Adjusted net national income (constant 2015 US$), annual growth rate in South Korea
South Korea: Adjusted net national income (constant 2015 US$), annual growth rate was 2.69 % change on previous year in 2021. ◆ Volatile
Adjusted net national income (constant 2015 US$), annual growth rate in South Korea, 1972–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2021, adjusted net national income (constant 2015 us$), annual growth rate in South Korea stood at 2.69 % change on previous year.
Compared with earlier readings it is up 336.5% on the previous year and up 123.4% over ten years.
Over the whole period, adjusted net national income (constant 2015 us$), annual growth rate in South Korea peaked at 16.46 % change on previous year in 1976 and was at its lowest, -8.39 % change on previous year, in 1998.
That places South Korea 94th out of 150 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income (constant 2015 US$), annual growth rate in South Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1972 | 7.95 % change on previous year | — |
| 1973 | 11.3 % change on previous year | +42.1% |
| 1974 | 3.94 % change on previous year | -65.1% |
| 1975 | 5.54 % change on previous year | +40.4% |
| 1976 | 16.46 % change on previous year | +197.3% |
| 1977 | 11.34 % change on previous year | -31.1% |
| 1978 | 11.64 % change on previous year | +2.7% |
| 1979 | 6.19 % change on previous year | -46.8% |
| 1980 | -6.38 % change on previous year | -203.0% |
| 1981 | 5.67 % change on previous year | -188.9% |
| 1982 | 8.74 % change on previous year | +54.3% |
| 1983 | 13.26 % change on previous year | +51.7% |
| 1984 | 10.69 % change on previous year | -19.4% |
| 1985 | 5.96 % change on previous year | -44.2% |
| 1986 | 12.92 % change on previous year | +116.9% |
| 1987 | 13.85 % change on previous year | +7.1% |
| 1988 | 11.8 % change on previous year | -14.8% |
| 1989 | 8.08 % change on previous year | -31.5% |
| 1990 | 8.36 % change on previous year | +3.5% |
| 1991 | 10.77 % change on previous year | +28.8% |
| 1992 | 5.55 % change on previous year | -48.4% |
| 1993 | 7.01 % change on previous year | +26.3% |
| 1994 | 9.38 % change on previous year | +33.8% |
| 1995 | 7.03 % change on previous year | -25.1% |
| 1996 | 5.98 % change on previous year | -14.9% |
| 1997 | 3.81 % change on previous year | -36.4% |
| 1998 | -8.39 % change on previous year | -320.6% |
| 1999 | 10.42 % change on previous year | -224.1% |
| 2000 | 6.86 % change on previous year | -34.2% |
| 2001 | 3.81 % change on previous year | -44.4% |
| 2002 | 9.47 % change on previous year | +148.5% |
| 2003 | 2.16 % change on previous year | -77.2% |
| 2004 | 4.28 % change on previous year | +98.5% |
| 2005 | 2.03 % change on previous year | -52.6% |
| 2006 | 3.86 % change on previous year | +90.4% |
| 2007 | 5.86 % change on previous year | +51.8% |
| 2008 | -0.987 % change on previous year | -116.8% |
| 2009 | 1.58 % change on previous year | -260.4% |
| 2010 | 8.14 % change on previous year | +414.5% |
| 2011 | 1.2 % change on previous year | -85.2% |
| 2012 | 2.35 % change on previous year | +95.5% |
| 2013 | 3.49 % change on previous year | +48.3% |
| 2014 | 2.87 % change on previous year | -17.8% |
| 2015 | 6.02 % change on previous year | +109.8% |
| 2016 | 4.03 % change on previous year | -33.0% |
| 2017 | 3.44 % change on previous year | -14.6% |
| 2018 | 1.1 % change on previous year | -68.1% |
| 2019 | -0.743 % change on previous year | -167.7% |
| 2020 | -1.14 % change on previous year | +53.0% |
| 2021 | 2.69 % change on previous year | -336.5% |
South Korea compared with similar countries
- South Korea's 2.69 % change on previous year is below the median for high income countries, which is 4.73 % change on previous year, 57% of the median. (51 countries reporting)
- South Korea's 2.69 % change on previous year is above the median for East Asia & Pacific, which is -0.9719 % change on previous year. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.3 % change on previous year | 3.94 % change on previous year | 16.46 % change on previous year | 8 |
| 1980s | 8.46 % change on previous year | -6.38 % change on previous year | 13.85 % change on previous year | 10 |
| 1990s | 5.99 % change on previous year | -8.39 % change on previous year | 10.77 % change on previous year | 10 |
| 2000s | 3.89 % change on previous year | -0.987 % change on previous year | 9.47 % change on previous year | 10 |
| 2010s | 3.19 % change on previous year | -0.743 % change on previous year | 8.14 % change on previous year | 10 |
| 2020s | 0.7762 % change on previous year | -1.14 % change on previous year | 2.69 % change on previous year | 2 |
Countries ranked near South Korea
- 91 New Zealand 2.89 % change on previous year compare
- 92 Iceland 2.87 % change on previous year compare
- 93 Germany 2.71 % change on previous year compare
- 95 Mauritius 2.49 % change on previous year compare
- 96 Mexico 2.42 % change on previous year compare
- 97 Slovakia 2.41 % change on previous year compare
More economy & growth data for South Korea
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is adjusted net national income (constant 2015 us$), annual growth rate in South Korea?
- Adjusted net national income (constant 2015 us$), annual growth rate in South Korea was 2.69 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest adjusted net national income (constant 2015 us$), annual growth rate recorded in South Korea?
- The highest recorded value was 16.46 % change on previous year in 1976.
- What is the lowest adjusted net national income (constant 2015 us$), annual growth rate recorded in South Korea?
- The lowest recorded value was -8.39 % change on previous year in 1998.
- How does South Korea rank for adjusted net national income (constant 2015 us$), annual growth rate?
- South Korea ranks 94th out of 150 countries with data for 2021.
- Is adjusted net national income (constant 2015 us$), annual growth rate rising or falling in South Korea?
- Over the last ten years it is up 123.4%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Adjusted net national income (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Adjusted net national income (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Adjusted net national income Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Adjusted net national income (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.