{
  "id": 16699084,
  "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-16699084",
  "topic": "world",
  "section": "World",
  "published": "2026-10-27T03:27:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261027/gni-per-capita-almost-certain-to-reach-40000-in-2026-finance-ministry"
  },
  "original_language": "en",
  "account": "The finance ministry has forecasted that South Korea's gross national income (GNI) per capita is almost certain to reach $40,000 by 2026. This marks a significant milestone, as the country's per capita GNI surpassed the $30,000 threshold for the first time in 2014. The Ministry of Finance and Economy reached this conclusion based on advance third-quarter data released by the Bank of Korea, indicating a new peak in the nation's economic performance.\n\nDespite a high base effect from the first half of the year, Korea is projected to maintain solid growth, potentially reaching the mid-3 percent range throughout 2026. Finance Minister Lee Hyoung-il has stated that the country's economic growth could range between 3.4 percent and 3.6 percent for the year.\n\nThe International Monetary Fund has also recently projected that Korea's per capita GNI will 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."
}