South Korea’s per capita Gross National Income (GNI) has surpassed 28-thousand dollars.

The Bank of Korea Wednesday estimated the GNI, a gauge of purchasing power, stood at 28-thousand-180 dollars per person last year, up seven-point-six percent from a year earlier.

The Gross Domestic Product (GDP), however, gained only three-point-three percent last year, leading economists to believe that the appreciation of the local currency contributed to the significant GNI growth. Last year, the Korean won advanced three-point-eight percent against the U.S. dollar.

The per capita disposable household income increased by one-thousand-81 dollars between 2013 and 2014 to 15-thousand-786 dollars.

Private consumption rose one-point-eight percent last year, edging down from one-point-nine percent rise in the previous year.

Facility investment grew five-point-eight percent last year from a year earlier.