South Korea Household Income per Capita

2003 - 2024 | Yearly | USD | CEIC Data

Key information about South Korea Household Income per Capita

  • South Korea Annual Household Income per Capita reached 19,208.928 USD in Dec 2024, compared with the previous value of 19,230.954 USD in Dec 2023.
  • South Korea Annual Household Income per Capita data is updated yearly, available from Dec 2003 to Dec 2024, with an averaged value of 14,290.376 USD.
  • The data reached an all-time high of 19,230.954 USD in Dec 2023 and a record low of 7,685.194 USD in Dec 2003.
  • In the latest reports, Retail Sales of South Korea dropped 0.473 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from quarterly Monthly Household Income multiplied by 3 and quarterly Average Household Size and converts it into USD. Statistics Korea provides Household Income in local currency and Average Household Size. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income excludes single person and farm households. Household Income per Capita prior to 2019 is based on old methodology.

View South Korea's Household Income per Capita from 2003 to 2024 in the chart:

South Korea Household Income per Capita

What was South Korea's Household Income per Capita in 2024?

South Korea Annual Household Income per Capita reached 19,208.928 USD in Dec 2024, compared with the previous value of 19,230.954 USD in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
19,208.928 2024 19,230.954 2023 7,685.194 2003 19,230.954 2023 USD yearly 2003 - 2024

Household Income per Capita by Country Comparison

country/region Last Frequency Range
Argentina (USD) 4,522.736 2023 yearly 2004 - 2023
Armenia (USD) 2,554.749 2023 yearly 1996 - 2023
Australia (USD) 30,914.027 2020 yearly 1995 - 2020
Austria (USD) 24,991.811 2021 yearly 2005 - 2021
Azerbaijan (USD) 4,509.654 2023 yearly 2000 - 2023
Bangladesh (USD) 995.873 2022 yearly 2000 - 2022
Belarus (USD) 4,686.518 2023 yearly 1995 - 2023
Belgium (USD) 22,898.237 2010 yearly 1999 - 2010
Botswana (USD) 1,564.722 2003 yearly 1994 - 2003
Brazil (USD) 4,779.705 2017 yearly 2016 - 2017
Brunei (USD) 9,871.186 2015 yearly 2005 - 2015
Bulgaria (USD) 4,842.642 2022 yearly 1999 - 2022
Cambodia (USD) 1,591.880 2021 yearly 2009 - 2021
Chile (USD) 7,633.224 2022 yearly 2012 - 2022
China (USD) 4,805.935 2013 yearly 1985 - 2013
Croatia (USD) 5,924.320 2019 yearly 2010 - 2019
Czech Republic (USD) 11,704.704 2023 yearly 2001 - 2023
Denmark (USD) 47,692.897 2023 yearly 2000 - 2023
Estonia (USD) 14,235.697 2023 yearly 2008 - 2023
Finland (USD) 28,344.783 2023 yearly 1987 - 2023
France (USD) 28,072.224 2023 yearly 1957 - 2023
Georgia (USD) 2,228.200 2023 yearly 2001 - 2023
Germany (USD) 33,631.824 2018 yearly 1998 - 2018
Hungary (USD) 10,266.736 2023 yearly 2000 - 2023
Iceland (USD) 61,901.130 2022 yearly 1990 - 2022
Ireland (USD) 40,112.159 2023 yearly 2003 - 2023
Israel (USD) 24,647.808 2022 yearly 2005 - 2022
Italy (USD) 15,321.940 2017 yearly 2011 - 2017
Japan (USD) 15,561.853 2024 yearly 2000 - 2024
Jordan (USD) 3,353.738 2016 yearly 2016 - 2016
Kazakhstan (USD) 4,783.927 2023 yearly 2000 - 2023
South Korea (USD) 19,208.928 2024 yearly 2003 - 2024
Kyrgyzstan (USD) 1,327.085 2023 yearly 1994 - 2023
Latvia (USD) 11,002.589 2023 yearly 2004 - 2023
Lithuania (USD) 10,849.706 2023 yearly 2005 - 2023
Macau SAR, China (USD) 30,968.238 2023 yearly 2003 - 2023
North Macedonia (USD) 3,179.507 2023 yearly 2002 - 2023
Malaysia (USD) 5,731.680 2022 yearly 2002 - 2022
Malta (USD) 17,454.490 2020 yearly 2005 - 2020
Mauritius (USD) 4,760.101 2023 yearly 2002 - 2023
Mexico (USD) 3,690.156 2022 yearly 2006 - 2022
Moldova (USD) 3,247.325 2023 yearly 2006 - 2023
Mongolia (USD) 2,139.143 2023 yearly 1997 - 2023
Montenegro (USD) 2,678.254 2015 yearly 2005 - 2015
Nepal (USD) 811.626 2015 yearly 2006 - 2015
Netherlands (USD) 40,722.274 2022 yearly 2000 - 2022
New Zealand (USD) 30,529.095 2024 yearly 2007 - 2024
Norway (USD) 46,675.159 2022 yearly 2005 - 2022
Oman (USD) 4,964.629 2011 yearly 2007 - 2011
Pakistan (USD) 587.069 2019 yearly 2005 - 2019
Poland (USD) 7,645.611 2023 yearly 1995 - 2023
Portugal (USD) 17,108.254 2021 yearly 1995 - 2021
Qatar (USD) 24,999.462 2013 yearly 1988 - 2013
Romania (USD) 7,531.947 2023 yearly 2001 - 2023
Russia (USD) 8,179.123 2024 yearly 1992 - 2024
Serbia (USD) 3,753.131 2023 yearly 2003 - 2023
Singapore (USD) 38,976.554 2022 yearly 2000 - 2022
Slovakia (USD) 7,721.980 2023 yearly 2004 - 2023
Slovenia (USD) 13,884.423 2023 yearly 2000 - 2023
Spain (USD) 14,807.750 2022 yearly 2007 - 2022
Sri Lanka (USD) 1,422.182 2019 yearly 1981 - 2019
Switzerland (USD) 60,075.602 2022 yearly 2006 - 2022
Taiwan (USD) 16,605.530 2023 yearly 1984 - 2023
Tajikistan (USD) 863.915 2022 yearly 1998 - 2022
Thailand (USD) 3,756.344 2023 yearly 1981 - 2023
Turkey (USD) 2,382.158 2023 yearly 2007 - 2023
Ukraine (USD) 2,470.046 2021 yearly 1999 - 2021
United Kingdom (USD) 34,805.008 2023 yearly 1996 - 2023
United States (USD) 40,722.000 2023 yearly 1984 - 2023
Uruguay (USD) 6,926.762 2020 yearly 2006 - 2020
Uzbekistan (USD) 1,705.680 2023 yearly 2000 - 2023
Vietnam (USD) 2,502.524 2023 yearly 1994 - 2023

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South Korea Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.1 Dec 2024 quarterly Jun 2000 - Dec 2024
Consolidated Fiscal Balance (USD mn) 9,321.082 Jan 2025 monthly Jul 1999 - Jan 2025
Tax Revenue (USD mn) 32,089.423 Jan 2025 monthly Jan 2000 - Jan 2025
Tax Revenue: % of GDP (%) 12.2 Dec 2024 quarterly Mar 2000 - Dec 2024
National Government Debt (USD mn) 874,032.3 Sep 2024 quarterly Sep 2002 - Sep 2024
Government Debt: % of GDP (%) 45.7 Sep 2024 quarterly Sep 2002 - Sep 2024
Forecast: Government Expenditure (KRW bn) 700,035.486 2029 yearly 1995 - 2029
Forecast: Government Net Debt (KRW bn) 1,793,717.560 2029 yearly 1990 - 2029
Forecast: Government Revenue (KRW bn) 701,179.384 2029 yearly 1995 - 2029
National Debt (ND) (KRW bn) 1,126,800.000 2023 yearly 1997 - 2023
Central Govt Debt: Domestic (KRW bn) 1,137,319.000 Sep 2024 quarterly Dec 2002 - Sep 2024
Central Govt Debt: Medium & Long Term (KRW bn) 1,148,445.000 Sep 2024 quarterly Sep 2002 - Sep 2024
Central Govt Debt: Short-Term (KRW bn) 0.000 Sep 2024 quarterly Sep 2002 - Sep 2024
Central Govt Debt: Foreign (KRW bn) 11,321.000 Sep 2024 quarterly Dec 2002 - Sep 2024
Central Govt Debt (KRW bn) 1,148,640.000 Sep 2024 quarterly Sep 2002 - Sep 2024
Central Govt Debt (KRW bn) 1,160,300.000 Nov 2024 monthly Jan 2014 - Nov 2024
Public Sector Debt (KRW bn) 1,673,300.000 2023 yearly 2011 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.037 2029 yearly 1980 - 2029
Trade Balance (USD mn) 4,151.7 Feb 2025 monthly Jan 1966 - Feb 2025
Total Exports (USD mn) 52,451.8 Feb 2025 monthly Jan 1966 - Feb 2025
Total Exports Growth (%) 0.7 Feb 2025 monthly Jan 1967 - Feb 2025
Aluminum: Exports (USD th) 3,728,290.173 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,033,252.045 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 8,582,131.205 2023 yearly 1995 - 2023
Total Imports (USD mn) 48,300.1 Feb 2025 monthly Jan 1966 - Feb 2025
Total Imports Growth (%) 0.2 Feb 2025 monthly Jan 1967 - Feb 2025
Imports: Medicament (USD th) 4,791,545.717 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 6,039,256.682 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 9,906.630 Feb 2025 monthly Apr 1964 - Feb 2025
Total Imports from USA (USD mn) 5,733.114 Feb 2025 monthly Apr 1964 - Feb 2025
Total Exports to China (USD mn) 9,511.095 Feb 2025 monthly Jan 1988 - Feb 2025
Total Imports from China (USD mn) 9,479.431 Feb 2025 monthly Jan 1988 - Feb 2025
Trade Balance: First 10 days (USD mn) -2,045.583 Mar 2025 monthly Jan 2016 - Mar 2025
Imports: First 10 days (USD mn) 15,917.919 Mar 2025 monthly Jan 2016 - Mar 2025
Exports: First 10 days (USD mn) 13,872.336 Mar 2025 monthly Jan 2016 - Mar 2025
Imports: Middle East: Qatar (USD th) 830,001.000 Feb 2025 monthly Jan 1993 - Feb 2025
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 232,978.000 Feb 2025 monthly Jan 1981 - Feb 2025
Crude Oil: Inventory (Barrel th) 41,044.000 Jan 2025 monthly Jan 2021 - Jan 2025
Export Value Index (2015=100) 122.334 2021 yearly 1980 - 2021
Import Value Index (2015=100) 140.915 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -939.1 Jan 2025 monthly Jan 1980 - Jan 2025
Current Account Balance (USD mn) 10,079.7 Jan 2025 monthly Jan 1980 - Jan 2025
Current Account Balance: % of GDP (USD mn) 10,079.7 Jan 2025 monthly Jan 1980 - Jan 2025
Foreign Direct Investment (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Foreign Direct Investment: % of GDP (%) 0.8 Dec 2024 quarterly Mar 1980 - Dec 2024
Foreign Portfolio Investment (USD mn) -4,888.900 Dec 2024 quarterly Mar 1980 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -1.0 Dec 2024 quarterly Mar 1980 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -9,913.5 Dec 2024 quarterly Mar 1980 - Dec 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 5,024.600 Dec 2024 quarterly Mar 1980 - Dec 2024
External Debt (USD mn) 670,025.3 Dec 2024 quarterly Dec 1994 - Dec 2024
External Debt: % of GDP (%) 35.8 2024 yearly 1994 - 2024
External Debt: Short Term (USD mn) 146,852.7 Dec 2024 quarterly Dec 1994 - Dec 2024
External Debt: Short Term: % of GDP (%) 7.9 2024 yearly 1994 - 2024
Total Debt: % of GDP (%) 703.3 Sep 2024 quarterly Dec 2008 - Sep 2024
Forecast: Current Account Balance (USD bn) 97.775 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 1,102,264.500 Dec 2024 quarterly Dec 1994 - Dec 2024
BoP: CA: G&S: Goods: Exports fob (USD mn) 53,778.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: Goods: Imports fob (USD mn) 42,392.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: SV: Credit (USD mn) 8,183.800 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: SV: Debit (USD mn) 10,277.700 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Direct Investment (DI) (USD mn) 6,056.900 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: DI: Direct Investment Assets (USD mn) 6,294.200 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Portfolio Investment (PI) (USD mn) 407.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: PI: Portfolio Investment Liabilities (PIL) (USD mn) 3,008.700 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Financial Derivatives (FD) (USD mn) -484.100 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: FD: Assets (USD mn) -4,690.900 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: OI: Other Investment Assets (OIA) (USD mn) 4,833.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: PI: Portfolio Investment Asset (PIA) (USD mn) 3,416.100 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: OI: Other Investment Liabilities (OIL) (USD mn) 7,661.800 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: FD: Liabilities (USD mn) -4,206.800 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: Other Investment (OI) (USD mn) -2,828.400 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Credit (USD mn) 873.600 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: Services (SV) (USD mn) -2,093.900 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Debit (USD mn) 1,713.900 May 2018 monthly Jan 1980 - May 2018
BoP: sa: CA: Primary Income: Credit (USD mn) 6,649.200 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: Secondary Income: Credit (USD mn) 800.400 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: G&S: Goods (USD mn) 8,079.600 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: Primary Income: Debit (USD mn) 3,674.500 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: Secondary Income (USD mn) -134.000 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: G&S: Services: Credit (USD mn) 12,287.900 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 47,700.400 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: Primary Income (USD mn) 2,974.700 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 55,780.000 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: G&S: Services (USD mn) -840.600 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: Secondary Income: Debit (USD mn) 934.400 Jan 2025 monthly Jan 1980 - Jan 2025
BoP: sa: CA: G&S: Services: Debit (USD mn) 13,128.500 Jan 2025 monthly Jan 1980 - Jan 2025
International Investment Position: Liabilities (USD mn) 1,395,771.500 Dec 2024 quarterly Dec 1994 - Dec 2024
International Investment Position: Net (USD mn) 1,102,264.500 Dec 2024 quarterly Dec 1994 - Dec 2024
International Investment Position: Assets (USD mn) 2,498,036.000 Dec 2024 quarterly Dec 1994 - Dec 2024
External Debt: Gross: Long Term (LT) (USD mn) 523,172.600 Dec 2024 quarterly Dec 1994 - Dec 2024
Outward Direct Investment: Total Invested (USD mn) 4,330.272 Sep 2024 monthly Jan 1981 - Sep 2024
ODI: Total Invested: Manufacturing (USD mn) 1,117.959 Sep 2024 monthly Jan 1981 - Sep 2024
ODI: Total Invested: Wholesale and Retail sales (USD mn) 134.114 Sep 2024 monthly Jan 1981 - Sep 2024
ODI: Total Invested: Mining (USD mn) 326.252 Sep 2024 monthly Jan 1981 - Sep 2024
ODI: Total Invested: Financing and Insurance (USD mn) 0.743 Sep 2024 monthly Jan 1981 - Sep 2024
ODI: Total Invested: Real Estate (USD mn) 725,563.42 Jun 2018 monthly Dec 1980 - Jun 2018
Smalll Business Health Index (SBHI): Economic Outlook (EO) (Index) 64.400 Jan 2025 monthly Jan 2015 - Jan 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 Dec 2024 quarterly Jun 2001 - Dec 2024
Household Debt: % of GDP (%) 93.7 Sep 2024 quarterly Dec 2002 - Sep 2024
Non-Performing Loans (USD mn) 7,406.791 Dec 2024 quarterly Jun 2001 - Dec 2024
Money Supply M1 (USD mn) 871,830.146 Dec 2024 monthly Jan 1970 - Dec 2024
Money Supply M2 (USD mn) 2,812,875.983 Dec 2024 monthly Jan 1970 - Dec 2024
M2 Growth (%) 6.7 Dec 2024 monthly Jan 1971 - Dec 2024
Reserve Requirement Ratio (%) 7.0 Feb 2025 monthly Nov 1979 - Feb 2025
Foreign Exchange Reserves (USD mn) 387,316.3 Jan 2025 monthly Dec 1956 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 7.000 Feb 2025 monthly Nov 1979 - Feb 2025
Foreign Exchange Reserves: Months of Import (NA) 8.0 Feb 2025 monthly Jan 1971 - Feb 2025
Gold Reserves (USD mn) 4,794.759 Jan 2025 monthly Dec 1956 - Jan 2025
Total Deposits (USD mn) 1,802,817.858 Dec 2024 monthly Sep 1992 - Dec 2024
Total Deposits Growth (%) 5.3 Dec 2024 monthly Sep 1993 - Dec 2024
Domestic Credit (USD mn) 3,277,299.3 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) 5.7 Dec 2024 monthly Dec 2002 - Dec 2024
Debt Service Ratio: Households (%) 11.000 Sep 2024 quarterly Mar 1999 - Sep 2024
Debt Service Ratio: Private Non-Financial Sector (%) 20.300 Sep 2024 quarterly Mar 1999 - Sep 2024
Credit to Households (USD bn) 1,740.233 Sep 2024 quarterly Dec 1962 - Sep 2024
Credit to Private Non-Financial Sector (USD bn) 3,872.319 Sep 2024 quarterly Dec 1962 - Sep 2024
Household Debt (USD mn) 1,742,901.9 Mar 2023 quarterly Dec 2002 - Mar 2023
Total Loans (USD mn) 1,616,524.096 Dec 2024 monthly Jan 1965 - Dec 2024
Total Loans Growth (%) 5.41 Dec 2024 monthly Jan 1966 - Dec 2024
Private Debt: % of Nominal GDP (%) 161.34 Dec 2024 quarterly Mar 1991 - Dec 2024
Money Supply: New M2: Certificate of Deposit (KRW bn) 24,533.00 Mar 2018 monthly Jun 1984 - Mar 2018
Money Supply: New M1: sa (KRW bn) 1,288,442.900 Dec 2024 monthly Jan 1970 - Dec 2024
Money Supply: New M2: sa (KRW bn) 4,157,036.900 Dec 2024 monthly Jan 1970 - Dec 2024
Deposits: CSB: Households (KRW bn) 614,344.50 Mar 2018 monthly Jan 1975 - Mar 2018
Deposits: CSB: Corporations (KRW bn) 396,621.30 Mar 2018 monthly Jan 1975 - Mar 2018
Loans of CSBs: CH: Corporate (KRW bn) 796,021.70 Mar 2018 monthly Dec 2006 - Mar 2018
Loans of Commercial and Specialized Banks (CSB): Total (KRW bn) 1,525,815.40 Mar 2018 monthly Jan 1965 - Mar 2018
Deposits: Total: YoY (% bn) 5.300 Dec 2024 monthly Sep 1993 - Dec 2024
Deposits: Total: MoM (% bn) 0.800 Dec 2024 monthly Oct 1992 - Dec 2024
Loans of CSBs: CH: Household: Mortgage (KRW tn) 907.700 Feb 2025 monthly Dec 2013 - Feb 2025
Loans of CSBs: Corporate and Household (CH) (KRW tn) 2,470.100 Feb 2025 monthly Dec 2013 - Feb 2025
Loans of CSBs: CH: Household (KRW tn) 1,143.700 Feb 2025 monthly Dec 2013 - Feb 2025
Loans of Commercial & Specialized Banks (CSB): YoY (% bn) 5.400 Dec 2024 monthly Jan 1965 - Dec 2024
Loans of Commercial & Specialized Banks (CSB): MoM (% bn) -0.400 Dec 2024 monthly Jan 1965 - Dec 2024
KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) 12,186.500 Dec 2018 quarterly Jun 2001 - Dec 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -6.0 Mar 2025 monthly Feb 2004 - Mar 2025
Busniess Survey Index: Forecast: Manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
Business Survey Index: Forecast: Non-manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
BSI: Forecast: BC: Services (NA) 81.000 Jul 2018 monthly Sep 2009 - Jul 2018
Business Survey Index: Actual: Manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018
Business Survey Index: Actual: Non-manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018
Business Survey Index: Forecast: Business Condition: All Industries (NA) 66.000 Mar 2025 monthly Feb 2003 - Mar 2025
BSI: Forecast: BC: Services: Wholesale and Retail Trade (NA) 65.000 Mar 2025 monthly Sep 2009 - Mar 2025
BSI: Forecast: BC: Manufacturing (NA) 69.000 Mar 2025 monthly Feb 2003 - Mar 2025
BSI: Forecast: BC: Services: Construction (NA) 43.000 Mar 2025 monthly Sep 2009 - Mar 2025

More Indicators for South Korea

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