Annual simplified non-financial accounts by institutional sector in Korea
Korea: Annual simplified non-financial accounts by institutional sector was 1.23 billion National currency in 2024. ◆ Volatile
Annual simplified non-financial accounts by institutional sector in Korea, 1975–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual simplified non-financial accounts by institutional sector in Korea is 1.23 billion National currency, measured in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 66.4% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Korea peaked at 1.23 billion National currency in 2024 and was at its lowest, 3.46 million National currency, in 1975.
The series is highly variable year to year, so single readings are best treated with caution.
Annual simplified non-financial accounts by institutional sector in Korea, year by year
| Year | National currency | Change |
|---|---|---|
| 1975 | 3.46 million National currency | — |
| 1976 | 4.88 million National currency | +41.1% |
| 1977 | 6.59 million National currency | +35.0% |
| 1978 | 9.39 million National currency | +42.6% |
| 1979 | 12.61 million National currency | +34.3% |
| 1980 | 15.90 million National currency | +26.0% |
| 1981 | 19.71 million National currency | +24.0% |
| 1982 | 23.03 million National currency | +16.8% |
| 1983 | 27.92 million National currency | +21.2% |
| 1984 | 32.21 million National currency | +15.4% |
| 1985 | 35.87 million National currency | +11.4% |
| 1986 | 41.84 million National currency | +16.6% |
| 1987 | 50.26 million National currency | +20.1% |
| 1988 | 61.87 million National currency | +23.1% |
| 1989 | 73.51 million National currency | +18.8% |
| 1990 | 90.19 million National currency | +22.7% |
| 1991 | 112.38 million National currency | +24.6% |
| 1992 | 128.48 million National currency | +14.3% |
| 1993 | 146.49 million National currency | +14.0% |
| 1994 | 172.56 million National currency | +17.8% |
| 1995 | 206.55 million National currency | +19.7% |
| 1996 | 236.85 million National currency | +14.7% |
| 1997 | 250.51 million National currency | +5.8% |
| 1998 | 239.12 million National currency | -4.5% |
| 1999 | 255.82 million National currency | +7.0% |
| 2000 | 281.09 million National currency | +9.9% |
| 2001 | 310.23 million National currency | +10.4% |
| 2002 | 342.84 million National currency | +10.5% |
| 2003 | 373.91 million National currency | +9.1% |
| 2004 | 405.58 million National currency | +8.5% |
| 2005 | 436.13 million National currency | +7.5% |
| 2006 | 464.53 million National currency | +6.5% |
| 2007 | 501.30 million National currency | +7.9% |
| 2008 | 531.38 million National currency | +6.0% |
| 2009 | 551.42 million National currency | +3.8% |
| 2010 | 590.42 million National currency | +7.1% |
| 2011 | 630.74 million National currency | +6.8% |
| 2012 | 660.44 million National currency | +4.7% |
| 2013 | 696.58 million National currency | +5.5% |
| 2014 | 738.15 million National currency | +6.0% |
| 2015 | 787.91 million National currency | +6.7% |
| 2016 | 825.82 million National currency | +4.8% |
| 2017 | 865.42 million National currency | +4.8% |
| 2018 | 912.77 million National currency | +5.5% |
| 2019 | 961.42 million National currency | +5.3% |
| 2020 | 984.82 million National currency | +2.4% |
| 2021 | 1.04 billion National currency | +5.4% |
| 2022 | 1.10 billion National currency | +6.2% |
| 2023 | 1.17 billion National currency | +5.9% |
| 2024 | 1.23 billion National currency | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.39 million National currency | 3.46 million National currency | 12.61 million National currency | 5 |
| 1980s | 38.21 million National currency | 15.90 million National currency | 73.51 million National currency | 10 |
| 1990s | 183.90 million National currency | 90.19 million National currency | 255.82 million National currency | 10 |
| 2000s | 419.84 million National currency | 281.09 million National currency | 551.42 million National currency | 10 |
| 2010s | 766.97 million National currency | 590.42 million National currency | 961.42 million National currency | 10 |
| 2020s | 1.10 billion National currency | 984.82 million National currency | 1.23 billion National currency | 5 |
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Frequently asked questions
- What is annual simplified non-financial accounts by institutional sector in Korea?
- Annual simplified non-financial accounts by institutional sector in Korea was 1.23 billion National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual simplified non-financial accounts by institutional sector recorded in Korea?
- The highest recorded value was 1.23 billion National currency in 2024.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Korea?
- The lowest recorded value was 3.46 million National currency in 1975.
- How does Korea rank for annual simplified non-financial accounts by institutional sector?
- Korea ranks 1st out of 3 groups with data for 2024.
- Is annual simplified non-financial accounts by institutional sector rising or falling in Korea?
- Over the last ten years it is up 66.4%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual simplified non-financial accounts by institutional sector (Revenue) — Compensation of employees. Statizoid updates them automatically from the source API.
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About this data
This table presents the Revenue (or Resources) lines, not including the balancing items, for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Expenditure) and ‘Annual simplified non-financial accounts by institutional sector (Balancing items)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org