Korea estimated to have surpassed Japan in GDP per capita
South Korea’s gross domestic product per capita is estimated to have surpassed the $36,000 mark in 2024, outpacing its economic peers such as Japan and Taiwan, according to IMF estimates from October, released by the government Sunday. The country’s GDP per capita in 2024 is estimated to have reached $36,024, rising by $454 or 1.28 percent on-year, according to the data from the Finance Ministry, Bank of Korea and Statistics Korea. GDP per capita is calculated by dividing the total GDP by the po