Gross domestic product (GDP), per capita in South Korea
South Korea: Gross domestic product (GDP), per capita was 56,319 international-$ in 2021 prices per person in 2023. ◆ Volatile
Latest (2023)
56,319 international-$ in 2021 prices per person
Change on year
up 1.4%
World rank
23rd
of 181 countries
All-time high
56,319 international-$ in 2021 prices per person
in 2023
All-time low
1,408 international-$ in 2021 prices per person
in 1960
Years of data
64
1960–2023
Gross domestic product (GDP), per capita in South Korea, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
The most recent figure for gross domestic product (gdp), per capita in South Korea is 56,319 international-$ in 2021 prices per person, measured in 2023. That is the highest value across all 64 years on record.
The figure is up 1.4% on the previous year and up 39.1% over ten years.
Over the whole period, gross domestic product (gdp), per capita in South Korea peaked at 56,319 international-$ in 2021 prices per person in 2023 and was at its lowest, 1,408 international-$ in 2021 prices per person, in 1960.
South Korea ranks 23rd of 181 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per capita in South Korea, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1960 | 1,408 international-$ in 2021 prices per person | — |
| 1961 | 1,464 international-$ in 2021 prices per person | +4.0% |
| 1962 | 1,436 international-$ in 2021 prices per person | -2.0% |
| 1963 | 1,558 international-$ in 2021 prices per person | +8.5% |
| 1964 | 1,653 international-$ in 2021 prices per person | +6.1% |
| 1965 | 1,696 international-$ in 2021 prices per person | +2.6% |
| 1966 | 1,877 international-$ in 2021 prices per person | +10.7% |
| 1967 | 1,935 international-$ in 2021 prices per person | +3.1% |
| 1968 | 2,112 international-$ in 2021 prices per person | +9.2% |
| 1969 | 2,350 international-$ in 2021 prices per person | +11.3% |
| 1970 | 2,498 international-$ in 2021 prices per person | +6.3% |
| 1971 | 2,891 international-$ in 2021 prices per person | +15.7% |
| 1972 | 3,205 international-$ in 2021 prices per person | +10.9% |
| 1973 | 3,853 international-$ in 2021 prices per person | +20.2% |
| 1974 | 4,521 international-$ in 2021 prices per person | +17.3% |
| 1975 | 5,132 international-$ in 2021 prices per person | +13.5% |
| 1976 | 5,483 international-$ in 2021 prices per person | +6.8% |
| 1977 | 5,879 international-$ in 2021 prices per person | +7.2% |
| 1978 | 6,307 international-$ in 2021 prices per person | +7.3% |
| 1979 | 6,550 international-$ in 2021 prices per person | +3.9% |
| 1980 | 6,118 international-$ in 2021 prices per person | -6.6% |
| 1981 | 6,425 international-$ in 2021 prices per person | +5.0% |
| 1982 | 6,803 international-$ in 2021 prices per person | +5.9% |
| 1983 | 7,544 international-$ in 2021 prices per person | +10.9% |
| 1984 | 8,194 international-$ in 2021 prices per person | +8.6% |
| 1985 | 8,530 international-$ in 2021 prices per person | +4.1% |
| 1986 | 9,951 international-$ in 2021 prices per person | +16.7% |
| 1987 | 11,438 international-$ in 2021 prices per person | +14.9% |
| 1988 | 12,906 international-$ in 2021 prices per person | +12.8% |
| 1989 | 14,151 international-$ in 2021 prices per person | +9.6% |
| 1990 | 15,798 international-$ in 2021 prices per person | +11.6% |
| 1991 | 17,805 international-$ in 2021 prices per person | +12.7% |
| 1992 | 19,080 international-$ in 2021 prices per person | +7.2% |
| 1993 | 20,746 international-$ in 2021 prices per person | +8.7% |
| 1994 | 23,127 international-$ in 2021 prices per person | +11.5% |
| 1995 | 25,728 international-$ in 2021 prices per person | +11.2% |
| 1996 | 28,471 international-$ in 2021 prices per person | +10.7% |
| 1997 | 27,677 international-$ in 2021 prices per person | -2.8% |
| 1998 | 24,237 international-$ in 2021 prices per person | -12.4% |
| 1999 | 26,724 international-$ in 2021 prices per person | +10.3% |
| 2000 | 28,609 international-$ in 2021 prices per person | +7.1% |
| 2001 | 29,309 international-$ in 2021 prices per person | +2.4% |
| 2002 | 31,570 international-$ in 2021 prices per person | +7.7% |
| 2003 | 32,660 international-$ in 2021 prices per person | +3.5% |
| 2004 | 34,592 international-$ in 2021 prices per person | +5.9% |
| 2005 | 37,293 international-$ in 2021 prices per person | +7.8% |
| 2006 | 38,468 international-$ in 2021 prices per person | +3.1% |
| 2007 | 40,556 international-$ in 2021 prices per person | +5.4% |
| 2008 | 40,466 international-$ in 2021 prices per person | -0.2% |
| 2009 | 38,946 international-$ in 2021 prices per person | -3.8% |
| 2010 | 41,672 international-$ in 2021 prices per person | +7.0% |
| 2011 | 41,475 international-$ in 2021 prices per person | -0.5% |
| 2012 | 41,535 international-$ in 2021 prices per person | +0.1% |
| 2013 | 40,477 international-$ in 2021 prices per person | -2.5% |
| 2014 | 42,292 international-$ in 2021 prices per person | +4.5% |
| 2015 | 44,728 international-$ in 2021 prices per person | +5.8% |
| 2016 | 46,118 international-$ in 2021 prices per person | +3.1% |
| 2017 | 47,672 international-$ in 2021 prices per person | +3.4% |
| 2018 | 49,169 international-$ in 2021 prices per person | +3.1% |
| 2019 | 50,973 international-$ in 2021 prices per person | +3.7% |
| 2020 | 51,414 international-$ in 2021 prices per person | +0.9% |
| 2021 | 54,008 international-$ in 2021 prices per person | +5.0% |
| 2022 | 55,528 international-$ in 2021 prices per person | +2.8% |
| 2023 | 56,319 international-$ in 2021 prices per person | +1.4% |
South Korea compared with similar countries
- South Korea's 56,319 international-$ in 2021 prices per person is above the median for high income countries, which is 45,244 international-$ in 2021 prices per person, 1.2× the median. (66 countries reporting)
- South Korea's 56,319 international-$ in 2021 prices per person is above the median for East Asia & Pacific, which is 23,029 international-$ in 2021 prices per person, 2.4× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,749 international-$ in 2021 prices per person | 1,408 international-$ in 2021 prices per person | 2,350 international-$ in 2021 prices per person | 10 |
| 1970s | 4,632 international-$ in 2021 prices per person | 2,498 international-$ in 2021 prices per person | 6,550 international-$ in 2021 prices per person | 10 |
| 1980s | 9,206 international-$ in 2021 prices per person | 6,118 international-$ in 2021 prices per person | 14,151 international-$ in 2021 prices per person | 10 |
| 1990s | 22,939 international-$ in 2021 prices per person | 15,798 international-$ in 2021 prices per person | 28,471 international-$ in 2021 prices per person | 10 |
| 2000s | 35,247 international-$ in 2021 prices per person | 28,609 international-$ in 2021 prices per person | 40,556 international-$ in 2021 prices per person | 10 |
| 2010s | 44,611 international-$ in 2021 prices per person | 40,477 international-$ in 2021 prices per person | 50,973 international-$ in 2021 prices per person | 10 |
| 2020s | 54,318 international-$ in 2021 prices per person | 51,414 international-$ in 2021 prices per person | 56,319 international-$ in 2021 prices per person | 4 |
Countries ranked near South Korea
- 20 Saudi Arabia 58,274 international-$ in 2021 prices per person compare
- 21 Hong Kong 57,976 international-$ in 2021 prices per person compare
- 22 Belgium 57,792 international-$ in 2021 prices per person compare
- 24 Kuwait 54,830 international-$ in 2021 prices per person compare
- 25 Canada 54,070 international-$ in 2021 prices per person compare
- 26 Bahrain 53,562 international-$ in 2021 prices per person compare
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), per capita in South Korea?
- Gross domestic product (gdp), per capita in South Korea was 56,319 international-$ in 2021 prices per person in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in South Korea?
- The highest recorded value was 56,319 international-$ in 2021 prices per person in 2023.
- What is the lowest gross domestic product (gdp), per capita recorded in South Korea?
- The lowest recorded value was 1,408 international-$ in 2021 prices per person in 1960.
- How does South Korea rank for gross domestic product (gdp), per capita?
- South Korea ranks 23rd out of 181 countries with data for 2023.
- Is gross domestic product (gdp), per capita rising or falling in South Korea?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.