Median income or consumption per day vs. GDP per capita in Republic of Korea
Republic of Korea: Median income or consumption per day vs. GDP per capita was 54.25 international-$ in 2021 prices in 2021. ▲ Rising
Median income or consumption per day vs. GDP per capita in Republic of Korea, 2006–2021
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for median income or consumption per day vs. gdp per capita in Republic of Korea is 54.25 international-$ in 2021 prices, measured in 2021. That is the highest value across all 11 years on record.
That represents a change of up 5.1% on the previous year and up 55.5% over ten years.
Over the whole period, median income or consumption per day vs. gdp per capita in Republic of Korea peaked at 54.25 international-$ in 2021 prices in 2021 and was at its lowest, 33.64 international-$ in 2021 prices, in 2006.
That places Republic of Korea 17th out of 118 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Median income or consumption per day vs. GDP per capita in Republic of Korea, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 2006 | 33.64 international-$ in 2021 prices | — |
| 2008 | 34.31 international-$ in 2021 prices | +2.0% |
| 2010 | 34.89 international-$ in 2021 prices | +1.7% |
| 2012 | 37.31 international-$ in 2021 prices | +6.9% |
| 2014 | 38.89 international-$ in 2021 prices | +4.2% |
| 2016 | 44.77 international-$ in 2021 prices | +15.1% |
| 2017 | 46.53 international-$ in 2021 prices | +3.9% |
| 2018 | 47.84 international-$ in 2021 prices | +2.8% |
| 2019 | 49.88 international-$ in 2021 prices | +4.3% |
| 2020 | 51.61 international-$ in 2021 prices | +3.5% |
| 2021 | 54.25 international-$ in 2021 prices | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.98 international-$ in 2021 prices | 33.64 international-$ in 2021 prices | 34.31 international-$ in 2021 prices | 2 |
| 2010s | 42.87 international-$ in 2021 prices | 34.89 international-$ in 2021 prices | 49.88 international-$ in 2021 prices | 7 |
| 2020s | 52.93 international-$ in 2021 prices | 51.61 international-$ in 2021 prices | 54.25 international-$ in 2021 prices | 2 |
Countries ranked near Republic of Korea
- 14 Malta 56.03 international-$ in 2021 prices compare
- 15 Sweden 55.6 international-$ in 2021 prices compare
- 16 United Kingdom of Great Britain and Northern Ireland 54.55 international-$ in 2021 prices compare
- 18 Cyprus 52.14 international-$ in 2021 prices compare
- 19 Slovenia 49.24 international-$ in 2021 prices compare
- 20 Italy 48.79 international-$ in 2021 prices 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$), annual growth rate 0.6183 % change on previous year (2025)
Frequently asked questions
- What is median income or consumption per day vs. gdp per capita in Republic of Korea?
- Median income or consumption per day vs. gdp per capita in Republic of Korea was 54.25 international-$ in 2021 prices in 2021, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest median income or consumption per day vs. gdp per capita recorded in Republic of Korea?
- The highest recorded value was 54.25 international-$ in 2021 prices in 2021.
- What is the lowest median income or consumption per day vs. gdp per capita recorded in Republic of Korea?
- The lowest recorded value was 33.64 international-$ in 2021 prices in 2006.
- How does Republic of Korea rank for median income or consumption per day vs. gdp per capita?
- Republic of Korea ranks 17th out of 118 countries with data for 2021.
- Is median income or consumption per day vs. gdp per capita rising or falling in Republic of Korea?
- Over the last ten years it is up 55.5%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Median income or consumption per day vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Value of income or consumption per day below which 50% of the population live.