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The Miracle on the Han River (Korean: 한강의 기적) was the period of rapid economic growth in South Korea, following the Korean War (1950–1953), during which South Korea transformed from one of the least developed countries into a developed country.
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology.
Per_capita_GDP_of_South_Asian_economies_&_SKorea_(1950-1995).png ... GDP per capita of South Asian economies and South Korea as a percent of the American GDP per ...
The empire's largest economy in 1870 was British India with a 12.15% share of world GDP, followed by the United Kingdom with a 9.03% share. The empire's largest economy in 1913 was the United Kingdom with an 8.22% share of world GDP, followed by British India with a 7.47% share. [20]
Updated and removed misleading South Korean Sri Lanka comparators. Used data from World Bank. 06:01, 15 September 2017: 1,278 × 631 (143 KB) FOX 52: white: 05:58, 15 September 2017: 1,278 × 631 (143 KB) FOX 52: User created page with UploadWizard
This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates. Values are given in International Dollars .
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 2024. [3]
The history of South Korea begins with the Japanese surrender on 2 September 1945. [1] At that time, South Korea and North Korea were divided, despite being the same people and on the same peninsula. In 1950, the Korean War broke out. North Korea overran South Korea until US-led UN forces intervened.