Australia vs Republic of Korea: GDP per capita, PPP
GDP per capita, PPP over time
- Australia
- Republic of Korea
How they compare
Australia currently reports 60,194 constant 2021 international $ against 55,697 constant 2021 international $ in Republic of Korea, a difference of 4,497 constant 2021 international $.
That makes Australia's figure about 1.1 times Republic of Korea's.
Across all 36 years both countries report, Australia has been ahead every year.
Australia ranks 29th and Republic of Korea ranks 32nd of 200 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 38,677 constant 2021 international $ | 19,596 constant 2021 international $ | 19,081 constant 2021 international $ | Australia |
| 2000s | 49,109 constant 2021 international $ | 32,278 constant 2021 international $ | 16,832 constant 2021 international $ | Australia |
| 2010s | 55,577 constant 2021 international $ | 44,545 constant 2021 international $ | 11,033 constant 2021 international $ | Australia |
| 2020s | 59,468 constant 2021 international $ | 53,186 constant 2021 international $ | 6,281 constant 2021 international $ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Australia or Republic of Korea?
- Australia, at 60,194 constant 2021 international $ against 55,697 constant 2021 international $ in Republic of Korea as of 2025.
- What is the difference in gdp per capita, ppp between Australia and Republic of Korea?
- 4,497 constant 2021 international $, with Australia ahead.
- How many years of comparable data are there for Australia and Republic of Korea?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Republic of Korea rank globally for gdp per capita, ppp?
- Australia ranks 29th and Republic of Korea ranks 32nd of 200 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross domestic product (GDP) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.