Korea - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Korea was 19,890.00 as of 2010. Over the past 48 years, the value for this indicator has fluctuated between 21,580.00 in 2008 and 110.00 in 1962.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 110.00
1963 120.00
1964 130.00
1965 130.00
1966 130.00
1967 140.00
1968 180.00
1969 230.00
1970 270.00
1971 310.00
1972 340.00
1973 410.00
1974 530.00
1975 630.00
1976 770.00
1977 930.00
1978 1,240.00
1979 1,620.00
1980 1,810.00
1981 1,960.00
1982 1,960.00
1983 2,050.00
1984 2,190.00
1985 2,330.00
1986 2,700.00
1987 3,320.00
1988 4,230.00
1989 5,040.00
1990 6,000.00
1991 6,980.00
1992 7,700.00
1993 8,330.00
1994 9,270.00
1995 10,770.00
1996 12,070.00
1997 12,190.00
1998 9,200.00
1999 9,220.00
2000 9,910.00
2001 10,890.00
2002 11,830.00
2003 12,680.00
2004 14,830.00
2005 16,900.00
2006 18,950.00
2007 21,200.00
2008 21,580.00
2009 19,830.00
2010 19,890.00

GNI per capita (constant 2000 US$)

The latest value for GNI per capita (constant 2000 US$) in Korea was 16,199 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between 16,199 in 2010 and 1,127 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2000 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 1,127
1961 1,152
1962 1,155
1963 1,229
1964 1,290
1965 1,339
1966 1,495
1967 1,561
1968 1,704
1969 1,910
1970 1,948
1971 2,083
1972 2,141
1973 2,356
1974 2,473
1975 2,594
1976 2,815
1977 3,048
1978 3,269
1979 3,451
1980 3,379
1981 3,557
1982 3,756
1983 4,086
1984 4,374
1985 4,638
1986 5,074
1987 5,537
1988 6,026
1989 6,339
1990 6,829
1991 7,408
1992 7,774
1993 8,180
1994 8,804
1995 9,485
1996 10,056
1997 10,443
1998 9,776
1999 10,568
2000 11,289
2001 11,617
2002 12,341
2003 12,621
2004 13,127
2005 13,672
2006 14,298
2007 14,974
2008 15,190
2009 15,237
2010 16,199

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Korea was 6.31 as of 2010. As the graph below shows, over the past 49 years this indicator reached a maximum value of 12.12 in 1969 and a minimum value of -6.38 in 1998.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 2.27
1962 0.19
1963 6.41
1964 4.98
1965 3.82
1966 11.64
1967 4.40
1968 9.16
1969 12.12
1970 1.98
1971 6.91
1972 2.78
1973 10.07
1974 4.98
1975 4.88
1976 8.53
1977 8.27
1978 7.23
1979 5.58
1980 -2.10
1981 5.28
1982 5.60
1983 8.78
1984 7.06
1985 6.03
1986 9.39
1987 9.13
1988 8.85
1989 5.18
1990 7.74
1991 8.48
1992 4.93
1993 5.23
1994 7.63
1995 7.73
1996 6.03
1997 3.85
1998 -6.38
1999 8.10
2000 6.82
2001 2.91
2002 6.23
2003 2.27
2004 4.01
2005 4.15
2006 4.58
2007 4.73
2008 1.45
2009 0.31
2010 6.31

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Korea was 21,316,400 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 21,316,400 in 2010 and a minimum value of 1,482,925 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,482,925
1961 1,516,562
1962 1,519,489
1963 1,616,844
1964 1,697,349
1965 1,762,219
1966 1,967,333
1967 2,053,950
1968 2,242,185
1969 2,513,908
1970 2,563,600
1971 2,740,687
1972 2,816,886
1973 3,100,500
1974 3,254,804
1975 3,413,516
1976 3,704,701
1977 4,011,265
1978 4,301,389
1979 4,541,251
1980 4,446,016
1981 4,680,784
1982 4,942,685
1983 5,376,574
1984 5,756,156
1985 6,103,004
1986 6,676,357
1987 7,285,607
1988 7,930,231
1989 8,341,120
1990 8,986,674
1991 9,748,772
1992 10,229,210
1993 10,764,570
1994 11,585,680
1995 12,480,900
1996 13,232,890
1997 13,741,720
1998 12,864,370
1999 13,906,750
2000 14,854,980
2001 15,287,150
2002 16,239,670
2003 16,608,380
2004 17,273,760
2005 17,991,080
2006 18,814,380
2007 19,704,110
2008 19,988,900
2009 20,050,690
2010 21,316,400

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Korea was 29,110 as of 2010. Over the past 30 years, the value for this indicator has fluctuated between 29,110 in 2010 and 2,340 in 1980.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 2,340
1981 2,670
1982 3,010
1983 3,470
1984 3,900
1985 4,260
1986 4,840
1987 5,580
1988 6,420
1989 7,080
1990 7,950
1991 8,960
1992 9,600
1993 10,310
1994 11,330
1995 12,420
1996 13,430
1997 14,250
1998 13,290
1999 14,870
2000 17,110
2001 18,110
2002 19,670
2003 20,200
2004 21,690
2005 22,760
2006 24,320
2007 26,230
2008 27,080
2009 27,290
2010 29,110

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts