GDP per capita in South Korea
South Korea: GDP per capita was 41,321 international-$ in 2011 prices in 2022. ◆ Volatile
GDP per capita in South Korea, 1820–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gdp per capita in South Korea is 41,321 international-$ in 2011 prices, measured in 2022. That is the highest value across all 112 years on record.
The figure is up 2.6% on the previous year and up 25.9% over ten years.
Over the whole period, gdp per capita in South Korea peaked at 41,321 international-$ in 2011 prices in 2022 and was at its lowest, 815.77 international-$ in 2011 prices, in 1820.
South Korea ranks 23rd of 165 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 815.77 international-$ in 2011 prices | 815.77 international-$ in 2011 prices | 815.77 international-$ in 2011 prices | 1 |
| 1870s | 820.36 international-$ in 2011 prices | 820.36 international-$ in 2011 prices | 820.36 international-$ in 2011 prices | 1 |
| 1910s | 1,262 international-$ in 2011 prices | 1,090 international-$ in 2011 prices | 1,427 international-$ in 2011 prices | 9 |
| 1920s | 1,492 international-$ in 2011 prices | 1,422 international-$ in 2011 prices | 1,612 international-$ in 2011 prices | 10 |
| 1930s | 1,721 international-$ in 2011 prices | 1,611 international-$ in 2011 prices | 2,006 international-$ in 2011 prices | 10 |
| 1940s | 1,444 international-$ in 2011 prices | 915.76 international-$ in 2011 prices | 2,107 international-$ in 2011 prices | 8 |
| 1950s | 1,305 international-$ in 2011 prices | 990.77 international-$ in 2011 prices | 1,556 international-$ in 2011 prices | 10 |
| 1960s | 1,981 international-$ in 2011 prices | 1,548 international-$ in 2011 prices | 2,764 international-$ in 2011 prices | 10 |
| 1970s | 4,423 international-$ in 2011 prices | 2,975 international-$ in 2011 prices | 6,266 international-$ in 2011 prices | 10 |
| 1980s | 8,948 international-$ in 2011 prices | 6,064 international-$ in 2011 prices | 12,760 international-$ in 2011 prices | 10 |
| 1990s | 18,038 international-$ in 2011 prices | 13,874 international-$ in 2011 prices | 21,541 international-$ in 2011 prices | 10 |
| 2000s | 27,025 international-$ in 2011 prices | 23,108 international-$ in 2011 prices | 30,118 international-$ in 2011 prices | 10 |
| 2010s | 35,093 international-$ in 2011 prices | 31,538 international-$ in 2011 prices | 38,936 international-$ in 2011 prices | 10 |
| 2020s | 40,069 international-$ in 2011 prices | 38,607 international-$ in 2011 prices | 41,321 international-$ in 2011 prices | 3 |
Countries ranked near South Korea
- 20 Austria 43,793 international-$ in 2011 prices compare
- 21 Iceland 42,146 international-$ in 2011 prices compare
- 22 Belgium 41,872 international-$ in 2011 prices compare
- 24 Finland 40,702 international-$ in 2011 prices compare
- 25 France 39,066 international-$ in 2011 prices compare
- 26 Bahrain 38,652 international-$ in 2011 prices compare
More economy & growth data for South Korea
- External balance on goods and services as a percent of GDP 5.2% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 37,470 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 27.4% (2025)
- Gross domestic product (GDP) 1.94 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 37,470 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
Frequently asked questions
- What is gdp per capita in South Korea?
- Gdp per capita in South Korea was 41,321 international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data.
- What is the highest gdp per capita recorded in South Korea?
- The highest recorded value was 41,321 international-$ in 2011 prices in 2022.
- What is the lowest gdp per capita recorded in South Korea?
- The lowest recorded value was 815.77 international-$ in 2011 prices in 1820.
- How does South Korea rank for gdp per capita?
- South Korea ranks 23rd out of 165 countries with data for 2022.
- Is gdp per capita rising or falling in South Korea?
- Over the last ten years it is up 25.9%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.