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South Korea GDP Growth
2%as of 2024
South Korea's gdp growth stands at 2% as of 2024. The indicator has increased from null% in 2014 to 2% in 2024. Source: World Bank WDI.
Historical trend (2014–2024)
GDP Growth — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 2.9% | — |
| 2016 | 3.2% | +0.3pp |
| 2017 | 3.4% | +0.2pp |
| 2018 | 3.2% | -0.2pp |
| 2019 | 2.3% | -0.9pp |
| 2020 | -0.7% | -3.0pp |
| 2021 | 4.6% | +5.3pp |
| 2022 | 2.7% | -1.9pp |
| 2023 | 1.6% | -1.1pp |
| 2024 | 2% | +0.4pp |
Source: World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.