Table

Korea. Source:IMF World Economic Outlook Database(Apr 2019)
N Subject Descriptor Units Scale Estimates Start After 2018 2019 2020 2021 2022 2023 2024
1 Gross domestic product, constant prices National currency Billions Y2017 1,597,514.1 1,638,275.56 1,684,952.97 1,733,017.35 1,782,192.3 1,834,524.13 1,887,878.7
2 Gross domestic product, constant prices Percent change Y2017 2.668 2.552 2.849 2.853 2.838 2.936 2.908
3 Gross domestic product, current prices National currency Billions Y2017 1,782,268.9 1,852,790.27 1,937,033.37 2,026,129.25 2,120,824.61 2,225,789.99 2,340,792.75
4 Gross domestic product, current prices U.S. dollars Billions Y2017 1,619.42 1,656.67 1,744.36 1,831.94 1,929.8 2,035.76 2,150.9
5 Gross domestic product, current prices Purchasing power parity; international dollars Billions Y2017 2,136.32 2,229.78 2,341.2 2,458.04 2,580.09 2,710.89 2,848.12
6 Gross domestic product, deflator Index Y2017 111.565 113.094 114.961 116.913 119.001 121.328 123.991
7 Gross domestic product per capita, constant prices National currency Units Y2017 30,921,538.18 31,582,047.34 32,350,280.61 33,138,291.91 33,940,537.14 34,795,614.87 35,662,526.93
8 Gross domestic product per capita, constant prices Purchasing power parity; 2011 international dollar Units Y2017 36,756.43 37,541.58 38,454.78 39,391.49 40,345.12 41,361.55 42,392.05
9 Gross domestic product per capita, current prices National currency Units Y2017 34,497,658.48 35,717,379.59 37,190,102.03 38,743,098.72 40,389,539.51 42,216,796.09 44,218,192.85
10 Gross domestic product per capita, current prices U.S. dollars Units Y2017 31,345.62 31,936.73 33,490.77 35,029.8 36,751.68 38,612.42 40,631.14
11 Gross domestic product per capita, current prices Purchasing power parity; international dollars Units Y2017 41,350.59 42,984.82 44,949.85 47,001.97 49,135.98 51,417.78 53,801.71
12 Output gap in percent of potential GDP Percent of potential GDP Y2017 -0.789 -0.875 -0.663 NA NA NA NA
13 Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent Y2017 1.58 1.57 1.559 1.548 1.537 1.528 1.517
14 Implied PPP conversion rate National currency per current international dollar Y2017 834.272 830.93 827.369 824.287 821.995 821.054 821.873
15 Total investment Percent of GDP Y2017 30.183 29.602 29.268 29.027 28.787 28.518 28.259
16 Gross national savings Percent of GDP Y2017 34.901 34.192 33.746 33.381 33.199 33 32.713
17 Inflation, average consumer prices Index Y2017 104.454 105.865 107.506 109.334 111.302 113.416 115.685
18 Inflation, average consumer prices Percent change Y2017 1.477 1.351 1.55 1.7 1.8 1.9 2
19 Inflation, end of period consumer prices Index Y2017 104.35 105.811 107.451 109.278 111.245 113.359 115.626
20 Inflation, end of period consumer prices Percent change Y2017 1.321 1.4 1.55 1.7 1.8 1.9 2
21 Six-month London interbank offered rate (LIBOR) Percent NA NA NA NA NA NA NA NA
22 Volume of imports of goods and services Percent change Y2017 1.719 3.768 3.178 4.073 4.05 4.019 4.054
23 Volume of Imports of goods Percent change Y2017 1.894 3.044 2.945 4.034 3.992 3.96 3.995
24 Volume of exports of goods and services Percent change Y2017 4.196 2.82 2.555 3.804 3.641 3.509 3.517
25 Volume of exports of goods Percent change Y2017 3.968 2.339 2.686 3.827 3.641 3.498 3.506
26 Unemployment rate Percent of total labor force Y2017 3.842 4 3.85 3.9 3.8 3.7 3.6
27 Employment Persons Millions Y2017 26.822 26.912 26.912 NA NA NA NA
28 Population Persons Millions Y2017 51.663 51.874 52.085 52.297 52.509 52.723 52.937
29 General government revenue National currency Billions Y2017 432,711.72 454,969.89 476,522.59 496,657.35 517,831.93 543,460.84 571,540.53
30 General government revenue Percent of GDP Y2017 24.279 24.556 24.601 24.513 24.417 24.417 24.417
31 General government total expenditure National currency Billions Y2017 383,632.29 416,347.87 447,378.91 475,129.52 503,234.77 528,141.23 555,429.39
32 General government total expenditure Percent of GDP Y2017 21.525 22.471 23.096 23.45 23.728 23.728 23.728
33 General government net lending/borrowing National currency Billions Y2017 49,079.43 38,622.02 29,143.68 21,527.83 14,597.15 15,319.61 16,111.14
34 General government net lending/borrowing Percent of GDP Y2017 2.754 2.085 1.505 1.063 0.688 0.688 0.688
35 General government structural balance National currency Billions Y2017 52,520.99 42,636.12 32,323.46 23,760.06 15,874.84 15,091.94 14,381.9
36 General government structural balance Percent of potential GDP Y2017 2.924 2.281 1.658 1.167 0.747 0.678 0.616
37 General government primary net lending/borrowing National currency Billions Y2017 34,856.18 23,295.61 16,312.92 12,759.91 9,683.95 10,693.66 11,583.03
38 General government primary net lending/borrowing Percent of GDP Y2017 1.956 1.257 0.842 0.63 0.457 0.48 0.495
39 General government net debt National currency Billions Y2017 224,478.54 230,211.27 243,149.98 263,377.35 289,839.32 313,604.23 334,766.09
40 General government net debt Percent of GDP Y2017 12.595 12.425 12.553 12.999 13.666 14.09 14.301
41 General government gross debt National currency Billions Y2017 725,579.41 751,139.86 787,764.27 833,041.75 886,128.17 939,405.03 992,900.96
42 General government gross debt Percent of GDP Y2017 40.711 40.541 40.669 41.115 41.782 42.205 42.417
43 Gross domestic product corresponding to fiscal year, current prices National currency Billions Y2017 1,782,268.9 1,852,790.27 1,937,033.37 2,026,129.25 2,120,824.61 2,225,789.99 2,340,792.75
44 Current account balance U.S. dollars Billions Y2017 76.409 76.028 78.12 79.751 85.142 91.239 95.789
45 Current account balance Percent of GDP Y2017 4.718 4.589 4.478 4.353 4.412 4.482 4.453