Adjusted net national income (current US$), annual growth rate in South Korea
South Korea: Adjusted net national income (current US$), annual growth rate was 10.1 % change on previous year in 2021. ◆ Volatile
Adjusted net national income (current US$), annual growth rate in South Korea, 1972–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for adjusted net national income (current us$), annual growth rate in South Korea is 10.1 % change on previous year, measured in 2021.
The figure is up 856.8% on the previous year and up 6.3% over ten years.
Over the whole period, adjusted net national income (current us$), annual growth rate in South Korea peaked at 41.27 % change on previous year in 1974 and was at its lowest, -35.38 % change on previous year, in 1998.
That places South Korea 97th out of 183 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income (current US$), annual growth rate in South Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1972 | 8.84 % change on previous year | — |
| 1973 | 26.68 % change on previous year | +201.7% |
| 1974 | 41.27 % change on previous year | +54.7% |
| 1975 | 9.82 % change on previous year | -76.2% |
| 1976 | 37.8 % change on previous year | +284.9% |
| 1977 | 28.44 % change on previous year | -24.8% |
| 1978 | 36.48 % change on previous year | +28.3% |
| 1979 | 27.34 % change on previous year | -25.0% |
| 1980 | -4.62 % change on previous year | -116.9% |
| 1981 | 10.71 % change on previous year | -331.6% |
| 1982 | 7.04 % change on previous year | -34.3% |
| 1983 | 11.77 % change on previous year | +67.2% |
| 1984 | 11.09 % change on previous year | -5.8% |
| 1985 | 2.49 % change on previous year | -77.5% |
| 1986 | 15.07 % change on previous year | +504.3% |
| 1987 | 27.43 % change on previous year | +82.0% |
| 1988 | 35.03 % change on previous year | +27.7% |
| 1989 | 24.12 % change on previous year | -31.1% |
| 1990 | 14.19 % change on previous year | -41.2% |
| 1991 | 17.26 % change on previous year | +21.7% |
| 1992 | 6.42 % change on previous year | -62.8% |
| 1993 | 10.12 % change on previous year | +57.7% |
| 1994 | 18.33 % change on previous year | +81.2% |
| 1995 | 19.95 % change on previous year | +8.8% |
| 1996 | 6.92 % change on previous year | -65.3% |
| 1997 | -7.57 % change on previous year | -209.3% |
| 1998 | -35.38 % change on previous year | +367.3% |
| 1999 | 31.38 % change on previous year | -188.7% |
| 2000 | 16.86 % change on previous year | -46.3% |
| 2001 | -5.08 % change on previous year | -130.1% |
| 2002 | 15.85 % change on previous year | -412.0% |
| 2003 | 11.67 % change on previous year | -26.3% |
| 2004 | 13.13 % change on previous year | +12.4% |
| 2005 | 16.92 % change on previous year | +28.9% |
| 2006 | 13.12 % change on previous year | -22.5% |
| 2007 | 11.84 % change on previous year | -9.7% |
| 2008 | -11.72 % change on previous year | -198.9% |
| 2009 | -10.89 % change on previous year | -7.0% |
| 2010 | 22.67 % change on previous year | -308.2% |
| 2011 | 9.5 % change on previous year | -58.1% |
| 2012 | 2.03 % change on previous year | -78.7% |
| 2013 | 6.85 % change on previous year | +237.7% |
| 2014 | 8.07 % change on previous year | +17.9% |
| 2015 | -1.18 % change on previous year | -114.6% |
| 2016 | 2.58 % change on previous year | -319.1% |
| 2017 | 8.36 % change on previous year | +224.0% |
| 2018 | 5.66 % change on previous year | -32.3% |
| 2019 | -4.83 % change on previous year | -185.4% |
| 2020 | -1.33 % change on previous year | -72.4% |
| 2021 | 10.1 % change on previous year | -856.8% |
South Korea compared with similar countries
- South Korea's 10.1 % change on previous year is below the median for high income countries, which is 12.78 % change on previous year, 79% of the median. (59 countries reporting)
- South Korea's 10.1 % change on previous year is above the median for East Asia & Pacific, which is 2.45 % change on previous year, 4.1× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Adjusted net national income (current US$), annual growth rate in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +856.8% | -1.33 % change on previous year | 10.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.08 % change on previous year | 8.84 % change on previous year | 41.27 % change on previous year | 8 |
| 1980s | 14.01 % change on previous year | -4.62 % change on previous year | 35.03 % change on previous year | 10 |
| 1990s | 8.16 % change on previous year | -35.38 % change on previous year | 31.38 % change on previous year | 10 |
| 2000s | 7.17 % change on previous year | -11.72 % change on previous year | 16.92 % change on previous year | 10 |
| 2010s | 5.97 % change on previous year | -4.83 % change on previous year | 22.67 % change on previous year | 10 |
| 2020s | 4.38 % change on previous year | -1.33 % change on previous year | 10.1 % change on previous year | 2 |
Countries ranked near South Korea
- 94 Germany 10.14 % change on previous year compare
- 95 Chad 10.11 % change on previous year compare
- 96 Panama 10.1 % change on previous year compare
- 98 Austria 10.01 % change on previous year compare
- 99 Cameroon 10 % change on previous year compare
- 100 Guatemala 9.95 % change on previous year compare
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is adjusted net national income (current us$), annual growth rate in South Korea?
- Adjusted net national income (current us$), annual growth rate in South Korea was 10.1 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest adjusted net national income (current us$), annual growth rate recorded in South Korea?
- The highest recorded value was 41.27 % change on previous year in 1974.
- What is the lowest adjusted net national income (current us$), annual growth rate recorded in South Korea?
- The lowest recorded value was -35.38 % change on previous year in 1998.
- How does South Korea rank for adjusted net national income (current us$), annual growth rate?
- South Korea ranks 97th out of 183 countries with data for 2021.
- Is adjusted net national income (current us$), annual growth rate rising or falling in South Korea?
- Over the last ten years it is up 6.3%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Adjusted net national income (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.