The Gross Domestic Product per capita in South Korea was last recorded at 42661.20 US dollars in 2019, when adjusted by purchasing power parity (PPP). The GDP per Capita, in South Korea, when adjusted by Purchasing Power Parity is equivalent to 240 percent of the world's average.

GDP per capita PPP in South Korea averaged 27945.99 USD from 1990 until 2019, reaching an all time high of 42661.20 USD in 2019 and a record low of 12669.90 USD in 1990. This page provides the latest reported value for - South Korea GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea GDP per capita PPP - values, historical data and charts - was last updated on July of 2020. source: World Bank

GDP per capita PPP in South Korea is expected to reach 40200.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea GDP per capita PPP is projected to trend around 41400.00 USD in 2021 and 42500.00 USD in 2022, according to our econometric models.

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South Korea GDP per capita PPP

Actual Previous Highest Lowest Dates Unit Frequency
42661.20 41894.10 42661.20 12669.90 1990 - 2019 USD Yearly
Constant 2017 International Dollars

South Korea GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.30 1.30 7.80 -7.00 percent [+]
GDP Annual Growth Rate 1.40 2.30 20.80 -7.30 percent [+]
GDP 1642.38 1720.58 1720.58 2.42 USD Billion [+]
GDP Constant Prices 462805.50 468814.30 468814.30 6626.29 KRW Billion [+]
Gross National Product 437974.60 477883.70 477883.70 7259.71 KRW Billion [+]
Gross Fixed Capital Formation 136891.30 134629.40 143486.50 359.12 KRW Billion [+]
GDP per capita 28605.70 28091.40 28605.70 932.00 USD [+]
GDP per capita PPP 42661.20 41894.10 42661.20 12669.90 USD [+]
GDP From Agriculture 8423.20 8119.20 8635.10 1627.32 KRW Billion [+]
GDP From Construction 22365.00 22159.70 23837.40 279.27 KRW Billion [+]
GDP From Manufacturing 123745.40 125987.10 125987.10 297.74 KRW Billion [+]
GDP From Mining 559.30 498.70 895.20 178.51 KRW Billion [+]
GDP From Public Administration 27295.60 27110.10 27295.60 1673.48 KRW Billion [+]
GDP From Services 255204.60 260084.80 260084.80 4114.30 KRW Billion [+]
GDP From Transport 13684.00 15648.60 15770.30 113.95 KRW Billion [+]
GDP From Utilities 12227.90 11528.80 12845.80 10.30 KRW Billion [+]


South Korea GDP per capita PPP
The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population.