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GDP per capita (US$) [6] 1 Ulsan: US$ 60,636 2 South Chungcheong Province: US$ 50,351 3 Seoul: US$ 43,411 4 South Jeolla Province: US$ 43,317 5 North Chungcheong Province: US$ 40,303 6 North Gyeongsang Province: US$ 37,483 – South Korea: US$ 35,190 7 Gyeonggi Province: US$ 33,973 8 Sejong: US$ 33,342 9 South Gyeongsang Province: US$ 29,750 10
The economy of South Korea is a highly developed mixed economy. [19] [20] [21] By nominal GDP, the economy was worth ₩2.61 quadrillion (US$1.87 trillion).It has the 4th largest economy in Asia and the 12th largest in the world as of 2025. [3]
Note: The figures for the dependent territories are slightly outdated (e.g. the GDP per capita figure for the Cayman Islands is from 2004), therefore they may not be easily compared with more recent figures for sovereign states. Pie chart showing member countries by share of GDP (PPP) within the Commonwealth in 2018.
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
South Korea: 1.8: 2023 ... South Africa-0.9: 2023 ... The growth of per capita income can show high variance between years for some countries. [2]
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
Asian countries by GDP (PPP) per capita in 2017. This is a list of Asian countries by GDP per capita based on purchasing power parity. All figures are given in international dollars and are the latest estimates from the International Monetary Fund. [1]
Following the Korean War, South Korea remained one of the poorest countries in the world for over a decade. Marred by poverty, malnutrition, and illiteracy, political chaos, and cultural discourse, South Korea's gross domestic product per capita in 1960 was $79, [120] lower than that of some sub-Saharan African countries.