Korea’s per capita gross domestic product GDP is projected to be overtaken by Taiwan’s this year for the first time in 22 years. According to the government and Taiwan’s Directorate General of Budget, ...

The International Monetary Fund (IMF) has projected that South Korea's per capita Gross Domestic Product (GDP) ranking will drop by three spots from 34th in the world last year to 37th this year. In ...

Korea's GDP per person is estimated to have exceeded the $36,000 mark last year, data showed Sunday. The GDP per capita for 2024 is estimated at $36,024, up $454, or 1.28 percent, from a year earlier, ...

South Korea avoided a technical recession as its economy expanded by 0.6% from the previous quarter, beating expectations, according to advance estimates. This was higher than the 0.5% expected by ...

South Korea is likely to overtake Italy in gross national income per capita as its economic growth rate fared well compared to the European economy, according to the Bank of Korea Tuesday. The ...

South Korea is one of Asia’s biggest economies with a GDP of $1.7 trillion and a growth rate of 2.6% in 2022 – which is expected to decline to 1.6% in 2023 due to a slowdown in the U.S. and EU markets ...