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In 2010, South Korea made an economic rebound with a growth rate of 6.1%, signaling a return of the economy to pre-crisis levels. South Korea's export has recorded $424 billion in the first eleven months of the year 2010, already higher than its export in the whole year of 2008.
Economic inequality in South Korea. According to data from 2010, low-income earners (those earning 12 million won or less) make up 37.8% of South Korea's labour force. [1] Conversely, the highest income earners (those earning 100 million won or more) make up 1.4% of the labour force. [1]
South Korea and the International Monetary Fund ( IMF) partner together to assist the country in managing its financial system. South Korea's economy is considered fundamentally sound because of the balance of their banking sector and their aim toward a zero structural balance without compromising their ability to sustain debt. [1] The IMF Board in 2019 assessed that the policy framework and ...
This is a list of South Korean regions by GDP. All data are sourced from the latest regional statistics published by the South Korean Government , [1] the OECD and the International Monetary Fund (IMF).
Globalization in South Korea South Korea is 5th largest export economy in the world and the 6th economic complexity according to Economic Complexity Index (ECI) with the top export destinations centralized in China ($149 B) [1] with a total population of 51,324,823 in 2019. [2]
This Wikipedia article provides a list of countries by past and projected GDP (nominal) from various sources. It also includes charts and tables that compare the GDP rankings and growth rates of different countries and regions.
15 April: The 2020 South Korean legislative election will be held this year. The Democratic Party and its satellite, the Platform Party, won a landslide victory, taking 180 of the 300 seats (60%) between them.
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.