International Monetary Fund · Economy

Korea, Republic of: GDP per capita, current prices, Purchasing power parity; international dollars per capita (IMF)

87,745current international USD · 2031+69.0% since 2021

Gross domestic product (GDP) is the most commonly used single measure of a country's overall economic activity. Per capita GDP represents the total value in PPP terms of final goods and services produced within a country during a specified time period divided by the average population for the same one year. Purchasing Power Parity (PPP) is a theory which relates changes in the nominal exchange rate between two countries currencies to changes in the countries' price levels. More information on PPP methodology can be found on the World Economic Outlook FAQ - <a href="https://data.imf.org/en/Datasets/WEO/Frequently-Asked-Questions" target="new">click here</a> Annual figures for Korea, Republic of from 1980 to 2031.