South Korea Gross Domestic Product (GDP): Double Hit Scenario

1960 - 2021 | Quarterly | KRW bn | Organisation for Economic Co-operation and Development

South Korea Gross Domestic Product (GDP): Double Hit Scenario data was reported at 1,910,000.000 KRW bn in Dec 2021. This records an increase from the previous number of 1,900,000.000 KRW bn for Sep 2021. South Korea Gross Domestic Product (GDP): Double Hit Scenario data is updated quarterly, averaging 220,000.000 KRW bn from Mar 1960 (Median) to Dec 2021, with 248 observations. The data reached an all-time high of 1,940,000.000 KRW bn in Dec 2019 and a record low of 225.000 KRW bn in Mar 1960. South Korea Gross Domestic Product (GDP): Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: GDP by Expenditure: Forecast: OECD Member: Quarterly. GDP-Gross domestic product, value, market prices Expenditure approach System of national Accounts 2008:https://unstats.un.org/unsd/nationalaccount/docs/sna2008.pdf European system of accounts ESA2010:https://ec.europa.eu/eurostat/documents/3859598/5925693/KS-02-13-269-EN.PDF/44cd9d01-bc64-40e5-bd40-d17df0c69334 Understanding NATIONAL ACCOUNTS:https://www.oecd.org/sdd/UNA-2014.pdf

View South Korea's South Korea Gross Domestic Product (GDP): Double Hit Scenario from Mar 1960 to Dec 2021 in the chart:

South Korea South Korea Gross Domestic Product (GDP): Double Hit Scenario

What was South Korea's South Korea Gross Domestic Product (GDP): Double Hit Scenario in Dec 2021?

Last Previous Min Max Unit Frequency Range
1,910,000.000 Dec 2021 1,900,000.000 Sep 2021 225.000 Mar 1960 1,940,000.000 Dec 2019 KRW bn quarterly Mar 1960 - Dec 2021

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South Korea Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 70,250.328 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 41,380.693 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.340 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 1.4 Mar 2023 quarterly Mar 1961 - Mar 2023
GDP per Capita (USD) 35,569.900 2023 yearly 1953 - 2023
Gross Fixed Capital Formation (USD mn) 142,352.154 Jun 2024 quarterly Mar 1960 - Jun 2024
Gross National Product (GNP) (USD mn) 464,471.165 Jun 2024 quarterly Mar 1960 - Jun 2024
Gross Savings Rate (%) 34.0 Dec 2022 quarterly Mar 1970 - Dec 2022
Investment: % of GDP (%) 30.7 Jun 2024 quarterly Mar 1960 - Jun 2024
Nominal GDP (USD mn) 429,247.3 Mar 2023 quarterly Mar 1960 - Mar 2023
Nominal GDP Growth (%) 7.226 Jun 2024 quarterly Mar 1961 - Jun 2024
Private Consumption Expenditure (USD mn) 224,283.704 Jun 2024 quarterly Mar 1960 - Jun 2024
Private Consumption: % of GDP (%) 47.6 Jun 2024 quarterly Mar 1960 - Jun 2024
Public Consumption Expenditure (USD mn) 80,114.680 Jun 2024 quarterly Mar 1960 - Jun 2024
Public Consumption: % of GDP (%) 17.7 Jun 2024 quarterly Mar 1960 - Jun 2024
Real GDP Growth (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 85.828 Jun 2024 quarterly Mar 1960 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 128.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) 2.3 Aug 2024 monthly Jan 1958 - Aug 2024
Minerals Production (Metric Ton) 5,520,318.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 4,243,597.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 5.800 2021 yearly 1986 - 2021
Construction and Properties Last Frequency Range
Building Permits (Unit) 9,223.000 Sep 2024 monthly Oct 1979 - Sep 2024
House Prices Growth (%) -0.2 Sep 2024 monthly Jan 1987 - Sep 2024
Nominal Residential Property Price Index (2010=100) 142.242 Jun 2024 quarterly Mar 1975 - Jun 2024
Nominal Residential Property Price Index Growth (%) -0.959 Jun 2024 quarterly Mar 1976 - Jun 2024
Real Residential Property Price Index (2010=100) 107.786 Jun 2024 quarterly Mar 1975 - Jun 2024
Real Residential Property Price Index Growth (%) -3.534 Jun 2024 quarterly Mar 1976 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Forecast: Government Expenditure (KRW bn) 700,035.486 2029 yearly 1995 - 2029
Forecast: Government Net Debt (KRW bn) 1,793,717.560 2029 yearly 1990 - 2029
Forecast: Government Revenue (KRW bn) 701,179.384 2029 yearly 1995 - 2029
Government Debt: % of GDP (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 2024
National Government Debt (USD mn) 832,443.4 Jun 2024 quarterly Sep 2002 - Jun 2024
Tax Revenue (USD mn) 17,314.818 Aug 2024 monthly Jan 2000 - Aug 2024
Consolidated Fiscal Balance (USD mn) 1,471.760 Aug 2024 monthly Jul 1999 - Aug 2024
Tax Revenue: % of GDP (%) 13.2 Jun 2024 quarterly Mar 2000 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 28,616,000.000 Sep 2024 monthly Jan 1983 - Sep 2024
Forecast: Employment (Person mn) 28.727 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 51.305 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.000 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 64.6 Sep 2024 monthly Jun 1999 - Sep 2024
Labour Productivity Growth (%) 1.78 Jun 2024 quarterly Sep 1983 - Jun 2024
Monthly Earnings (USD) 3,080 Jul 2024 monthly Jan 2008 - Jul 2024
Population (Person mn) 51.7 2023 yearly 1956 - 2023
Unemployment Rate (%) 2.50 Sep 2024 monthly Jun 1999 - Sep 2024

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