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

0500.0B1.0T1.5T197119962021

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 7 United Kingdom 2.40 trillion current US$ compare
  2. 8 Italy 1.76 trillion current US$ compare
  3. 9 Canada 1.61 trillion current US$ compare
  4. 11 Russia 1.32 trillion current US$ compare
  5. 12 Brazil 1.21 trillion current US$ compare
  6. 13 Spain 1.19 trillion current US$ compare

See the full ranking of 231 places →

More economy & growth data for South Korea

All data for South Korea →

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

Indicator
Adjusted net national income (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 9,520 data points, 1970–2021
Last refreshed

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.