South Korea GDP Growth Rate
3.7%▼ −0.03 pt
Jun 2026 · Quarterly
South Korea's economy grew 3.75% year-on-year in the second quarter of 2026, slightly down from the 3.78% expansion in the prior quarter which was the highest in the available data since 2023. The reading remains well below the all-time high of 19.75% set in 1969.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.7% | 3.8% | 19.8%Dec 1969 | -7.1%Jun 1998 | 1961 – 2026 | Quarterly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| GDP | $1.87T | $1.88T | $1.94T | $2.4B | Dec 2025 | Annual |
| Industrial Production | 5.5% | 4.4% | 35.2% | -21.6% | Jul 2026 | Monthly |
About this series
GDP Growth Rate in South Korea averaged 4.7% from 1961 until 2026, reaching an all-time high of 19.8% in Dec 1969 and a record low of -7.1% in Jun 1998. The series is reported quarterly with history from 1961.
Real GDP growth measures the year-over-year change in the inflation-adjusted output of goods and services in South Korea. The data are reported quarterly as a percentage change. The series spans from the first quarter of 1961 to the present. It reflects the volume of economic activity adjusted for price changes.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ