South Korea’s gross national income(GNI) per capita jumped over ten percent on-year to surpass 35-thousand dollars for the first time in 2021.
According to data from the Bank of Korea(BOK) on Wednesday, GNI per capita stood at 35-thousand-373 dollars, up ten-point-five percent from a year earlier.
The per-capita GNI is the gross national income divided by the population. It previously peaked at 33-thousand-564 dollars in 2018 before declining slightly in 2019 and 2020.
The personal gross disposable income(PGDI) stood at 19-thousand-501 dollars, up eight-point-six percent from the previous year.
Meanwhile, the provisional real gross domestic product(GDP) last year expanded four-point-one percent, an eleven-year high since six-point-eight percent posted in 2010.
The nominal GDP, which reflects consumer price fluctuation, totaled 2-thousand-71 trillion won, up six-point-seven percent on-year.
Source: KBS World Radio