Indicators of economy in South Korea

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2018 was at about 11.072 US Dollar per capita. The GDP in South Korea reached 31.380 US Dollar per capita. The gross national product has been at 30.620 US Dollar per capita.

Inflation in South Korea was in 2019 at around 0.38%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices of daily necessities are approximately 4.70% higher.
The Corruption Perceptions Index for the public sector counts 59 and is compared to other countries moderate.


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Unemployment rates in percent 1991 - 2019

Unemployment rates South Korea

Economic performance 2018

 South Korea
Total
South Korea
per capita
EU
Total
EU
per capita
GDP1,619.42 bn USD31,380.15 USD15,912.78 tn USD31,004.16 USD
Gross national product1,580.11 bn USD30,618.34 USD15,400.52 tn USD30,006.07 USD


58 of the 2000 largest listed companies in the world originate from South Korea. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:

Rank 16: Samsung Electronics (Suwon)
Rank 189: Hyundai Motor (Seoul)
Rank 268: Shinhan Financial Group (Seoul)
Rank 278: KB Financial Group (Seoul)
Rank 296: SK Hynix (Icheon)
Rank 365: Posco (Seoul)
Rank 417: Hyundai Mobis (Seoul)
Rank 420: Hana Financial Group (Seoul)
Rank 478: KIA Motors (Seoul)
Rank 510: Samsung C&T (Seoul)

Development of the Gross domestic product in billion US Dollar 1979 - 2018


GDP South Korea
Development of inflation
Corruption in South Korea
Cost of living in a global comparison

Im- and Exports 2018

 South Korea
Total
South Korea
per capita
EU
Total
EU
per capita
Exports724.49 bn USD14,038.79 USD8,712.92 bn USD16,976.10 USD
Imports642.37 bn USD12,447.34 USD8,121.06 bn USD15,822.93 USD


Development of imports and exports in billion US dollars 1979 - 2018


Exports
Imports