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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]
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). [2] [3] The South Korean won has been converted to the international dollar using the IMF's Purchasing Power Parity conversion rate.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] ... South Korea: 1,760,947: 2024: 1,712,793: 2023:
U.S. and South Korean troops kicked off a large-scale exercise Monday aimed at strengthening their combined defense capabilities against nuclear-armed North Korea, which again accused the allies ...
2024 GDP (nominal) in billions — Asia: 42.72 trillion: 1 China: 18.53 trillion [2] 2 Japan: 4.11 trillion [3] 3 India: 3.93 trillion [4] 4 South Korea: 1.76 trillion 5 Indonesia: 1.47 trillion 6 Turkey: 1.11 trillion 7 Saudi Arabia: 1.11 trillion 8 Taiwan: 803.0 billion 9 Thailand: 548.9 billion 10 Israel: 530.6 billion 11 United Arab Emirates
The green-based economic strategy is a comprehensive overhaul of South Korea's economy, utilizing nearly two percent of the national GDP. The greening initiative includes such efforts as a nationwide bike network, solar and wind energy, lowering oil dependent vehicles, backing daylight saving time and extensive usage of environmentally friendly ...
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in millions of United States dollars (USD) and have not been adjusted for inflation.
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.