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)
Characteristic
Net disposable income in million South Korean won
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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. (June 7, 2023). Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won) [Graph]. In Statista. Retrieved July 03, 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. June 7, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/873420/south-korea-per-capita-net-disposable-income/
Statistics Korea. (2023). Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won). Statista. Statista Inc.. Accessed: July 03, 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., 7 Jun 2023, 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 July 03, 2024)
Per capita net disposable income in South Korea from 2011 to 2022 (in million South Korean won) [Graph], Statistics Korea, June 7, 2023. [Online]. Available: https://www.statista.com/statistics/873420/south-korea-per-capita-net-disposable-income/