Korea - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Korea was $31,597.50 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $33,436.92 in 2018 and $93.83 in 1961.

Definition: 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 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $158.25
1961 $93.83
1962 $106.15
1963 $146.31
1964 $123.60
1965 $108.72
1966 $133.47
1967 $161.16
1968 $198.43
1969 $243.42
1970 $279.31
1971 $301.18
1972 $324.20
1973 $406.90
1974 $563.36
1975 $617.46
1976 $834.13
1977 $1,055.88
1978 $1,405.82
1979 $1,783.62
1980 $1,715.43
1981 $1,883.45
1982 $1,992.53
1983 $2,198.94
1984 $2,413.26
1985 $2,482.40
1986 $2,834.90
1987 $3,554.60
1988 $4,748.63
1989 $5,817.03
1990 $6,610.04
1991 $7,636.98
1992 $8,126.67
1993 $8,884.93
1994 $10,385.34
1995 $12,564.78
1996 $13,403.05
1997 $12,398.48
1998 $8,281.70
1999 $10,672.42
2000 $12,256.99
2001 $11,561.25
2002 $13,165.07
2003 $14,672.86
2004 $16,496.12
2005 $19,402.50
2006 $21,743.48
2007 $24,086.41
2008 $21,350.43
2009 $19,143.85
2010 $23,087.23
2011 $25,096.26
2012 $25,466.76
2013 $27,182.73
2014 $29,249.58
2015 $28,732.23
2016 $29,288.87
2017 $31,616.84
2018 $33,436.92
2019 $31,902.42
2020 $31,597.50

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Korea was 37,293,460 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 37,293,460 in 2020 and a minimum value of 9,989 in 1960.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 9,989
1961 11,709
1962 13,799
1963 19,021
1964 26,432
1965 28,964
1966 36,217
1967 43,597
1968 54,896
1969 70,145
1970 86,741
1971 104,553
1972 127,374
1973 162,076
1974 227,861
1975 298,849
1976 403,721
1977 511,046
1978 680,418
1979 863,273
1980 1,042,003
1981 1,282,687
1982 1,456,698
1983 1,705,823
1984 1,945,043
1985 2,159,738
1986 2,498,826
1987 2,923,904
1988 3,473,480
1989 3,905,903
1990 4,678,320
1991 5,600,581
1992 6,344,085
1993 7,131,666
1994 8,344,099
1995 9,690,836
1996 10,782,080
1997 11,794,550
1998 11,606,310
1999 12,687,580
2000 13,862,170
2001 14,925,460
2002 16,470,680
2003 17,484,320
2004 18,893,340
2005 19,870,430
2006 20,760,470
2007 22,382,470
2008 23,529,170
2009 24,445,360
2010 26,690,240
2011 27,813,990
2012 28,687,560
2013 29,761,100
2014 30,798,660
2015 32,500,680
2016 33,987,780
2017 35,740,460
2018 36,797,330
2019 37,177,720
2020 37,293,460

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Korea was 31,327 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 31,640 in 2019 and 1,027 in 1960.

Definition: 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 constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 1,027
1961 1,067
1962 1,077
1963 1,142
1964 1,218
1965 1,274
1966 1,391
1967 1,483
1968 1,639
1969 1,836
1970 1,977
1971 2,143
1972 2,255
1973 2,545
1974 2,740
1975 2,906
1976 3,238
1977 3,581
1978 3,913
1979 4,188
1980 4,056
1981 4,282
1982 4,568
1983 5,104
1984 5,573
1985 5,951
1986 6,559
1987 7,321
1988 8,119
1989 8,608
1990 9,365
1991 10,273
1992 10,797
1993 11,423
1994 12,356
1995 13,409
1996 14,330
1997 15,072
1998 14,196
1999 15,712
2000 16,992
2001 17,681
2002 18,937
2003 19,432
2004 20,361
2005 21,193
2006 22,192
2007 23,361
2008 23,883
2009 23,948
2010 25,451
2011 26,187
2012 26,675
2013 27,395
2014 28,095
2015 28,732
2016 29,462
2017 30,307
2018 31,054
2019 31,640
2020 31,327

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Korea was 35,436,240 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 35,790,070 in 2019 and a minimum value of 1,162,229 in 1960.

Definition: 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. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,162,229
1961 1,206,505
1962 1,218,167
1963 1,291,579
1964 1,377,440
1965 1,441,142
1966 1,573,916
1967 1,677,197
1968 1,854,480
1969 2,076,970
1970 2,236,379
1971 2,423,958
1972 2,550,532
1973 2,879,154
1974 3,099,472
1975 3,286,718
1976 3,662,330
1977 4,050,471
1978 4,426,360
1979 4,737,766
1980 4,587,738
1981 4,844,005
1982 5,167,421
1983 5,772,889
1984 6,303,752
1985 6,731,293
1986 7,419,591
1987 8,281,649
1988 9,184,058
1989 9,736,852
1990 10,593,740
1991 11,619,950
1992 12,212,660
1993 12,920,660
1994 13,976,900
1995 15,167,330
1996 16,208,970
1997 17,048,530
1998 16,057,700
1999 17,772,250
2000 19,221,170
2001 19,999,820
2002 21,420,670
2003 21,980,620
2004 23,031,580
2005 23,973,030
2006 25,102,860
2007 26,424,860
2008 27,015,130
2009 27,089,490
2010 28,789,090
2011 29,621,510
2012 30,174,120
2013 30,987,660
2014 31,779,780
2015 32,500,680
2016 33,325,920
2017 34,282,440
2018 35,126,560
2019 35,790,070
2020 35,436,240

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Korea was 45,226 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 45,226 in 2020 and 8,355 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 8,355
1991 9,475
1992 10,185
1993 11,031
1994 12,187
1995 13,503
1996 14,694
1997 15,722
1998 14,975
1999 16,807
2000 18,539
2001 19,724
2002 21,397
2003 22,096
2004 23,774
2005 25,187
2006 26,884
2007 29,065
2008 29,946
2009 29,508
2010 31,737
2011 32,547
2012 33,557
2013 34,244
2014 35,325
2015 37,902
2016 39,575
2017 40,957
2018 43,044
2019 42,998
2020 45,226

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Korea was 42,336 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 42,759 in 2019 and 12,656 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 12,656
1991 13,882
1992 14,591
1993 15,436
1994 16,698
1995 18,120
1996 19,365
1997 20,368
1998 19,184
1999 21,233
2000 22,964
2001 23,894
2002 25,591
2003 26,260
2004 27,516
2005 28,641
2006 29,991
2007 31,570
2008 32,275
2009 32,364
2010 34,394
2011 35,389
2012 36,049
2013 37,021
2014 37,967
2015 38,829
2016 39,815
2017 40,957
2018 41,966
2019 42,759
2020 42,336

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts