Annual national disposable income, US $, volume, constant PPPs in Korea
Korea: Annual national disposable income, US $, volume, constant PPPs was 2.14 million US dollars, PPP converted in 2024. ◆ Volatile
Annual national disposable income, US $, volume, constant PPPs in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
The most recent figure for annual national disposable income, us $, volume, constant ppps in Korea is 2.14 million US dollars, PPP converted, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 23.4% over ten years.
Over the whole period, annual national disposable income, us $, volume, constant ppps in Korea peaked at 2.14 million US dollars, PPP converted in 2024 and was at its lowest, 102,672 US dollars, PPP converted, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Annual national disposable income, US $, volume, constant PPPs in Korea, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 1970 | 102,672 US dollars, PPP converted | — |
| 1971 | 111,474 US dollars, PPP converted | +8.6% |
| 1972 | 118,680 US dollars, PPP converted | +6.5% |
| 1973 | 134,643 US dollars, PPP converted | +13.5% |
| 1974 | 143,137 US dollars, PPP converted | +6.3% |
| 1975 | 149,786 US dollars, PPP converted | +4.6% |
| 1976 | 177,055 US dollars, PPP converted | +18.2% |
| 1977 | 201,197 US dollars, PPP converted | +13.6% |
| 1978 | 228,598 US dollars, PPP converted | +13.6% |
| 1979 | 243,981 US dollars, PPP converted | +6.7% |
| 1980 | 225,951 US dollars, PPP converted | -7.4% |
| 1981 | 238,934 US dollars, PPP converted | +5.7% |
| 1982 | 260,862 US dollars, PPP converted | +9.2% |
| 1983 | 297,004 US dollars, PPP converted | +13.9% |
| 1984 | 329,694 US dollars, PPP converted | +11.0% |
| 1985 | 350,854 US dollars, PPP converted | +6.4% |
| 1986 | 400,340 US dollars, PPP converted | +14.1% |
| 1987 | 459,174 US dollars, PPP converted | +14.7% |
| 1988 | 516,741 US dollars, PPP converted | +12.5% |
| 1989 | 557,007 US dollars, PPP converted | +7.8% |
| 1990 | 606,462 US dollars, PPP converted | +8.9% |
| 1991 | 676,441 US dollars, PPP converted | +11.5% |
| 1992 | 712,555 US dollars, PPP converted | +5.3% |
| 1993 | 762,294 US dollars, PPP converted | +7.0% |
| 1994 | 836,666 US dollars, PPP converted | +9.8% |
| 1995 | 896,180 US dollars, PPP converted | +7.1% |
| 1996 | 950,454 US dollars, PPP converted | +6.1% |
| 1997 | 986,767 US dollars, PPP converted | +3.8% |
| 1998 | 906,860 US dollars, PPP converted | -8.1% |
| 1999 | 997,511 US dollars, PPP converted | +10.0% |
| 2000 | 1.06 million US dollars, PPP converted | +6.7% |
| 2001 | 1.10 million US dollars, PPP converted | +3.3% |
| 2002 | 1.20 million US dollars, PPP converted | +9.3% |
| 2003 | 1.23 million US dollars, PPP converted | +2.0% |
| 2004 | 1.28 million US dollars, PPP converted | +4.5% |
| 2005 | 1.31 million US dollars, PPP converted | +2.2% |
| 2006 | 1.36 million US dollars, PPP converted | +3.7% |
| 2007 | 1.44 million US dollars, PPP converted | +6.2% |
| 2008 | 1.43 million US dollars, PPP converted | -0.6% |
| 2009 | 1.45 million US dollars, PPP converted | +1.2% |
| 2010 | 1.57 million US dollars, PPP converted | +8.0% |
| 2011 | 1.58 million US dollars, PPP converted | +1.2% |
| 2012 | 1.62 million US dollars, PPP converted | +2.3% |
| 2013 | 1.68 million US dollars, PPP converted | +3.8% |
| 2014 | 1.73 million US dollars, PPP converted | +3.0% |
| 2015 | 1.84 million US dollars, PPP converted | +6.2% |
| 2016 | 1.92 million US dollars, PPP converted | +4.2% |
| 2017 | 1.98 million US dollars, PPP converted | +3.3% |
| 2018 | 2.01 million US dollars, PPP converted | +1.6% |
| 2019 | 2.01 million US dollars, PPP converted | -0.3% |
| 2020 | 1.99 million US dollars, PPP converted | -1.0% |
| 2021 | 2.07 million US dollars, PPP converted | +3.9% |
| 2022 | 2.03 million US dollars, PPP converted | -1.9% |
| 2023 | 2.05 million US dollars, PPP converted | +1.3% |
| 2024 | 2.14 million US dollars, PPP converted | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 161,122 US dollars, PPP converted | 102,672 US dollars, PPP converted | 243,981 US dollars, PPP converted | 10 |
| 1980s | 363,656 US dollars, PPP converted | 225,951 US dollars, PPP converted | 557,007 US dollars, PPP converted | 10 |
| 1990s | 833,219 US dollars, PPP converted | 606,462 US dollars, PPP converted | 997,511 US dollars, PPP converted | 10 |
| 2000s | 1.29 million US dollars, PPP converted | 1.06 million US dollars, PPP converted | 1.45 million US dollars, PPP converted | 10 |
| 2010s | 1.80 million US dollars, PPP converted | 1.57 million US dollars, PPP converted | 2.01 million US dollars, PPP converted | 10 |
| 2020s | 2.06 million US dollars, PPP converted | 1.99 million US dollars, PPP converted | 2.14 million US dollars, PPP converted | 5 |
Countries ranked near Korea
- 1 United States of America 20.28 million US dollars, PPP converted compare
- 2 Japan 4.43 million US dollars, PPP converted compare
- 3 Germany 4.17 million US dollars, PPP converted compare
- 4 United Kingdom of Great Britain and Northern Ireland 3.12 million US dollars, PPP converted compare
- 4 Poland 1.35 million US dollars, PPP converted compare
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is annual national disposable income, us $, volume, constant ppps in Korea?
- Annual national disposable income, us $, volume, constant ppps in Korea was 2.14 million US dollars, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual national disposable income, us $, volume, constant ppps recorded in Korea?
- The highest recorded value was 2.14 million US dollars, PPP converted in 2024.
- What is the lowest annual national disposable income, us $, volume, constant ppps recorded in Korea?
- The lowest recorded value was 102,672 US dollars, PPP converted in 1970.
- How does Korea rank for annual national disposable income, us $, volume, constant ppps?
- Korea ranks 1st out of 2 groups with data for 2024.
- Is annual national disposable income, us $, volume, constant ppps rising or falling in Korea?
- Over the last ten years it is up 23.4%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual national disposable income, US $, volume, constant PPPs — Disposable income, net. Statizoid updates them automatically from the source API.
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About this data
This table presents countries' annual national disposable income (net). Net disposable income is calculated by deducting the consumption of fixed capital (depreciation) from gross national disposal income. The data is in US dollars converted using Purchasing Power Parities (PPPs) and in constant prices (chain linked volumes rebased to 2020). The indicators were presented in the previous dissemination system in the SNA_TABLE2 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org