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.
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GNI per capita, PPP (current international $) in South Korea was reported at 53180 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GNI per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
In 2023, South Korea's gross national income (GNI) per capita was approximately ***** million South Korean won, while North Korea's GNI per capita was about **** million won. South Korea's GNI per capita was almost ** times higher than that of North Korea.
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Korea GDP: Real: GNI per Capita data was reported at 30,234,471.995 KRW in 2017. This records an increase from the previous number of 29,542,147.396 KRW for 2016. Korea GDP: Real: GNI per Capita data is updated yearly, averaging 8,686,427.103 KRW from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 30,234,471.995 KRW in 2017 and a record low of 1,104,596.571 KRW in 1960. Korea GDP: Real: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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GNI per capita, Atlas method (current US$) in South Korea was reported at 35490 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GNI per capita, Atlas method - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.
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.
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GNI per capita growth (annual %) in South Korea was reported at 1.7501 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GNI per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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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;
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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.
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Korea GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 28,380.000 USD in 2017. This records an increase from the previous number of 27,690.000 USD for 2016. Korea GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 5,835.000 USD from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 28,380.000 USD in 2017 and a record low of 120.000 USD in 1963. Korea GDP: USD: Gross National Income per Capita: Atlas Method 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. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI 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. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
In 2024, South Korea's gross national income (GNI) increased by 3.5 percent year-on-year. Real per capita GNI that year amounted to around 43 million South Korean won, showing an increase compared to the previous year.
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GNI per capita, PPP (constant 2017 international $) in South Korea was reported at 49571 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GNI per capita, PPP (constant 2011 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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South Korea GNI per Capita: PPP: 2017 Price data was reported at 42,887.387 Intl $ in 2022. This records a decrease from the previous number of 43,087.573 Intl $ for 2021. South Korea GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 29,024.575 Intl $ from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 43,087.573 Intl $ in 2021 and a record low of 14,040.207 Intl $ in 1990. South Korea GNI per Capita: PPP: 2017 Price 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: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI 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 constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
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Korea Cost of Business Start-Up Procedures: % of GNI per Capita data was reported at 14.600 % in 2017. This stayed constant from the previous number of 14.600 % for 2016. Korea Cost of Business Start-Up Procedures: % of GNI per Capita data is updated yearly, averaging 14.700 % from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 18.400 % in 2003 and a record low of 14.500 % in 2015. Korea Cost of Business Start-Up Procedures: % of 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: Company Statistics. Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
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GNI per capita (current LCU) in South Korea was reported at 44051004 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GNI per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.
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Graph and download economic data for Real GDP per Capita in the Republic of Korea (South Korea) (DISCONTINUED) (KORRGDPC) from 1960 to 2011 about Korea, per capita, real, and GDP.
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<ul style='margin-top:20px;'>
<li>South Korea GNP for 2022 was <strong>1.868 trillion US dollars</strong>, a <strong>2.58% increase</strong> from 2021.</li>
<li>South Korea GNP for 2021 was <strong>1.821 trillion US dollars</strong>, a <strong>6.34% increase</strong> from 2020.</li>
<li>South Korea GNP for 2020 was <strong>1.713 trillion US dollars</strong>, a <strong>2.19% decline</strong> from 2019.</li>
</ul>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 U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
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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.
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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.
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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.
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.