Australia vs South Korea: Human capital
Australia
10.46 trillion real chained 2019 US$
in 2020
South Korea
9.04 trillion real chained 2019 US$
in 2020
Australia rank
10th
South Korea rank
12th
Human capital over time
- Australia
- South Korea
How they compare
Australia currently reports 10.46 trillion real chained 2019 US$ against 9.04 trillion real chained 2019 US$ in South Korea, a difference of 1.42 trillion real chained 2019 US$.
That makes Australia's figure about 1.2 times South Korea's.
Across all 26 years both countries report, Australia has been ahead every year.
Australia ranks 10th and South Korea ranks 12th of 150 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.71 trillion real chained 2019 US$ | 5.59 trillion real chained 2019 US$ | 1.13 trillion real chained 2019 US$ | Australia |
| 2000s | 7.74 trillion real chained 2019 US$ | 6.51 trillion real chained 2019 US$ | 1.24 trillion real chained 2019 US$ | Australia |
| 2010s | 9.28 trillion real chained 2019 US$ | 8.04 trillion real chained 2019 US$ | 1.24 trillion real chained 2019 US$ | Australia |
| 2020s | 10.46 trillion real chained 2019 US$ | 9.04 trillion real chained 2019 US$ | 1.42 trillion real chained 2019 US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher human capital, Australia or South Korea?
- Australia, at 10.46 trillion real chained 2019 US$ against 9.04 trillion real chained 2019 US$ in South Korea as of 2020.
- What is the difference in human capital between Australia and South Korea?
- 1.42 trillion real chained 2019 US$, with Australia ahead.
- How many years of comparable data are there for Australia and South Korea?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and South Korea rank globally for human capital?
- Australia ranks 10th and South Korea ranks 12th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Human capital (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.