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Korea's Per Capita Income Set to Top $40,000 for First Time

South Korea's per capita gross national income (GNI) is expected to exceed $40,000 for the first time this year, with the finance ministry saying it is "almost certain" to reach that level in 2026. The economy grew 1 percent in the third quarter from the previous three months, and the government forecasts annual growth in the mid-three percent range, driven by strong semiconductor exports and increased capital. Yonhap reports the finance ministry's statement, while Business Korea highlights the milestone as underscoring an uneven recovery.

  1. Korea's Per Capita Income Set to Top $40,000 for First Time, Highlighting Uneven Recovery Business Korea · 2026-10-27
  2. GNI per capita 'almost certain' to reach $40,000 in 2026: finance ministry Korea Times · 2026-10-27
  3. (LEAD) GNI per capita 'almost certain' to reach US$40,000 in 2026: finance ministry Yonhap · 2026-10-27
  4. Gov’t Forecasts Mid-3% Growth, $40K Per Capita Income This Year KBS World · 2026-10-27

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