Menu Content
Go Top

Economy

GNI Per Capita Jumps over 10% in 2021, Surpassing $35,000 for First Time

Written: 2022-06-08 16:01:09Updated: 2022-06-08 16:42:09

GNI Per Capita Jumps over 10% in 2021, Surpassing $35,000 for First Time

Photo : YONHAP News

South Korea's gross national income(GNI) per capita jumped over ten percent on-year to surpass 35-thousand dollars for the first time in 2021.

According to data from the Bank of Korea(BOK) on Wednesday, GNI per capita stood at 35-thousand-373 dollars, up ten-point-five percent from a year earlier.

The per-capita GNI is the gross national income divided by the population. It previously peaked at 33-thousand-564 dollars in 2018 before declining slightly in 2019 and 2020.

The personal gross disposable income(PGDI) stood at 19-thousand-501 dollars, up eight-point-six percent from the previous year.

Meanwhile, the provisional real gross domestic product(GDP) last year expanded four-point-one percent, an eleven-year high since six-point-eight percent posted in 2010.

The nominal GDP, which reflects consumer price fluctuation, totaled 2-thousand-71 trillion won, up six-point-seven percent on-year.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >