South Korea Household Income per Capita

2003 - 2023 | Yearly | USD | CEIC Data

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:

South Korea Household Income per Capita

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

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Includes Household Income per Capita on 72 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Argentina (USD) 4,354.647 2022 yearly 2004 - 2022
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) 4,002.923 2022 yearly 2000 - 2022
Bangladesh (USD) 995.873 2022 yearly 2000 - 2022
Belarus (USD) 4,693.348 2022 yearly 1995 - 2022
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) 7,871.269 2017 yearly 2012 - 2017
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) 25,335.521 2022 yearly 1957 - 2022
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) 34,666.308 2022 yearly 2003 - 2022
Israel (USD) 23,048.844 2021 yearly 2005 - 2021
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) 1,133.911 2022 yearly 1994 - 2022
Latvia (USD) 9,337.021 2022 yearly 2004 - 2022
Lithuania (USD) 9,476.455 2022 yearly 2005 - 2022
Macau SAR, China (USD) 27,192.015 2018 yearly 2003 - 2018
North Macedonia (USD) 2,624.607 2022 yearly 2002 - 2022
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) 2,700.446 2022 yearly 2006 - 2022
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) 6,056.291 2022 yearly 1995 - 2022
Portugal (USD) 17,108.254 2021 yearly 1995 - 2021
Qatar (USD) 24,999.462 2013 yearly 1988 - 2013
Romania (USD) 6,591.522 2022 yearly 2001 - 2022
Russia (USD) 7,082.736 2023 yearly 1992 - 2023
Serbia (USD) 3,122.740 2022 yearly 2003 - 2022
Singapore (USD) 38,976.554 2022 yearly 2000 - 2022
Slovakia (USD) 7,757.691 2019 yearly 2004 - 2019
Slovenia (USD) 12,997.069 2021 yearly 2000 - 2021
Spain (USD) 15,385.010 2021 yearly 2007 - 2021
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 1983 - 2022
Tajikistan (USD) 725.983 2021 yearly 1998 - 2021
Thailand (USD) 3,728.753 2021 yearly 1981 - 2021
Turkey (USD) 1,847.728 2022 yearly 2007 - 2022
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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South Korea Key Series

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Includes 481 key indicators for South Korea, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.0 Sep 2023 quarterly Jun 2000 - Sep 2023
Consolidated Fiscal Balance (USD mn) -6,888.333 Nov 2023 monthly Jul 1999 - Nov 2023
Tax Revenue (USD mn) 34,617.685 Jan 2024 monthly Jan 2000 - Jan 2024
Tax Revenue: % of GDP (%) 22.7 Dec 2023 quarterly Mar 2000 - Dec 2023
National Government Debt (USD mn) 815,782.8 Sep 2023 quarterly Sep 2002 - Sep 2023
Government Debt: % of GDP (%) 49.9 Sep 2023 quarterly Sep 2002 - Sep 2023
Forecast: Government Expenditure (KRW bn) 679,848.650 2028 yearly 1995 - 2028
Forecast: Government Net Debt (KRW bn) 1,606,994.340 2028 yearly 1990 - 2028
Forecast: Government Revenue (KRW bn) 679,687.380 2028 yearly 1995 - 2028
National Debt (ND) (KRW bn) 1,067,700.000 2022 yearly 1997 - 2022
Central Govt Debt (KRW bn) 1,099,561.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Foreign (KRW bn) 11,791.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Central Govt Debt: Domestic (KRW bn) 1,087,771.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Central Govt Debt: Short-Term (KRW bn) 0.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Medium & Long Term (KRW bn) 1,099,507.000 Sep 2023 quarterly Sep 2002 - Sep 2023
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) 4,291.0 Feb 2024 monthly Jan 1966 - Feb 2024
Total Exports (USD mn) 52,405.0 Feb 2024 monthly Jan 1966 - Feb 2024
Total Exports Growth (%) 4.8 Feb 2024 monthly Jan 1967 - Feb 2024
Aluminum: Exports (USD th) 4,568,165.809 2022 yearly 1995 - 2022
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) 48,114.0 Feb 2024 monthly Jan 1966 - Feb 2024
Total Imports Growth (%) -13.1 Feb 2024 monthly Jan 1967 - Feb 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) 9,805.806 Feb 2024 monthly Apr 1964 - Feb 2024
Total Imports from USA (USD mn) 5,598.926 Feb 2024 monthly Apr 1964 - Feb 2024
Total Exports to China (USD mn) 9,653.373 Feb 2024 monthly Jan 1988 - Feb 2024
Total Imports from China (USD mn) 9,410.055 Feb 2024 monthly Jan 1988 - Feb 2024
Trade Balance: First 10 days (USD mn) -2,000.842 Feb 2024 monthly Jan 2016 - Feb 2024
Imports: First 10 days (USD mn) 17,011.943 Feb 2024 monthly Jan 2016 - Feb 2024
Exports: First 10 days (USD mn) 15,011.101 Feb 2024 monthly Jan 2016 - Feb 2024
Imports: Middle East: Qatar (USD th) 1,194,807.000 Jan 2024 monthly Jan 1993 - Jan 2024
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 198,653.000 Feb 2024 monthly Jan 1981 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 5,830.3 Dec 2023 monthly Jan 1980 - Dec 2023
Current Account Balance (USD mn) 5,518.8 Dec 2023 monthly Jan 1980 - Dec 2023
Current Account Balance: % of GDP (USD mn) 5,518.8 Dec 2023 monthly Jan 1980 - Dec 2023
Foreign Direct Investment (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Foreign Direct Investment: % of GDP (%) 1.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment (USD mn) 7,450.600 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.7 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 3,253.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 4,197.400 Dec 2023 quarterly Mar 1980 - Dec 2023
External Debt (USD mn) 663,631.1 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: % of GDP (%) 38.8 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 136,202.8 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: Short Term: % of GDP (%) 8.0 2023 yearly 1994 - 2023
Total Debt: % of GDP (%) 760.2 Sep 2023 quarterly Dec 2008 - Sep 2023
Forecast: Current Account Balance (USD bn) 66.020 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 779,876.500 Dec 2023 quarterly Dec 1994 - Dec 2023
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) 4,060.200 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: Secondary Income: Credit (USD mn) 803.100 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 48,752.500 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: G&S: Services: Debit (USD mn) 12,163.700 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: G&S: Goods (USD mn) 6,780.300 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: G&S: Services (USD mn) -1,461.000 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: Primary Income (USD mn) 448.300 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 55,532.800 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: Secondary Income: Debit (USD mn) 1,051.900 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: Secondary Income (USD mn) -248.800 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: Primary Income: Debit (USD mn) 3,611.900 Dec 2023 monthly Jan 1980 - Dec 2023
BoP: sa: CA: G&S: Services: Credit (USD mn) 10,702.700 Dec 2023 monthly Jan 1980 - Dec 2023
International Investment Position: Liabilities (USD mn) 1,507,236.500 Dec 2023 quarterly Dec 1994 - Dec 2023
International Investment Position: Net (USD mn) 779,876.500 Dec 2023 quarterly Dec 1994 - Dec 2023
International Investment Position: Assets (USD mn) 2,287,113.000 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: Gross: Long Term (LT) (USD mn) 527,428.300 Dec 2023 quarterly Dec 1994 - Dec 2023
Outward Direct Investment: Total Invested: Hong Kong (USD mn) 38.467 Sep 2023 monthly Jan 1981 - Sep 2023
Outward Direct Investment: Total Invested: Indonesia (USD mn) 30.685 Sep 2023 monthly Jan 1981 - Sep 2023
Outward Direct Investment: Total Invested: Vietnam (USD mn) 212.670 Sep 2023 monthly Jan 1981 - Sep 2023
Outward Direct Investment: Total Invested: USA (USD mn) 2,673.980 Sep 2023 monthly Jan 1981 - Sep 2023
Outward Direct Investment: Total Invested (USD mn) 4,822.252 Sep 2023 monthly Jan 1981 - Sep 2023
Outward Direct Investment: Total Invested: China (USD mn) 47.555 Sep 2023 monthly Jan 1981 - Sep 2023
ODI: Total Invested: Mining (USD mn) 213.539 Sep 2023 monthly Jan 1981 - Sep 2023
ODI: Total Invested: Manufacturing (USD mn) 1,449.129 Sep 2023 monthly Jan 1981 - Sep 2023
ODI: Total Invested: Financing and Insurance (USD mn) 2,418.296 Sep 2023 monthly Feb 1981 - Sep 2023
ODI: Total Invested: Wholesale and Retail sales (USD mn) 74.416 Sep 2023 monthly Jan 1981 - Sep 2023
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) 72.600 Jan 2024 monthly Jan 2015 - Jan 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Sep 2023 quarterly Jun 2001 - Sep 2023
Household Debt: % of GDP (%) 104.5 Sep 2023 quarterly Dec 2002 - Sep 2023
Non-Performing Loans (USD mn) 6,510.097 Sep 2023 quarterly Jun 2001 - Sep 2023
Money Supply M1 (USD mn) 951,956.436 Dec 2023 monthly Jan 1970 - Dec 2023
Money Supply M2 (USD mn) 3,018,487.881 Dec 2023 monthly Jan 1970 - Dec 2023
M2 Growth (%) 3.9 Dec 2023 monthly Jan 1971 - Dec 2023
Reserve Requirement Ratio (%) 7.0 Jan 2024 monthly Nov 1979 - Jan 2024
Foreign Exchange Reserves (USD mn) 391,467.1 Jan 2024 monthly Dec 1956 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 7.000 Jan 2024 monthly Nov 1979 - Jan 2024
Foreign Exchange Reserves: Months of Import (NA) 7.2 Jan 2024 monthly Jan 1971 - Jan 2024
Gold Reserves (USD mn) 4,794.759 Jan 2024 monthly Dec 1956 - Jan 2024
Total Deposits (USD mn) 1,960,706.213 Dec 2023 monthly Sep 1992 - Dec 2023
Total Deposits Growth (%) 2.5 Dec 2023 monthly Sep 1993 - Dec 2023
Domestic Credit (USD mn) 3,548,400.7 Dec 2023 monthly Dec 2001 - Dec 2023
Domestic Credit Growth (%) 5.1 Dec 2023 monthly Dec 2002 - Dec 2023
Debt Service Ratio: Households (%) 14.200 Sep 2023 quarterly Mar 1999 - Sep 2023
Debt Service Ratio: Private Non-Financial Sector (%) 23.800 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 1,663.027 Sep 2023 quarterly Dec 1962 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 3,695.718 Sep 2023 quarterly Dec 1962 - Sep 2023
Household Debt (USD mn) 1,742,901.9 Mar 2023 quarterly Dec 2002 - Mar 2023
Total Loans (USD mn) 1,755,632.431 Dec 2023 monthly Jan 1965 - Dec 2023
Total Loans Growth (%) 4.65 Dec 2023 monthly Jan 1966 - Dec 2023
Private Debt: % of Nominal GDP (%) 176.79 Dec 2023 quarterly Mar 1991 - Dec 2023
Money Supply: New M2: Certificate of Deposit (KRW bn) 24,533.00 Mar 2018 monthly Jun 1984 - Mar 2018
Money Supply: New M1: sa (KRW bn) 1,228,947.200 Dec 2023 monthly Jan 1970 - Dec 2023
Money Supply: New M2: sa (KRW bn) 3,896,777.300 Dec 2023 monthly Jan 1970 - Dec 2023
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 (KRW bn) 1,098,354.300 Jan 2024 monthly Dec 2013 - Jan 2024
Loans of CSBs: CH: Household: Mortgage (KRW bn) 855,289.000 Jan 2024 monthly Dec 2013 - Jan 2024
Loans of CSBs: Corporate and Household (CH) (KRW bn) 2,352,781.500 Jan 2024 monthly Dec 2013 - Jan 2024
KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) 12,186.500 Dec 2018 quarterly Jun 2001 - Dec 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 9.0 Mar 2024 monthly Feb 2004 - Mar 2024
Busniess Survey Index: Forecast: Manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
Business Survey Index: Forecast: Non-manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
BSI: Forecast: BC: Services (NA) 81.000 Jul 2018 monthly Sep 2009 - Jul 2018
Business Survey Index: Actual: Manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018
Business Survey Index: Actual: Non-manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018
BSI: Forecast: BC: Manufacturing (NA) 75.000 Mar 2024 monthly Feb 2003 - Mar 2024
Business Survey Index: Forecast: Business Condition: All Industries (NA) 72.000 Mar 2024 monthly Feb 2003 - Mar 2024
BSI: Forecast: BC: Services: Wholesale and Retail Trade (NA) 71.000 Mar 2024 monthly Sep 2009 - Mar 2024
BSI: Forecast: BC: Services: Construction (NA) 51.000 Mar 2024 monthly Sep 2009 - Mar 2024

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