Comparison of GDP between South Korea and Europe from 1980 to 2023

This chart compares the Gross Domestic Product (GDP) of South Korea and Europe from 1980 to 2023. It provides an opportunity to observe the economic growth of South Korea alongside the collective economic performance of European countries, helping to understand the differences in economic development pace and scale between the two regions. Notably, it illustrates South Korea's rapid economic growth compared to Europe's more stable yet gradual growth pattern.

Gross Domestic Product (GDP) is the total market value of all final goods and services produced within a country over a specific time period. Europe's GDP can be measured as the aggregate GDP of multiple countries within the European Union (EU) or the European Economic Area (EEA).

1980

  1. Germany : $853B 705M ($853,705,000,000)
  2. France : $702B 243M ($702,243,000,000)
  3. United Kingdom : $604B 850M ($604,850,000,000)
  4. Italy : $479B 122M ($479,122,000,000)
  5. Spain : $230B 759M ($230,759,000,000)
  6. Netherlands : $193B 758M ($193,758,000,000)
  7. Sweden : $140B 384M ($140,384,000,000)
  8. Belgium : $123B 478M ($123,478,000,000)
  9. Switzerland : $122B 466M ($122,466,000,000)
  10. Austria : $80B 923M ($80,923,000,000)

2000

  1. Germany : $1T 948B ($1,948,840,000,000)
  2. United Kingdom : $1T 669B ($1,669,280,000,000)
  3. France : $1T 366B ($1,366,240,000,000)
  4. Italy : $1T 147B ($1,147,180,000,000)
  5. Spain : $598B 628M ($598,628,000,000)
  6. South Korea : $576B 483M ($576,483,000,000)
  7. Netherlands : $417B 664M ($417,664,000,000)
  8. Switzerland : $279B 171M ($279,171,000,000)
  9. Russia : $278B 264M ($278,264,000,000)
  10. Sweden : $262B 834M ($262,834,000,000)

2010

  1. Germany : $3T 402B ($3,402,440,000,000)
  2. France : $2T 647B ($2,647,350,000,000)
  3. United Kingdom : $2T 493B ($2,493,840,000,000)
  4. Italy : $2T 137B ($2,137,850,000,000)
  5. Russia : $1T 633B ($1,633,110,000,000)
  6. Spain : $1T 423B ($1,423,270,000,000)
  7. South Korea : $1T 143B ($1,143,570,000,000)
  8. Netherlands : $848B 73M ($848,073,000,000)
  9. Switzerland : $598B 226M ($598,226,000,000)
  10. Sweden : $495B 813M ($495,813,000,000)

2023

  1. Germany : $4T 308B ($4,308,850,000,000)
  2. United Kingdom : $3T 158B ($3,158,940,000,000)
  3. France : $2T 923B ($2,923,490,000,000)
  4. Italy : $2T 169B ($2,169,750,000,000)
  5. Russia : $2T 62B ($2,062,650,000,000)
  6. South Korea : $1T 721B ($1,721,910,000,000)
  7. Spain : $1T 492B ($1,492,430,000,000)
  8. Netherlands : $1T 80B ($1,080,880,000,000)
  9. Switzerland : $869B 601M ($869,601,000,000)
  10. Poland : $748B 887M ($748,887,000,000)

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