How is the economy of South Korea different from that of North Korea?
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Works at the International Committee of the Red Cross, Lives in Geneva, Switzerland.
The GDP per capita is $33,200 in South Korea, while it is $1,800 in the North, according to the CIA World Factbook. ... By comparison, North Korea reported a relatively minuscule $7.3 billion. While North Korea runs a huge trade deficit, exports (goods and services) play an important role in South Korea's growth story.
2023-06-17 06:13:06
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The GDP per capita is $33,200 in South Korea, while it is $1,800 in the North, according to the CIA World Factbook. ... By comparison, North Korea reported a relatively minuscule $7.3 billion. While North Korea runs a huge trade deficit, exports (goods and services) play an important role in South Korea's growth story.
