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 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 36,113.000 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.

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.

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.

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 July of 2025.

Korea GDP: per Capita data was reported at 33,622,036.723 KRW in 2017. This records an increase from the previous number of 32,037,532.432 KRW for 2016. Korea GDP: per Capita data is updated yearly, averaging 3,639,935.150 KRW from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 33,622,036.723 KRW in 2017 and a record low of 9,988.656 KRW in 1960. Korea GDP: 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. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Historical dataset showing South Korea GDP per capita by year from 1960 to 2023.

GDP per capita (current LCU) in South Korea was reported at 43245332 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GDP per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

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.

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.; ;

In 2022, the gross regional domestic product (GRDP) per capita in Busan, South Korea amounted to about **** million South Korean won, up from about **** million South Korean won in the previous year. Busan's gross regional product per capita has continuously increased in recent years, with the exception of 2020.

GDP per capita, PPP (current international $) in South Korea was reported at 52204 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

GDP per capita growth of Republic of Korea sank by 54.43% from 2.8 % in 2022 to 1.3 % in 2023. Since the 13.04% jump in 2017, GDP per capita growth plummeted by 55.47% in 2023. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Korea (DC)Gross Domestic Product Per Capita data was reported at 1,860.000 KRW tt in 2007. This records an increase from the previous number of 1,756.000 KRW tt for 2006. Korea (DC)Gross Domestic Product Per Capita data is updated yearly, averaging 345.500 KRW tt from Dec 1970 (Median) to 2007, with 38 observations. The data reached an all-time high of 1,860.000 KRW tt in 2007 and a record low of 9.000 KRW tt in 1970. Korea (DC)Gross Domestic Product 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). Introduction of Reference year 2005=100. Replacement Series ID: 211836002

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, Seoul's gross regional domestic product (GRDP) per capita amounted to about ** million South Korean won, up from about ** million won in the previous year. The GRDP per capita in Seoul has shown steady growth over the past few years.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Republic of Korea (PPCGDPKRA620NUPN) from 1953 to 2010 about Korea, PPP, per capita, and GDP.

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.