Personal real income per capita South Korea 2011-2022

Published by L. Yoon, Sep 18, 2023
In 2022, South Korea's per capita disposable income amounted to around 21.82 million South Korean won, up from about 21.47 million South Korean won in the previous year. Per capita net disposable income in South Korea has risen steadily in recent years.

Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won)

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Release date

June 2023

Region

South Korea

Survey time period

2011 to 2022

Supplementary notes

In order to calculate the per capita net disposable income, the base year (2020=100) was considered for the price index, and the following formula was applied:
Per capita net disposable income = {(Personal primary income) + (Current transfer income) - (Current transfer payments)} / (Total population)

1,000 South Korean won equals 0.76 U.S. dollars or 0.70 euros as of September 2023.

Figures have been rounded.

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