South Korea - Real Gross Domestic Product





South Korea: Real Gross Domestic Product

Mnemonic GDP$.IKOR
Unit Bil. Ch. 2015 KRW, SA
Adjustments Seasonally Adjusted
Quarterly 1.93 %
Data 2020 Q3 456,863
2020 Q2 448,209

Series Information

Source The Bank of Korea
Release GDP
Frequency Quarterly
Start Date 3/31/1960
End Date 9/30/2020

South Korea: GDP

Reference Last Previous Units Frequency
Real Fixed Investment (gross fixed capital formation) 2020 Q3 134,853 137,445 Bil. Ch. 2015 KRW, SA Quarterly
Real Government Consumption 2020 Q3 80,247 80,151 Bil. Ch. 2015 KRW, SA Quarterly
Real Gross Domestic Product 2020 Q3 456,863 448,209 Bil. Ch. 2015 KRW, SA Quarterly
Real Investment 2020 Q3 134,873 142,087 Bil. Ch. 2015 KRW, SA Quarterly
Real Private Consumption 2020 Q3 212,925 213,186 Bil. Ch. 2015 KRW, SA Quarterly
Government Consumption 2020 Q2 87,560 86,891 Bil. KRW, SA Quarterly
Investment 2020 Q2 155,486 150,066 Bil. KRW, SA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2020 Q2 148,382 149,698 Bil. KRW, SA Quarterly
Nominal Gross Domestic Product 2020 Q2 472,222 476,805 Bil. KRW, SA Quarterly
Private Consumption 2020 Q2 224,233 221,026 Bil. KRW, SA Quarterly

Release Information

Quarterly national accounts for South Korea, including GDP(E) with GFCF and private consumption detail, and GDP(O) with KSIC industry detail. Also annual GDP(I).

  • National accounts framework: UN SNA 2008
  • Industrial classification: KSIC Rev. 10
  • Measurements:
    • Billions of Korean won at chained 2015 prices (Bil. Ch. 2015 KRW)
    • At current prices (Bil. KRW)
    • Associated deflators
  • Adjustments:
    • Original (NSA)
    • Seasonally adjusted (SA)
  • Native frequency: Quarterly
  • Start date: 1960Q1

Source documents:

  • Gross capital formation by type of capital goods: Tables 10.6.1.1, 10.6.1.2, 10.6.1.3, 10.6.1.4
  • Gross capital formation by sectors: Tables 10.6.2.1, 10.6.2.2
  • Gross fixed capital formation by sectors: Tables 10.6.2.3, 10.6.2.4

The tables for detailed GCF and GFCF are published later than those for the main GDP(E) components.

The data are provisional when first released. The “advance” estimates are replaced with “preliminary” estimates which are subject to revision until “final” estimates are announced.