National comprehensive wealth in South Korea
South Korea: National comprehensive wealth was 14.03 trillion current US$ in 2020. ▲ Rising
National comprehensive wealth in South Korea, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, national comprehensive wealth in South Korea stood at 14.03 trillion current US$.
That represents a change of up 1.6% on the previous year and up 60.2% over ten years.
Over the whole period, national comprehensive wealth in South Korea peaked at 14.16 trillion current US$ in 2018 and was at its lowest, 2.98 trillion current US$, in 1998.
South Korea ranks 13th of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
National comprehensive wealth in South Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 4.17 trillion current US$ | — |
| 1996 | 4.52 trillion current US$ | +8.5% |
| 1997 | 4.20 trillion current US$ | -7.0% |
| 1998 | 2.98 trillion current US$ | -29.1% |
| 1999 | 3.80 trillion current US$ | +27.5% |
| 2000 | 4.38 trillion current US$ | +15.3% |
| 2001 | 4.17 trillion current US$ | -4.8% |
| 2002 | 4.82 trillion current US$ | +15.6% |
| 2003 | 5.43 trillion current US$ | +12.6% |
| 2004 | 6.05 trillion current US$ | +11.3% |
| 2005 | 7.15 trillion current US$ | +18.3% |
| 2006 | 8.19 trillion current US$ | +14.5% |
| 2007 | 8.92 trillion current US$ | +9.0% |
| 2008 | 8.21 trillion current US$ | -8.0% |
| 2009 | 7.39 trillion current US$ | -10.0% |
| 2010 | 8.76 trillion current US$ | +18.6% |
| 2011 | 9.99 trillion current US$ | +14.0% |
| 2012 | 10.16 trillion current US$ | +1.7% |
| 2013 | 10.88 trillion current US$ | +7.1% |
| 2014 | 11.80 trillion current US$ | +8.5% |
| 2015 | 12.08 trillion current US$ | +2.4% |
| 2016 | 12.34 trillion current US$ | +2.2% |
| 2017 | 13.13 trillion current US$ | +6.4% |
| 2018 | 14.16 trillion current US$ | +7.9% |
| 2019 | 13.81 trillion current US$ | -2.5% |
| 2020 | 14.03 trillion current US$ | +1.6% |
South Korea compared with similar countries
- South Korea's 14.03 trillion current US$ is above the median for high income countries, which is 2.69 trillion current US$, 5.2× the median. (51 countries reporting)
- South Korea's 14.03 trillion current US$ is above the median for East Asia & Pacific, which is 3.10 trillion current US$, 4.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.93 trillion current US$ | 2.98 trillion current US$ | 4.52 trillion current US$ | 5 |
| 2000s | 6.47 trillion current US$ | 4.17 trillion current US$ | 8.92 trillion current US$ | 10 |
| 2010s | 11.71 trillion current US$ | 8.76 trillion current US$ | 14.16 trillion current US$ | 10 |
| 2020s | 14.03 trillion current US$ | 14.03 trillion current US$ | 14.03 trillion current US$ | 1 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is national comprehensive wealth in South Korea?
- National comprehensive wealth in South Korea was 14.03 trillion current US$ in 2020, according to the World Bank.
- What is the highest national comprehensive wealth recorded in South Korea?
- The highest recorded value was 14.16 trillion current US$ in 2018.
- What is the lowest national comprehensive wealth recorded in South Korea?
- The lowest recorded value was 2.98 trillion current US$ in 1998.
- How does South Korea rank for national comprehensive wealth?
- South Korea ranks 13th out of 151 countries with data for 2020.
- Is national comprehensive wealth rising or falling in South Korea?
- Over the last ten years it is up 60.2%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of National comprehensive wealth (current US$). Statizoid updates them automatically from the source API.
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