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 28,116 current 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 current international $.
Analysis
Republic of Korea recorded 28,116 current international $ for households and npishs final consumption expenditure per capita, ppp in 2025. That is the highest value across all 36 years on record.
The figure is up 2.4% on the previous year and up 58.8% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Republic of Korea peaked at 28,116 current international $ in 2025 and was at its lowest, 4,645 current international $, in 1990.
That places Republic of Korea 35th out of 182 countries with data for 2025, putting it 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 | current international $ | Change |
|---|---|---|
| 1990 | 4,645 current international $ | — |
| 1991 | 5,192 current international $ | +11.8% |
| 1992 | 5,651 current international $ | +8.8% |
| 1993 | 6,146 current international $ | +8.8% |
| 1994 | 6,802 current international $ | +10.7% |
| 1995 | 7,594 current international $ | +11.6% |
| 1996 | 8,289 current international $ | +9.2% |
| 1997 | 8,719 current international $ | +5.2% |
| 1998 | 7,693 current international $ | -11.8% |
| 1999 | 8,695 current international $ | +13.0% |
| 2000 | 9,499 current international $ | +9.2% |
| 2001 | 10,176 current international $ | +7.1% |
| 2002 | 11,021 current international $ | +8.3% |
| 2003 | 11,208 current international $ | +1.7% |
| 2004 | 11,504 current international $ | +2.6% |
| 2005 | 12,403 current international $ | +7.8% |
| 2006 | 13,283 current international $ | +7.1% |
| 2007 | 14,290 current international $ | +7.6% |
| 2008 | 14,816 current international $ | +3.7% |
| 2009 | 14,834 current international $ | +0.1% |
| 2010 | 15,697 current international $ | +5.8% |
| 2011 | 16,587 current international $ | +5.7% |
| 2012 | 17,118 current international $ | +3.2% |
| 2013 | 16,445 current international $ | -3.9% |
| 2014 | 16,580 current international $ | +0.8% |
| 2015 | 17,705 current international $ | +6.8% |
| 2016 | 18,225 current international $ | +2.9% |
| 2017 | 18,583 current international $ | +2.0% |
| 2018 | 19,610 current international $ | +5.5% |
| 2019 | 20,071 current international $ | +2.4% |
| 2020 | 19,542 current international $ | -2.6% |
| 2021 | 21,041 current international $ | +7.7% |
| 2022 | 24,392 current international $ | +15.9% |
| 2023 | 26,345 current international $ | +8.0% |
| 2024 | 27,457 current international $ | +4.2% |
| 2025 | 28,116 current international $ | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,943 current international $ | 4,645 current international $ | 8,719 current international $ | 10 |
| 2000s | 12,303 current international $ | 9,499 current international $ | 14,834 current international $ | 10 |
| 2010s | 17,662 current international $ | 15,697 current international $ | 20,071 current international $ | 10 |
| 2020s | 24,482 current international $ | 19,542 current international $ | 28,116 current international $ | 6 |
Countries ranked near Republic of Korea
- 32 Slovenia 28,666 current international $ compare
- 33 Greece 28,388 current international $ compare
- 34 San Marino 28,201 current international $ compare
- 36 Israel 27,661 current international $ compare
- 37 Japan 27,317 current international $ compare
- 38 Puerto Rico 27,286 current international $ compare
More economy & growth data for Republic of Korea
- Gross capital formation (current US$), annual growth rate -2.97 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2913 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 10,553 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 1.24 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 414.37 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 15.01 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -1.74 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2815 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 10,198 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 0.6183 % change on previous year (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 28,116 current 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 28,116 current 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 4,645 current international $ in 1990.
- How does Republic of Korea rank for households and npishs final consumption expenditure per capita, ppp?
- Republic of Korea ranks 35th out of 182 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 58.8%. 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 (current 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 current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.