GDP per capita growth in Republic of Korea
Republic of Korea: GDP per capita growth was 1.1% in 2025. ◆ Volatile
GDP per capita growth in Republic of Korea, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp per capita growth in Republic of Korea is 1.1%, measured in 2025.
Compared with earlier readings it is down 41.0% on the previous year and down 52.2% over ten years.
Over the whole period, gdp per capita growth in Republic of Korea peaked at 13.0% in 1973 and was at its lowest, -5.6%, in 1998.
Republic of Korea ranks 141st of 213 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth in Republic of Korea, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 3.8% | — |
| 1962 | 1.0% | -73.8% |
| 1963 | 6.0% | +506.2% |
| 1964 | 6.6% | +9.7% |
| 1965 | 4.6% | -30.0% |
| 1966 | 9.2% | +99.7% |
| 1967 | 6.6% | -28.1% |
| 1968 | 10.6% | +60.2% |
| 1969 | 12.0% | +13.2% |
| 1970 | 7.8% | -35.3% |
| 1971 | 8.5% | +9.0% |
| 1972 | 5.3% | -37.1% |
| 1973 | 13.0% | +142.6% |
| 1974 | 7.8% | -39.9% |
| 1975 | 6.1% | -21.3% |
| 1976 | 11.5% | +87.1% |
| 1977 | 10.6% | -7.2% |
| 1978 | 9.4% | -11.7% |
| 1979 | 7.1% | -24.4% |
| 1980 | -3.0% | -142.9% |
| 1981 | 5.7% | -288.4% |
| 1982 | 6.8% | +18.5% |
| 1983 | 11.8% | +73.5% |
| 1984 | 9.3% | -21.4% |
| 1985 | 6.9% | -25.8% |
| 1986 | 10.4% | +51.1% |
| 1987 | 11.8% | +13.3% |
| 1988 | 11.0% | -6.3% |
| 1989 | 6.1% | -44.7% |
| 1990 | 8.9% | +46.4% |
| 1991 | 9.8% | +9.4% |
| 1992 | 5.3% | -46.3% |
| 1993 | 5.9% | +12.6% |
| 1994 | 8.3% | +40.0% |
| 1995 | 8.6% | +4.4% |
| 1996 | 7.0% | -19.3% |
| 1997 | 5.3% | -24.1% |
| 1998 | -5.6% | -206.3% |
| 1999 | 10.8% | -292.6% |
| 2000 | 8.3% | -23.4% |
| 2001 | 3.9% | -52.7% |
| 2002 | 7.1% | +81.5% |
| 2003 | 2.5% | -64.3% |
| 2004 | 4.8% | +87.6% |
| 2005 | 4.1% | -13.2% |
| 2006 | 4.7% | +13.5% |
| 2007 | 5.3% | +13.1% |
| 2008 | 2.2% | -58.1% |
| 2009 | 0.3% | -86.4% |
| 2010 | 6.4% | +2033.7% |
| 2011 | 2.9% | -55.1% |
| 2012 | 2.0% | -30.5% |
| 2013 | 2.8% | +40.4% |
| 2014 | 2.6% | -9.0% |
| 2015 | 2.4% | -7.4% |
| 2016 | 2.8% | +16.1% |
| 2017 | 3.1% | +13.8% |
| 2018 | 2.7% | -13.1% |
| 2019 | 2.0% | -28.3% |
| 2020 | -0.8% | -142.7% |
| 2021 | 4.7% | -667.2% |
| 2022 | 2.9% | -38.5% |
| 2023 | 1.5% | -48.5% |
| 2024 | 1.9% | +28.2% |
| 2025 | 1.1% | -41.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.7% | 1.0% | 12.0% | 9 |
| 1970s | 8.7% | 5.3% | 13.0% | 10 |
| 1980s | 7.7% | -3.0% | 11.8% | 10 |
| 1990s | 6.4% | -5.6% | 10.8% | 10 |
| 2000s | 4.3% | 0.3% | 8.3% | 10 |
| 2010s | 3.0% | 2.0% | 6.4% | 10 |
| 2020s | 1.9% | -0.8% | 4.7% | 6 |
Countries ranked near Republic of Korea
- 138 Solomon Islands 1.2% compare
- 139 Mauritania 1.2% compare
- 140 Venezuela, Bolivarian Republic of 1.2% compare
- 142 Russian Federation 1.1% compare
- 143 United Kingdom of Great Britain and Northern Ireland 1.1% compare
- 144 Central African Republic 1.0% compare
More economy & growth data for Republic of Korea
- Services, value added (constant LCU), per capita 26.07 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.13 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 0.0121 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9302 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 33,699 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,323 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 47.93 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.17 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9641 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita growth in Republic of Korea?
- Gdp per capita growth in Republic of Korea was 1.1% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Republic of Korea?
- The highest recorded value was 13.0% in 1973.
- What is the lowest gdp per capita growth recorded in Republic of Korea?
- The lowest recorded value was -5.6% in 1998.
- How does Republic of Korea rank for gdp per capita growth?
- Republic of Korea ranks 141st out of 213 countries with data for 2025.
- Is gdp per capita growth rising or falling in Republic of Korea?
- Over the last ten years it is down 52.2%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.