South Korea Household Income per Capita

2003 - 2023 | Yearly | USD | CEIC Data

Key information about South Korea Household Income per Capita

  • South Korea Annual Household Income per Capita reached 19,230.954 USD in Dec 2023, compared with the previous value of 18,350.936 USD in Dec 2022.
  • South Korea Annual Household Income per Capita data is updated yearly, available from Dec 2003 to Dec 2023, with an averaged value of 14,027.328 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 2023 in the chart:

South Korea Household Income per Capita

What was South Korea's Household Income per Capita in 2023?

South Korea Annual Household Income per Capita reached 19,230.954 USD in Dec 2023, compared with the previous value of 18,350.936 USD in Dec 2022. See the table below for more data.

Last Previous Min Max Unit Frequency Range
19,230.954 2023 18,350.936 2022 7,685.194 2003 19,230.954 2023 USD yearly 2003 - 2023

Household Income per Capita by Country Comparison

country/region Last Frequency Range
Argentina (USD) 4,522.736 2023 yearly 2004 - 2023
Armenia (USD) 1,811.552 2021 yearly 1996 - 2021
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) 27,134.660 2022 yearly 1987 - 2022
France (USD) 28,072.312 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) 16,060.769 2023 yearly 2000 - 2023
Jordan (USD) 3,353.738 2016 yearly 2016 - 2016
Kazakhstan (USD) 4,026.825 2022 yearly 2000 - 2022
South Korea (USD) 19,230.954 2023 yearly 2003 - 2023
Kyrgyzstan (USD) 1,327.085 2023 yearly 1994 - 2023
Latvia (USD) 11,002.199 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) 28,977.628 2023 yearly 2007 - 2023
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) 7,487.705 2023 yearly 1992 - 2023
Serbia (USD) 3,753.131 2023 yearly 2003 - 2023
Singapore (USD) 38,976.554 2022 yearly 2000 - 2022
Slovakia (USD) 7,757.691 2019 yearly 2004 - 2019
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) 2,208.402 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) 50,902.500 2023 yearly 1984 - 2023
Uruguay (USD) 6,926.762 2020 yearly 2006 - 2020
Uzbekistan (USD) 1,705.680 2023 yearly 2000 - 2023
Vietnam (USD) 2,409.689 2022 yearly 1994 - 2022

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South Korea Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 Sep 2024 quarterly Jun 2000 - Sep 2024
Consolidated Fiscal Balance (USD mn) -1,904.263 Sep 2024 monthly Jul 1999 - Sep 2024
Tax Revenue (USD mn) 28,112.793 Oct 2024 monthly Jan 2000 - Oct 2024
Tax Revenue: % of GDP (%) 13.5 Sep 2024 quarterly Mar 2000 - Sep 2024
National Government Debt (USD mn) 873,499.9 Sep 2024 quarterly Sep 2002 - Sep 2024
Government Debt: % of GDP (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 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: Foreign (KRW bn) 10,362.000 Jun 2024 quarterly Dec 2002 - Jun 2024
Central Govt Debt (KRW bn) 1,145,896.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt: Short-Term (KRW bn) 0.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt: Medium & Long Term (KRW bn) 1,145,700.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt: Domestic (KRW bn) 1,135,534.000 Jun 2024 quarterly Dec 2002 - Jun 2024
Central Govt Debt (KRW bn) 1,148,600.000 Sep 2024 monthly Jan 2014 - Sep 2024
Public Sector Debt (KRW bn) 1,588,700.000 2022 yearly 2011 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.037 2029 yearly 1980 - 2029
Trade Balance (USD mn) 5,586.4 Nov 2024 monthly Jan 1966 - Nov 2024
Total Exports (USD mn) 56,321.2 Nov 2024 monthly Jan 1966 - Nov 2024
Total Exports Growth (%) 1.4 Nov 2024 monthly Jan 1967 - Nov 2024
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) 50,734.9 Nov 2024 monthly Jan 1966 - Nov 2024
Total Imports Growth (%) -2.4 Nov 2024 monthly Jan 1967 - Nov 2024
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) 10,379.628 Nov 2024 monthly Apr 1964 - Nov 2024
Total Imports from USA (USD mn) 5,427.656 Nov 2024 monthly Apr 1964 - Nov 2024
Total Exports to China (USD mn) 11,266.663 Nov 2024 monthly Jan 1988 - Nov 2024
Total Imports from China (USD mn) 11,445.765 Nov 2024 monthly Jan 1988 - Nov 2024
Trade Balance: First 10 days (USD mn) -855.717 Nov 2024 monthly Jan 2016 - Nov 2024
Imports: First 10 days (USD mn) 15,765.138 Nov 2024 monthly Jan 2016 - Nov 2024
Exports: First 10 days (USD mn) 14,909.421 Nov 2024 monthly Jan 2016 - Nov 2024
Imports: Middle East: Qatar (USD th) 974,279.000 Nov 2024 monthly Jan 1993 - Nov 2024
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 228,827.000 Nov 2024 monthly Jan 1981 - Nov 2024
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) 282.4 Oct 2024 monthly Jan 1980 - Oct 2024
Current Account Balance (USD mn) 7,614.6 Oct 2024 monthly Jan 1980 - Oct 2024
Current Account Balance: % of GDP (USD mn) 7,614.6 Oct 2024 monthly Jan 1980 - Oct 2024
Foreign Direct Investment (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Foreign Direct Investment: % of GDP (%) 1.2 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment (USD mn) 5,244.800 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 1.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -4,992.2 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 10,237.000 Sep 2024 quarterly Mar 1980 - Sep 2024
External Debt (USD mn) 702,682.9 Sep 2024 quarterly Dec 1994 - Sep 2024
External Debt: % of GDP (%) 36.6 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 158,725.6 Sep 2024 quarterly Dec 1994 - Sep 2024
External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1994 - 2023
Total Debt: % of GDP (%) 701.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Forecast: Current Account Balance (USD bn) 97.775 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 977,820.900 Sep 2024 quarterly Dec 1994 - Sep 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: Services (SV) (USD mn) -2,093.900 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: CA: Secondary Incomes: Credit (USD mn) 873.600 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: 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 Asset (PIA) (USD mn) 3,416.100 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: 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: CF: FA: OI: Other Investment Assets (OIA) (USD mn) 4,833.400 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: sa: CA: Primary Income: Credit (USD mn) 6,078.200 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: Secondary Income: Credit (USD mn) 905.600 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 50,604.700 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: G&S: Services: Debit (USD mn) 14,053.400 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: G&S: Goods (USD mn) 6,856.400 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 57,461.100 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: G&S: Services (USD mn) -1,966.900 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: Primary Income (USD mn) 3,016.400 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: Secondary Income: Debit (USD mn) 1,196.900 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: Primary Income: Debit (USD mn) 3,061.800 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: Secondary Income (USD mn) -291.300 Oct 2024 monthly Jan 1980 - Oct 2024
BoP: sa: CA: G&S: Services: Credit (USD mn) 12,086.500 Oct 2024 monthly Jan 1980 - Oct 2024
International Investment Position: Liabilities (USD mn) 1,535,689.700 Sep 2024 quarterly Dec 1994 - Sep 2024
International Investment Position: Net (USD mn) 977,820.900 Sep 2024 quarterly Dec 1994 - Sep 2024
International Investment Position: Assets (USD mn) 2,513,510.600 Sep 2024 quarterly Dec 1994 - Sep 2024
External Debt: Gross: Long Term (LT) (USD mn) 543,957.300 Sep 2024 quarterly Dec 1994 - Sep 2024
Outward Direct Investment: Total Invested (USD mn) 4,330.272 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) 70.800 Nov 2024 monthly Jan 2015 - Nov 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 Sep 2024 quarterly Jun 2001 - Sep 2024
Household Debt: % of GDP (%) 93.9 Jun 2024 quarterly Dec 2002 - Jun 2024
Non-Performing Loans (USD mn) 8,138.926 Sep 2024 quarterly Jun 2001 - Sep 2024
Money Supply M1 (USD mn) 943,048.428 Sep 2024 monthly Jan 1970 - Sep 2024
Money Supply M2 (USD mn) 3,106,310.174 Sep 2024 monthly Jan 1970 - Sep 2024
M2 Growth (%) 6.7 Sep 2024 monthly Jan 1971 - Sep 2024
Reserve Requirement Ratio (%) 7.0 Nov 2024 monthly Nov 1979 - Nov 2024
Foreign Exchange Reserves (USD mn) 391,672.1 Oct 2024 monthly Dec 1956 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 7.000 Nov 2024 monthly Nov 1979 - Nov 2024
Foreign Exchange Reserves: Months of Import (NA) 7.7 Nov 2024 monthly Jan 1971 - Nov 2024
Gold Reserves (USD mn) 4,794.759 Oct 2024 monthly Dec 1956 - Oct 2024
Total Deposits (USD mn) 1,989,631.086 Sep 2024 monthly Sep 1992 - Sep 2024
Total Deposits Growth (%) 5.4 Sep 2024 monthly Sep 1993 - Sep 2024
Domestic Credit (USD mn) 3,624,438.3 Sep 2024 monthly Dec 2001 - Sep 2024
Domestic Credit Growth (%) 5.3 Sep 2024 monthly Dec 2002 - Sep 2024
Debt Service Ratio: Households (%) 14.100 Dec 2023 quarterly Mar 1999 - Dec 2023
Debt Service Ratio: Private Non-Financial Sector (%) 23.600 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 1,731.240 Dec 2023 quarterly Dec 1962 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 3,838.578 Dec 2023 quarterly Dec 1962 - Dec 2023
Household Debt (USD mn) 1,742,901.9 Mar 2023 quarterly Dec 2002 - Mar 2023
Total Loans (USD mn) 1,810,289.975 Sep 2024 monthly Jan 1965 - Sep 2024
Total Loans Growth (%) 6.36 Sep 2024 monthly Jan 1966 - Sep 2024
Private Debt: % of Nominal GDP (%) 162.16 Sep 2024 quarterly Mar 1991 - Sep 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) 1,240,052.100 Sep 2024 monthly Jan 1970 - Sep 2024
Money Supply: New M2: sa (KRW bn) 4,084,611.500 Sep 2024 monthly Jan 1970 - Sep 2024
Deposits: CSB: Corporations (KRW bn) 396,621.30 Mar 2018 monthly Jan 1975 - Mar 2018
Deposits: CSB: Households (KRW bn) 614,344.50 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
Loans of CSBs: CH: Household (KRW tn) 1,139.500 Oct 2024 monthly Dec 2013 - Oct 2024
Loans of CSBs: Corporate and Household (CH) (KRW tn) 2,463.800 Oct 2024 monthly Dec 2013 - Oct 2024
Loans of CSBs: CH: Household: Mortgage (KRW tn) 900.300 Oct 2024 monthly Dec 2013 - Oct 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) -2.0 Dec 2024 monthly Feb 2004 - Dec 2024
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
BSI: Forecast: BC: Services: Wholesale and Retail Trade (NA) 65.000 Dec 2024 monthly Sep 2009 - Dec 2024
BSI: Forecast: BC: Manufacturing (NA) 66.000 Dec 2024 monthly Feb 2003 - Dec 2024
Business Survey Index: Forecast: Business Condition: All Industries (NA) 68.000 Dec 2024 monthly Feb 2003 - Dec 2024
BSI: Forecast: BC: Services: Construction (NA) 49.000 Dec 2024 monthly Sep 2009 - Dec 2024

More Indicators for South Korea

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