Annual net national income per capita, US $, current prices, current in Korea
Korea: Annual net national income per capita, US $, current prices, current was 48,342 US dollars per person, PPP converted in 2024. ◆ Volatile
Annual net national income per capita, US $, current prices, current in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per person, PPP converted.
Analysis
In 2024, annual net national income per capita, us $, current prices, current in Korea stood at 48,342 US dollars per person, PPP converted. That is the highest value across all 55 years on record.
The figure is up 6.5% on the previous year and up 60.1% over ten years.
Over the whole period, annual net national income per capita, us $, current prices, current in Korea peaked at 48,342 US dollars per person, PPP converted in 2024 and was at its lowest, 576.38 US dollars per person, PPP converted, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Annual net national income per capita, US $, current prices, current in Korea, year by year
| Year | US dollars per person, PPP converted | Change |
|---|---|---|
| 1970 | 576.38 US dollars per person, PPP converted | — |
| 1971 | 647.55 US dollars per person, PPP converted | +12.3% |
| 1972 | 706.16 US dollars per person, PPP converted | +9.1% |
| 1973 | 835.01 US dollars per person, PPP converted | +18.2% |
| 1974 | 984.22 US dollars per person, PPP converted | +17.9% |
| 1975 | 1,125 US dollars per person, PPP converted | +14.3% |
| 1976 | 1,327 US dollars per person, PPP converted | +18.0% |
| 1977 | 1,558 US dollars per person, PPP converted | +17.4% |
| 1978 | 1,841 US dollars per person, PPP converted | +18.2% |
| 1979 | 2,112 US dollars per person, PPP converted | +14.7% |
| 1980 | 2,182 US dollars per person, PPP converted | +3.3% |
| 1981 | 2,509 US dollars per person, PPP converted | +15.0% |
| 1982 | 2,835 US dollars per person, PPP converted | +13.0% |
| 1983 | 3,285 US dollars per person, PPP converted | +15.9% |
| 1984 | 3,719 US dollars per person, PPP converted | +13.2% |
| 1985 | 4,048 US dollars per person, PPP converted | +8.9% |
| 1986 | 4,550 US dollars per person, PPP converted | +12.4% |
| 1987 | 5,245 US dollars per person, PPP converted | +15.3% |
| 1988 | 6,038 US dollars per person, PPP converted | +15.1% |
| 1989 | 6,679 US dollars per person, PPP converted | +10.6% |
| 1990 | 7,514 US dollars per person, PPP converted | +12.5% |
| 1991 | 8,567 US dollars per person, PPP converted | +14.0% |
| 1992 | 9,131 US dollars per person, PPP converted | +6.6% |
| 1993 | 9,869 US dollars per person, PPP converted | +8.1% |
| 1994 | 10,936 US dollars per person, PPP converted | +10.8% |
| 1995 | 11,919 US dollars per person, PPP converted | +9.0% |
| 1996 | 12,893 US dollars per person, PPP converted | +8.2% |
| 1997 | 13,672 US dollars per person, PPP converted | +6.0% |
| 1998 | 12,550 US dollars per person, PPP converted | -8.2% |
| 1999 | 14,274 US dollars per person, PPP converted | +13.7% |
| 2000 | 15,896 US dollars per person, PPP converted | +11.4% |
| 2001 | 16,828 US dollars per person, PPP converted | +5.9% |
| 2002 | 18,446 US dollars per person, PPP converted | +9.6% |
| 2003 | 19,006 US dollars per person, PPP converted | +3.0% |
| 2004 | 20,488 US dollars per person, PPP converted | +7.8% |
| 2005 | 21,579 US dollars per person, PPP converted | +5.3% |
| 2006 | 23,133 US dollars per person, PPP converted | +7.2% |
| 2007 | 25,143 US dollars per person, PPP converted | +8.7% |
| 2008 | 25,645 US dollars per person, PPP converted | +2.0% |
| 2009 | 24,967 US dollars per person, PPP converted | -2.6% |
| 2010 | 27,217 US dollars per person, PPP converted | +9.0% |
| 2011 | 27,852 US dollars per person, PPP converted | +2.3% |
| 2012 | 28,749 US dollars per person, PPP converted | +3.2% |
| 2013 | 29,279 US dollars per person, PPP converted | +1.8% |
| 2014 | 30,197 US dollars per person, PPP converted | +3.1% |
| 2015 | 32,483 US dollars per person, PPP converted | +7.6% |
| 2016 | 34,101 US dollars per person, PPP converted | +5.0% |
| 2017 | 35,330 US dollars per person, PPP converted | +3.6% |
| 2018 | 37,082 US dollars per person, PPP converted | +5.0% |
| 2019 | 37,698 US dollars per person, PPP converted | +1.7% |
| 2020 | 38,429 US dollars per person, PPP converted | +1.9% |
| 2021 | 41,557 US dollars per person, PPP converted | +8.1% |
| 2022 | 44,016 US dollars per person, PPP converted | +5.9% |
| 2023 | 45,401 US dollars per person, PPP converted | +3.1% |
| 2024 | 48,342 US dollars per person, PPP converted | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,171 US dollars per person, PPP converted | 576.38 US dollars per person, PPP converted | 2,112 US dollars per person, PPP converted | 10 |
| 1980s | 4,109 US dollars per person, PPP converted | 2,182 US dollars per person, PPP converted | 6,679 US dollars per person, PPP converted | 10 |
| 1990s | 11,132 US dollars per person, PPP converted | 7,514 US dollars per person, PPP converted | 14,274 US dollars per person, PPP converted | 10 |
| 2000s | 21,113 US dollars per person, PPP converted | 15,896 US dollars per person, PPP converted | 25,645 US dollars per person, PPP converted | 10 |
| 2010s | 31,999 US dollars per person, PPP converted | 27,217 US dollars per person, PPP converted | 37,698 US dollars per person, PPP converted | 10 |
| 2020s | 43,549 US dollars per person, PPP converted | 38,429 US dollars per person, PPP converted | 48,342 US dollars per person, PPP converted | 5 |
Countries ranked near Korea
- 1 Luxembourg 81,065 US dollars per person, PPP converted compare
- 1 Netherlands 71,427 US dollars per person, PPP converted compare
- 2 Denmark 72,416 US dollars per person, PPP converted compare
- 2 Croatia 42,118 US dollars per person, PPP converted compare
- 3 Ireland 72,155 US dollars per person, PPP converted compare
- 4 United States of America 71,147 US dollars per person, 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 net national income per capita, us $, current prices, current in Korea?
- Annual net national income per capita, us $, current prices, current in Korea was 48,342 US dollars per person, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual net national income per capita, us $, current prices, current recorded in Korea?
- The highest recorded value was 48,342 US dollars per person, PPP converted in 2024.
- What is the lowest annual net national income per capita, us $, current prices, current recorded in Korea?
- The lowest recorded value was 576.38 US dollars per person, PPP converted in 1970.
- How does Korea rank for annual net national income per capita, us $, current prices, current?
- Korea ranks 1st out of 3 groups with data for 2024.
- Is annual net national income per capita, us $, current prices, current rising or falling in Korea?
- Over the last ten years it is up 60.1%. 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 net national income per capita, US $, current prices, current PPPs — Balance of primary incomes, net / National income, net, per capita. Statizoid updates them automatically from the source API.
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About this data
This table presents countries' annual Net National Income (NNI) per capita. The data is in current prices and is converted to US dollars using Purchasing Power Parities (PPPs). NNI is calculated by deducting the consumption of fixed capital (depreciation) from Gross National Income (GNI). GNI is calculated by adding to Gross Domestic Product (GDP) any flows to the domestic economy from other countries of compensation of employees (wages and salaries and employers’ social contributions), property income (e.g. interest and dividends) and taxes less subsidies on production; and by deducting from GDP the equivalent flows from the domestic economy to other countries. 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