|Title||Regional Income in 2014 (Preliminary)|
1. Gross Regional Domestic Product
□ The Gross Regional Domestic Product (GRDP) at current prices nationwide amounted to 1,485 trillion won in 2014,
which rose by 54 trillion won (3.8%) from 2013.
□ The GRDP at constant prices (based on prices in 2010) grew by 3.3 percent from 2013 due to the increase in
'Manufacturing', 'Business Services' and 'Human Health and Social Work Activities'.
□ Economic growth rates of metropolitan cities and provinces
2. Consumption and Investment
□ The final consumption expenditures at current prices nationwide rose by 30 trillion won (3.2%) to 975 trillion won in 2014.
The gross fixed capital formation at current prices grew by 15 trillion won (3.6%) to 433 trillion won in 2014.
□ The private consumption at constant prices increased in all the regions.
□ In the majority of the regions, the construction investment at constant prices slowed down. Whereas, the facilities
investment at constant prices turned into the upward trend in some regions.
3. Gross Regional Income and Personal Income
□ The gross regional income at current prices increased by 56 trillion won (3.9%) to 1,496 trillion won in 2014.
□ The personal income at current prices nationwide rose by 38 trillion won (4.8%) to 835 trillion won in 2014.
4. Major Indicators per Capita
□ As for the figures per capita, GRDP, gross regional income, personal income and private consumption were all higher
than the national average in Seoul and Ulsan.
※ For more information, refer to the attached file.