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Afghanistan vs South Korea: Economic Indicators Comparison

South Korea with a GDP of $1.6T ranked the 12th largest economy in the world, while Afghanistan ranked 116th with $19.4B. By GDP 5-years average growth and GDP per capita, South Korea and Afghanistan ranked 93rd vs 125th and 33rd vs 191st, respectively.

Gross Domestic Product & Income

StatAfghanistanSouth Korea
GDP$19.4B$1.6T
GDP growth, 1 year2.3%2.7%
GDP growth, 5-years average2.2%3%
Population34.9M51.1M
GDP per capita$521$31k
GDP per capita growth-1.35%2.33%
Purchasing Power Parity conversion factor19.27860.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.78
GDP per capita, PPP adjusted$2k$41k
GNI, Atlas method$20.3B$1.6T
GNI per capita$550$31k
GNI, PPP adjusted$73.1B$2.1T
GNI per capita, PPP adjusted$2k$40k

Financial system and Human development

StatAfghanistanSouth Korea
Income Tax Rate20%42%
Corporate Tax Rate20%25%
Inflation, consumer prices0.6%1.5%
Inflation, GDP deflator0.8%0.3%
Unemployment1.5%3.8%
Economic Freedom Index54.774
Personal Freedom Index48.84
Human Freedom Index48.15
Property Rights Index48.382.5
Judical Effectiveness Index3061
Business Freedom Index54.790.5
Fiscal Health Index99.996.7
Labor Freedom Index61.656.2
Investment Freedom Index1070
Financial Freedom Index1070
Trade Freedom Index6680
Monetary Freedom Index8182.1
Government Spending Index79.267.7
Tax Burden Index91.463.9
Government Integrity Index24.867.5
Corruption Perceptions Index1657
Life expectancy at birth, years64.182.6
Suicide mortality rate, per 100,000 people4.726.9
Mortality caused by road traffic injury, per 100,000 people15.19.8
Intentional homicides, per 100,000 people7.10.6
International tourism, number of arrivalsN/A15.3M

Government debt & reserves

StatAfghanistanSouth Korea
Central government debt, % of GDP7.1%40.7%
External debt stocks, % of GNI13.4%N/A
External debt stocks$2.6BN/A
Short-term debt, % of total reserves4.4%N/A
Total debt service, % of exports and primary income4.9%N/A
Adjusted net savings including particulate emission damage, % of GNI2.7%20.1%
Gross savings, % of GDP18.7%34.7%
Gross capital formation, % of GDP19.2%30.2%
Total reserves including gold$8.2B$403.1B
Foreign direct investment net inflows$119.4M$14.5B

Exports, imports and economic structure

StatAfghanistanSouth Korea
Exports of goods and services, % of GDP5.9%44%
Imports of goods and services, % of GDP45.3%39%
Current account balance (balance of payments)-$3.7B$76.4B
Revenue excluding grants, % of GDP12.2%27.8%
Grants excluding technical cooperation, BoP$3.3B$6.7M
Personal remittances received$803.5M$7.1B
Industry including construction value added, % of GDP22.1%35.1%
Agriculture, forestry and fishing value added, % of GDP20.5%2%
Charges for the use of intellectual property, payments BoP$2.4M$9.9B
Charges for the use of intellectual property, receipts BoP$13k$7.8B
Expense, % of GDP36.7%25.4%
Government Expenditure, % of GDP26.3%32.8%

Compare with countries close by GDP per capita

Afghanistan vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
22.9M
Mozambique
$499
25.8M
Central African Republic
$476
4.99M
Niger
$414
17.1M
Malawi
$389
18.6M
Somalia
$315
11M

South Korea vs

CountryGDP
per capita
Population
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k