Korea skyline

Korea Retail

Korea Retail

Retail Sales in Korea

The Korean economy recorded an average growth rate of 2.4% in retail sales in the decade to 2022, below the 8.2% average for the Asia-Pacific region. In 2022, retail sales growth was -2.4%.

Korea Retail Chart

Note: This chart displays Retail Sales (ann. var. %) for Korea from 2014 to 2023.
Source: KOSTAT.

Korea Retail Data

2018 2019 2020 2021 2022
Retail Sales (ann. var. %) 4.3 2.4 -0.4 5.9 -0.2

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