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South Korea's real GDP expanded by an average of more than 8 percent per year, [44] from US$2.7 billion in 1962 [45] to US$230 billion in 1989, [46] breaking the trillion dollar mark in the early 2000s. Nominal GDP per capita grew from $103.88 in 1962 [47] to $5,438.24 in 1989, [48] reaching the $20,000 milestone in 2006
This is a list of Asian countries by GDP per capita based on purchasing power parity. ... South Korea: 56,706: 2023 est. 9: 30
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
GDP per capita: $31,761.98. South Korea packs more than 51 million residents into just 38,502 square miles, and yet the population still grew by an estimated 0.20% in 2019. The South Korean ...
This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates. Values are given in International Dollars .
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
List of countries by past and projected GDP (nominal) per capita. ... by past and projected gross domestic product per capita, ... South Korea: 1,777: 1,951: 2,064:
GOBankingRates ranked the top global economies based on GDP per capita. Find out the results, including which nation was named the richest country in the world. The 50 Richest Countries in the World