Republic of Korea vs Spain: GNI, PPP

Republic of Korea
2.92 trillion constant 2021 international $
in 2025
Spain
2.37 trillion constant 2021 international $
in 2024
Republic of Korea rank
12th
Spain rank
13th

GNI, PPP over time

  • Republic of Korea
  • Spain
500.0B1.0T1.5T2.0T2.5T3.0T199020072025

How they compare

Republic of Korea currently reports 2.92 trillion constant 2021 international $ against 2.37 trillion constant 2021 international $ in Spain, a difference of 549.36 billion constant 2021 international $.

That makes Republic of Korea's figure about 1.2 times Spain's.

The two have swapped places 1 time across 35 shared years of data; in 1990 it was Spain ahead.

Republic of Korea ranks 12th and Spain ranks 13th of 158 countries.

Across the 4 decades both report, Republic of Korea averaged higher in 2 and Spain in 2.

Head to head by decade

Decade Republic of Korea Spain Difference Ahead
1990s 988.03 billion constant 2021 international $ 1.31 trillion constant 2021 international $ 323.01 billion constant 2021 international $ Spain
2000s 1.58 trillion constant 2021 international $ 1.84 trillion constant 2021 international $ 255.90 billion constant 2021 international $ Spain
2010s 2.29 trillion constant 2021 international $ 2.01 trillion constant 2021 international $ 273.18 billion constant 2021 international $ Republic of Korea
2020s 2.72 trillion constant 2021 international $ 2.19 trillion constant 2021 international $ 534.72 billion constant 2021 international $ Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gni, ppp, Republic of Korea or Spain?
Republic of Korea, at 2.92 trillion constant 2021 international $ against 2.37 trillion constant 2021 international $ in Spain as of 2025.
What is the difference in gni, ppp between Republic of Korea and Spain?
549.36 billion constant 2021 international $, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and Spain?
35 years are reported by both, from 1990 to 2024.
How do Republic of Korea and Spain rank globally for gni, ppp?
Republic of Korea ranks 12th and Spain ranks 13th of 158 countries.
Where does this data come from?
International Comparison Program (ICP), World Bank (WB), published as GNI, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Spain: GNI, PPP. Statizoid, drawing on International Comparison Program (ICP), World Bank (WB). Retrieved 23 August 2026, from https://economy.statizoid.com/compare/gni-ppp-constant-2021-international/korea-rep/spain/

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About this data

Indicator
GNI, PPP (constant 2021 international $)
Unit
constant 2021 international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,332 data points, 1990–2025
Last refreshed

This indicator provides values for gross national income (GNI) 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 national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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.