Korea - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Korea was $1,706,860,000,000 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between $1,751,110,000,000 in 2019 and $3,142,934,000 in 1962.

Definition: 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 current U.S. dollars. 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 $3,142,934,000
1963 $3,272,993,000
1964 $3,776,250,000
1965 $3,865,404,000
1966 $4,041,134,000
1967 $4,558,594,000
1968 $5,846,263,000
1969 $7,500,444,000
1970 $8,966,378,000
1971 $10,354,740,000
1972 $11,544,770,000
1973 $14,573,220,000
1974 $19,026,520,000
1975 $23,174,960,000
1976 $28,867,970,000
1977 $35,232,840,000
1978 $47,430,930,000
1979 $63,233,600,000
1980 $71,403,740,000
1981 $78,749,280,000
1982 $80,701,730,000
1983 $86,673,860,000
1984 $94,652,660,000
1985 $101,024,000,000
1986 $117,580,000,000
1987 $147,008,000,000
1988 $190,183,000,000
1989 $228,461,000,000
1990 $276,676,000,000
1991 $327,840,000,000
1992 $363,599,000,000
1993 $398,227,000,000
1994 $450,554,000,000
1995 $532,852,000,000
1996 $606,268,000,000
1997 $622,536,000,000
1998 $478,269,000,000
1999 $486,021,000,000
2000 $518,606,000,000
2001 $566,262,000,000
2002 $612,248,000,000
2003 $660,341,000,000
2004 $778,811,000,000
2005 $892,240,000,000
2006 $1,007,510,000,000
2007 $1,141,020,000,000
2008 $1,170,240,000,000
2009 $1,086,540,000,000
2010 $1,104,400,000,000
2011 $1,177,850,000,000
2012 $1,287,990,000,000
2013 $1,360,360,000,000
2014 $1,429,110,000,000
2015 $1,465,060,000,000
2016 $1,502,010,000,000
2017 $1,556,020,000,000
2018 $1,689,210,000,000
2019 $1,751,110,000,000
2020 $1,706,860,000,000

GNI (current US$)

The latest value for GNI (current US$) in Korea was $1,650,490,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,731,790,000,000 in 2018 and $2,447,609,000 in 1961.

Definition: 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 current U.S. dollars.

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

See also:

Year Value
1960 $3,994,151,000
1961 $2,447,609,000
1962 $2,846,550,000
1963 $4,024,708,000
1964 $3,496,022,000
1965 $3,164,790,000
1966 $4,013,489,000
1967 $5,004,584,000
1968 $6,288,343,000
1969 $7,876,943,000
1970 $9,168,599,000
1971 $9,979,260,000
1972 $10,886,000,000
1973 $13,890,090,000
1974 $19,614,310,000
1975 $21,608,060,000
1976 $29,770,040,000
1977 $38,336,570,000
1978 $52,122,940,000
1979 $66,830,370,000
1980 $64,803,520,000
1981 $71,939,560,000
1982 $77,634,320,000
1983 $86,845,120,000
1984 $96,130,920,000
1985 $99,074,970,000
1986 $114,325,000,000
1987 $146,156,000,000
1988 $198,045,000,000
1989 $246,201,000,000
1990 $283,084,000,000
1991 $330,312,000,000
1992 $355,054,000,000
1993 $392,142,000,000
1994 $462,449,000,000
1995 $564,504,000,000
1996 $608,030,000,000
1997 $566,694,000,000
1998 $378,370,000,000
1999 $492,025,000,000
2000 $572,323,000,000
2001 $543,952,000,000
2002 $624,918,000,000
2003 $700,265,000,000
2004 $791,800,000,000
2005 $928,298,000,000
2006 $1,050,140,000,000
2007 $1,169,640,000,000
2008 $1,047,610,000,000
2009 $942,479,000,000
2010 $1,145,780,000,000
2011 $1,260,980,000,000
2012 $1,291,800,000,000
2013 $1,379,530,000,000
2014 $1,491,500,000,000
2015 $1,470,360,000,000
2016 $1,505,600,000,000
2017 $1,630,520,000,000
2018 $1,731,790,000,000
2019 $1,665,680,000,000
2020 $1,650,490,000,000

GNI (current LCU)

The value for GNI (current LCU) in Korea was 1,948,020,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,948,020,000,000,000 in 2020 and a minimum value of 252,130,000,000 in 1960.

Definition: 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 current local currency.

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

Year Value
1960 252,130,000,000
1961 305,440,000,000
1962 370,050,000,000
1963 523,210,000,000
1964 747,610,000,000
1965 843,100,000,000
1966 1,089,020,000,000
1967 1,353,840,000,000
1968 1,739,670,000,000
1969 2,269,820,000,000
1970 2,847,400,000,000
1971 3,464,300,000,000
1972 4,277,000,000,000
1973 5,532,700,000,000
1974 7,933,400,000,000
1975 10,458,300,000,000
1976 14,408,700,000,000
1977 18,554,900,000,000
1978 25,227,500,000,000
1979 32,345,900,000,000
1980 39,363,600,000,000
1981 48,993,000,000,000
1982 56,756,900,000,000
1983 67,370,100,000,000
1984 77,479,600,000,000
1985 86,197,200,000,000
1986 100,772,000,000,000
1987 120,224,000,000,000
1988 144,864,000,000,000
1989 165,314,000,000,000
1990 200,355,000,000,000
1991 242,235,000,000,000
1992 277,173,000,000,000
1993 314,760,000,000,000
1994 371,555,000,000,000
1995 435,385,000,000,000
1996 489,129,000,000,000
1997 539,091,000,000,000
1998 530,262,000,000,000
1999 584,929,000,000,000
2000 647,274,000,000,000
2001 702,236,000,000,000
2002 781,829,000,000,000
2003 834,443,000,000,000
2004 906,865,000,000,000
2005 950,685,000,000,000
2006 1,002,660,000,000,000
2007 1,086,900,000,000,000
2008 1,154,510,000,000,000
2009 1,203,480,000,000,000
2010 1,324,590,000,000,000
2011 1,397,530,000,000,000
2012 1,455,170,000,000,000
2013 1,510,380,000,000,000
2014 1,570,490,000,000,000
2015 1,663,210,000,000,000
2016 1,747,140,000,000,000
2017 1,843,180,000,000,000
2018 1,905,840,000,000,000
2019 1,941,110,000,000,000
2020 1,948,020,000,000,000

GNI (constant 2010 US$)

The latest value for GNI (constant 2010 US$) in Korea was 1,636,110,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 1,651,640,000,000 in 2019 and 26,007,890,000 in 1960.

Definition: 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 2010 U.S. dollars.

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

See also:

Year Value
1960 26,007,890,000
1961 27,918,800,000
1962 28,982,910,000
1963 31,495,870,000
1964 34,555,700,000
1965 37,237,700,000
1966 42,060,360,000
1967 46,380,310,000
1968 52,286,080,000
1969 59,757,770,000
1970 65,174,890,000
1971 71,123,700,000
1972 75,753,140,000
1973 86,906,710,000
1974 95,453,780,000
1975 101,563,000,000
1976 115,462,000,000
1977 129,949,000,000
1978 145,154,000,000
1979 156,894,000,000
1980 153,045,000,000
1981 163,313,000,000
1982 177,793,000,000
1983 201,298,000,000
1984 221,590,000,000
1985 236,854,000,000
1986 263,695,000,000
1987 300,491,000,000
1988 338,231,000,000
1989 364,158,000,000
1990 401,029,000,000
1991 444,247,000,000
1992 471,616,000,000
1993 504,043,000,000
1994 550,014,000,000
1995 602,114,000,000
1996 649,777,000,000
1997 688,487,000,000
1998 647,637,000,000
1999 723,674,000,000
2000 793,167,000,000
2001 831,633,000,000
2002 898,740,000,000
2003 927,261,000,000
2004 977,261,000,000
2005 1,013,870,000,000
2006 1,071,820,000,000
2007 1,134,410,000,000
2008 1,171,850,000,000
2009 1,179,040,000,000
2010 1,263,060,000,000
2011 1,315,480,000,000
2012 1,352,590,000,000
2013 1,390,030,000,000
2014 1,432,430,000,000
2015 1,470,360,000,000
2016 1,514,530,000,000
2017 1,563,070,000,000
2018 1,608,350,000,000
2019 1,651,640,000,000
2020 1,636,110,000,000

GNI (constant LCU)

The value for GNI (constant LCU) in Korea was 1,850,700,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,868,270,000,000,000 in 2019 and a minimum value of 29,419,000,000,000 in 1960.

Definition: 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 29,419,000,000,000
1961 31,580,600,000,000
1962 32,784,200,000,000
1963 35,626,800,000,000
1964 39,087,900,000,000
1965 42,121,700,000,000
1966 47,576,900,000,000
1967 52,463,400,000,000
1968 59,143,800,000,000
1969 67,595,400,000,000
1970 73,723,100,000,000
1971 80,452,100,000,000
1972 85,688,700,000,000
1973 98,305,200,000,000
1974 107,973,000,000,000
1975 114,884,000,000,000
1976 130,606,000,000,000
1977 146,993,000,000,000
1978 164,192,000,000,000
1979 177,472,000,000,000
1980 173,118,000,000,000
1981 184,733,000,000,000
1982 201,111,000,000,000
1983 227,700,000,000,000
1984 250,653,000,000,000
1985 267,919,000,000,000
1986 298,280,000,000,000
1987 339,902,000,000,000
1988 382,593,000,000,000
1989 411,920,000,000,000
1990 453,627,000,000,000
1991 502,513,000,000,000
1992 533,472,000,000,000
1993 570,152,000,000,000
1994 622,152,000,000,000
1995 681,086,000,000,000
1996 735,000,000,000,000
1997 778,788,000,000,000
1998 732,579,000,000,000
1999 818,589,000,000,000
2000 897,196,000,000,000
2001 940,708,000,000,000
2002 1,016,620,000,000,000
2003 1,048,880,000,000,000
2004 1,105,440,000,000,000
2005 1,146,840,000,000,000
2006 1,212,390,000,000,000
2007 1,283,200,000,000,000
2008 1,325,550,000,000,000
2009 1,333,680,000,000,000
2010 1,428,720,000,000,000
2011 1,488,020,000,000,000
2012 1,529,990,000,000,000
2013 1,572,340,000,000,000
2014 1,620,300,000,000,000
2015 1,663,210,000,000,000
2016 1,713,170,000,000,000
2017 1,768,070,000,000,000
2018 1,819,300,000,000,000
2019 1,868,270,000,000,000
2020 1,850,700,000,000,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Korea was 2,362,370,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,362,370,000,000 in 2020 and 357,828,000,000 in 1990.

Definition: PPP GNI (formerly PPP GNP) 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. Gross national income 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. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 357,828,000,000
1991 409,794,000,000
1992 444,976,000,000
1993 486,847,000,000
1994 542,687,000,000
1995 606,637,000,000
1996 666,598,000,000
1997 718,588,000,000
1998 684,154,000,000
1999 774,851,000,000
2000 865,644,000,000
2001 928,026,000,000
2002 1,015,660,000,000
2003 1,054,530,000,000
2004 1,141,120,000,000
2005 1,205,050,000,000
2006 1,298,420,000,000
2007 1,411,400,000,000
2008 1,469,370,000,000
2009 1,452,740,000,000
2010 1,575,030,000,000
2011 1,635,340,000,000
2012 1,702,180,000,000
2013 1,737,910,000,000
2014 1,801,280,000,000
2015 1,939,640,000,000
2016 2,034,380,000,000
2017 2,112,230,000,000
2018 2,229,390,000,000
2019 2,245,010,000,000
2020 2,362,370,000,000

GNI, PPP (constant 2011 international $)

The latest value for GNI, PPP (constant 2011 international $) in Korea was 2,210,930,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,231,920,000,000 in 2019 and 541,924,000,000 in 1990.

Definition: PPP GNI (formerly PPP GNP) 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. Gross national income 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 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 541,924,000,000
1991 600,326,000,000
1992 637,311,000,000
1993 681,131,000,000
1994 743,253,000,000
1995 813,658,000,000
1996 878,066,000,000
1997 930,377,000,000
1998 875,175,000,000
1999 977,926,000,000
2000 1,071,830,000,000
2001 1,123,820,000,000
2002 1,214,500,000,000
2003 1,253,040,000,000
2004 1,320,610,000,000
2005 1,370,070,000,000
2006 1,448,380,000,000
2007 1,532,970,000,000
2008 1,583,560,000,000
2009 1,593,280,000,000
2010 1,706,820,000,000
2011 1,777,660,000,000
2012 1,827,800,000,000
2013 1,878,400,000,000
2014 1,935,690,000,000
2015 1,986,950,000,000
2016 2,046,640,000,000
2017 2,112,230,000,000
2018 2,173,420,000,000
2019 2,231,920,000,000
2020 2,210,930,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts