Korea - GDP, PPP (constant 2011 international $)
The latest value for GDP, PPP (constant 2011 international $) in Korea was 2,194,530,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,213,390,000,000 in 2019 and 542,571,000,000 in 1990.
Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.
Source: World Bank, International Comparison Program database.
See also:
| Year | Value |
|---|---|
| 1990 | 542,571,000,000 |
| 1991 | 601,049,000,000 |
| 1992 | 638,306,000,000 |
| 1993 | 682,205,000,000 |
| 1994 | 745,437,000,000 |
| 1995 | 817,107,000,000 |
| 1996 | 881,583,000,000 |
| 1997 | 935,981,000,000 |
| 1998 | 887,971,000,000 |
| 1999 | 989,794,000,000 |
| 2000 | 1,079,480,000,000 |
| 2001 | 1,131,860,000,000 |
| 2002 | 1,219,300,000,000 |
| 2003 | 1,257,670,000,000 |
| 2004 | 1,323,040,000,000 |
| 2005 | 1,380,040,000,000 |
| 2006 | 1,452,690,000,000 |
| 2007 | 1,536,940,000,000 |
| 2008 | 1,583,250,000,000 |
| 2009 | 1,595,800,000,000 |
| 2010 | 1,704,390,000,000 |
| 2011 | 1,767,210,000,000 |
| 2012 | 1,809,660,000,000 |
| 2013 | 1,866,930,000,000 |
| 2014 | 1,926,720,000,000 |
| 2015 | 1,980,850,000,000 |
| 2016 | 2,039,220,000,000 |
| 2017 | 2,103,650,000,000 |
| 2018 | 2,164,810,000,000 |
| 2019 | 2,213,390,000,000 |
| 2020 | 2,194,530,000,000 |
Aggregation method: Gap-filled total
Base Period: 2011
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Purchasing power parity
