South Korea Household Income per Capita
Key information about South Korea Household Income per Capita
- South Korea Annual Household Income per Capita reached 19,230.954 USD in Dec 2023, compared with the previous value of 18,350.936 USD in Dec 2022.
- South Korea Annual Household Income per Capita data is updated yearly, available from Dec 2003 to Dec 2023, with an averaged value of 14,027.328 USD.
- The data reached an all-time high of 19,230.954 USD in Dec 2023 and a record low of 7,685.194 USD in Dec 2003.
- In the latest reports, Retail Sales of South Korea dropped 0.473 % YoY in May 2023.
CEIC calculates Annual Household Income per Capita from quarterly Monthly Household Income multiplied by 3 and quarterly Average Household Size and converts it into USD. Statistics Korea provides Household Income in local currency and Average Household Size. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income excludes single person and farm households. Household Income per Capita prior to 2019 is based on old methodology.
View South Korea's Household Income per Capita from 2003 to 2023 in the chart:
What was South Korea's Household Income per Capita in 2023?
South Korea Annual Household Income per Capita reached 19,230.954 USD in Dec 2023, compared with the previous value of 18,350.936 USD in Dec 2022. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
19,230.954 2023 | 18,350.936 2022 | 7,685.194 2003 | 19,230.954 2023 | USD | yearly | 2003 - 2023 |
Household Income per Capita by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Argentina (USD) | 4,522.736 2023 | yearly | 2004 - 2023 |
Armenia (USD) | 1,811.552 2021 | yearly | 1996 - 2021 |
Australia (USD) | 30,914.027 2020 | yearly | 1995 - 2020 |
Austria (USD) | 24,991.811 2021 | yearly | 2005 - 2021 |
Azerbaijan (USD) | 4,509.654 2023 | yearly | 2000 - 2023 |
Bangladesh (USD) | 995.873 2022 | yearly | 2000 - 2022 |
Belarus (USD) | 4,681.730 2023 | yearly | 1995 - 2023 |
Belgium (USD) | 22,898.237 2010 | yearly | 1999 - 2010 |
Botswana (USD) | 1,564.722 2003 | yearly | 1994 - 2003 |
Brazil (USD) | 4,779.705 2017 | yearly | 2016 - 2017 |
Brunei (USD) | 9,871.186 2015 | yearly | 2005 - 2015 |
Bulgaria (USD) | 4,842.642 2022 | yearly | 1999 - 2022 |
Cambodia (USD) | 1,591.880 2021 | yearly | 2009 - 2021 |
Chile (USD) | 7,633.224 2022 | yearly | 2012 - 2022 |
China (USD) | 4,805.935 2013 | yearly | 1985 - 2013 |
Croatia (USD) | 5,924.320 2019 | yearly | 2010 - 2019 |
Czech Republic (USD) | 10,158.774 2021 | yearly | 2001 - 2021 |
Denmark (USD) | 48,920.219 2021 | yearly | 2000 - 2021 |
Estonia (USD) | 12,845.581 2022 | yearly | 2008 - 2022 |
Finland (USD) | 27,241.063 2020 | yearly | 1987 - 2020 |
France (USD) | 28,072.393 2023 | yearly | 1957 - 2023 |
Georgia (USD) | 1,662.822 2022 | yearly | 2001 - 2022 |
Germany (USD) | 33,631.824 2018 | yearly | 1998 - 2018 |
Hungary (USD) | 8,278.355 2022 | yearly | 2000 - 2022 |
Iceland (USD) | 61,901.130 2022 | yearly | 1990 - 2022 |
Ireland (USD) | 40,112.159 2023 | yearly | 2003 - 2023 |
Israel (USD) | 24,647.808 2022 | yearly | 2005 - 2022 |
Italy (USD) | 15,321.940 2017 | yearly | 2011 - 2017 |
Japan (USD) | 16,060.769 2023 | yearly | 2000 - 2023 |
Jordan (USD) | 3,353.738 2016 | yearly | 2016 - 2016 |
Kazakhstan (USD) | 4,026.825 2022 | yearly | 2000 - 2022 |
South Korea (USD) | 19,230.954 2023 | yearly | 2003 - 2023 |
Kyrgyzstan (USD) | 1,327.085 2023 | yearly | 1994 - 2023 |
Latvia (USD) | 9,337.021 2022 | yearly | 2004 - 2022 |
Lithuania (USD) | 10,849.706 2023 | yearly | 2005 - 2023 |
Macau SAR, China (USD) | 27,192.015 2018 | yearly | 2003 - 2018 |
North Macedonia (USD) | 3,179.507 2023 | yearly | 2002 - 2023 |
Malaysia (USD) | 5,731.680 2022 | yearly | 2002 - 2022 |
Malta (USD) | 17,454.490 2020 | yearly | 2005 - 2020 |
Mauritius (USD) | 3,821.868 2017 | yearly | 2002 - 2017 |
Mexico (USD) | 3,690.156 2022 | yearly | 2006 - 2022 |
Moldova (USD) | 3,247.325 2023 | yearly | 2006 - 2023 |
Mongolia (USD) | 1,916.752 2022 | yearly | 1997 - 2022 |
Montenegro (USD) | 2,678.254 2015 | yearly | 2005 - 2015 |
Nepal (USD) | 811.626 2015 | yearly | 2006 - 2015 |
Netherlands (USD) | 40,722.274 2022 | yearly | 2000 - 2022 |
New Zealand (USD) | 29,006.942 2023 | yearly | 2007 - 2023 |
Norway (USD) | 46,675.159 2022 | yearly | 2005 - 2022 |
Oman (USD) | 4,964.629 2011 | yearly | 2007 - 2011 |
Pakistan (USD) | 587.069 2019 | yearly | 2005 - 2019 |
Poland (USD) | 7,645.611 2023 | yearly | 1995 - 2023 |
Portugal (USD) | 17,108.254 2021 | yearly | 1995 - 2021 |
Qatar (USD) | 24,999.462 2013 | yearly | 1988 - 2013 |
Romania (USD) | 7,531.947 2023 | yearly | 2001 - 2023 |
Russia (USD) | 7,082.736 2023 | yearly | 1992 - 2023 |
Serbia (USD) | 3,753.131 2023 | yearly | 2003 - 2023 |
Singapore (USD) | 38,976.554 2022 | yearly | 2000 - 2022 |
Slovakia (USD) | 7,757.691 2019 | yearly | 2004 - 2019 |
Slovenia (USD) | 13,884.423 2023 | yearly | 2000 - 2023 |
Spain (USD) | 14,807.750 2022 | yearly | 2007 - 2022 |
Sri Lanka (USD) | 1,422.182 2019 | yearly | 1981 - 2019 |
Switzerland (USD) | 59,109.786 2020 | yearly | 2006 - 2020 |
Taiwan (USD) | 16,714.808 2022 | yearly | 1984 - 2022 |
Tajikistan (USD) | 725.983 2021 | yearly | 1998 - 2021 |
Thailand (USD) | 3,756.344 2023 | yearly | 1981 - 2023 |
Turkey (USD) | 2,208.402 2023 | yearly | 2007 - 2023 |
Ukraine (USD) | 2,470.046 2021 | yearly | 1999 - 2021 |
United Kingdom (USD) | 33,138.005 2022 | yearly | 1996 - 2022 |
United States (USD) | 39,167.917 2022 | yearly | 1984 - 2022 |
Uruguay (USD) | 6,926.762 2020 | yearly | 2006 - 2020 |
Uzbekistan (USD) | 1,705.680 2023 | yearly | 2000 - 2023 |
Vietnam (USD) | 2,409.689 2022 | yearly | 1994 - 2022 |
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Learn more about what we doSouth Korea Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -2.5 Mar 2024 | quarterly | Jun 2000 - Mar 2024 |
Consolidated Fiscal Balance (USD mn) | -17,267.652 Jun 2024 | monthly | Jul 1999 - Jun 2024 |
Tax Revenue (USD mn) | 29,087.282 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Tax Revenue: % of GDP (%) | 14.0 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
National Government Debt (USD mn) | 832,443.4 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Government Debt: % of GDP (%) | 45.7 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
Forecast: Government Expenditure (KRW bn) | 679,848.650 2028 | yearly | 1995 - 2028 |
Forecast: Government Net Debt (KRW bn) | 1,715,144.394 2029 | yearly | 1990 - 2029 |
Forecast: Government Revenue (KRW bn) | 679,687.380 2028 | yearly | 1995 - 2028 |
National Debt (ND) (KRW bn) | 1,126,700.000 2023 | yearly | 1997 - 2023 |
Central Govt Debt: Foreign (KRW bn) | 11,861.000 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
Central Govt Debt (KRW bn) | 1,115,470.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
Central Govt Debt: Short-Term (KRW bn) | 0.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
Central Govt Debt: Medium & Long Term (KRW bn) | 1,115,274.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
Central Govt Debt: Domestic (KRW bn) | 1,103,609.000 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
Public Sector Debt (KRW bn) | 1,588,700.000 2022 | yearly | 2011 - 2022 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.043 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 3,830.0 Aug 2024 | monthly | Jan 1966 - Aug 2024 |
Total Exports (USD mn) | 57,468.8 Jul 2024 | monthly | Jan 1966 - Jul 2024 |
Total Exports Growth (%) | 11.4 Aug 2024 | monthly | Jan 1967 - Aug 2024 |
Aluminum: Exports (USD th) | 3,718,401.564 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,062,354.931 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 6,513,466.420 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 54,067.0 Aug 2024 | monthly | Jan 1966 - Aug 2024 |
Total Imports Growth (%) | 6.0 Aug 2024 | monthly | Jan 1967 - Aug 2024 |
Imports: Medicament (USD th) | 4,532,213.079 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 4,747,831.996 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 9,956.000 Aug 2024 | monthly | Apr 1964 - Aug 2024 |
Total Imports from USA (USD mn) | 6,255.000 Aug 2024 | monthly | Apr 1964 - Aug 2024 |
Total Exports to China (USD mn) | 11,351.000 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
Total Imports from China (USD mn) | 11,483.000 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
Trade Balance: First 10 days (USD mn) | -2,934.240 Aug 2024 | monthly | Jan 2016 - Aug 2024 |
Imports: First 10 days (USD mn) | 18,406.716 Aug 2024 | monthly | Jan 2016 - Aug 2024 |
Exports: First 10 days (USD mn) | 15,472.476 Aug 2024 | monthly | Jan 2016 - Aug 2024 |
Imports: Middle East: Qatar (USD th) | 1,173,813.000 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
Imports: Natural Gas: Quantity (Ton th) | 4,552.00 Feb 2018 | monthly | Nov 1990 - Feb 2018 |
Motor Vehicle: Exports (Unit) | 188,619.000 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
Export Value Index (2015=100) | 122.334 2021 | yearly | 1980 - 2021 |
Import Value Index (2015=100) | 140.915 2021 | yearly | 1980 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 4,886.5 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
Current Account Balance (USD mn) | 8,575.9 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
Current Account Balance: % of GDP (USD mn) | 8,575.9 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
Foreign Direct Investment (USD mn) | 2,558.8 Jun 2023 | monthly | Jan 1980 - Jun 2023 |
Foreign Direct Investment: % of GDP (%) | 0.2 Mar 2024 | quarterly | Mar 1980 - Mar 2024 |
Foreign Portfolio Investment (USD mn) | 5,550.400 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Foreign Portfolio Investment: % of GDP (%) | 3.6 Mar 2024 | quarterly | Mar 1980 - Mar 2024 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 5,290.8 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 259.600 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
External Debt (USD mn) | 658,284.1 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
External Debt: % of GDP (%) | 36.6 2023 | yearly | 1994 - 2023 |
External Debt: Short Term (USD mn) | 141,962.9 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
External Debt: Short Term: % of GDP (%) | 7.7 2023 | yearly | 1994 - 2023 |
Total Debt: % of GDP (%) | 705.4 Mar 2024 | quarterly | Dec 2008 - Mar 2024 |
Forecast: Current Account Balance (USD bn) | 66.020 2028 | yearly | 1980 - 2028 |
Net International Investment Position (USD mn) | 858,450.400 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
BoP: CA: G&S: Goods: Exports fob (USD mn) | 53,778.700 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CA: G&S: Goods: Imports fob (USD mn) | 42,392.700 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CA: G&S: Services (SV) (USD mn) | -2,093.900 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CA: G&S: SV: Credit (USD mn) | 8,183.800 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CA: G&S: SV: Debit (USD mn) | 10,277.700 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CA: Secondary Incomes: Credit (USD mn) | 873.600 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CA: Secondary Incomes: Debit (USD mn) | 1,713.900 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CF: FA: Direct Investment (DI) (USD mn) | 6,056.900 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CF: FA: DI: Direct Investment Assets (USD mn) | 6,294.200 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CF: FA: Portfolio Investment (PI) (USD mn) | 407.400 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CF: FA: PI: Portfolio Investment Asset (PIA) (USD mn) | 3,416.100 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CF: FA: PI: Portfolio Investment Liabilities (PIL) (USD mn) | 3,008.700 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CF: FA: Financial Derivatives (FD) (USD mn) | -484.100 May 2018 | monthly | Mar 1987 - May 2018 |
BoP: CF: FA: FD: Assets (USD mn) | -4,690.900 May 2018 | monthly | Mar 1987 - May 2018 |
BoP: CF: FA: FD: Liabilities (USD mn) | -4,206.800 May 2018 | monthly | Mar 1987 - May 2018 |
BoP: CF: FA: Other Investment (OI) (USD mn) | -2,828.400 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CF: FA: OI: Other Investment Assets (OIA) (USD mn) | 4,833.400 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: CF: FA: OI: Other Investment Liabilities (OIL) (USD mn) | 7,661.800 May 2018 | monthly | Jan 1980 - May 2018 |
BoP: sa: CA: Primary Income: Credit (USD mn) | 4,939.900 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: Secondary Income: Credit (USD mn) | 799.100 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: G&S: Services (USD mn) | -1,606.800 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) | 50,327.900 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: G&S: Goods (USD mn) | 9,672.700 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: G&S: Services: Debit (USD mn) | 13,296.700 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: Secondary Income: Debit (USD mn) | 1,108.800 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) | 60,000.600 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: Secondary Income (USD mn) | -309.700 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: Primary Income: Debit (USD mn) | 4,120.200 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: G&S: Services: Credit (USD mn) | 11,689.900 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
BoP: sa: CA: Primary Income (USD mn) | 819.700 Jun 2024 | monthly | Jan 1980 - Jun 2024 |
International Investment Position: Liabilities (USD mn) | 1,536,744.900 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
International Investment Position: Net (USD mn) | 858,450.400 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
International Investment Position: Assets (USD mn) | 2,395,195.300 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
External Debt: Gross: Long Term (LT) (USD mn) | 516,321.200 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
ODI: Total Invested: Real Estate (USD mn) | 725,563.42 Jun 2018 | monthly | Dec 1980 - Jun 2018 |
Smalll Business Health Index (SBHI): Economic Outlook (EO) (Index) | 72.700 Jul 2024 | monthly | Jan 2015 - Jul 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.4 Mar 2024 | quarterly | Jun 2001 - Mar 2024 |
Household Debt: % of GDP (%) | 94.9 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
Non-Performing Loans (USD mn) | 7,466.743 Mar 2024 | quarterly | Jun 2001 - Mar 2024 |
Money Supply M1 (USD mn) | 893,371.908 Jun 2024 | monthly | Jan 1970 - Jun 2024 |
Money Supply M2 (USD mn) | 2,926,048.890 Jun 2024 | monthly | Jan 1970 - Jun 2024 |
M2 Growth (%) | 5.8 Jun 2024 | monthly | Jan 1971 - Jun 2024 |
Reserve Requirement Ratio (%) | 7.0 Aug 2024 | monthly | Nov 1979 - Aug 2024 |
Foreign Exchange Reserves (USD mn) | 389,397.8 Jul 2024 | monthly | Dec 1956 - Jul 2024 |
Foreign Exchange Reserves: % of GDP (%) | 7.000 Aug 2024 | monthly | Nov 1979 - Aug 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 7.2 Jul 2024 | monthly | Jan 1971 - Jul 2024 |
Gold Reserves (USD mn) | 4,794.759 Jul 2024 | monthly | Dec 1956 - Jul 2024 |
Total Deposits (USD mn) | 1,885,216.229 Jun 2024 | monthly | Sep 1992 - Jun 2024 |
Total Deposits Growth (%) | 5.1 Jun 2024 | monthly | Sep 1993 - Jun 2024 |
Domestic Credit (USD mn) | 3,443,552.5 Jun 2024 | monthly | Dec 2001 - Jun 2024 |
Domestic Credit Growth (%) | 6.5 Jun 2024 | monthly | Dec 2002 - Jun 2024 |
Debt Service Ratio: Households (%) | 14.100 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 23.600 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 1,731.240 Dec 2023 | quarterly | Dec 1962 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 3,838.578 Dec 2023 | quarterly | Dec 1962 - Dec 2023 |
Household Debt (USD mn) | 1,742,901.9 Mar 2023 | quarterly | Dec 2002 - Mar 2023 |
Total Loans (USD mn) | 1,698,539.247 Jun 2024 | monthly | Jan 1965 - Jun 2024 |
Total Loans Growth (%) | 6.39 Jun 2024 | monthly | Jan 1966 - Jun 2024 |
Private Debt: % of Nominal GDP (%) | 163.17 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
Money Supply: New M2: Certificate of Deposit (KRW bn) | 24,533.00 Mar 2018 | monthly | Jun 1984 - Mar 2018 |
Money Supply: New M2: sa (KRW bn) | 4,027,852.600 Jun 2024 | monthly | Jan 1970 - Jun 2024 |
Money Supply: New M1: sa (KRW bn) | 1,229,771.100 Jun 2024 | monthly | Jan 1970 - Jun 2024 |
Deposits: CSB: Households (KRW bn) | 614,344.50 Mar 2018 | monthly | Jan 1975 - Mar 2018 |
Deposits: CSB: Corporations (KRW bn) | 396,621.30 Mar 2018 | monthly | Jan 1975 - Mar 2018 |
Loans of CSBs: CH: Corporate (KRW bn) | 796,021.70 Mar 2018 | monthly | Dec 2006 - Mar 2018 |
Loans of Commercial and Specialized Banks (CSB): Total (KRW bn) | 1,525,815.40 Mar 2018 | monthly | Jan 1965 - Mar 2018 |
Loans of CSBs: CH: Household: Mortgage (KRW tn) | 882.500 Jul 2024 | monthly | Dec 2013 - Jul 2024 |
Loans of CSBs: Corporate and Household (CH) (KRW tn) | 2,425.500 Jul 2024 | monthly | Dec 2013 - Jul 2024 |
Loans of CSBs: CH: Household (KRW tn) | 1,120.800 Jul 2024 | monthly | Dec 2013 - Jul 2024 |
KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) | 12,186.500 Dec 2018 | quarterly | Jun 2001 - Dec 2018 |
More Indicators for South Korea
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