The Gross Domestic Product per capita in South Korea was last recorded at 34121.02 US dollars in 2023. The GDP per Capita in South Korea is equivalent to 270 percent of the world's average. This dataset provides - South Korea GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about South Korea GDP Per Capita

• South Korea Gross Domestic Product (GDP) per Capita reached 36,222.600 USD in Dec 2024, compared with 35,681.000 USD in Dec 2023.
• South Korea GDP Per Capita data is updated yearly, available from Dec 1953 to Dec 2024, with an average number of 5.500 USD.
• The data reached an all-time high of 5.500 USD in Dec 2025 and a record low of 5.500 in Dec 2025.

• In the latest reports, South Korea GDP expanded 1.705 % YoY in Sep 2025.
• South Korea Nominal GDP reached 471.908 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 2.803 % in Jun 2025.
• Gross Savings Rate of South Korea was measured at 35.242 % in Jun 2025.

The gross domestic product (GDP) per capita in South Korea stood at 36,240 U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by 34,500 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by 8,020 U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

The Gross Domestic Product per capita in South Korea was last recorded at 49995.49 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in South Korea, when adjusted by Purchasing Power Parity is equivalent to 281 percent of the world's average. This dataset provides the latest reported value for - South Korea GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

South Korea: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 50414 U.S. dollars, an increase from 49778 U.S. dollars in 2022. In comparison, the world average is 26561 U.S. dollars, based on data from 187 countries. Historically, the average for South Korea from 1990 to 2023 is 32678 U.S. dollars. The minimum value, 13840 U.S. dollars, was reached in 1990 while the maximum of 50414 U.S. dollars was recorded in 2023.

Korea GDP: GNI per Capita data was reported at 33,623,258.884 KRW in 2017. This records an increase from the previous number of 32,123,840.149 KRW for 2016. Korea GDP: GNI per Capita data is updated yearly, averaging 3,619,036.227 KRW from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 33,623,258.884 KRW in 2017 and a record low of 10,078.212 KRW in 1960. Korea GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

In 2023, South Korea's gross national income (GNI) per capita was approximately ***** million South Korean won, while North Korea's GNI per capita was about **** million won. South Korea's GNI per capita was almost ** times higher than that of North Korea.

Korea GDP: Growth: GNI per Capita data was reported at 2.344 % in 2017. This records a decrease from the previous number of 2.466 % for 2016. Korea GDP: Growth: GNI per Capita data is updated yearly, averaging 6.325 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 12.648 % in 1973 and a record low of -6.955 % in 1998. Korea GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

In 2022, the gross regional domestic product (GRDP) per capita in Ulsan, South Korea amounted to about **** million South Korean won. The province of Chungnam and the capital city of Seoul followed with about **** million and **** million South Korean won, respectively.

In 2023, South Korea's nominal gross domestic product (GDP) reached approximately ***** trillion South Korean won, while North Korea's amounted to about **** trillion South Korean won. Consequently, South Korea's nominal GDP was approximately ** times larger than that of North Korea during that year. Moreover, North Korea's GDP growth has been notably slower than that of South Korea.North Korea's economic development North Korea's economy is centered around its capital city and military, with particular emphasis on the expansion of its nuclear capabilities in recent decades. Roughly ** percent of foreign trade has been with China in the past decade, from which it imports mainly intermediate goods and raw materials. Food shortages, exacerbated by the COVID-19 pandemic, are a recurring issue for North Korea, as poor harvests, international sanctions, and a downturn in inter-Korean trade have created sourcing problems. The full extent of this issue remains unknown, but it is estimated that almost **** the population is undernourished. Kaesong Industrial ComplexThe Kaesong Industrial Complex project began in 2000 and was a crucial part of South Korea's efforts to improve relations with North Korea. It aimed to foster cooperation between the two Koreas and promote stability in the region. The industrial park, located in Kaesong, North Korea, was intended to provide a platform for small and medium-sized South Korean companies. South Korea would provide the necessary capital and infrastructure, while North Korean workers would be tasked with manufacturing products, aiming to stimulate economic growth on both sides of the border. Unfortunately, the complex was affected by tensions between the two Koreas and shut down in 2016. It has not been reopened since.

This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Korea (DC)Gross National Income Per Capita: US$ data was reported at 20,045.000 USD in 2007. This records an increase from the previous number of 18,401.000 USD for 2006. Korea (DC)Gross National Income Per Capita: US$ data is updated yearly, averaging 4,926.500 USD from Dec 1970 (Median) to 2007, with 38 observations. The data reached an all-time high of 20,045.000 USD in 2007 and a record low of 254.000 USD in 1970. Korea (DC)Gross National Income Per Capita: US$ data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.A080: GDP: By Expenditure: Current Price (Annual) (Old).

This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Korea (DC)Gross National Income Per Capita data was reported at 1,863.000 KRW tt in 2007. This records an increase from the previous number of 1,758.000 KRW tt for 2006. Korea (DC)Gross National Income Per Capita data is updated yearly, averaging 344.000 KRW tt from Dec 1970 (Median) to 2007, with 38 observations. The data reached an all-time high of 1,863.000 KRW tt in 2007 and a record low of 9.000 KRW tt in 1970. Korea (DC)Gross National Income Per Capita data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.A080: GDP: By Expenditure: Current Price (Annual) (Old).

In 2023, South Korea's gross national income (GNI) per capita was around 36,194 U.S. dollars, which was an increase from approximately 35,229 U.S. dollars in the previous year. Over the past 20 years, South Korea's GNI per capita has more than doubled.

Korea GDP: USD: Adjusted Net National Income per Capita data was reported at 22,172.113 USD in 2016. This records an increase from the previous number of 21,881.353 USD for 2015. Korea GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 7,288.961 USD from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 22,446.486 USD in 2014 and a record low of 282.807 USD in 1971. Korea GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

Key information about South Korea Gross Savings Rate

• South Korea Gross Savings Rate was measured at 35.2% in Jun 2025, compared with 35.2% in the previous quarter.
• South Korea Gross Savings Rate is updated quarterly, with data available from Mar 1970 to Jun 2025, and an average rate of 35.2%.
• The data reached an all-time high of 35.2% in Sep 1988 and a record low of -0.8% in Mar 1972.
• CEIC calculates Gross National Savings Rate from quarterly Gross Savings and quarterly Gross National Income. The Bank of Korea provides Gross Savings in local currency and Gross National Income in local currency.
• In the latest reports, South Korea GDP expanded 1.7% YoY in Sep 2025.
• South Korea Nominal GDP reached 471,908.5 USD mn in Jun 2025. Its GDP deflator (implicit price deflator) increased 2.8% in Jun 2025.
• South Korea GDP Per Capita reached 36,222.6 USD in Dec 2024.

Korea GDP: Growth: Imports of Goods and Services data was reported at 7.028 % in 2017. This records an increase from the previous number of 4.728 % for 2016. Korea GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 12.352 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 49.513 % in 1966 and a record low of -24.890 % in 1964. Korea GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

In 2023, the average annual household expenditure in South Korea amounted to approximately **** million South Korean won, a slight increase from about **** million won in the previous year. The annual household expenditure has been steadily increasing over the past few years.

Korea GDP: USD: Adjusted Net National Income data was reported at 1,136.226 USD bn in 2016. This records an increase from the previous number of 1,116.276 USD bn for 2015. Korea GDP: USD: Adjusted Net National Income data is updated yearly, averaging 320.574 USD bn from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 1,139.084 USD bn in 2014 and a record low of 9.299 USD bn in 1971. Korea GDP: USD: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Gap-filled total;