Disclosed are a hot dip coated steel and a method for manufacturing the same, the hot dip coated steel comprising a hot rolled steel and a hot dip coated layer formed on the surface of the hot rolled steel, wherein the hot rolled steel comprises: by wt %, 0.05-0.15% of C, 0.5% or less of Si (excluding 0%), 0.5-1.5% of Mn, 0.01-0.05% of Nb, 0.005-0.05% of V, 0.03% or less of P (excluding 0%), 0.015% of S or less (excluding 0%), 0.05% or less of Al (excluding 0%), 0.01% or less of N (excluding 0%), and the balance of Fe and inevitable impurities; 90 area % or more of ferrite as the microstructure thereof; and 5,000-15,000/μm2 of V-based precipitates.