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In 2016, South Korea spent 5.4 percent of its GDP on all levels of education – roughly 0.4 percentage points above the OECD average. [4] A strong investment in education, a militant drive and desire to achieve academic success, as well as the passion for academic excellence has helped the resource poor country rapidly grow its economy over ...
Education spending of countries and subnational areas by % of GDP ; Location % of GDP Year Source Marshall Islands 15.8 2019 [1] Cuba 11.5 2020 [2] Micronesia 10.5 2020 [2]
Science & Technology. Hyundai Motor Group, one of the top three car brands in the world. LG Electronics, the No. 1 TV market player in the world. Samsung Electronics, the world's No. 1 smartphone market share as of 2022. SK Hynix, the world's fourth-largest chipmaker in sales as of 2023.
The economy of South Korea is a highly developed mixed economy. [ 20][ 21][ 22] By nominal GDP, the economy was worth ₩2.24 quadrillion (US$1.72 trillion). It has the 4th largest economy in Asia and the 14th largest in the world as of 2024. [ 3]
List of countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
List of countries by income equality. World map of income inequality Gini coefficients by country. Based on World Bank data ranging from 1992 to 2020. [ 1] Above 50%. Between 45% and 50%. Between 40% and 45%. Between 35% and 40%.
Education Index. An Education index is a component of the Human Development Index published every year by the United Nations Development Programme. Alongside the Economical indicators and Life Expectancy Index, it helps measure the educational attainment. GNI (PPP) per capita and life expectancy are also used with the education index to get the ...
The following list sorts countries by the total market capitalization of all domestic companies [clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. [1]