Households and NPISHs Final consumption expenditure per capita, PPP in Republic of Korea
Republic of Korea: Households and NPISHs Final consumption expenditure per capita, PPP was 22,946 constant 2021 international $ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Republic of Korea, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita, ppp in Republic of Korea is 22,946 constant 2021 international $, measured in 2025. That is the highest value across all 36 years on record.
That represents a change of up 1.4% on the previous year and up 18.8% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Republic of Korea peaked at 22,946 constant 2021 international $ in 2025 and was at its lowest, 7,773 constant 2021 international $, in 1990.
Republic of Korea ranks 38th of 169 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Republic of Korea, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 7,773 constant 2021 international $ | — |
| 1991 | 8,397 constant 2021 international $ | +8.0% |
| 1992 | 8,906 constant 2021 international $ | +6.1% |
| 1993 | 9,445 constant 2021 international $ | +6.1% |
| 1994 | 10,233 constant 2021 international $ | +8.3% |
| 1995 | 11,232 constant 2021 international $ | +9.8% |
| 1996 | 12,003 constant 2021 international $ | +6.9% |
| 1997 | 12,409 constant 2021 international $ | +3.4% |
| 1998 | 10,864 constant 2021 international $ | -12.5% |
| 1999 | 12,102 constant 2021 international $ | +11.4% |
| 2000 | 13,087 constant 2021 international $ | +8.1% |
| 2001 | 13,744 constant 2021 international $ | +5.0% |
| 2002 | 14,912 constant 2021 international $ | +8.5% |
| 2003 | 14,811 constant 2021 international $ | -0.7% |
| 2004 | 14,834 constant 2021 international $ | +0.2% |
| 2005 | 15,501 constant 2021 international $ | +4.5% |
| 2006 | 16,190 constant 2021 international $ | +4.4% |
| 2007 | 16,981 constant 2021 international $ | +4.9% |
| 2008 | 17,146 constant 2021 international $ | +1.0% |
| 2009 | 17,093 constant 2021 international $ | -0.3% |
| 2010 | 17,769 constant 2021 international $ | +4.0% |
| 2011 | 18,182 constant 2021 international $ | +2.3% |
| 2012 | 18,401 constant 2021 international $ | +1.2% |
| 2013 | 18,652 constant 2021 international $ | +1.4% |
| 2014 | 18,923 constant 2021 international $ | +1.5% |
| 2015 | 19,309 constant 2021 international $ | +2.0% |
| 2016 | 19,768 constant 2021 international $ | +2.4% |
| 2017 | 20,277 constant 2021 international $ | +2.6% |
| 2018 | 20,851 constant 2021 international $ | +2.8% |
| 2019 | 21,272 constant 2021 international $ | +2.0% |
| 2020 | 20,256 constant 2021 international $ | -4.8% |
| 2021 | 21,041 constant 2021 international $ | +3.9% |
| 2022 | 21,969 constant 2021 international $ | +4.4% |
| 2023 | 22,396 constant 2021 international $ | +1.9% |
| 2024 | 22,618 constant 2021 international $ | +1.0% |
| 2025 | 22,946 constant 2021 international $ | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10,336 constant 2021 international $ | 7,773 constant 2021 international $ | 12,409 constant 2021 international $ | 10 |
| 2000s | 15,430 constant 2021 international $ | 13,087 constant 2021 international $ | 17,146 constant 2021 international $ | 10 |
| 2010s | 19,340 constant 2021 international $ | 17,769 constant 2021 international $ | 21,272 constant 2021 international $ | 10 |
| 2020s | 21,871 constant 2021 international $ | 20,256 constant 2021 international $ | 22,946 constant 2021 international $ | 6 |
Countries ranked near Republic of Korea
- 35 Greece 23,420 constant 2021 international $ compare
- 36 Romania 23,061 constant 2021 international $ compare
- 37 Slovenia 22,976 constant 2021 international $ compare
- 39 Greenland 22,852 constant 2021 international $ compare
- 40 Japan 22,639 constant 2021 international $ compare
- 41 Croatia 21,755 constant 2021 international $ compare
More economy & growth data for Republic of Korea
- Manufacturing, value added (constant LCU), per capita 12.06 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3433 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 12,437 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.48 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 488.33 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 17.69 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1897 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3525 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,771 constant 2015 US$ per person (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Republic of Korea?
- Households and npishs final consumption expenditure per capita, ppp in Republic of Korea was 22,946 constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Republic of Korea?
- The highest recorded value was 22,946 constant 2021 international $ in 2025.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Republic of Korea?
- The lowest recorded value was 7,773 constant 2021 international $ in 1990.
- How does Republic of Korea rank for households and npishs final consumption expenditure per capita, ppp?
- Republic of Korea ranks 38th out of 169 countries with data for 2025.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Republic of Korea?
- Over the last ten years it is up 18.8%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.