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In early 2022, there was a major spike in cases related to the Omicron variant, with 170 thousand cases reported on February 22. [24] South Korea began relaxing social distancing rules on 4 March 2022, and announced a shift toward endemic living on 18 March.
The economy of South Korea is a highly developed mixed economy. [19] [20] [21] By nominal GDP, the economy was worth ₩2.61 quadrillion (US$1.87 trillion).It has the 4th largest economy in Asia and the 12th largest in the world as of 2025. [3]
The economy of South Korea is forecast to grow 1.9%, which is down from 2.1%. The government has provided 136.7 billion won for local governments as support. [343] The government has also organised the procurement of masks and other hygiene equipment. [343]
It is home to some of the most economically dynamic places in the world, [11] being the site of some of the world's most extended modern economic booms, including the Taiwan miracle (1950–present) in Taiwan, Miracle on the Han River (1974–present) in South Korea, Japanese economic miracle (1950–1990) and the Chinese economic miracle (1983 ...
South Korea's President, Moon Jae-in, attributed a deepening wealth gap between the rich and the poor to the 2020 COVID-19 pandemic. [6] South Korea's economy depends on the gross domestic product generated by a handful of the country's largest companies. Over the past 15 years, more than half of the country's GDP each year came from its top ...
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.
COVID-19 pandemic in South Korea This page was last edited on 4 May 2020, at 13:14 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 ...
Coronavirus in South Korea may refer to: 2015 Middle East respiratory syndrome outbreak in South Korea , coronavirus outbreak which affected South Korea in 2015 COVID-19 pandemic in South Korea , coronavirus outbreak which affected South Korea from 2020