South Korea GDP per Capita

1953 - 2023 | Yearly | USD | The Bank of Korea

Key information about South Korea GDP Per Capita

  • South Korea Gross Domestic Product (GDP) per Capita reached 33,127.800 USD in Dec 2023, compared with 32,409.900 USD in Dec 2022.
  • South Korea GDP Per Capita data is updated yearly, available from Dec 1953 to Dec 2023, with an average number of 4,754.500 USD.
  • The data reached an all-time high of 35,127.900 USD in Dec 2021 and a record low of 64.090 in Dec 1955.


Related information about South Korea GDP Per Capita data

  • In the latest reports, South Korea GDP expanded 1.012 % YoY in Mar 2023.
  • South Korea Nominal GDP reached 429.247 USD bn in Mar 2023.
  • Its GDP deflator (implicit price deflator) increased 1.394 % in Mar 2023.
  • Gross Savings Rate of South Korea was measured at 29.857 % in Mar 2023.

View South Korea's GDP per Capita from 1953 to 2023 in the chart:

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South Korea GDP per Capita
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South Korea GDP per Capita

What was South Korea's GDP per Capita in 2023?

South Korea Gross Domestic Product (GDP) per Capita reached 33,127.800 USD in Dec 2023, compared with 32,409.900 USD in Dec 2022. See the table below for more data.

Last Previous Min Max Unit Frequency Range
33,127.800 2023 32,409.900 2022 64.090 1955 35,127.900 2021 USD yearly 1953 - 2023

GDP per Capita by Country Comparison

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country/region Last Frequency Range
Albania (USD) 6,376.075 2021 yearly 1984 - 2021
Algeria (USD) 3,630.400 2021 yearly 1963 - 2021
Argentina (USD) 13,659.387 2022 yearly 1962 - 2022
Armenia (USD) 6,572.248 2022 yearly 1994 - 2022
Australia (USD) 65,005.795 2022 yearly 1960 - 2022
Austria (USD) 53,660.663 2021 yearly 1957 - 2021
Azerbaijan (USD) 7,126.200 2023 yearly 1990 - 2023
Bahrain (USD) 26,120.615 2021 yearly 1981 - 2021
Bangladesh (USD) 2,687.000 2022 yearly 1960 - 2022
Belarus (USD) 7,489.734 2021 yearly 1995 - 2021
Belgium (USD) 49,392.667 2022 yearly 1957 - 2022
Bolivia (USD) 3,137.990 2020 yearly 1960 - 2020
Bosnia and Herzegovina (USD) 6,976.000 2022 yearly 2000 - 2022
Botswana (USD) 7,830.671 2021 yearly 1994 - 2021
Brazil (USD) 7,732.460 2021 yearly 1962 - 2021
Brunei (USD) 37,452.922 2022 yearly 1965 - 2022
Bulgaria (USD) 12,291.055 2021 yearly 1985 - 2021
Cambodia (USD) 1,765.488 2022 yearly 1993 - 2022
Canada (USD) 54,104.301 2022 yearly 1971 - 2022
Chile (USD) 15,158.291 2022 yearly 1960 - 2022
China (USD) 12,621.721 2023 yearly 1957 - 2023
Colombia (USD) 6,239.274 2021 yearly 1960 - 2021
Croatia (USD) 2,178.494 2021 yearly 1996 - 2021
Cyprus (USD) 31,114.992 2022 yearly 1995 - 2022
Czech Republic (USD) 27,566.510 2022 yearly 1990 - 2022
Denmark (USD) 67,743.599 2022 yearly 1966 - 2022
Ecuador (USD) 5,670.330 2020 yearly 1960 - 2020
Egypt (USD) 4,585.331 2022 yearly 1982 - 2022
Estonia (USD) 28,567.539 2022 yearly 1993 - 2022
European Union (USD) 38,454.191 2021 yearly 1999 - 2021
Finland (USD) 50,836.576 2022 yearly 1960 - 2022
France (USD) 43,359.790 2021 yearly 1957 - 2021
Georgia (USD) 5,023.229 2021 yearly 1993 - 2021
Germany (USD) 48,562.101 2022 yearly 1970 - 2022
Ghana (USD) 2,353.040 2022 yearly 1960 - 2022
Greece (USD) 20,192.496 2021 yearly 1960 - 2021
Hong Kong SAR, China (USD) 49,146.654 2022 yearly 1961 - 2022
Hungary (USD) 18,719.000 2021 yearly 1991 - 2021
Iceland (USD) 72,684.247 2022 yearly 1960 - 2022
India (USD) 2,301.418 2022 yearly 1958 - 2022
Indonesia (USD) 4,783.269 2022 yearly 2010 - 2022
Iran (USD) 11,556.954 2021 yearly 1960 - 2021
Ireland (USD) 85,376.592 2020 yearly 2000 - 2020
Israel (USD) 51,945.001 2023 yearly 1995 - 2023
Italy (USD) 35,643.132 2021 yearly 1957 - 2021
Ivory Coast (USD) 2,272.556 2022 yearly 1960 - 2022
Japan (USD) 33,911.210 2022 yearly 1957 - 2022
Jordan (USD) 4,142.967 2021 yearly 1957 - 2021
Kazakhstan (USD) 13,136.500 2023 yearly 1993 - 2023
Kenya (USD) 2,235.994 2021 yearly 2006 - 2021
South Korea (USD) 33,127.800 2023 yearly 1953 - 2023
Kosovo (USD) 5,305.641 2021 yearly 2000 - 2021
Kuwait (USD) 22,682.592 2020 yearly 1993 - 2020
Kyrgyzstan (USD) 1,295.430 2021 yearly 1994 - 2021
Laos (USD) 2,595.000 2021 yearly 1984 - 2021
Latvia (USD) 21,786.804 2022 yearly 1995 - 2022
Lebanon (USD) 9,300.837 2020 yearly 1997 - 2020
Lithuania (USD) 26,750.600 2022 yearly 1994 - 2022
Luxembourg (USD) 132,485.619 2021 yearly 1995 - 2021
Macau SAR, China (USD) 32,418.334 2022 yearly 1982 - 2022
North Macedonia (USD) 5,975.851 2020 yearly 1994 - 2020
Malawi (USD) 655.000 2021 yearly 1960 - 2021
Malaysia (USD) 12,471.769 2022 yearly 1957 - 2022
Malta (USD) 33,532.213 2022 yearly 2000 - 2022
Mauritius (USD) 10,134.349 2022 yearly 1976 - 2022
Mexico (USD) 10,934.885 2022 yearly 1993 - 2022
Moldova (USD) 5,235.158 2021 yearly 2010 - 2021
Mongolia (USD) 4,482.907 2021 yearly 1991 - 2021
Montenegro (USD) 9,464.241 2021 yearly 2000 - 2021
Morocco (USD) 3,934.243 2021 yearly 1960 - 2021
Mozambique (USD) 466.557 2020 yearly 1991 - 2020
Myanmar (USD) 1,318.623 2021 yearly 1985 - 2021
Nepal (USD) 1,399.011 2023 yearly 1960 - 2023
Netherlands (USD) 57,578.343 2021 yearly 1960 - 2021
New Zealand (USD) 47,056.382 2023 yearly 1961 - 2023
Nigeria (USD) 2,057.020 2021 yearly 1981 - 2021
Norway (USD) 89,114.684 2021 yearly 1915 - 2021
Oman (USD) 23,240.897 2022 yearly 1980 - 2022
Pakistan (USD) 1,551.180 2021 yearly 1960 - 2021
Palestinian Territory (USD) 3,800.000 2022 yearly 1994 - 2022
Panama (USD) 14,339.427 2016 yearly 1950 - 2016
Paraguay (USD) 5,743.267 2023 yearly 1950 - 2023
Peru (USD) 6,963.308 2022 yearly 1991 - 2022
Philippines (USD) 3,623.316 2022 yearly 1950 - 2022
Poland (USD) 18,221.636 2022 yearly 1965 - 2022
Portugal (USD) 27,830.492 2023 yearly 1960 - 2023
Qatar (USD) 65,274.725 2021 yearly 2000 - 2021
Romania (USD) 14,987.806 2021 yearly 1981 - 2021
Russia (USD) 12,593.146 2021 yearly 1992 - 2021
Saudi Arabia (USD) 34,441.065 2022 yearly 1963 - 2022
Serbia (USD) 9,520.800 2022 yearly 1995 - 2022
Singapore (USD) 84,714.000 2023 yearly 1960 - 2023
Slovakia (USD) 20,578.587 2022 yearly 1995 - 2022
Slovenia (USD) 29,458.000 2022 yearly 1980 - 2022
South Africa (USD) 6,667.325 2022 yearly 1957 - 2022
Spain (USD) 27,002.608 2020 yearly 1960 - 2020
Sri Lanka (USD) 3,833.000 2023 yearly 1959 - 2023
Sudan (USD) 2,825.832 2016 yearly 1970 - 2016
Sweden (USD) 52,838.491 2020 yearly 1957 - 2020
Switzerland (USD) 91,640.930 2021 yearly 1980 - 2021

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South Korea Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.6 Dec 2023 quarterly Jun 2000 - Dec 2023
Consolidated Fiscal Balance (USD mn) -30,900.574 Feb 2024 monthly Jul 1999 - Feb 2024
Tax Revenue (USD mn) 9,088.625 Feb 2024 monthly Jan 2000 - Feb 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: Short-Term (KRW bn) 0.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Domestic (KRW bn) 1,087,771.000 Sep 2023 quarterly Dec 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) 4,279.0 Mar 2024 monthly Jan 1966 - Mar 2024
Total Exports (USD mn) 56,563.0 Mar 2024 monthly Jan 1966 - Mar 2024
Total Exports Growth (%) 3.1 Mar 2024 monthly Jan 1967 - Mar 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) 52,284.0 Mar 2024 monthly Jan 1966 - Mar 2024
Total Imports Growth (%) -12.3 Mar 2024 monthly Jan 1967 - Mar 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) 10,911.000 Mar 2024 monthly Apr 1964 - Mar 2024
Total Imports from USA (USD mn) 5,974.000 Mar 2024 monthly Apr 1964 - Mar 2024
Total Exports to China (USD mn) 10,520.000 Mar 2024 monthly Jan 1988 - Mar 2024
Total Imports from China (USD mn) 11,396.000 Mar 2024 monthly Jan 1988 - Mar 2024
Trade Balance: First 10 days (USD mn) -1,987.404 Apr 2024 monthly Jan 2016 - Apr 2024
Imports: First 10 days (USD mn) 18,428.230 Apr 2024 monthly Jan 2016 - Apr 2024
Exports: First 10 days (USD mn) 16,440.826 Apr 2024 monthly Jan 2016 - Apr 2024
Imports: Middle East: Qatar (USD th) 1,140,352.000 Feb 2024 monthly Jan 1993 - Feb 2024
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 249,718.000 Mar 2024 monthly Jan 1981 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,304.1 Feb 2024 monthly Jan 1980 - Feb 2024
Current Account Balance (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
Current Account Balance: % of GDP (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
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 (%) 757.9 Dec 2023 quarterly Dec 2008 - Dec 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: SV: Credit (USD mn) 8,183.800 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Credit (USD mn) 873.600 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: CF: FA: Portfolio Investment (PI) (USD mn) 407.400 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: 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: CF: FA: Direct Investment (DI) (USD mn) 6,056.900 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: CF: FA: DI: Direct Investment Assets (USD mn) 6,294.200 May 2018 monthly Jan 1980 - May 2018
BoP: sa: CA: Primary Income: Credit (USD mn) 6,100.500 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income: Credit (USD mn) 802.100 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services (USD mn) -2,186.800 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services: Debit (USD mn) 13,034.100 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 57,695.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Primary Income: Debit (USD mn) 3,912.700 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income: Debit (USD mn) 1,359.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income (USD mn) -556.900 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services: Credit (USD mn) 10,847.300 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods (USD mn) 8,227.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 49,468.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Primary Income (USD mn) 2,187.800 Feb 2024 monthly Jan 1980 - Feb 2024
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
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) 72.400 Feb 2024 monthly Jan 2015 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 Dec 2023 quarterly Jun 2001 - Dec 2023
Household Debt: % of GDP (%) 103.5 Dec 2023 quarterly Dec 2002 - Dec 2023
Non-Performing Loans (USD mn) 7,165.465 Dec 2023 quarterly Jun 2001 - Dec 2023
Money Supply M1 (USD mn) 916,308.413 Jan 2024 monthly Jan 1970 - Jan 2024
Money Supply M2 (USD mn) 2,934,712.413 Jan 2024 monthly Jan 1970 - Jan 2024
M2 Growth (%) 3.8 Jan 2024 monthly Jan 1971 - Jan 2024
Reserve Requirement Ratio (%) 7.0 Mar 2024 monthly Nov 1979 - Mar 2024
Foreign Exchange Reserves (USD mn) 395,420.3 Mar 2024 monthly Dec 1956 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 7.000 Mar 2024 monthly Nov 1979 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 7.6 Mar 2024 monthly Jan 1971 - Mar 2024
Gold Reserves (USD mn) 4,794.759 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 1,873,942.617 Jan 2024 monthly Sep 1992 - Jan 2024
Total Deposits Growth (%) 3.8 Jan 2024 monthly Sep 1993 - Jan 2024
Domestic Credit (USD mn) 3,462,458.6 Feb 2024 monthly Dec 2001 - Feb 2024
Domestic Credit Growth (%) 4.9 Feb 2024 monthly Dec 2002 - Feb 2024
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) 1,704,813.020 Jan 2024 monthly Jan 1965 - Jan 2024
Total Loans Growth (%) 4.94 Jan 2024 monthly Jan 1966 - Jan 2024
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) 1,223,180.100 Jan 2024 monthly Jan 1970 - Jan 2024
Money Supply: New M2: sa (KRW bn) 3,917,547.600 Jan 2024 monthly Jan 1970 - Jan 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) 860.500 Mar 2024 monthly Dec 2013 - Mar 2024
Loans of CSBs: Corporate and Household (CH) (KRW tn) 2,371.400 Mar 2024 monthly Dec 2013 - Mar 2024
Loans of CSBs: CH: Household (KRW tn) 1,098.600 Mar 2024 monthly Dec 2013 - Mar 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

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