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South Korea vs Australia GDP
South Korea overtook Australia in 1991. In 1960 Australia stood at roughly 469% of Korea, Rep.’s GDP; today the figure is about 96%, and the pair was closest in 1998 (101%).
| Year | South Korea | Australia | Australia as % of South Korea |
|---|---|---|---|
| 1960 | 3,973,069,306.93 | 18,635,682,981.71 | 469% |
| 1970 | 9,085,001,793.56 | 41,395,206,623.23 | 456% |
| 1980 | 66,547,970,350.62 | 150,200,557,103.06 | 226% |
| 1990 | 292,064,221,388.99 | 311,840,666,465.05 | 107% |
| 2000 | 597,487,173,479.11 | 416,901,962,163.48 | 70% |
| 2010 | 1,192,830,015,737.68 | 1,152,566,632,022.13 | 97% |
| 2020 | 1,744,070,276,373.34 | 1,333,336,461,648.09 | 76% |
| 2025 | 1,872,374,961,553.15 | 1,798,518,933,689.21 | 96% |
Frequently asked questions
When did South Korea pass Australia in GDP?
In 1991. South Korea’s published GDP rose above Australia’s that year and the lead has held since.
How do Korea, Rep. and Australia compare today?
South Korea is ahead: 1,872,374,961,553.15 against 1,798,518,933,689.21 — the trailing economy stands at about 96% of the leader.
Are these GDP figures nominal or adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement, no PPP conversion and no interpolation for missing years.
Full series
Every published year for both economies, with charts, downloads and citations: