S. Korea to surpass Japan in 2023 in terms of per-capita GDP based on purchasing power: IMF
  • 5 years ago
IMF "한국 구매력평가 1인당 GDP, 2023년에 처음으로 일본 추월"

South Korea is forecast to surpass Japan in four years when it comes to per-capita gross domestic product based on purchasing power parity -- or PPP.
According to the IMF's World Economic Outlook,... South Korea came in at 32nd out of 1-hundred-94 countries this year for GDP per-capita adjusted for PPP,... with some 38-thousand U.S. dollars per capita.
Japan, meanwhile, was ranked at 31st.
The data showed that the gap is narrowing and that in four years,... South Korea will surpass its neighbor for the very first time... as Japan's economy has seen little growth over the past decade
Korea's figure is forecast to reach some 41-point-4 thousand dollars in 2023,... which is slightly higher than Japan's.
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