Home / Countries / Eastern Asia
South Korea economy
South Korea’s economy grew 1.0% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 2.1% in 2025, and 2.7% of the labour force was out of work.
| Indicator | Latest | Year |
|---|---|---|
| Real GDP growth | 1.0% | 2025 |
| Inflation (consumer prices) | 2.1% | 2025 |
| Unemployment | 2.7% | 2025 |
| GDP (US dollars) | $1.87 tn | 2025 |
| GDP per person (US dollars) | $36,227 | 2025 |
| GDP per person (PPP, international dollars) | $61,051 | 2024 |
| Current account balance, % of GDP | 6.6% | 2025 |
| Budget balance, % of GDP | −1.8% | 2024 |
| Extreme poverty, % of people below $3.00 a day | 0.1% | 2021 |
| Population | 51.7 m | 2025 |
Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.