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Key information about South Korea Gross National Product (GNP)
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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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;
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Korea GDP: USD: Gross National Income data was reported at 1,530.807 USD bn in 2017. This records an increase from the previous number of 1,418.616 USD bn for 2016. Korea GDP: USD: Gross National Income data is updated yearly, averaging 219.006 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1,530.807 USD bn in 2017 and a record low of 2.447 USD bn in 1961. Korea GDP: USD: Gross 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. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
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Korea GDP: USD: Gross National Income: Atlas Method data was reported at 1,460.492 USD bn in 2017. This records an increase from the previous number of 1,418.910 USD bn for 2016. Korea GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 248.922 USD bn from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 1,460.492 USD bn in 2017 and a record low of 3.141 USD bn in 1962. Korea GDP: USD: Gross National Income: 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 (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.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
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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KR: Gross National Income: USD: 2015 Price data was reported at 1,693.094 USD bn in 2023. This records an increase from the previous number of 1,662.683 USD bn for 2022. KR: Gross National Income: USD: 2015 Price data is updated yearly, averaging 516.686 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1,693.094 USD bn in 2023 and a record low of 29.388 USD bn in 1960. KR: Gross National Income: USD: 2015 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: Real. 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 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
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Korea GDP: 2010 Price: USD: Gross National Income data was reported at 1,345.996 USD bn in 2017. This records an increase from the previous number of 1,309.540 USD bn for 2016. Korea GDP: 2010 Price: USD: Gross National Income data is updated yearly, averaging 317.435 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1,345.996 USD bn in 2017 and a record low of 23.899 USD bn in 1960. Korea GDP: 2010 Price: USD: Gross 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: Real. 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 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
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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;
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Korea GDP: 2010 Price: USD: GNI per Capita data was reported at 26,153.007 USD in 2017. This records an increase from the previous number of 25,554.142 USD for 2016. Korea GDP: 2010 Price: USD: GNI per Capita data is updated yearly, averaging 7,513.814 USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 26,153.007 USD in 2017 and a record low of 955.483 USD in 1960. Korea GDP: 2010 Price: USD: 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: 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 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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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;
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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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Os dados de Gross National Product (GNP) da Coreia do Sul foram registrados em 486.925 USD bn em 2024-12. Este é um registro de um aumento com relação aos números anteriores de 481.994 USD bn em 2024-09. Os dados de Gross National Product (GNP) da Coreia do Sul são atualizados trimestral, com uma média de 90.749 USD bn em 1960-03 até 2024-12, com 260 observações. Os dados alcançaram um alto recorde de 504.693 USD bn em 2021-12 e um baixo recorde de 554.231 USD mn em 1961-09. Os dados de Gross National Product (GNP) da Coreia do Sul permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Gross National Product: USD: Quarterly.
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Korea GNI: PPP data was reported at 1,973,042.453 Intl $ mn in 2017. This records an increase from the previous number of 1,882,180.197 Intl $ mn for 2016. Korea GNI: PPP data is updated yearly, averaging 1,060,407.138 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1,973,042.453 Intl $ mn in 2017 and a record low of 354,253.652 Intl $ mn in 1990. Korea GNI: PPP 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. PPP GNI (formerly PPP GNP) 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. Gross national income 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 international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
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Korea GDP: 2010 Price: USD: Adjusted Net National Income data was reported at 1,070.984 USD bn in 2016. This records an increase from the previous number of 1,034.803 USD bn for 2015. Korea GDP: 2010 Price: USD: Adjusted Net National Income data is updated yearly, averaging 483.382 USD bn from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 1,070.984 USD bn in 2016 and a record low of 75.013 USD bn in 1971. Korea GDP: 2010 Price: 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 South Korea – Table KR.World Bank.WDI: Gross Domestic Product: Real. 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;
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South Korea GDP: 2015 Price: USD: Adjusted Net National Income data was reported at 1,317.970 USD bn in 2021. This records an increase from the previous number of 1,278.023 USD bn for 2020. South Korea GDP: 2015 Price: USD: Adjusted Net National Income data is updated yearly, averaging 586.414 USD bn from Dec 1971 (Median) to 2021, with 51 observations. The data reached an all-time high of 1,317.970 USD bn in 2021 and a record low of 81.406 USD bn in 1971. South Korea GDP: 2015 Price: 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 South Korea – Table KR.World Bank.WDI: Gross Domestic Product: Real. 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).;Gap-filled total;
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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 GNI: PPP: GNI per Capita data was reported at 38,340.000 Intl $ in 2017. This records an increase from the previous number of 36,730.000 Intl $ for 2016. Korea GNI: PPP: GNI per Capita data is updated yearly, averaging 22,095.000 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 38,340.000 Intl $ in 2017 and a record low of 8,260.000 Intl $ in 1990. Korea GNI: PPP: 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: 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 current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
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KR: GNI: PPP: 2017 Price data was reported at 2,214,195.039 Intl $ mn in 2022. This records a decrease from the previous number of 2,229,561.096 Intl $ mn for 2021. KR: GNI: PPP: 2017 Price data is updated yearly, averaging 1,405,900.856 Intl $ mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 2,229,561.096 Intl $ mn in 2021 and a record low of 601,893.608 Intl $ mn in 1990. KR: GNI: 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. PPP GNI (formerly PPP GNP) 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. Gross national income 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.;Gap-filled total;
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Korea GNI: PPP: 2011 Price data was reported at 1,849,937,643,338.850 Intl $ in 2017. This records an increase from the previous number of 1,799,832,704,595.560 Intl $ for 2016. Korea GNI: PPP: 2011 Price data is updated yearly, averaging 1,152,059,016,832.790 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1,849,937,643,338.850 Intl $ in 2017 and a record low of 497,873,850,304.921 Intl $ in 1990. Korea GNI: PPP: 2011 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. PPP GNI (formerly PPP GNP) 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. Gross national income 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 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;
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Key information about South Korea Gross National Product (GNP)