Gross Domestic Product — Value US$ per capita, 2015 prices in Republic of Korea
Republic of Korea: Gross Domestic Product — Value US$ per capita, 2015 prices was 37,015 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita, 2015 prices in Republic of Korea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross domestic product — value us$ per capita, 2015 prices in Republic of Korea is 37,015 USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 25.1% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Republic of Korea peaked at 37,015 USD in 2024 and was at its lowest, 1,983 USD, in 1970.
That places Republic of Korea 34th out of 195 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ per capita, 2015 prices in Republic of Korea, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 1,983 USD | — |
| 1971 | 2,148 USD | +8.3% |
| 1972 | 2,258 USD | +5.1% |
| 1973 | 2,544 USD | +12.7% |
| 1974 | 2,737 USD | +7.6% |
| 1975 | 2,906 USD | +6.2% |
| 1976 | 3,246 USD | +11.7% |
| 1977 | 3,602 USD | +11.0% |
| 1978 | 3,954 USD | +9.8% |
| 1979 | 4,250 USD | +7.5% |
| 1980 | 4,138 USD | -2.6% |
| 1981 | 4,381 USD | +5.9% |
| 1982 | 4,672 USD | +6.6% |
| 1983 | 5,216 USD | +11.6% |
| 1984 | 5,686 USD | +9.0% |
| 1985 | 6,055 USD | +6.5% |
| 1986 | 6,659 USD | +10.0% |
| 1987 | 7,410 USD | +11.3% |
| 1988 | 8,193 USD | +10.6% |
| 1989 | 8,659 USD | +5.7% |
| 1990 | 9,407 USD | +8.6% |
| 1991 | 10,346 USD | +10.0% |
| 1992 | 10,950 USD | +5.8% |
| 1993 | 11,655 USD | +6.4% |
| 1994 | 12,678 USD | +8.8% |
| 1995 | 13,840 USD | +9.2% |
| 1996 | 14,857 USD | +7.4% |
| 1997 | 15,686 USD | +5.6% |
| 1998 | 14,818 USD | -5.5% |
| 1999 | 16,444 USD | +11.0% |
| 2000 | 17,855 USD | +8.6% |
| 2001 | 18,589 USD | +4.1% |
| 2002 | 19,920 USD | +7.2% |
| 2003 | 20,439 USD | +2.6% |
| 2004 | 21,416 USD | +4.8% |
| 2005 | 22,278 USD | +4.0% |
| 2006 | 23,370 USD | +4.9% |
| 2007 | 24,648 USD | +5.5% |
| 2008 | 25,295 USD | +2.6% |
| 2009 | 25,402 USD | +0.4% |
| 2010 | 27,052 USD | +6.5% |
| 2011 | 27,844 USD | +2.9% |
| 2012 | 28,282 USD | +1.6% |
| 2013 | 28,938 USD | +2.3% |
| 2014 | 29,592 USD | +2.3% |
| 2015 | 30,190 USD | +2.0% |
| 2016 | 30,957 USD | +2.5% |
| 2017 | 31,903 USD | +3.1% |
| 2018 | 32,817 USD | +2.9% |
| 2019 | 33,494 USD | +2.1% |
| 2020 | 33,202 USD | -0.9% |
| 2021 | 34,740 USD | +4.6% |
| 2022 | 35,733 USD | +2.9% |
| 2023 | 36,258 USD | +1.5% |
| 2024 | 37,015 USD | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,963 USD | 1,983 USD | 4,250 USD | 10 |
| 1980s | 6,107 USD | 4,138 USD | 8,659 USD | 10 |
| 1990s | 13,068 USD | 9,407 USD | 16,444 USD | 10 |
| 2000s | 21,921 USD | 17,855 USD | 25,402 USD | 10 |
| 2010s | 30,107 USD | 27,052 USD | 33,494 USD | 10 |
| 2020s | 35,390 USD | 33,202 USD | 37,015 USD | 5 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.5 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 6.06 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 32.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 32.07 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 571,534 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 646.38 million million SLC (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Republic of Korea?
- Gross domestic product — value us$ per capita, 2015 prices in Republic of Korea was 37,015 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Republic of Korea?
- The highest recorded value was 37,015 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Republic of Korea?
- The lowest recorded value was 1,983 USD in 1970.
- How does Republic of Korea rank for gross domestic product — value us$ per capita, 2015 prices?
- Republic of Korea ranks 34th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Republic of Korea?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).