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The economy of South Korea is a highly developed mixed economy. [19] [20] [21] By nominal GDP, the economy was worth ₩2.61 quadrillion (US$1.87 trillion).It has the 4th largest economy in Asia and the 12th largest in the world as of 2024. [3]
South Korea's economy was one of the world's fastest-growing from the early 1960s to the late 1990s, and was still one of the fastest-growing developed countries in the 2000s, along with Hong Kong, Singapore and Taiwan, the other three Asian Tigers. [199] It recorded the fastest rise in average GDP per capita in the world between 1980 and 1990 ...
This is a sorted list of Asian countries according to their rank, with their factual and estimated gross domestic product data by the International Monetary Fund. [1] The top 3 largest economies in Asia are China , Japan and India .
The table initially ranks each IMF member including sovereign states not part of the IMF, non-sovereign nations and territories, and countries with limited recognition The links in the "Country/Territory" row of the following table link to the article on the GDP or the economy of the respective country or territory.
This is a list of South Korean regions by GDP. All data are sourced from the latest regional statistics published by the South Korean Government, [1] the OECD and the International Monetary Fund (IMF). [2] [3] The South Korean won has been converted to the international dollar using the IMF's Purchasing Power Parity conversion rate.
Following the Korean War, South Korea remained one of the poorest countries in the world for over a decade. Marred by poverty, malnutrition, and illiteracy, political chaos, and cultural discourse, South Korea's gross domestic product per capita in 1960 was $79, [120] lower than that of some sub-Saharan African countries.
Newsweek – "World's best countries" 2010 & 15: 100 Official Development Assistance aid sent to developing countries: 2012 & 16: 23 The Economist – Where-to-be-born Index: 2013 & 19: 80 Walk Free Foundation – Global Slavery Index: 2013 & 23 & 160 World Economic Forum – Human Capital Report 2013 & 23 & 122
This is a list of estimates of the real gross domestic product growth rate (not rebased GDP) in Asian states for the latest years recorded in the CIA World Factbook.All sovereign states with United Nations membership and territory in Asia are included on the list apart from those who are also members of the Council of Europe.