South Korea World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	South Korea	Rank
GDP	$1.6T	12
GDP growth, 1 year	2.7%	117
GDP growth, 5-years average	3%	93
Population	51.5M	27
GDP per capita	$31k	33
GDP per capita growth	2.33%	78
Purchasing Power Parity conversion factor	860.51	16
Price level ratio of PPP conversion factor GDP to market exchange rate	0.78	31
GDP per capita, PPP adjusted	$41k	33
GNI, Atlas method	$1.6T	11
GNI per capita	$31k	28
GNI, PPP adjusted	$2.1T	14
GNI per capita, PPP adjusted	$40k	29

Financial system and Human development

Stat	South Korea	Rank
Income Tax Rate	42%	149
Corporate Tax Rate	25%	84
Inflation, consumer prices	1.5%	52
Inflation, GDP deflator	0.3%	17
Unemployment	3.8%	57
Economic Freedom Index	74	29
Personal Freedom Index	8.84	27
Human Freedom Index	8.15	32
Property Rights Index	82.5	22
Judical Effectiveness Index	61	39
Business Freedom Index	90.5	4
Fiscal Health Index	96.7	24
Labor Freedom Index	56.2	109
Investment Freedom Index	70	68
Financial Freedom Index	70	35
Trade Freedom Index	80	71
Monetary Freedom Index	82.1	30
Government Spending Index	67.7	98
Tax Burden Index	63.9	154
Government Integrity Index	67.5	27
Corruption Perceptions Index	57	56
Life expectancy at birth, years	82.6	10
Suicide mortality rate, per 100,000 people	26.9	194
Mortality caused by road traffic injury, per 100,000 people	9.8	64
Intentional homicides, per 100,000 people	0.6	18
International tourism, number of arrivals	15.3M	26

Government debt & reserves

Stat	South Korea	Rank
Central government debt, % of GDP	40.7%	119
External debt stocks, % of GNI	N/A	-
External debt stocks	N/A	-
Short-term debt, % of total reserves	N/A	-
Total debt service, % of exports and primary income	N/A	-
Adjusted net savings including particulate emission damage, % of GNI	20.1%	22
Gross savings, % of GDP	34.7%	21
Gross capital formation, % of GDP	30.2%	34
Total reserves including gold	$403.1B	7
Foreign direct investment net inflows	$14.5B	21

Exports, imports and economic structure

Stat	South Korea	Rank
Exports of goods and services, % of GDP	44%	63
Imports of goods and services, % of GDP	39%	108
Current account balance (balance of payments)	$76.4B	5
Revenue excluding grants, % of GDP	27.8%	58
Grants excluding technical cooperation, BoP	$6.7M	154
Personal remittances received	$7.1B	21
Industry including construction value added, % of GDP	35.1%	35
Agriculture, forestry and fishing value added, % of GDP	2%	156
Charges for the use of intellectual property, payments BoP	$9.9B	12
Charges for the use of intellectual property, receipts BoP	$7.8B	10
Expense, % of GDP	25.4%	76
Government Expenditure, % of GDP	32.8%	81