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South Korea GDP per Capita

South Korea's GDP per capita rose to $34,121.02 in 2023, up from $33,690.38 in 2022, according to World Bank. This represents an increase of 1.3% ($430.64) from the previous year. South Korea has GDP per capita higher than the global median ($34,121 vs median $6,791). Compared with the median in Asia, South Korea is higher ($34,121 vs regional median $5,378) and ranks 8th out of 47 countries in Asia.

South Korea's GDP rose to $1.71 trillion in 2023, up from $1.67 trillion in 2022.

Yearly Historical Data (1960-2023)

(in USD)
Year GDP per Capita (USD)
2023 34,121.02
2022 33,690.38
2021 32,771.07
2020 31,378.16
2019 31,645.95
2018 31,059.27
2017 30,312.89
2016 29,467.12
2015 28,737.44
2014 28,100.01
2013 27,399.62
2012 26,680.28
2011 26,191.64
2010 25,455.62
2009 23,952.81
2008 23,887.06
2007 23,365.14
2006 22,196.21
2005 21,197.2
2004 20,364.76
2003 19,435.49
2002 18,940.38
2001 17,684.05
2000 16,995.56
1999 15,714.41
1998 14,198.39
1997 15,074.49
1996 14,332.14
1995 13,411.11
1994 12,358.52
1993 11,424.59
1992 10,798.56
1991 10,274.48
1990 9,367.09
1989 8,609.43
1988 8,120.64
1987 7,322.72
1986 6,560.48
1985 5,951.88
1984 5,573.84
1983 5,104.45
1982 4,569.09
1981 4,283.12
1980 4,056.53
1979 4,189.18
1978 3,913.83
1977 3,581.47
1976 3,238.27
1975 2,906.15
1974 2,740.59
1973 2,545.78
1972 2,255.21
1971 2,143.29
1970 1,977.43
1969 1,836.48
1968 1,639.75
1967 1,483
1966 1,391.67
1965 1,274.27
1964 1,217.95
1963 1,142.03
1962 1,077.12
1961 1,066.8
1960 1,027.65
South Korea GDP per Capita : Definition
GDP per Capita measures total economic output for South Korea divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $1.71T $1.67T 2023
GDP Annual Growth Rate 1.36% 2.61% 2023
GDP Growth Rate (QoQ) 0.7% -0.2% Jun'25
GDP Growth Rate (YoY) 0.6% 0% Jun'25
GDP per Capita PPP $50,414.21 $49,777.93 2023
R&D Expenditure (% GDP) 5.21% 4.91% 2022
Real GDP $1.76T $1.74T 2023