HistoryData

GDP per Capita: Korea, Republic of

Korea, Republic of's gdp per capita is currently $37,523.285 as of 2026. # Korea, Republic of GDP per Capita South Korea's GDP per capita reached 37,523 USD in 2026, matching its all-time peak and representing extraordinary economic growth since 1980, when it stood at just 1,745 USD.

How to read this figure

GDP per capita measures economic output per person, not personal wealth or living standards. It can be substantially inflated where a large share of output is generated by multinational corporations or by cross-border workers who are not counted in the resident population. Ireland's figure, for example, is raised by multinational profit-shifting — its own statistics office reports a modified measure (GNI*) for this reason — and Luxembourg's by commuters who contribute to GDP but live abroad. For comparing living standards, GDP per capita at purchasing power parity (PPP) is more reliable.

Current (2026)
$37,523.285
+4.3% y/y
Peak (2026)
$37,523.285
Low (1980)
$1,744.756
Source
IMF World Economic Outlook
19802026 · 51 pts

GDP per CapitaKorea, Republic of

19802026

GDP per Capita — Korea, Republic of
1,744.756USD12,374.172USD23,003.589USD33,633.006USD44,262.422USD198019902000201020202030LowPeak
Analysis# Korea, Republic of GDP per Capita South Korea's GDP per capita reached 37,523 USD in 2026, matching its all-time peak and representing extraordinary economic growth since 1980, when it stood at just 1,745 USD. This 2,051% increase over 46 years reflects the nation's transformation from a low-income economy to a high-income advanced economy. The current figure demonstrates the sustained prosperity Korea has achieved through industrialization and technological advancement. Recent volatility reveals economic sensitivity to global conditions. Korea experienced a sharp dip in 2020 (33,653 USD) during the pandemic, followed by a strong recovery reaching 37,518 USD in 2021. The metric then fluctuated downward through 2023 before climbing back to its record level in 2026, suggesting resilience despite short-term headwinds. The upward trajectory into 2026 indicates continued economic strength moving forward.

Historical Data

51 Rows
YearValueChange %
2030$44,262.422+4.09%
2029$42,521.587+4.22%
2028$40,801.769+4.24%
2027$39,141.635+4.31%
2026$37,523.285+4.34%
2025$35,962.344-0.76%
2024$36,238.64+1.58%
2023$35,674.095+2.45%
2022$34,822.406-7.19%
2021$37,518.465+11.49%
2020$33,653.202-0.51%
2019$33,826.944-4.35%
2018$35,363.952+6.21%
2017$33,296.984+8.02%
2016$30,825.524+2.17%
2015$30,171.791-1.62%
2014$30,667.091+7.80%
2013$28,449.357+6.95%
2012$26,600.549+1.61%
2011$26,177.945+8.76%
Show all 51 rows
YearValueChange %
2010$24,069.073+20.75%
2009$19,933.009-10.58%
2008$22,291.166-11.10%
2007$25,075.287+10.97%
2006$22,596.681+12.07%
2005$20,162.881+17.86%
2004$17,107.739+12.47%
2003$15,211.145+11.54%
2002$13,637.337+13.80%
2001$11,983.382-5.77%
2000$12,716.99+15.02%
1999$11,056.713+28.98%
1998$8,572.751-33.24%
1997$12,840.576-7.39%
1996$13,864.865+6.64%
1995$13,002.046+21.18%
1994$10,729.637+16.86%
1993$9,181.481+9.47%
1992$8,386.948+6.53%
1991$7,872.91+15.56%
1990$6,812.886+13.75%
1989$5,989.211+22.51%
1988$4,888.718+33.65%
1987$3,657.733+25.66%
1986$2,910.824+14.47%
1985$2,542.884+3.00%
1984$2,468.702+9.94%
1983$2,245.56+10.51%
1982$2,032.027+5.92%
1981$1,918.418+9.95%
1980$1,744.756

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