list of South Korean regions by GDP (nominal). All data are sourced from the latest regional statistics published by the South Korean Government .
South Korean regions by GDP (nominal), 2023 South Korean regions by GDP per capita (nominal), 2022
Rank
Province
GDP (₩ , 2024)[ 1]
GDP (US$ , 2024)
Per capita (₩, 2024)[ 1]
Per capita (US$, 2024)
Per capita (US$ PPP, 2024)
1
Gyeonggi Province ₩ 651,417 billion
US$ 455.992 billion
₩ 46,996,000
US$ 32,897
US$ 59,817
2
South Chungcheong Province ₩ 150,681 billion
US$ 105.477 billion
₩ 67,758,000
US$ 47,431
US$ 86,243
3
South Gyeongsang Province ₩ 151,241 billion
US$ 105.869 billion
₩ 46,550,000
US$ 32,585
US$ 59,249
4
North Gyeongsang Province ₩ 134,698 billion
US$ 94.289 billion
₩ 52,298,000
US$ 36,609
US$ 66,565
5
South Jeolla Province ₩ 103,971 billion
US$ 72.780 billion
₩ 59,177,000
US$ 41,424
US$ 75,321
6
North Chungcheong Province ₩ 91,794 billion
US$ 64.256 billion
₩ 56,328,000
US$ 39,430
US$ 71,695
7
North Jeolla Province ₩ 66,792 billion
US$ 46.754 billion
₩ 37,980,000
US$ 26,526
US$ 48,341
8
Gangwon Province, South Korea ₩ 64,616 billion
US$ 45.231 billion
₩ 42,563,000
US$ 27,794
US$ 54,175
9
Jeju Province ₩ 26,928 billion
US$ 18.850 billion
₩ 39,914,000
US$ 27,940
US$ 50,803
Rank
City
GDP (₩, 2024)[ 1]
GDP (US$, 2024)
GDP per capita (₩, 2024)[ 1]
GDP per capita (US$, 2024)
GDP per capita (US$ PPP, 2024)
1
Seoul ₩ 575,035 billion
US$ 402.525 billion
₩ 61,215,000
US$ 42,851
US$ 77,915
2
Incheon ₩ 125,592 billion
US$ 87.914 billion
₩ 41,187,000
US$ 28,831
US$ 52,423
3
Busan ₩ 121,067 billion
US$ 84.747 billion
₩ 37,085,000
US$ 25,960
US$ 47,252
4
Ulsan ₩ 93,956 billion
US$ 65.769 billion
₩ 85,194,000
US$ 59,636
US$ 108,436
5
Daegu ₩ 74,524 billion
US$ 52.167 billion
₩ 31,374,000
US$ 21,962
US$ 39,933
6
Daejeon ₩ 56,299 trillion
US$ 39.409 billion
₩ 38,220,000
US$ 26,754
US$ 48,647
7
Gwangju ₩ 54,837 billion
US$ 38.386 billion
₩ 37,675,000
US$ 26,373
US$ 47,953
8
Sejong ₩ 17,361 billion
US$ 12.153 billion
₩ 44,610,000
US$ 31,227
US$ 56,780
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Gyeonggi Province
South Chungcheong Province
South Gyeongsang Province
North Gyeongsang Province
South Jeolla Province
North Chungcheong Province
North Jeolla Province
Gangwon Province, South Korea
Jeju Province
Seoul
Incheon
Busan
Ulsan
Daegu
Daejeon
Gwangju
Sejong