{
  "id": 16695792,
  "title": "GNI per capita 'almost certain' to reach $40,000 in 2026: finance ministry",
  "url": "https://urgent.news/2026/10/27/gni-per-capita-almost-certain-to-reach-40-000-in-2026-finance-ministry",
  "topic": "world",
  "section": "World",
  "published": "2026-10-27T02:57:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261027/gni-per-capita-almost-certain-to-reach-40000-in-2026-finance-ministry"
  },
  "original_language": "en",
  "account": "Korea is on track to achieve a gross national income (GNI) per capita of $40,000 this year, according to the finance ministry, as the Asian nation's fourth-largest economy grew by 1 percent in the third quarter, buoyed by robust exports and investment. The Ministry of Finance and Economy reached this conclusion following the Bank of Korea's (BOK) advance third-quarter data release, marking a significant milestone as the country's per capita GNI surpassed the $30,000 mark in 2014. Despite a high base effect from the first half of the year, Korea's solid growth suggests the possibility of reaching a mid-3 percent growth range throughout 2026, stated the finance ministry. Finance Minister Lee Hyoung-il predicts Korea's economic growth for 2026 could range from 3.4 percent to 3.6 percent. The finance ministry further announced that the GNI per capita is almost certain to reach the $40,000 threshold for the first time in history. The International Monetary Fund (IMF) recently projected a similar milestone, forecasting Korea's per capita GNI to reach $40,000 by 2026 and $50,000 by 2028.",
  "summary": "Korea is \"almost certain\" to reach a gross national income (GNI) per capita of $40,000 this year, the finance ministry said Tuesday, as Asia's No. 4 economy grew 1 percent in the third quarter from the previous three-month period, driven by strong exports and investment. The Ministry of Finance and Economy made the assessment following the release of advance third-quarter data from the Bank of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "GNI per capita 'almost certain' to reach US$40,000 in 2026: finance ministry",
        "url": "https://urgent.news/2026/10/27/gni-per-capita-almost-certain-to-reach-us-40-000-in-2026-finance",
        "published": "2026-10-27T02:00:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}