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.

The gross domestic product (GDP) per capita in South Korea was forecast to continuously increase between 2024 and 2030 by in total 5,762.76 U.S. dollars (+15.95 percent). After the seventh consecutive increasing year, the GDP per capita is estimated to reach 41,891.75 U.S. dollars and therefore a new peak in 2030. 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 prices and then divided by the total population. The gross domestic products 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).Find more key insights for the gross domestic product (GDP) per capita in countries like Mongolia, Japan, and Taiwan.

The Gross Domestic Product (GDP) in North Korea was worth 18 billion US dollars in 2019, according to official data from the World Bank. The GDP value of North Korea represents 0.02 percent of the world economy. This dataset provides - North Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Key information about South Korea GDP Per Capita

• South Korea Gross Domestic Product (GDP) per Capita reached 36,113.000 USD in Dec 2024, compared with 35,569.900 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 5,442.300 USD.
• The data reached an all-time high of 37,503.100 USD in Dec 2021 and a record low of 64.230 in Dec 1955.

• In the latest reports, South Korea GDP expanded 1.012 % YoY in Mar 2023.
• South Korea Nominal GDP reached 429.247 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 1.394 % in Mar 2023.
• Gross Savings Rate of South Korea was measured at 29.857 % in Mar 2023.

GDP per person employed (constant 2017 PPP $) in North Korea was reported at 2745 USD in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. North Korea - GDP per person employed (constant 1990 PPP $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

North Korea: GDP per capita, constant dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0.00 U.S. dollars, based on data from countries. Historically, the average for North Korea from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

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.

GDP per capita (constant 2015 US$) in South Korea was reported at 34121 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In 2023, South Korea's gross domestic product (GDP) grew by about *** percent compared to the previous year. North Korea's GDP growth rate stood at about *** percent that year, achieving positive growth for the first time after experiencing a period of negative growth during the COVID-19 pandemic.

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 26826 U.S. dollars, based on data from 183 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.

Graph and download economic data for Gross Domestic Product Per Capita for Republic of Korea (PCAGDPKRA646NWDB) from 1960 to 2023 about Korea, per capita, and GDP.

The Gross Domestic Product (GDP) in North Korea expanded 3.10 percent in the fourth quarter of 2023 over the same quarter of the previous year. This dataset provides - North Korea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.; ;

The Gross Domestic Product (GDP) in South Korea was worth 1712.79 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Korea represents 1.62 percent of the world economy. This dataset provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

North Korea KP:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data was reported at 2,752.026 Intl $ in 2017. This records an increase from the previous number of 2,720.361 Intl $ for 2016. North Korea KP:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data is updated yearly, averaging 2,752.026 Intl $ from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 3,905.480 Intl $ in 1991 and a record low of 2,558.657 Intl $ in 1998. North Korea KP:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s North Korea – Table KP.World Bank: Employment and Unemployment. GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2011 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

GDP per person employed (constant 2017 PPP $) in South Korea was reported at 90534 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GDP per person employed (constant 1990 PPP $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The statistic shows gross domestic product (GDP) of South Korea from 1987 to 2024, with projections up until 2029. GDP or gross domestic product is the sum of all goods and services produced in a country in a year; it is a strong indicator of economic strength. In 2024, South Korea's GDP was around 1.87 trillion U.S. dollars. See global GDP for a global comparison. South Korea’s economy South Korea is doing quite well economically. It is among the leading export countries worldwide, it mainly exports electronics, automobiles and machinery. South Korea is also one of the leading import countries worldwide. Additionally, it is one of the leading countries with the largest proportion of global domestic product / GDP based on Purchasing Power Parity (PPP). Its GDP has been increasing for the last few years, while the gross domestic product / GDP growth in South Korea has not been steady but increasing since 2009. South Korea is an OECD member and a member of the G20 states. Among the latter, its GDP growth was higher than that of the United States or the European Union in 2013. South Korea is one of the fastest-growing economies worldwide. Its standard of living is also considered to be quite high, the unemployment rate, which is one key factor, has been at around 3 percent, give or take a few percentage points, for the past decade. As a comparison, the United States’ unemployment rate was almost twice, sometimes three times as high as in South Korea during the same period. As for employment, South Korea’s rate is almost the same as that of the United States or France, with more than 60 percent of employed persons in the population.

North Korea: Capital investment as percent of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for North Korea from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .