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South Korea Nominal GDP (IMF) 2026: Interactive Chart & Historical Data

Nominal GDP (IMF) in South Korea stood at 1,882 bn USD in 2025, according to IMF. The latest value is up 0.1% from 1,881 bn USD in 2024. Ten years earlier, in 2015, the value was 1,539 bn USD (up 22% since). The highest value since 1980 was 1,944 bn USD in 2021, the lowest 66.52 bn USD in 1980. South Korea ranked 13th highest of the 52 countries in this dataset in 2025; United States ranked first.

Data source: IMF · Unit: bn USD · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1980–2031
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What is Nominal GDP (IMF)?

Nominal GDP (IMF), measured in bn USD, measures the total economic output of South Korea. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In South Korea, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Nominal GDP (IMF) in South Korea?

Nominal GDP (IMF) in South Korea stood at 1,882 bn USD in 2025, according to IMF.

Is Nominal GDP (IMF) in South Korea rising or falling?

The latest value is up 0.1% from 1,881 bn USD in 2024. Ten years earlier, in 2015, the value was 1,539 bn USD (up 22% since).

How does South Korea rank for Nominal GDP (IMF)?

South Korea ranked 13th highest of the 52 countries in this dataset in 2025; United States ranked first.

What is the highest Nominal GDP (IMF) on record in South Korea?

The highest value since 1980 was 1,944 bn USD in 2021, the lowest 66.52 bn USD in 1980.

Metadata for Nominal GDP (IMF) in South Korea
IndicatorNominal GDP (IMF)
CountrySouth Korea
CategoryMacroeconomics
Unitbn USD
SourceIMF
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 1,882 bn USD (2025)

IMF projection for 2026: 2,246 bn USD

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Source:International Monetary Fund via IMF — series NGDPD
License:IMF Copyright and Usage
Cite this chart
APA

International Monetary Fund. (2026). Nominal GDP (IMF) — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/nominal-gdp-imf/KOR. Original source: https://www.imf.org/external/datamapper/NGDPD@WEO/WEOWORLD

MLA

International Monetary Fund. "Nominal GDP (IMF) — South Korea." EconDash, 2026, https://econdash.org/chart/nominal-gdp-imf/KOR. Accessed 13 Nov. 2026. Original source: https://www.imf.org/external/datamapper/NGDPD@WEO/WEOWORLD.

Chicago

International Monetary Fund. 2026. "Nominal GDP (IMF) — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/nominal-gdp-imf/KOR. Original source: https://www.imf.org/external/datamapper/NGDPD@WEO/WEOWORLD.

BibTeX
@misc{econdash_nominal_gdp_imf_kor,
  author = {{International Monetary Fund}},
  title = {{Nominal GDP (IMF) --- South Korea}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/nominal-gdp-imf/KOR},
  note = {Accessed: 2026-11-13. Original source: https://www.imf.org/external/datamapper/NGDPD@WEO/WEOWORLD}
}