Tag - Korea far from per capita GDP goal of $30

Korea far from per capita GDP goal of $30,000

With the year 2015 drawing to an end, Korea finds itself still distanced from achieving the long-awaited goal of $30,000 per capita gross domestic product. In fact, the country is seen to remain farther from the landmark figure this year than last year. All major economic organizations and research institutes at home and abroad forecast that Korea’s per capita GDP in 2015 will drop below the 2014 level, marking the first decrease since 2009 when the nation was struggling to [...]

Read more...