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San Marino vs South Korea: Economic Indicators Comparison

South Korea with a GDP of $1.6T ranked the 12th largest economy in the world, while San Marino ranked 177th with $1.6B. By GDP per capita, South Korea and San Marino ranked 33rd vs 18th, respectively.

Gross Domestic Product & Income

StatSan MarinoSouth Korea
GDP$1.6B$1.6T
GDP growth, 1 year1.5%2.7%
GDP growth, 5-years averageN/A3%
Population32k51.1M
GDP per capita$48k$31k
GDP per capita growth1%2.33%
Purchasing Power Parity conversion factor0.68860.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.770.78
GDP per capita, PPP adjusted$63k$41k
GNI, Atlas methodN/A$1.6T
GNI per capitaN/A$31k
GNI, PPP adjustedN/A$2.1T
GNI per capita, PPP adjustedN/A$40k

Financial system and Human development

StatSan MarinoSouth Korea
Income Tax RateN/A42%
Corporate Tax RateN/A25%
Inflation, consumer prices1%1.5%
Inflation, GDP deflator0.9%0.3%
Unemployment6.4%3.8%
Economic Freedom Index7674
Personal Freedom Index8.18.84
Human Freedom Index8.28.15
Property Rights IndexN/A82.5
Judical Effectiveness IndexN/A61
Business Freedom IndexN/A90.5
Fiscal Health IndexN/A96.7
Labor Freedom IndexN/A56.2
Investment Freedom IndexN/A70
Financial Freedom IndexN/A70
Trade Freedom IndexN/A80
Monetary Freedom IndexN/A82.1
Government Spending IndexN/A67.7
Tax Burden IndexN/A63.9
Government Integrity IndexN/A67.5
Corruption Perceptions Index8057
Life expectancy at birth, years85.482.6
Suicide mortality rate, per 100,000 people0.526.9
Mortality caused by road traffic injury, per 100,000 people09.8
Intentional homicides, per 100,000 people00.6
International tourism, number of arrivals84k15.3M

Government debt & reserves

StatSan MarinoSouth Korea
Central government debt, % of GDP53.8%40.7%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A20.1%
Gross savings, % of GDPN/A34.7%
Gross capital formation, % of GDPN/A30.2%
Total reserves including gold$339M$403.1B
Foreign direct investment net inflows$390k$14.5B

Exports, imports and economic structure

StatSan MarinoSouth Korea
Exports of goods and services, % of GDPN/A44%
Imports of goods and services, % of GDPN/A39%
Current account balance (balance of payments)N/A$76.4B
Revenue excluding grants, % of GDP39.8%27.8%
Grants excluding technical cooperation, BoPN/A$6.7M
Personal remittances receivedN/A$7.1B
Industry including construction value added, % of GDPN/A35.1%
Agriculture, forestry and fishing value added, % of GDPN/A2%
Charges for the use of intellectual property, payments BoPN/A$9.9B
Charges for the use of intellectual property, receipts BoPN/A$7.8B
Expense, % of GDP42.2%25.4%
Government Expenditure, % of GDPN/A32.8%

Compare with countries close by GDP per capita

San Marino vs

CountryGDP
per capita
Population
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
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

South Korea vs

CountryGDP
per capita
Population
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
Lithuania
$19k
2.79M