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Yonhap News: South Korea's per capita GDP is expected to reach $39,000 this year

2026-07-20 05:21

Odaily Planet Daily News: Thanks to the semiconductor boom boosting exports, South Korea's per capita GDP is expected to rise significantly this year. According to data released on the 19th by the Ministry of Economy and Finance, the Bank of Korea, and the National Data Office, South Korea's per capita GDP is projected to reach $39,164 this year, an increase of $2,750 year-on-year, representing a growth rate of 7.6%. This is the largest increase in nearly five years since 2021 (11.5%). (Yonhap News)