Adjusted net national income in South Korea
South Korea: Adjusted net national income was 1.45 trillion current US$ in 2021. ◆ Volatile
Latest (2021)
1.45 trillion current US$
Change on year
up 10.1%
World rank
10th
of 184 countries
All-time high
1.45 trillion current US$
in 2021
All-time low
9.32 billion current US$
in 1971
Years of data
51
1971–2021
Adjusted net national income in South Korea, 1971–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted net national income in South Korea is 1.45 trillion current US$, measured in 2021. That is the highest value across all 51 years on record.
That represents a change of up 10.1% on the previous year and up 41.4% over ten years.
Over the whole period, adjusted net national income in South Korea peaked at 1.45 trillion current US$ in 2021 and was at its lowest, 9.32 billion current US$, in 1971.
South Korea ranks 10th of 184 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income in South Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1971 | 9.32 billion current US$ | — |
| 1972 | 10.14 billion current US$ | +8.8% |
| 1973 | 12.85 billion current US$ | +26.7% |
| 1974 | 18.15 billion current US$ | +41.3% |
| 1975 | 19.93 billion current US$ | +9.8% |
| 1976 | 27.46 billion current US$ | +37.8% |
| 1977 | 35.27 billion current US$ | +28.4% |
| 1978 | 48.14 billion current US$ | +36.5% |
| 1979 | 61.31 billion current US$ | +27.3% |
| 1980 | 58.47 billion current US$ | -4.6% |
| 1981 | 64.73 billion current US$ | +10.7% |
| 1982 | 69.29 billion current US$ | +7.0% |
| 1983 | 77.44 billion current US$ | +11.8% |
| 1984 | 86.03 billion current US$ | +11.1% |
| 1985 | 88.18 billion current US$ | +2.5% |
| 1986 | 101.47 billion current US$ | +15.1% |
| 1987 | 129.30 billion current US$ | +27.4% |
| 1988 | 174.59 billion current US$ | +35.0% |
| 1989 | 216.71 billion current US$ | +24.1% |
| 1990 | 247.45 billion current US$ | +14.2% |
| 1991 | 290.16 billion current US$ | +17.3% |
| 1992 | 308.78 billion current US$ | +6.4% |
| 1993 | 340.02 billion current US$ | +10.1% |
| 1994 | 402.36 billion current US$ | +18.3% |
| 1995 | 482.63 billion current US$ | +20.0% |
| 1996 | 516.05 billion current US$ | +6.9% |
| 1997 | 476.98 billion current US$ | -7.6% |
| 1998 | 308.23 billion current US$ | -35.4% |
| 1999 | 404.94 billion current US$ | +31.4% |
| 2000 | 473.20 billion current US$ | +16.9% |
| 2001 | 449.16 billion current US$ | -5.1% |
| 2002 | 520.35 billion current US$ | +15.8% |
| 2003 | 581.09 billion current US$ | +11.7% |
| 2004 | 657.36 billion current US$ | +13.1% |
| 2005 | 768.61 billion current US$ | +16.9% |
| 2006 | 869.43 billion current US$ | +13.1% |
| 2007 | 972.41 billion current US$ | +11.8% |
| 2008 | 858.48 billion current US$ | -11.7% |
| 2009 | 764.97 billion current US$ | -10.9% |
| 2010 | 938.43 billion current US$ | +22.7% |
| 2011 | 1.03 trillion current US$ | +9.5% |
| 2012 | 1.05 trillion current US$ | +2.0% |
| 2013 | 1.12 trillion current US$ | +6.8% |
| 2014 | 1.21 trillion current US$ | +8.1% |
| 2015 | 1.20 trillion current US$ | -1.2% |
| 2016 | 1.23 trillion current US$ | +2.6% |
| 2017 | 1.33 trillion current US$ | +8.4% |
| 2018 | 1.41 trillion current US$ | +5.7% |
| 2019 | 1.34 trillion current US$ | -4.8% |
| 2020 | 1.32 trillion current US$ | -1.3% |
| 2021 | 1.45 trillion current US$ | +10.1% |
South Korea compared with similar countries
- South Korea's 1.45 trillion current US$ is above the median for high income countries, which is 200.18 billion current US$, 7.3× the median. (59 countries reporting)
- South Korea's 1.45 trillion current US$ is above the median for East Asia & Pacific, which is 18.34 billion current US$, 79.2× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.95 billion current US$ | 9.32 billion current US$ | 61.31 billion current US$ | 9 |
| 1980s | 106.62 billion current US$ | 58.47 billion current US$ | 216.71 billion current US$ | 10 |
| 1990s | 377.76 billion current US$ | 247.45 billion current US$ | 516.05 billion current US$ | 10 |
| 2000s | 691.51 billion current US$ | 449.16 billion current US$ | 972.41 billion current US$ | 10 |
| 2010s | 1.18 trillion current US$ | 938.43 billion current US$ | 1.41 trillion current US$ | 10 |
| 2020s | 1.39 trillion current US$ | 1.32 trillion current US$ | 1.45 trillion current US$ | 2 |
Countries ranked near South Korea
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 in South Korea?
- Adjusted net national income in South Korea was 1.45 trillion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in South Korea?
- The highest recorded value was 1.45 trillion current US$ in 2021.
- What is the lowest adjusted net national income recorded in South Korea?
- The lowest recorded value was 9.32 billion current US$ in 1971.
- How does South Korea rank for adjusted net national income?
- South Korea ranks 10th out of 184 countries with data for 2021.
- Is adjusted net national income rising or falling in South Korea?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.