South Korea Gross Domestic Product (GDP) y/y

Country: South Korea, KRW
Importance: Low
Sector: GDP
Source: Bank of Korea
Last release
Actual
Forecast
3.5%
Previous
3.6%
Next release
Actual
Coming in 3 days
Forecast
4.5%
Previous
3.7%
Actual
Forecast
2 years 5 years All time
Date (GMT)
Reference
Actual
Forecast
1 Q 2023 prelim.
-1.5%
4 Q 2022
1.4%
4 Q 2022 prelim.
2.8%
3 Q 2022
3.1%
3.1%
3 Q 2022 prelim.
3.3%
2 Q 2022
2.9%
2.9%
2 Q 2022 prelim.
2.2%
1 Q 2022
3.1%
1 Q 2022 prelim.
3.5%
4 Q 2021
4.1%
4 Q 2021 prelim.
4.6%
3 Q 2021
4.0%
4.0%
3 Q 2021 prelim.
7.6%
2 Q 2021
5.9%
2 Q 2021 prelim.
1.8%
1 Q 2021
1.8%
1 Q 2021 prelim.
-1.3%
4 Q 2020
-1.4%
4 Q 2020 prelim.
-2.5%
3 Q 2020
-1.3%

Gross Domestic Product y/y reflects the monetary value of all goods and services produced in South Korea during a given quarter compared to the same quarter of the previous year. The calculation takes into account private consumption, government spending, expenditures of all enterprises and net exports of the country. The GDP growth can be seen as positive for the South Korean won quotes.