Republic of Korea vs Lower middle income: GDP per capita, PPP
GDP per capita, PPP over time
- Republic of Korea
- Lower middle income
How they compare
Republic of Korea currently reports 63,125 current international $ against 10,942 current international $ in Lower middle income, a difference of 52,183 current international $.
That makes Republic of Korea's figure about 5.8 times Lower middle income's.
Across all 36 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 35th and Lower middle income ranks 32nd of 203 countries.
Republic of Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Republic of Korea | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13,091 current international $ | 1,982 current international $ | 11,109 current international $ | Republic of Korea |
| 2000s | 25,579 current international $ | 3,254 current international $ | 22,325 current international $ | Republic of Korea |
| 2010s | 39,165 current international $ | 5,672 current international $ | 33,492 current international $ | Republic of Korea |
| 2020s | 56,119 current international $ | 9,063 current international $ | 47,057 current international $ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Republic of Korea or Lower middle income?
- Republic of Korea, at 63,125 current international $ against 10,942 current international $ in Lower middle income as of 2025.
- What is the difference in gdp per capita, ppp between Republic of Korea and Lower middle income?
- 52,183 current international $, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Lower middle income?
- 36 years are reported by both, from 1990 to 2025.
- How do Republic of Korea and Lower middle income rank globally for gdp per capita, ppp?
- Republic of Korea ranks 35th and Lower middle income ranks 32nd of 203 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.