National comprehensive wealth index in South Korea
South Korea: National comprehensive wealth index was 14.13 trillion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
14.13 trillion real chained 2019 US$
Change on year
up 2.3%
World rank
13th
of 150 countries
All-time high
14.13 trillion real chained 2019 US$
in 2020
All-time low
6.11 trillion real chained 2019 US$
in 1995
Years of data
26
1995–2020
National comprehensive wealth index in South Korea, 1995–2020
Source: 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. Measured in real chained 2019 US$.
Analysis
In 2020, national comprehensive wealth index in South Korea stood at 14.13 trillion real chained 2019 US$. That is the highest value across all 26 years on record.
That represents a change of up 2.3% on the previous year and up 41.7% over ten years.
Over the whole period, national comprehensive wealth index in South Korea peaked at 14.13 trillion real chained 2019 US$ in 2020 and was at its lowest, 6.11 trillion real chained 2019 US$, in 1995.
South Korea ranks 13th of 150 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
National comprehensive wealth index in South Korea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 6.11 trillion real chained 2019 US$ | — |
| 1996 | 6.37 trillion real chained 2019 US$ | +4.3% |
| 1997 | 6.64 trillion real chained 2019 US$ | +4.3% |
| 1998 | 6.54 trillion real chained 2019 US$ | -1.5% |
| 1999 | 6.76 trillion real chained 2019 US$ | +3.4% |
| 2000 | 7.29 trillion real chained 2019 US$ | +7.8% |
| 2001 | 7.56 trillion real chained 2019 US$ | +3.8% |
| 2002 | 7.93 trillion real chained 2019 US$ | +4.8% |
| 2003 | 8.18 trillion real chained 2019 US$ | +3.1% |
| 2004 | 8.51 trillion real chained 2019 US$ | +4.2% |
| 2005 | 8.65 trillion real chained 2019 US$ | +1.6% |
| 2006 | 8.91 trillion real chained 2019 US$ | +2.9% |
| 2007 | 9.15 trillion real chained 2019 US$ | +2.7% |
| 2008 | 9.55 trillion real chained 2019 US$ | +4.4% |
| 2009 | 9.70 trillion real chained 2019 US$ | +1.6% |
| 2010 | 9.97 trillion real chained 2019 US$ | +2.8% |
| 2011 | 10.40 trillion real chained 2019 US$ | +4.3% |
| 2012 | 10.75 trillion real chained 2019 US$ | +3.4% |
| 2013 | 11.16 trillion real chained 2019 US$ | +3.8% |
| 2014 | 11.71 trillion real chained 2019 US$ | +4.9% |
| 2015 | 12.16 trillion real chained 2019 US$ | +3.9% |
| 2016 | 12.56 trillion real chained 2019 US$ | +3.2% |
| 2017 | 12.88 trillion real chained 2019 US$ | +2.6% |
| 2018 | 13.40 trillion real chained 2019 US$ | +4.0% |
| 2019 | 13.81 trillion real chained 2019 US$ | +3.0% |
| 2020 | 14.13 trillion real chained 2019 US$ | +2.3% |
South Korea compared with similar countries
- South Korea's 14.13 trillion real chained 2019 US$ is above the median for high income countries, which is 2.84 trillion real chained 2019 US$, 5.0× the median. (51 countries reporting)
- South Korea's 14.13 trillion real chained 2019 US$ is above the median for East Asia & Pacific, which is 3.12 trillion real chained 2019 US$, 4.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.48 trillion real chained 2019 US$ | 6.11 trillion real chained 2019 US$ | 6.76 trillion real chained 2019 US$ | 5 |
| 2000s | 8.54 trillion real chained 2019 US$ | 7.29 trillion real chained 2019 US$ | 9.70 trillion real chained 2019 US$ | 10 |
| 2010s | 11.88 trillion real chained 2019 US$ | 9.97 trillion real chained 2019 US$ | 13.81 trillion real chained 2019 US$ | 10 |
| 2020s | 14.13 trillion real chained 2019 US$ | 14.13 trillion real chained 2019 US$ | 14.13 trillion real chained 2019 US$ | 1 |
Countries ranked near South Korea
- 10 Brazil 18.29 trillion real chained 2019 US$ compare
- 11 Russia 16.83 trillion real chained 2019 US$ compare
- 12 Italy 15.31 trillion real chained 2019 US$ compare
- 14 Netherlands 11.49 trillion real chained 2019 US$ compare
- 15 Switzerland 10.76 trillion real chained 2019 US$ compare
- 16 Spain 10.30 trillion real chained 2019 US$ compare
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 index in South Korea?
- National comprehensive wealth index in South Korea was 14.13 trillion real chained 2019 US$ in 2020, according to 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.
- What is the highest national comprehensive wealth index recorded in South Korea?
- The highest recorded value was 14.13 trillion real chained 2019 US$ in 2020.
- What is the lowest national comprehensive wealth index recorded in South Korea?
- The lowest recorded value was 6.11 trillion real chained 2019 US$ in 1995.
- How does South Korea rank for national comprehensive wealth index?
- South Korea ranks 13th out of 150 countries with data for 2020.
- Is national comprehensive wealth index rising or falling in South Korea?
- Over the last ten years it is up 41.7%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures 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 part of National comprehensive wealth index (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.