Korea, Rep. 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$1.62 trillion
↑ 8.23% vs 2016GDP per Capita
$31,600.74
↑ 7.92% vs 2016GDP Growth (Annual %)
3.16%
↑ 0.21pp vs 2016Inflation Rate (CPI %)
1.94%
↑ 0.97pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.50 trillion | $1.62 trillion | +8.23% |
| GDP per Capita | $29,280.44 | $31,600.74 | +7.92% |
| GDP Growth (Annual %) | 2.95% | 3.16% | +0.21pp |
| Inflation (CPI %) | 0.97% | 1.94% | +0.97pp |
| Unemployment Rate (%) | 3.65% | 3.65% | +0.00pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $1.62 trillion
- GDP per Capita
- $31,600.74
- GDP Growth (Annual %)
- 3.16%
- Gross National Income
- $1.63 trillion
Prices & Employment
- Inflation (CPI %)
- 1.94%
- Inflation (GDP Deflator %)
- 2.22%
- Unemployment Rate (%)
- 3.65%
- Interest Rate (Real %)
- 1.23%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 4.64%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Korea, Rep.'s Gross Domestic Product (GDP) is $1.62 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Korea, Rep. for 2017 is $31,600.74. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Korea, Rep. for 2017 is 1.94%. This measures the annual percentage change in the cost of consumer goods and services.
Korea, Rep.'s annual GDP growth rate for 2017 is 3.16%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Korea, Rep. for 2017 is 3.65%. This represents the percentage of the labor force that is unemployed and actively seeking employment.