Korea, Republic of Economy

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South Korea has minimal natural resources and overpopulation problems due to its small land area, which has also deterred the formation of a large internal consumer market, thus it has become an export-oriented economy and is currently the 7th largest exporter and 10th largest importer in the world. South Korea is currently the 15th largest economy overall with a nominal GDP of $1.116 trillion.

Major Korea, Republic of Indicators

Period Value % Chg Prev
Economic Activity Indexes (View all 1)
South Korea Economic Freedom Index 2016 71.70 0.28%
Government Assets and Liabilities (View all 1)
Korea Government Debt (NSA) 2014 35.12% of GDP 4.03%
House Prices (View all 1)
South Korea House Price Index Q2 2017 144.63 -0.05%
View and sort all 187 Korea, Republic of Indicators
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