Country Profile Report

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Recommended: Regional integration in asia pacific

Introduction:

South Korea is a country that has developed into one of Asia's most wealthy countries since partition in 1948. The Republic of Korea was proclaimed in August 1948 and received UN-backed support from the US after it was invaded by the North in 1950.The Korean War ended in 1953 without a peace agreement, leaving South Korea technically at war for more than fifty years.

Output& Income:

Gross Domestic Product& National Income:

GDP in South Korea extended 0.90% in the fourth quarter of 2013 over the previous quarter. Gross National Product in South Korea decreased to 272550.50 KRW Billion in the third quarter of 2013 from 274333.70 KRW Billion in the second quarter of 2013.

World Ranking:

The highest FIFA ranking was 17 in December 1998. The lowest FIFA Ranking was 62 in February 1996. The best Mover is 18 in July 2002. The worst mover was 27 in July 2006.

Per Capita GDP:

It is $33,200(US dollars) in 2013 and the country comparison to the world is 42. It was $32,400 in 2012 and $31,900 in 2011. The PPP to the world is not quite high.

Per Capita Income:

Gross national income (GNI) per capital is $30,972 in 2012 and 29,864 in 2011. Growth slowed in late 2011, reflecting the deterioration in the world economy, but is projected at around 3½ per cent in 2012.As people can see from the statistics, this is a quite high number and competitive in the world.

Country Classification:

Newly Industrialized Economy:

The terms “newly industrializing economies” (NIEs) first appeared in the late 1970s to consult a small group of developing countries that had been successful not only in industrializing speedily but also in expanding their exports of artificial products. The second group of East Asian countries inc...

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4. http://www.oecd-ilibrary.org/economics/country-statistical-profile-korea_20752288-table-kor

5. http://www.oecd.org/korea/economicsurveyofkorea2012.htm

6. http://www.tradingeconomics.com/south-korea/gdp-growth

7. http://www.tradingeconomics.com/south-korea/gross-national-product

8. http://www.fifa.com/associations/association=kor/ranking/gender=m/

9. http://en.wikipedia.org/wiki/Music_of_Korea

10. http://www.answers.com/topic/newly-industrializing-economies

11. https://www.cia.gov/library/publications/the-world-factbook/fields/2048.html

12. http://www.worldbank.org/en/news/press-release/2013/10/10/world-bank-group-open-new-offices-korea

13. https://www.kdevelopedia.org/mnt/idas/asset/2013/03/28/DOC/PDF/04201303280125567070791.pdf

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