Real GDP growth (IMF) — all countries

Real GDP growth (IMF) — South Korea

Real GDP growth (IMF) in South Korea in 2031 — 1.9%. Ranked 147 in the world out of 189. Since 1980, the indicator has risen by 3.4 pp.

2031 1.9% +0 pp vs 2030
World rank 147of 189
Period maximum 13.5%1983
Period minimum -4.9%1998

Trend over time

1980–2031 · % per year

Real GDP growth (IMF) — South Korea, 1980–2031-505101519801986199219982004201020162022202820311980: -1.5%1981: 7.4%1982: 8.5%1983: 13.5%1984: 10.6%1985: 7.9%1986: 11.5%1987: 12.9%1988: 12.1%1989: 7.2%1990: 10%1991: 10.9%1992: 6.4%1993: 7%1994: 9.4%1995: 9.7%1996: 8%1997: 6.3%1998: -4.9%1999: 11.6%2000: 9.2%2001: 4.7%2002: 7.7%2003: 3.1%2004: 5.2%2005: 4.4%2006: 5.2%2007: 5.8%2008: 3%2009: 0.8%2010: 7%2011: 3.7%2012: 2.5%2013: 3.3%2014: 3.2%2015: 2.9%2016: 3.2%2017: 3.4%2018: 3.2%2019: 2.3%2020: -0.7%2021: 4.6%2022: 2.7%2023: 1.6%2024: 2%2025: 1%2026: 1.9%2027: 2.1%2028: 2.2%2029: 2%2030: 1.9%2031: 1.9%
Change over the period: +3.4 pp Annual average: 0.07 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 1.9%
World computed 2.48%
East Asia & Pacific computed 2.98%
Eastern Asia computed 2.78%
High-income countries computed 1.65%
Real GDP growth (IMF) — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2031 1.9 +0 pp
2030 1.9 −0.1 pp
2029 2 −0.2 pp
2028 2.2 +0.1 pp
2027 2.1 +0.2 pp
2026 1.9 +0.9 pp
2025 1 −1 pp
2024 2 +0.4 pp
2023 1.6 −1.1 pp
2022 2.7 −1.9 pp
2021 4.6 +5.3 pp
2020 -0.7 −3 pp
2019 2.3 −0.9 pp
2018 3.2 −0.2 pp
2017 3.4 +0.2 pp
2016 3.2 +0.3 pp
2015 2.9 −0.3 pp
2014 3.2 −0.1 pp
2013 3.3 +0.8 pp
2012 2.5 −1.2 pp
2011 3.7 −3.3 pp
2010 7 +6.2 pp
2009 0.8 −2.2 pp
2008 3 −2.8 pp
2007 5.8 +0.6 pp
2006 5.2 +0.8 pp
2005 4.4 −0.8 pp
2004 5.2 +2.1 pp
2003 3.1 −4.6 pp
2002 7.7 +3 pp
2001 4.7 −4.5 pp
2000 9.2 −2.4 pp
1999 11.6 +16.5 pp
1998 -4.9 −11.2 pp
1997 6.3 −1.7 pp
1996 8 −1.7 pp
1995 9.7 +0.3 pp
1994 9.4 +2.4 pp
1993 7 +0.6 pp
1992 6.4 −4.5 pp
1991 10.9 +0.9 pp
1990 10 +2.8 pp
1989 7.2 −4.9 pp
1988 12.1 −0.8 pp
1987 12.9 +1.4 pp
1986 11.5 +3.6 pp
1985 7.9 −2.7 pp
1984 10.6 −2.9 pp
1983 13.5 +5 pp
1982 8.5 +1.1 pp
1981 7.4 +8.9 pp
1980 -1.5

Eastern Asia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The annual growth rate of GDP in constant prices from the IMF World Economic Outlook database. It is the main reference point for judging the prospects of economies: these are the figures quoted as the IMF growth forecast. Values for past years are actuals from the national accounts; those for the current and future years are estimates and projections.

Important: The projection years are revised twice a year, and the divergence from the eventual actuals can be substantial for commodity economies.

Source: World Economic Outlook (IMF), license IMF open data.