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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 2025. [3]
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.
1950s - South sustained by crucial US military, economic and political support.. 1960s - Major programme of industrial development.. 1988 - First free parliamentary elections.. 1996 - South Korea ...
In addition, South Korea's rigorous education system and the establishment of a highly motivated and educated populace is largely responsible for spurring the country's high technology boom and rapid economic development. [126] South Korea's industrial manufacturing capability has doubled and its export sector has grown rapidly.
The following outline is provided as an overview of and topical guide to South Korea: South Korea – densely populated sovereign presidential republic located on the southern half of the Korean Peninsula in East Asia. [1] Also known as the "Land of the Morning Calm". It is neighbored by China to the west, Japan to the east and North Korea to ...
South Korea’s central bank on Friday cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of ...
Pages in category "Economy of South Korea" The following 40 pages are in this category, out of 40 total. This list may not reflect recent changes. 0–9. 747 Plan;
North Korea's nominal gross national income in 2023 was estimated to be 1.59 million won ($1,147.56) per capita, equivalent to just 3.4% of the South's 47.25 million won.