Mean income or consumption per day 2011 vs 2017 prices in South Korea
South Korea: Mean income or consumption per day 2011 vs 2017 prices was 58.95 in 2021. ▲ Rising
Mean income or consumption per day 2011 vs 2017 prices in South Korea, 2006–2021
Source: Our World in Data.
Analysis
In 2021, mean income or consumption per day 2011 vs 2017 prices in South Korea stood at 58.95. That is the highest value across all 11 years on record.
That represents a change of up 5.0% on the previous year and up 58.7% over ten years.
Over the whole period, mean income or consumption per day 2011 vs 2017 prices in South Korea peaked at 58.95 in 2021 and was at its lowest, 35.46, in 2006.
That places South Korea 9th out of 119 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Mean income or consumption per day 2011 vs 2017 prices in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 35.46 | — |
| 2008 | 36.65 | +3.3% |
| 2010 | 37.16 | +1.4% |
| 2012 | 39.22 | +5.6% |
| 2014 | 41.14 | +4.9% |
| 2016 | 49.13 | +19.4% |
| 2017 | 50.78 | +3.4% |
| 2018 | 52.15 | +2.7% |
| 2019 | 54.11 | +3.8% |
| 2020 | 56.15 | +3.8% |
| 2021 | 58.95 | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.06 | 35.46 | 36.65 | 2 |
| 2010s | 46.24 | 37.16 | 54.11 | 7 |
| 2020s | 57.55 | 56.15 | 58.95 | 2 |
Countries ranked near South Korea
More economy & growth data for South Korea
- GDP (current US$), annual growth rate -0.161 % change on previous year (2025)
- GDP (current US$), per capita 36,227 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.16 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1,422 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 51.53 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 37,470 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,237 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is mean income or consumption per day 2011 vs 2017 prices in South Korea?
- Mean income or consumption per day 2011 vs 2017 prices in South Korea was 58.95 in 2021, according to Our World in Data.
- What is the highest mean income or consumption per day 2011 vs 2017 prices recorded in South Korea?
- The highest recorded value was 58.95 in 2021.
- What is the lowest mean income or consumption per day 2011 vs 2017 prices recorded in South Korea?
- The lowest recorded value was 35.46 in 2006.
- How does South Korea rank for mean income or consumption per day 2011 vs 2017 prices?
- South Korea ranks 9th out of 119 countries with data for 2021.
- Is mean income or consumption per day 2011 vs 2017 prices rising or falling in South Korea?
- Over the last ten years it is up 58.7%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Mean income or consumption per day 2011 vs 2017 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).