Adjusted net national income per capita in Republic of Korea
Republic of Korea: Adjusted net national income per capita was 25,334 constant 2015 US$ in 2021. ◆ Volatile
Adjusted net national income per capita in Republic of Korea, 1971–2021
Source: Staff estimates, World Bank (WB). Measured in constant 2015 US$.
Analysis
Republic of Korea recorded 25,334 constant 2015 US$ for adjusted net national income per capita in 2021. That is the highest value across all 51 years on record.
The figure is up 2.8% on the previous year and up 22.2% over ten years.
Over the whole period, adjusted net national income per capita in Republic of Korea peaked at 25,334 constant 2015 US$ in 2021 and was at its lowest, 2,482 constant 2015 US$, in 1971.
That places Republic of Korea 25th out of 151 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income per capita in Republic of Korea, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1971 | 2,482 constant 2015 US$ | — |
| 1972 | 2,629 constant 2015 US$ | +5.9% |
| 1973 | 2,875 constant 2015 US$ | +9.3% |
| 1974 | 2,937 constant 2015 US$ | +2.2% |
| 1975 | 3,048 constant 2015 US$ | +3.8% |
| 1976 | 3,494 constant 2015 US$ | +14.6% |
| 1977 | 3,830 constant 2015 US$ | +9.6% |
| 1978 | 4,212 constant 2015 US$ | +10.0% |
| 1979 | 4,405 constant 2015 US$ | +4.6% |
| 1980 | 4,060 constant 2015 US$ | -7.8% |
| 1981 | 4,224 constant 2015 US$ | +4.0% |
| 1982 | 4,523 constant 2015 US$ | +7.1% |
| 1983 | 5,048 constant 2015 US$ | +11.6% |
| 1984 | 5,518 constant 2015 US$ | +9.3% |
| 1985 | 5,790 constant 2015 US$ | +4.9% |
| 1986 | 6,474 constant 2015 US$ | +11.8% |
| 1987 | 7,298 constant 2015 US$ | +12.7% |
| 1988 | 8,079 constant 2015 US$ | +10.7% |
| 1989 | 8,646 constant 2015 US$ | +7.0% |
| 1990 | 9,277 constant 2015 US$ | +7.3% |
| 1991 | 10,175 constant 2015 US$ | +9.7% |
| 1992 | 10,629 constant 2015 US$ | +4.5% |
| 1993 | 11,259 constant 2015 US$ | +5.9% |
| 1994 | 12,192 constant 2015 US$ | +8.3% |
| 1995 | 12,918 constant 2015 US$ | +6.0% |
| 1996 | 13,562 constant 2015 US$ | +5.0% |
| 1997 | 13,946 constant 2015 US$ | +2.8% |
| 1998 | 12,684 constant 2015 US$ | -9.1% |
| 1999 | 13,906 constant 2015 US$ | +9.6% |
| 2000 | 14,736 constant 2015 US$ | +6.0% |
| 2001 | 15,181 constant 2015 US$ | +3.0% |
| 2002 | 16,523 constant 2015 US$ | +8.8% |
| 2003 | 16,792 constant 2015 US$ | +1.6% |
| 2004 | 17,442 constant 2015 US$ | +3.9% |
| 2005 | 17,758 constant 2015 US$ | +1.8% |
| 2006 | 18,347 constant 2015 US$ | +3.3% |
| 2007 | 19,325 constant 2015 US$ | +5.3% |
| 2008 | 18,989 constant 2015 US$ | -1.7% |
| 2009 | 19,191 constant 2015 US$ | +1.1% |
| 2010 | 20,651 constant 2015 US$ | +7.6% |
| 2011 | 20,739 constant 2015 US$ | +0.4% |
| 2012 | 21,116 constant 2015 US$ | +1.8% |
| 2013 | 21,753 constant 2015 US$ | +3.0% |
| 2014 | 22,237 constant 2015 US$ | +2.2% |
| 2015 | 23,451 constant 2015 US$ | +5.5% |
| 2016 | 24,300 constant 2015 US$ | +3.6% |
| 2017 | 25,066 constant 2015 US$ | +3.2% |
| 2018 | 25,231 constant 2015 US$ | +0.7% |
| 2019 | 24,957 constant 2015 US$ | -1.1% |
| 2020 | 24,639 constant 2015 US$ | -1.3% |
| 2021 | 25,334 constant 2015 US$ | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,324 constant 2015 US$ | 2,482 constant 2015 US$ | 4,405 constant 2015 US$ | 9 |
| 1980s | 5,966 constant 2015 US$ | 4,060 constant 2015 US$ | 8,646 constant 2015 US$ | 10 |
| 1990s | 12,055 constant 2015 US$ | 9,277 constant 2015 US$ | 13,946 constant 2015 US$ | 10 |
| 2000s | 17,428 constant 2015 US$ | 14,736 constant 2015 US$ | 19,325 constant 2015 US$ | 10 |
| 2010s | 22,950 constant 2015 US$ | 20,651 constant 2015 US$ | 25,231 constant 2015 US$ | 10 |
| 2020s | 24,987 constant 2015 US$ | 24,639 constant 2015 US$ | 25,334 constant 2015 US$ | 2 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Services, value added (current US$), annual growth rate -0.6343 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5723 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 20,732 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.67 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 814.03 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 29.49 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.74 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5965 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 21,609 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 26.07 million constant LCU per person (2025)
Frequently asked questions
- What is adjusted net national income per capita in Republic of Korea?
- Adjusted net national income per capita in Republic of Korea was 25,334 constant 2015 US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income per capita recorded in Republic of Korea?
- The highest recorded value was 25,334 constant 2015 US$ in 2021.
- What is the lowest adjusted net national income per capita recorded in Republic of Korea?
- The lowest recorded value was 2,482 constant 2015 US$ in 1971.
- How does Republic of Korea rank for adjusted net national income per capita?
- Republic of Korea ranks 25th out of 151 countries with data for 2021.
- Is adjusted net national income per capita rising or falling in Republic of Korea?
- Over the last ten years it is up 22.2%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income per capita (constant 2015 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. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.