


South Korea Real GDP Analytics & Data




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South Korea Real GDP

DateValues
2024-03-31 509845.7
2023-12-31 503403.3
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
2019-03-31 456385.5
2018-12-31 457941.1
2018-09-30 454011.9
2018-06-30 451406.9

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South Korea Real GDP Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
Real GDPkr.realgdp509845.750340318UPUP272024-03-31

South Korea Real GDP Factors

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South Korea Real GDP Historical Data

The MacroVar database offers free access to historical data for the South Korea Real GDP, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Korea Real GDP data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea Real GDP

South Korea's Real GDP measures the total value of all goods and services produced within the country's borders adjusted for inflation. This economic indicator provides a more accurate picture of the country's economic performance as it reflects changes in both the quantity and price of goods and services produced. South Korea's Real GDP is an important measure of the country's economic growth and overall economic health. It is used by policymakers, investors, and analysts to assess the country's economic performance and make informed decisions about future economic policies and investments. Additionally, changes in South Korea's Real GDP can impact factors such as employment rates, inflation, and consumer confidence, making it a crucial metric for understanding the country's economic well-being.