Australia and New Zealand vs Republic of Korea: Gross National Income — Value US$

Australia and New Zealand
1.96 million million USD
in 2023
Republic of Korea
1.87 million million USD
in 2023
Australia and New Zealand rank
12th
Republic of Korea rank
15th

Gross National Income — Value US$ over time

  • Australia and New Zealand
  • Republic of Korea
0500.0k1.0M1.5M2.0M197019962023

How they compare

Australia and New Zealand currently reports 1.96 million million USD against 1.87 million million USD in Republic of Korea, a difference of 89,170 million USD.

The two have swapped places 6 times across 54 shared years of data; in 1970 it was Australia and New Zealand ahead.

Australia and New Zealand ranks 12th and Republic of Korea ranks 15th of 236 countries.

Across the 6 decades both report, Australia and New Zealand averaged higher in 4 and Republic of Korea in 2.

Head to head by decade

Decade Australia and New Zealand Republic of Korea Difference Ahead
1970s 109,600 million USD 27,644 million USD 81,956 million USD Australia and New Zealand
1980s 242,618 million USD 123,237 million USD 119,381 million USD Australia and New Zealand
1990s 413,840 million USD 458,389 million USD 44,549 million USD Republic of Korea
2000s 778,320 million USD 870,186 million USD 91,867 million USD Republic of Korea
2010s 1.57 million million USD 1.53 million million USD 35,008 million USD Australia and New Zealand
2020s 1.87 million million USD 1.85 million million USD 12,348 million USD Australia and New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national income — value us$, Australia and New Zealand or Republic of Korea?
Australia and New Zealand, at 1.96 million million USD against 1.87 million million USD in Republic of Korea as of 2023.
What is the difference in gross national income — value us$ between Australia and New Zealand and Republic of Korea?
89,170 million USD, with Australia and New Zealand ahead.
How many years of comparable data are there for Australia and New Zealand and Republic of Korea?
54 years are reported by both, from 1970 to 2023.
How do Australia and New Zealand and Republic of Korea rank globally for gross national income — value us$?
Australia and New Zealand ranks 12th and Republic of Korea ranks 15th of 236 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross National Income — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia and New Zealand vs Republic of Korea: Gross National Income — Value US$. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/gross-national-income-value-us/australia-and-new-zealand/republic-of-korea/

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About this data

Indicator
Gross National Income — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 13,315 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).