GDP in USD PPP terms reached 2,140 USD bil in 2018 in South Korea, according to the National Statistical Office. This is 7.08 % more than in the previous year.
Historically, GDP in USD PPP terms in South Korea reached an all time high of 2,140 USD bil in 2018 and an all time low of 83.5 USD bil in 1980. When compared to South Korea's main peers, GDP in USD PPP terms in China amounted to 25,313 USD bil, 5,632 USD bil in Japan and 708 USD bil in Vietnam in 2018.
South Korea has been ranked 16th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 2 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.