Korea, Rep.
#13 economy by nominal GDP · East Asia & Pacific · High income
GDP
$1.87T
Korea, Rep. accounts for 1.6% of the tracked GDP on Open Market Rank. Its GDP is 1.02× Mexico’s.
World Bank ·2025 data ·Snapshot Oct 11, 2026
Source: World Bank · 2021–2025
Korea, Rep. GDP moved from $1.9T to $1.9T.
Source: World Bank · 2016–2025
Korea, Rep. GDP moved from $1.6T to $1.9T.
Source: World Bank · 2001–2025
Korea, Rep. GDP moved from $568B to $1.9T.
Source: World Bank · 2001–2025
Korea, Rep. GDP moved from $568B to $1.9T.
Key indicators
GDP per person
$36,227
2025
Real GDP growth
+1.01%
2025
Population
51.7M
2025
National wealth
$14.1T
Latest available estimate
Inflation
2.12%
2025
Unemployment
2.68%
2025
Life expectancy
83.6 years
2025
Foreign reserves
$437B
2025
Money supply (M2)
$3.0T
2025
How it compares
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Indicators over time
Population
PeopleSource: World Bank · 2001–2025
Korea, Rep. population changed from 47,370,164 in 2001 to 51,684,564 in 2025.
Inflation
Annual %Source: World Bank · 2001–2025
Korea, Rep. inflation changed from 4.07% in 2001 to 2.12% in 2025.
About Korea, Rep.
Korea, Rep. is ranked #13 among the economies tracked by Open Market Rank based on nominal GDP. Its latest available GDP is $1.9T, representing 1.6% of tracked global GDP. Real GDP changed by 1.01% in 2025.
GDP measures economic output during a year. It is different from national wealth, which estimates the value of accumulated assets.
Data & sources
Source: World Bank. The reporting date of a data point is different from the time Open Market Rank refreshed this page. Economic indicators are published on their own schedules, while market prices and exchange rates may update much more frequently.
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