Taiwan and South Korea GDP Comparison 1951-2022

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
Data Compare

According to the latest statistical data released by the World Bank in 2024, from 1951 to 2022, Taiwan's annual average GDP was $195.58 billion, with an average annual growth rate of 2.89%; South Korea's annual average GDP was $521.2 billion, with an average annual growth rate of 3.32%. In 2021, the GDP difference between Taiwan and South Korea was $1025.53 billion; in 2020, the GDP difference between Taiwan and South Korea was $968.5 billion; in 2019, the GDP difference between Taiwan and South Korea was $1039.92 billion.

Year Taiwan GDP South Korea GDP Difference
2021 $773 billion $1798.53 billion $1025.53 billion
2020 $669.4 billion $1637.9 billion $968.5 billion
2019 $611.5 billion $1651.42 billion $1039.92 billion
2018 $589.4 billion $1724.85 billion $1135.45 billion
2017 $571.5 billion $1623.9 billion $1052.4 billion
2016 $566.4 billion $1500.11 billion $933.71 billion
2015 $523.6 billion $1465.77 billion $942.17 billion
2014 $530.1 billion $1484.32 billion $954.22 billion
2013 $511.7 billion $1370.8 billion $859.1 billion
2012 $495.9 billion $1278.43 billion $782.53 billion
2011 $485.7 billion $1253.22 billion $767.52 billion
2010 $446.2 billion $1144.07 billion $697.87 billion
2009 $392.1 billion $943.94 billion $551.84 billion
2008 $417 billion $1047.34 billion $630.34 billion
2007 $408.3 billion $1172.61 billion $764.31 billion
2006 $388.6 billion $1053.22 billion $664.62 billion
2005 $375.8 billion $934.9 billion $559.1 billion
2004 $348.5 billion $793.18 billion $444.68 billion
2003 $318.6 billion $702.72 billion $384.12 billion
2002 $308.9 billion $627.25 billion $318.35 billion
2001 $300.5 billion $547.66 billion $247.16 billion
2000 $331.5 billion $576.18 billion $244.68 billion
1999 $304.2 billion $497.51 billion $193.31 billion
1998 $280.4 billion $383.33 billion $102.93 billion
1997 $303.8 billion $569.76 billion $265.96 billion
1996 $292.7 billion $610.17 billion $317.47 billion
1995 $279.3 billion $566.58 billion $287.28 billion
1994 $256.5 billion $463.62 billion $207.12 billion
1993 $235.2 billion $392.67 billion $157.47 billion
1992 $223.2 billion $355.53 billion $132.33 billion
1991 $187.4 billion $330.65 billion $143.25 billion
1990 $166.7 billion $283.37 billion $116.67 billion
1989 $152.8 billion $246.93 billion $94.13 billion
1988 $126.4 billion $199.59 billion $73.19 billion
1987 $105 billion $147.95 billion $42.95 billion
1986 $78.4 billion $116.84 billion $38.44 billion
1985 $63.7 billion $101.3 billion $37.6 billion
1984 $61.1 billion $97.51 billion $36.41 billion
1983 $54.2 billion $87.76 billion $33.56 billion
1982 $49.6 billion $78.36 billion $28.76 billion
1981 $49.1 billion $72.93 billion $23.83 billion
1980 $42.3 billion $65.4 billion $23.1 billion
1979 $33.9 billion $66.95 billion $33.05 billion
1978 $27.4 billion $51.97 billion $24.57 billion
1977 $22.3 billion $38.45 billion $16.15 billion
1976 $19 billion $29.9 billion $10.9 billion
1975 $15.9 billion $21.78 billion $5.88 billion
1974 $14.8 billion $19.54 billion $4.74 billion
1973 $11 billion $13.88 billion $2.88 billion
1972 $8.1 billion $10.86 billion $2.76 billion
1971 $6.8 billion $9.9 billion $3.1 billion
1970 $5.8 billion $9.01 billion $3.21 billion
1969 $5.1 billion $7.68 billion $2.58 billion
1968 $4.4 billion $6.12 billion $1.72 billion
1967 $3.8 billion $4.86 billion $1.06 billion
1966 $3.3 billion $3.93 billion $0.63 billion
1965 $2.9 billion $3.12 billion $0.22 billion
1964 $2.6 billion $3.46 billion $0.86 billion
1963 $2.3 billion $3.99 billion $1.69 billion
1962 $2 billion $2.81 billion $0.81 billion
1961 $1.8 billion $2.42 billion $0.62 billion
1960 $1.8 billion $3.96 billion $2.16 billion
1959 $1.5 billion - -
1958 $1.9 billion - -
1957 $1.7 billion - -
1956 $1.4 billion - -
1955 $2 billion - -
1954 $1.7 billion - -
1953 $1.5 billion - -
1952 $1.7 billion - -
1951 $1.2 billion - -