Adjusted net national income in South Korea
South Korea: Adjusted net national income was 1.31 trillion constant 2015 US$ in 2021. ◆ Volatile
Adjusted net national income in South Korea, 1971–2021
Source: Staff estimates, World Bank (WB). Measured in constant 2015 US$.
Analysis
South Korea recorded 1.31 trillion constant 2015 US$ for adjusted net national income in 2021. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 26.6% over ten years.
Over the whole period, adjusted net national income in South Korea peaked at 1.31 trillion constant 2015 US$ in 2021 and was at its lowest, 81.60 billion constant 2015 US$, in 1971.
That places South Korea 11th out of 151 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 118.10 billion constant 2015 US$ | 81.60 billion constant 2015 US$ | 165.34 billion constant 2015 US$ | 9 |
| 1980s | 243.41 billion constant 2015 US$ | 154.80 billion constant 2015 US$ | 367.02 billion constant 2015 US$ | 10 |
| 1990s | 542.12 billion constant 2015 US$ | 397.70 billion constant 2015 US$ | 648.26 billion constant 2015 US$ | 10 |
| 2000s | 840.49 billion constant 2015 US$ | 692.70 billion constant 2015 US$ | 946.25 billion constant 2015 US$ | 10 |
| 2010s | 1.17 trillion constant 2015 US$ | 1.02 trillion constant 2015 US$ | 1.30 trillion constant 2015 US$ | 10 |
| 2020s | 1.29 trillion constant 2015 US$ | 1.28 trillion constant 2015 US$ | 1.31 trillion constant 2015 US$ | 2 |
Countries ranked near South Korea
More economy & growth data for South Korea
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
- Taxes less subsidies on products 130.66 billion current US$ (2025)
- Net primary income (Net income from abroad) 45.76 trillion current LCU (2025)
- Net primary income (Net income from abroad) 32.17 billion current US$ (2025)
- GNI per capita 52.42 million current LCU (2025)
- GNI per capita, Atlas method 37,880 current US$ (2025)
- GNI 2,709.10 trillion current LCU (2025)
Frequently asked questions
- What is adjusted net national income in South Korea?
- Adjusted net national income in South Korea was 1.31 trillion constant 2015 US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in South Korea?
- The highest recorded value was 1.31 trillion constant 2015 US$ in 2021.
- What is the lowest adjusted net national income recorded in South Korea?
- The lowest recorded value was 81.60 billion constant 2015 US$ in 1971.
- How does South Korea rank for adjusted net national income?
- South Korea ranks 11th out of 151 countries with data for 2021.
- Is adjusted net national income rising or falling in South Korea?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.