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South Korea GDP per Capita PPP

South Korea's GDP per capita PPP rose to $50,414.21 in 2023, up from $49,777.93 in 2022, according to World Bank. This represents an increase of 1.3% (636.28) from the previous year. South Korea has GDP per capita PPP higher than the global median (50,414.21 vs median 17,953.85). Compared with the median in Asia, South Korea is higher (50,414.21 vs regional median 16,512.67) and ranks 9th out of 46 countries in Asia.

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

Yearly Historical Data (1990-2023)

(in International Dollars)
Year GDP per Capita PPP
2023 50,414.21
2022 49,777.93
2021 48,419.64
2020 46,361.6
2019 46,757.26
2018 45,890.43
2017 44,787.65
2016 43,538.02
2015 42,459.9
2014 41,518.09
2013 40,483.25
2012 39,420.42
2011 38,698.46
2010 37,610.97
2009 35,390.56
2008 35,293.41
2007 34,522.27
2006 32,795.16
2005 31,319.11
2004 30,089.17
2003 28,716.17
2002 27,984.64
2001 26,128.39
2000 25,111.14
1999 23,218.23
1998 20,978.28
1997 22,272.73
1996 21,175.9
1995 19,815.07
1994 18,259.86
1993 16,879.96
1992 15,955
1991 15,180.67
1990 13,839.99
South Korea GDP per Capita PPP : Definition
GDP per Capita PPP measures total economic output per person in South Korea, adjusted for differences in cost of living, using 2021 international 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 $34,121.02 $33,690.38 2023
R&D Expenditure (% GDP) 5.21% 4.91% 2022
Real GDP $1.76T $1.74T 2023