The present disclosure relates to a 5G or a pre-5G communication system for supporting a higher data rate since 4G communication systems such as LTE. According to an embodiment of the present disclosure, a method for determining transmission power of a terminal, including: receiving a terminal-specific transmission power parameter from a base station, determining transmission power of the terminal based on the terminal-specific transmission power parameter and a subcarrier spacing allocated to the terminal, and transmitting an uplink signal based on the determined transmission power, and an apparatus performing the same may be provided.