Korea, Rep. 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$1.73 trillion
↑ 6.30% vs 2017GDP per Capita
$33,447.16
↑ 5.84% vs 2017GDP Growth (Annual %)
2.91%
↓ 0.25pp vs 2017Inflation Rate (CPI %)
1.48%
↓ 0.47pp vs 2017Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.62 trillion | $1.73 trillion | +6.30% |
| GDP per Capita | $31,600.74 | $33,447.16 | +5.84% |
| GDP Growth (Annual %) | 3.16% | 2.91% | -0.25pp |
| Inflation (CPI %) | 1.94% | 1.48% | -0.47pp |
| Unemployment Rate (%) | 3.65% | 3.82% | +0.17pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $1.73 trillion
- GDP per Capita
- $33,447.16
- GDP Growth (Annual %)
- 2.91%
- Gross National Income
- $1.73 trillion
Prices & Employment
- Inflation (CPI %)
- 1.48%
- Inflation (GDP Deflator %)
- 0.48%
- Unemployment Rate (%)
- 3.82%
- Interest Rate (Real %)
- 3.16%
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)
- 4.49%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2018, Korea, Rep.'s Gross Domestic Product (GDP) is $1.73 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Korea, Rep. for 2018 is $33,447.16. 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 2018 is 1.48%. This measures the annual percentage change in the cost of consumer goods and services.
Korea, Rep.'s annual GDP growth rate for 2018 is 2.91%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Korea, Rep. for 2018 is 3.82%. This represents the percentage of the labor force that is unemployed and actively seeking employment.