Korea (South Korea) Fiscal Year Gross Domestic Product, Current Prices Statistics

16, Oct 2019, EDT.

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Country or Region: Korea (South Korea) › Change country
Economic Indicator: Fiscal Year Gross Domestic Product, Current Prices › See all Korea indicators, › See Fiscal Year Gross Domestic Product, Current Prices data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: South Korean Won
Currency Symbol: KRW

Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices. Source: Ministry of Finance or Treasury Latest actual data: 2014 Fiscal assumptions: The medium-term forecast incorporates the government?s announced medium-term consolidation path. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash General government includes: Central Government;. For government gross/net debt only, general government includes central government and local government, starting from 2001. Valuation of public debt: Nominal value Primary domestic currency: Korean won Data last updated: 03/2016

Fiscal Year Gross Domestic Product, Current Prices Statistics for Korea (South Korea), Year 2015 - In Detail

Fiscal Year Gross Domestic Product, Current Prices for Korea is KRW 1,557,454.12 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

In the previous year, 2014, Fiscal Year Gross Domestic Product, Current Prices for Korea was KRW 1,485,078.00 Billions Fiscal Year Gross Domestic Product, Current Prices for Korea in 2015 was or will be 4.87% more than it was or will be in 2014.

In the following or forecasted year, 2016, Fiscal Year Gross Domestic Product, Current Prices for Korea was or will be KRW 1,607,794.61 Billions, which is 3.23% more than the 2015 figure.

* Source: IMF
Fiscal Year Gross Domestic Product, Current Prices for Korea, in other Years
Year Billions
  2021 2,046,515.94
  2020 1,948,939.30
  2019 1,857,262.21
  2018 1,770,994.68
  2017 1,688,745.23
  2016 1,607,794.61
2015 1,557,454.12
  2014 1,485,078.00
  2013 1,429,445.40
  2012 1,377,456.60
  2011 1,332,681.00
  2010 1,265,308.00
  2009 1,151,707.80
  2008 1,104,492.20
  2007 1,043,257.80
  2006 966,054.60
  2005 919,797.30
  2004 876,033.10
  2003 810,915.40
  2002 761,938.90
  2001 688,164.80
  2000 635,184.50
  1999 576,872.80
  1998 524,476.70
  1997 530,347.10
  1996 481,140.80
  1995 428,927.20
  1994 366,054.20
  1993 310,073.70
  1992 273,267.40
  1991 238,877.20
  1990 197,712.30
  1989 163,518.10
  1988 144,073.40
  1987 120,204.90
  1986 101,840.20
  1985 87,239.60
  1984 77,855.60
  1983 67,509.30
  1982 56,858.60
  1981 49,324.00
  1980 39,471.40