South korea: South Korea's per capita gross domestic product (GDP) declined last year for the first time in three years. Statistics from the Ministry of Finance and the Bank of Korea showed that per capita GDP stood at 36,107 dollars last year, down 0.3 percent, or the equivalent of 116 dollars, compared with the previous year.
According to Qatar News Agency, the decline was mainly attributed to the sharp drop in the value of the Korean won. The average exchange rate reached KRW 1,422.16 per US dollar in 2025, marking the lowest annual level ever recorded. This surpassed the previous record of KRW 1,398.39 set during the Asian financial crisis in 1998.
A slowdown in economic growth also contributed to the decline in per capita GDP. Real GDP growth is estimated to have reached about 1 percent last year, which is the lowest level since 2020.