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 2019 was at about 11.181 US Dollar per capita. The GDP in South Korea reached 31.846 US Dollar per capita. The gross national product has been at 33.790 US Dollar per capita. South Korea is therefore one of the world's largest economies and is currently at rank 12

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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