South Korea Economy

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South Korea has minimal natural resources and overpopulation problems due to its small land area, which has also deterred the formation of a large internal consumer market, thus it has become an export-oriented economy and is currently the 7th largest exporter and 10th largest importer in the world. South Korea is currently the 15th largest economy overall with a nominal GDP of $1.116 trillion.

Major South Korea Indicators

Period Value % Chg Prev
Government Assets and Liabilities (View all 1)
Korea General Government Gross Debt Outlook (NSA) 2026 69.70% of GDP 3.57%
House Prices (View all 1)
South Korea House Price Index Q1 2021 168.26 3.97%
View and sort all 194 South Korea Indicators



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