The GDP per capita represents the total value of a country's economic output per person. It is calculated by dividing the nation's GDP by its population and is expressed in U.S. dollars for the most ...

In the 1960s, GDP per capita was comparable with levels in the poorest countries in the world. In 2004, South Korea's GDP surpassed one trillion dollars. Beginning in the 1960s under President ...

According to the Bank of Korea and others, the IMF estimated South Korea's per capita GDP for this year at $34,642, a decrease of 4.1% from last year, in its 'World Economic Outlook' report ...

South Korea ranked 21st, with a per capita GDP of $35,563. Japan’s ranking stayed at 22nd, the same as in 2022. According to the Cabinet Office, South Korea revised its GDP calculation standards ...

released April 22 (local time), also projected that Korea’s per capita GDP will exceed $40,000 in 2029, an adjustment that came just six months after it forecast the level would be in reach by 2027.

The GDP per capita represents the total value of a country's economic output per person. It is calculated by dividing the nation's GDP by its population and is expressed in U.S. dollars for the most ...