Gross national expenditure (constant 2015 US$), per capita in Republic of Korea
Republic of Korea: Gross national expenditure (constant 2015 US$), per capita was 34,500 constant 2015 US$ per person in 2025. ◆ Volatile
Gross national expenditure (constant 2015 US$), per capita in Republic of Korea, 1960–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
In 2025, gross national expenditure (constant 2015 us$), per capita in Republic of Korea stood at 34,500 constant 2015 US$ per person. That is the highest value across all 66 years on record.
The figure is up 0.8% on the previous year and up 22.4% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per capita in Republic of Korea peaked at 34,500 constant 2015 US$ per person in 2025 and was at its lowest, 1,509 constant 2015 US$ per person, in 1960.
That places Republic of Korea 28th out of 163 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant 2015 US$), per capita in Republic of Korea, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1960 | 1,509 constant 2015 US$ per person | — |
| 1961 | 1,517 constant 2015 US$ per person | +0.5% |
| 1962 | 1,595 constant 2015 US$ per person | +5.1% |
| 1963 | 1,666 constant 2015 US$ per person | +4.5% |
| 1964 | 1,720 constant 2015 US$ per person | +3.2% |
| 1965 | 1,791 constant 2015 US$ per person | +4.1% |
| 1966 | 1,938 constant 2015 US$ per person | +8.2% |
| 1967 | 2,082 constant 2015 US$ per person | +7.5% |
| 1968 | 2,312 constant 2015 US$ per person | +11.0% |
| 1969 | 2,555 constant 2015 US$ per person | +10.5% |
| 1970 | 2,726 constant 2015 US$ per person | +6.7% |
| 1971 | 2,952 constant 2015 US$ per person | +8.3% |
| 1972 | 2,994 constant 2015 US$ per person | +1.4% |
| 1973 | 3,273 constant 2015 US$ per person | +9.3% |
| 1974 | 3,573 constant 2015 US$ per person | +9.2% |
| 1975 | 3,686 constant 2015 US$ per person | +3.2% |
| 1976 | 3,983 constant 2015 US$ per person | +8.0% |
| 1977 | 4,327 constant 2015 US$ per person | +8.7% |
| 1978 | 4,822 constant 2015 US$ per person | +11.4% |
| 1979 | 5,250 constant 2015 US$ per person | +8.9% |
| 1980 | 5,031 constant 2015 US$ per person | -4.2% |
| 1981 | 5,207 constant 2015 US$ per person | +3.5% |
| 1982 | 5,514 constant 2015 US$ per person | +5.9% |
| 1983 | 5,980 constant 2015 US$ per person | +8.5% |
| 1984 | 6,381 constant 2015 US$ per person | +6.7% |
| 1985 | 6,758 constant 2015 US$ per person | +5.9% |
| 1986 | 7,388 constant 2015 US$ per person | +9.3% |
| 1987 | 8,055 constant 2015 US$ per person | +9.0% |
| 1988 | 8,942 constant 2015 US$ per person | +11.0% |
| 1989 | 9,975 constant 2015 US$ per person | +11.5% |
| 1990 | 11,039 constant 2015 US$ per person | +10.7% |
| 1991 | 12,220 constant 2015 US$ per person | +10.7% |
| 1992 | 12,709 constant 2015 US$ per person | +4.0% |
| 1993 | 13,375 constant 2015 US$ per person | +5.2% |
| 1994 | 14,618 constant 2015 US$ per person | +9.3% |
| 1995 | 15,873 constant 2015 US$ per person | +8.6% |
| 1996 | 17,123 constant 2015 US$ per person | +7.9% |
| 1997 | 17,385 constant 2015 US$ per person | +1.5% |
| 1998 | 14,674 constant 2015 US$ per person | -15.6% |
| 1999 | 16,777 constant 2015 US$ per person | +14.3% |
| 2000 | 18,265 constant 2015 US$ per person | +8.9% |
| 2001 | 18,930 constant 2015 US$ per person | +3.6% |
| 2002 | 20,414 constant 2015 US$ per person | +7.8% |
| 2003 | 20,742 constant 2015 US$ per person | +1.6% |
| 2004 | 21,101 constant 2015 US$ per person | +1.7% |
| 2005 | 21,967 constant 2015 US$ per person | +4.1% |
| 2006 | 22,976 constant 2015 US$ per person | +4.6% |
| 2007 | 24,070 constant 2015 US$ per person | +4.8% |
| 2008 | 24,233 constant 2015 US$ per person | +0.7% |
| 2009 | 23,698 constant 2015 US$ per person | -2.2% |
| 2010 | 25,587 constant 2015 US$ per person | +8.0% |
| 2011 | 26,146 constant 2015 US$ per person | +2.2% |
| 2012 | 26,217 constant 2015 US$ per person | +0.3% |
| 2013 | 26,666 constant 2015 US$ per person | +1.7% |
| 2014 | 27,263 constant 2015 US$ per person | +2.2% |
| 2015 | 28,196 constant 2015 US$ per person | +3.4% |
| 2016 | 29,287 constant 2015 US$ per person | +3.9% |
| 2017 | 30,772 constant 2015 US$ per person | +5.1% |
| 2018 | 31,377 constant 2015 US$ per person | +2.0% |
| 2019 | 31,818 constant 2015 US$ per person | +1.4% |
| 2020 | 31,366 constant 2015 US$ per person | -1.4% |
| 2021 | 32,728 constant 2015 US$ per person | +4.3% |
| 2022 | 33,722 constant 2015 US$ per person | +3.0% |
| 2023 | 34,170 constant 2015 US$ per person | +1.3% |
| 2024 | 34,217 constant 2015 US$ per person | +0.1% |
| 2025 | 34,500 constant 2015 US$ per person | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,868 constant 2015 US$ per person | 1,509 constant 2015 US$ per person | 2,555 constant 2015 US$ per person | 10 |
| 1970s | 3,758 constant 2015 US$ per person | 2,726 constant 2015 US$ per person | 5,250 constant 2015 US$ per person | 10 |
| 1980s | 6,923 constant 2015 US$ per person | 5,031 constant 2015 US$ per person | 9,975 constant 2015 US$ per person | 10 |
| 1990s | 14,579 constant 2015 US$ per person | 11,039 constant 2015 US$ per person | 17,385 constant 2015 US$ per person | 10 |
| 2000s | 21,640 constant 2015 US$ per person | 18,265 constant 2015 US$ per person | 24,233 constant 2015 US$ per person | 10 |
| 2010s | 28,333 constant 2015 US$ per person | 25,587 constant 2015 US$ per person | 31,818 constant 2015 US$ per person | 10 |
| 2020s | 33,450 constant 2015 US$ per person | 31,366 constant 2015 US$ per person | 34,500 constant 2015 US$ per person | 6 |
Countries ranked near Republic of Korea
- 25 Macau, China 36,628 constant 2015 US$ per person compare
- 26 Bahamas 35,647 constant 2015 US$ per person compare
- 27 San Marino 35,067 constant 2015 US$ per person compare
- 29 Italy 34,229 constant 2015 US$ per person compare
- 30 Puerto Rico 32,907 constant 2015 US$ per person compare
- 31 Malta 28,927 constant 2015 US$ per person compare
More economy & growth data for Republic of Korea
- Final consumption expenditure (constant 2015 US$), per capita 24,301 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate -1.35 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.948 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 34,344 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.92 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1,348 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 48.85 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.6957 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9523 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 3 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), per capita in Republic of Korea?
- Gross national expenditure (constant 2015 us$), per capita in Republic of Korea was 34,500 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per capita recorded in Republic of Korea?
- The highest recorded value was 34,500 constant 2015 US$ per person in 2025.
- What is the lowest gross national expenditure (constant 2015 us$), per capita recorded in Republic of Korea?
- The lowest recorded value was 1,509 constant 2015 US$ per person in 1960.
- How does Republic of Korea rank for gross national expenditure (constant 2015 us$), per capita?
- Republic of Korea ranks 28th out of 163 countries with data for 2025.
- Is gross national expenditure (constant 2015 us$), per capita rising or falling in Republic of Korea?
- Over the last ten years it is up 22.4%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.