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)
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.
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Statistics Korea. (March 29, 2024). Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/873420/south-korea-per-capita-net-disposable-income/
Statistics Korea. "Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won)." Chart. March 29, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/873420/south-korea-per-capita-net-disposable-income/
Statistics Korea. (2024). Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/873420/south-korea-per-capita-net-disposable-income/
Statistics Korea. "Per Capita Net Disposable Income in South Korea from 2011 to 2022 (in Million South Korean Won)." Statista, Statista Inc., 29 Mar 2024, https://www.statista.com/statistics/873420/south-korea-per-capita-net-disposable-income/
Statistics Korea, Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won) Statista, https://www.statista.com/statistics/873420/south-korea-per-capita-net-disposable-income/ (last visited November 26, 2024)
Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won) [Graph], Statistics Korea, March 29, 2024. [Online]. Available: https://www.statista.com/statistics/873420/south-korea-per-capita-net-disposable-income/