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South Korea announcement

South Korea Gross Domestic Product (GDP) 2024-07-25 08:00 Asia/Seoul: data, chart, and analysis

South Korea Gross Domestic Product (GDP) came in at 574,301.70 on Jul 24, 2024, compared with 575,171.30 previously. See the full release history, chart, Bank of Korea context, and API access for this series.

Back to Gross Domestic Product (GDP) API reference
Actual
574,301.70
Previous
575,171.30
Forecast
--
Reference period
2024-06-30

Last updated:

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South Korea Gross Domestic Product (GDP) release chart

Market context, recent readings, and scenario notes for this announcement.

South Korea Gross Domestic Product (GDP) chart through 2024-06-30
KRW Gross Domestic Product (GDP) readings through 2024-06-30. Latest: 574,301.70.

Gross Domestic Product (GDP) release read

South Korea Gross Domestic Product (GDP) came in at 574,301.70 on Jul 24, 2024, compared with 575,171.30 previously. See the full release history, chart, Bank of Korea context, and API access for this series.

The parent Gross Domestic Product (GDP) page shows the full time series for South Korea. This release page keeps the realised value, prior value, forecast, reference period, and publication time together for the individual announcement.

For KRW event-risk work, the important read is whether this print changes the recent trend or simply extends it. Compare the actual value with the previous and forecast fields above, then use the raw JSON below for backtests keyed to the stable announcement ID.

Release data snapshot

The values below are the citation fields for this announcement.

Public release ID krw_gdp_2024-07-24
API announcement ID krw_gdp_2024-06-30
Release time
2024-07-24 23:00 UTC
Reference period date 2024-06-30
Actual value 574,301.70
Previous value 575,171.30
Forecast --
Surprise --
Announcement timestamp 1721862000

API data for this announcement

The API endpoint returns the full South Korea Gross Domestic Product (GDP) history. Clients can filter by date or match this row by announcement_id.

Forecasts live in the predictions endpoint and use the same announcement identifier where available. That is the preferred join key for realised values, forecast surprises, and release-event backtests.

Analysis and guides connected to South Korea Gross Domestic Product (GDP).

Product

South Korea (KRW) Forex Outlook: Policy Rate, Inflation, GDP, and USD/KRW Setup

Country-specific KRW currency analysis covering South Korea policy signals, inflation, GDP, release timing, and a practical USD/KRW forecast workflow for traders.

More South Korea Gross Domestic Product (GDP) releases

Move through adjacent announcement records for the same series.

Newer release

2024-10-24 08:00 Asia/Seoul · 574,618.70

Older release

2024-04-25 08:00 Asia/Seoul · 575,171.30

Related South Korea indicators

Continue from this release into adjacent macro series for the same country.

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Current Account Balance

Measures trade in goods and services and income flows.

Inflation MoM

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Common questions about this release

The value, its publication time, the next scheduled date, and the official publisher for South Korea Gross Domestic Product (GDP).

What did South Korea Gross Domestic Product (GDP) come in at, and how did it compare with the forecast and the previous reading?

South Korea Gross Domestic Product (GDP) was 574,301.70 KRW bn in Q2 2024. The previous reading was 575,171.30 KRW bn.

When was this South Korea Gross Domestic Product (GDP) release published?

This release was published on Jul 24, 2024 at 08:00 Asia/Seoul.

When is the next South Korea Gross Domestic Product (GDP) release?

The next South Korea Gross Domestic Product (GDP) release is scheduled for Oct 27, 2026 at 08:00 Asia/Seoul.

What is the official source for South Korea Gross Domestic Product (GDP)?

Statistics Korea publishes the official Gross Domestic Product (GDP) series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.

Raw announcement payload

Field names are preserved for traceability and downstream testing.

{
  "announcement_datetime": 1721862000,
  "announcement_id": "krw_gdp_2024-06-30",
  "announcement_source_url": "https://www.bok.or.kr/eng/stats/statsPublictSchdul/listCldr.do?menuNo=400359\u0026year=2024",
  "capture_time_basis": "backfill_fetch_completed",
  "date": "2024-06-30",
  "observed_at_ns": 1789035447615885700,
  "previous_value": 575171.3,
  "release_date_confirmed": true,
  "revisions": [
    {
      "announcement_source_url": "https://www.bok.or.kr/eng/stats/statsPublictSchdul/listCldr.do?menuNo=400359\u0026year=2024",
      "capture_time_basis": "backfill_fetch_completed",
      "epoch": 1721862000,
      "is_first_release": false,
      "observed_at_ns": 1789035447615885700,
      "source_url": "https://ecos.bok.or.kr/",
      "val": 574301.7,
      "vintage_status": "captured_snapshot"
    }
  ],
  "source": "Bank of Korea",
  "source_series_id": "BOK:ECOS:200Y104:Q:1400",
  "source_url": "https://ecos.bok.or.kr/",
  "val": 574301.7,
  "vintage_status": "captured_snapshot"
}