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 Household Income per Capita

• South Korea Annual Household Income per Capita reached 19,208.928 USD in Dec 2024, compared with the previous value of 19,230.954 USD in Dec 2023.
• South Korea Annual Household Income per Capita data is updated yearly, available from Dec 2003 to Dec 2024, with an averaged value of 14,027.328 USD.
• The data reached an all-time high of 19,230.954 USD in Dec 2023 and a record low of 7,685.194 USD in Dec 2003.
• In the latest reports, Retail Sales of South Korea grew 3.324 % YoY in Oct 2025.

CEIC calculates Annual Household Income per Capita from quarterly Monthly Household Income multiplied by 3 and quarterly Average Household Size and converts it into USD. Statistics Korea provides Household Income in local currency and Average Household Size. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income excludes single person and farm households. Household Income per Capita prior to 2019 is based on old methodology.

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.

Related information about South Korea GDP Per Capita data

• 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 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.

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).

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).

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 2023, South Korea's per capita disposable income amounted to around ***** million South Korean won, up from about ***** million won in the previous year. Per capita net disposable income in South Korea has risen steadily in recent years.

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 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.

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.

Actual value and historical data chart for South Korea Annualized Average Growth Rate In Per Capita Real Survey Mean Consumption Or Income Total Population Percent

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;

Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population (%) in South Korea was reported at 5.11 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

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;

Actual value and historical data chart for South Korea Adjusted Net National Income Per Capita Current Us$

Graph and download economic data for Gross National Income for Republic of Korea (MKTGNIKRA646NWDB) from 1960 to 2023 about GNI, Korea, and income.

In 2024, an estimated ******* people in South Korea owned financial assets worth one billion South Korean won or more. This was a year-on-year increase of around one percent. The rise in stock prices was, among other things, the key reason for the jump in the wealth of these millionaires. High-net-worth-individuals (HNWIs) in South Korea High-net-worth individuals (HNWI) refer to persons with a net worth of over *********** U.S. dollars including their primary residence. The number of HNWIs in South Korea has risen steadily in recent years. While there were about *** thousand HNWIs in 2016, the number exceeded ******* in 2021 and is expected to double the 2015 figure by 2026. South Korea was among the top 15 countries with the most ultra-high-net-worth individuals (UHNWIs), whose net assets, including their homes, exceed ** million U.S. dollars. Who are the wealthiest people in South Korea? In recent years, South Korea has also seen an increase in the number of billionaires, with the capital Seoul being one of the leading cities in the world with the most resident billionaires. With a net worth of around **** billion U.S dollars, Lee Jae-yong (Jay Y. Lee), executive chairman of Samsung Electronics and son of the late Samsung chairman Lee Kun-hee, was the wealthiest person in South Korea as of 2024. Seo Jung-jin, the founder of South Korea's biopharmaceutical company Celltrion, followed and led the wealth ranking along with Samsung boss Lee.

Korea Average: AH: 30~39: Financial Assets data was reported at 102,370.000 KRW th in 2017. This records an increase from the previous number of 96,340.000 KRW th for 2016. Korea Average: AH: 30~39: Financial Assets data is updated yearly, averaging 91,450.000 KRW th from Mar 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 102,370.000 KRW th in 2017 and a record low of 63,790.000 KRW th in 2010. Korea Average: AH: 30~39: Financial Assets data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.H078: SHFLC: Household Assets, Liabilities & Income By Age Groups of Households Head (10Age).

This statistic shows the annual income of one-person households in South Korea in 2017, by age group. In 2017, one-person households in their *** earned around ***** million South Korean won on average.