GDP per capita Archives | Be Korea-savvy

South Korean GDP to Decline by 2050

SEOUL, Sept. 11 (Korea Bizwire) – According to Simon Baptist, Chief Economist at the Economist Intelligence Unit, by 2050, South Korea, Canada and Italy may find themselves firmly entrenched outside the global GDP top-10 list. Baptist attributes this change partly to the projected rise of India, with its growing population and migration to urban areas [...]

S. Korea’s GDP per Capita to Top $30,000 in 2018: Report

SEJONG, Sept. 20 (Korea Bizwire) – South Korea will likely see its gross domestic product (GDP) per capita touch the landmark US$30,000 level in 2018, a parliamentary report predicted Tuesday. If the $30,000 plateau is attained in two years, it will have taken 12 years since South Korea reached the $20,000 level in 2006. Other [...]