Annual net national income per capita, US $, volume, constant PPPs in Korea
Korea: Annual net national income per capita, US $, volume, constant PPPs was 41,470 US dollars per person, PPP converted in 2024. ◆ Volatile
Annual net national income per capita, US $, volume, constant PPPs in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per person, PPP converted.
Analysis
The most recent figure for annual net national income per capita, us $, volume, constant ppps in Korea is 41,470 US dollars per person, PPP converted, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.1% on the previous year and up 21.0% over ten years.
Over the whole period, annual net national income per capita, us $, volume, constant ppps in Korea peaked at 41,470 US dollars per person, PPP converted in 2024 and was at its lowest, 3,156 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 $, volume, constant PPPs in Korea, year by year
| Year | US dollars per person, PPP converted | Change |
|---|---|---|
| 1970 | 3,156 US dollars per person, PPP converted | — |
| 1971 | 3,366 US dollars per person, PPP converted | +6.6% |
| 1972 | 3,520 US dollars per person, PPP converted | +4.6% |
| 1973 | 3,926 US dollars per person, PPP converted | +11.5% |
| 1974 | 4,110 US dollars per person, PPP converted | +4.7% |
| 1975 | 4,231 US dollars per person, PPP converted | +3.0% |
| 1976 | 4,910 US dollars per person, PPP converted | +16.0% |
| 1977 | 5,491 US dollars per person, PPP converted | +11.8% |
| 1978 | 6,138 US dollars per person, PPP converted | +11.8% |
| 1979 | 6,465 US dollars per person, PPP converted | +5.3% |
| 1980 | 5,885 US dollars per person, PPP converted | -9.0% |
| 1981 | 6,121 US dollars per person, PPP converted | +4.0% |
| 1982 | 6,581 US dollars per person, PPP converted | +7.5% |
| 1983 | 7,384 US dollars per person, PPP converted | +12.2% |
| 1984 | 8,104 US dollars per person, PPP converted | +9.7% |
| 1985 | 8,521 US dollars per person, PPP converted | +5.1% |
| 1986 | 9,596 US dollars per person, PPP converted | +12.6% |
| 1987 | 10,895 US dollars per person, PPP converted | +13.5% |
| 1988 | 12,159 US dollars per person, PPP converted | +11.6% |
| 1989 | 13,067 US dollars per person, PPP converted | +7.5% |
| 1990 | 14,094 US dollars per person, PPP converted | +7.9% |
| 1991 | 15,583 US dollars per person, PPP converted | +10.6% |
| 1992 | 16,239 US dollars per person, PPP converted | +4.2% |
| 1993 | 17,209 US dollars per person, PPP converted | +6.0% |
| 1994 | 18,703 US dollars per person, PPP converted | +8.7% |
| 1995 | 19,860 US dollars per person, PPP converted | +6.2% |
| 1996 | 20,885 US dollars per person, PPP converted | +5.2% |
| 1997 | 21,433 US dollars per person, PPP converted | +2.6% |
| 1998 | 19,405 US dollars per person, PPP converted | -9.5% |
| 1999 | 21,349 US dollars per person, PPP converted | +10.0% |
| 2000 | 22,648 US dollars per person, PPP converted | +6.1% |
| 2001 | 23,252 US dollars per person, PPP converted | +2.7% |
| 2002 | 25,282 US dollars per person, PPP converted | +8.7% |
| 2003 | 25,705 US dollars per person, PPP converted | +1.7% |
| 2004 | 26,725 US dollars per person, PPP converted | +4.0% |
| 2005 | 27,247 US dollars per person, PPP converted | +2.0% |
| 2006 | 28,139 US dollars per person, PPP converted | +3.3% |
| 2007 | 29,684 US dollars per person, PPP converted | +5.5% |
| 2008 | 29,199 US dollars per person, PPP converted | -1.6% |
| 2009 | 29,428 US dollars per person, PPP converted | +0.8% |
| 2010 | 31,734 US dollars per person, PPP converted | +7.8% |
| 2011 | 31,844 US dollars per person, PPP converted | +0.3% |
| 2012 | 32,418 US dollars per person, PPP converted | +1.8% |
| 2013 | 33,451 US dollars per person, PPP converted | +3.2% |
| 2014 | 34,265 US dollars per person, PPP converted | +2.4% |
| 2015 | 36,206 US dollars per person, PPP converted | +5.7% |
| 2016 | 37,611 US dollars per person, PPP converted | +3.9% |
| 2017 | 38,778 US dollars per person, PPP converted | +3.1% |
| 2018 | 39,229 US dollars per person, PPP converted | +1.2% |
| 2019 | 38,939 US dollars per person, PPP converted | -0.7% |
| 2020 | 38,429 US dollars per person, PPP converted | -1.3% |
| 2021 | 40,014 US dollars per person, PPP converted | +4.1% |
| 2022 | 39,296 US dollars per person, PPP converted | -1.8% |
| 2023 | 39,836 US dollars per person, PPP converted | +1.4% |
| 2024 | 41,470 US dollars per person, PPP converted | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,531 US dollars per person, PPP converted | 3,156 US dollars per person, PPP converted | 6,465 US dollars per person, PPP converted | 10 |
| 1980s | 8,831 US dollars per person, PPP converted | 5,885 US dollars per person, PPP converted | 13,067 US dollars per person, PPP converted | 10 |
| 1990s | 18,476 US dollars per person, PPP converted | 14,094 US dollars per person, PPP converted | 21,433 US dollars per person, PPP converted | 10 |
| 2000s | 26,731 US dollars per person, PPP converted | 22,648 US dollars per person, PPP converted | 29,684 US dollars per person, PPP converted | 10 |
| 2010s | 35,448 US dollars per person, PPP converted | 31,734 US dollars per person, PPP converted | 39,229 US dollars per person, PPP converted | 10 |
| 2020s | 39,809 US dollars per person, PPP converted | 38,429 US dollars per person, PPP converted | 41,470 US dollars per person, PPP converted | 5 |
Countries ranked near Korea
- 1 Netherlands 56,644 US dollars per person, PPP converted compare
- 1 Luxembourg 65,721 US dollars per person, PPP converted compare
- 2 United States of America 60,302 US dollars per person, PPP converted compare
- 3 Denmark 59,281 US dollars per person, PPP converted compare
- 4 Ireland 57,069 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 $, volume, constant ppps in Korea?
- Annual net national income per capita, us $, volume, constant ppps in Korea was 41,470 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 $, volume, constant ppps recorded in Korea?
- The highest recorded value was 41,470 US dollars per person, PPP converted in 2024.
- What is the lowest annual net national income per capita, us $, volume, constant ppps recorded in Korea?
- The lowest recorded value was 3,156 US dollars per person, PPP converted in 1970.
- How does Korea rank for annual net national income per capita, us $, volume, constant ppps?
- Korea ranks 1st out of 2 groups with data for 2024.
- Is annual net national income per capita, us $, volume, constant ppps rising or falling in Korea?
- Over the last ten years it is up 21.0%. 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 $, volume, constant PPPs, reference year 2020 — 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 US dollars converted using Purchasing Power Parities (PPPs) and in constant prices (chain linked volumes rebased to 2020). 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