The objective of this study is to project and analyze drought conditions using future climate and hydrology information over South Korea. This study used three Global Climate Models (GCMs) and three hydrological models considering the uncertainty of future scenario. Standardized Precipitation Index (SPI), Standardized Runoff Index (SRI) and Standardized Soil moisture Index (SSI) classified as meteorological, hydrological and agricultural droughts were estimated from the precipitation, runoff and soil moisture. The Mann-Kendall test showed high increase in future drought trend during spring and winter seasons, and the drought frequency of SRI and SSI is expected higher than that of SPI. These results show the high impact of climate change on hydrological and agriculture drought compared to meteorological drought.