Share of World GDP: Korea, Republic of
Korea, Republic of's share of world gdp is currently 1.6% as of 2026. # Korea, Republic of Share of World GDP South Korea currently accounts for 1.
Current (2026)
1.6%
-1.2% y/y
Peak (2010)
1.8%
Low (1980)
0.6%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Share of World GDP — Korea, Republic of
1980 — 2026
Share of World GDP — Korea, Republic of
Analysis# Korea, Republic of Share of World GDP
South Korea currently accounts for 1.59% of global GDP in 2026, down from its all-time peak of 1.808% in 2010. The country has nearly tripled its share since 1980, when it represented just 0.635% of world output—a 150.4% increase over four decades. Despite this remarkable long-term growth, South Korea's contribution to global GDP has gradually declined over the past six years.
The decline began around 2017, when South Korea's share peaked at 1.778% before entering a steady downward trajectory. This reversal reflects slower domestic growth relative to faster-expanding economies globally. The IMF projects this contraction will continue through 2026, with the share expected to stabilize around 1.59%, suggesting South Korea faces persistent headwinds in maintaining its relative position within the world economy.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 1.5% | -1.10% |
| 2029 | 1.5% | -1.09% |
| 2028 | 1.6% | -0.95% |
| 2027 | 1.6% | -1.01% |
| 2026 | 1.6% | -1.24% |
| 2025 | 1.6% | -2.07% |
| 2024 | 1.6% | -1.26% |
| 2023 | 1.7% | -1.77% |
| 2022 | 1.7% | -0.88% |
| 2021 | 1.7% | -3.39% |
| 2020 | 1.8% | +3.33% |
| 2019 | 1.7% | -3.22% |
| 2018 | 1.8% | -0.45% |
| 2017 | 1.8% | -0.28% |
| 2016 | 1.8% | +0.06% |
| 2015 | 1.8% | -0.39% |
| 2014 | 1.8% | -0.28% |
| 2013 | 1.8% | +0.00% |
| 2012 | 1.8% | -0.66% |
| 2011 | 1.8% | -0.11% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 1.8% | +1.74% |
| 2009 | 1.8% | +1.48% |
| 2008 | 1.8% | +0.17% |
| 2007 | 1.7% | +0.63% |
| 2006 | 1.7% | +0.06% |
| 2005 | 1.7% | -0.23% |
| 2004 | 1.7% | +0.00% |
| 2003 | 1.7% | -0.51% |
| 2002 | 1.7% | +4.86% |
| 2001 | 1.7% | +2.21% |
| 2000 | 1.6% | +3.88% |
| 1999 | 1.6% | +7.82% |
| 1998 | 1.5% | -7.37% |
| 1997 | 1.6% | +2.08% |
| 1996 | 1.5% | +4.05% |
| 1995 | 1.5% | +5.86% |
| 1994 | 1.4% | +6.39% |
| 1993 | 1.3% | +5.03% |
| 1992 | 1.3% | -4.50% |
| 1991 | 1.3% | +8.35% |
| 1990 | 1.2% | +5.68% |
| 1989 | 1.1% | +3.53% |
| 1988 | 1.1% | +7.38% |
| 1987 | 1.0% | +8.65% |
| 1986 | 0.9% | +7.97% |
| 1985 | 0.9% | +4.28% |
| 1984 | 0.8% | +5.91% |
| 1983 | 0.8% | +10.57% |
| 1982 | 0.7% | +7.96% |
| 1981 | 0.7% | +4.88% |
| 1980 | 0.6% | — |
Related Data
Other Metrics
For Korea, Republic of
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Demographics
People & population data