Compare the economies of the countries

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Economy power of Barbados & South Korea

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Barbados vs South Korea

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Barbados South Korea
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Barbados is an island country located in the region of the Carribeans in North America. Its land coverage is only 432 square kilometers, and it is the most eastern-located island out of all the Caribbean islands. More about Barbados South Korea is officially recognized as the Republic of Korea (ROK). It is a highly developed country located in East Asia, in the Korean Peninsula. As we can guess, it takes the southern part of the region and shares a border with only one nation, namely North Korea. The capital city of Seoul is the largest city in the country and the fifth-largest metropolitan area in the entire world. It is important to notice that the land area of South Korea is very limited and because of its large population, they are one of the most densely populated nations in the world. More about South Korea

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Barbados South Korea
Position in the ranking of countries
GDP [US$] 4,843,800,000 1,810,955,871,380
Percentage of the other

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Barbados South Korea
Position in the ranking of countries
GNI [US$] 4,747,600,000 1,831,116,833,541
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Barbados South Korea
Position in the ranking of countries
External balance [US$] -489,050,000 64,807,781,892
Percentage of the other

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Barbados South Korea
Position in the ranking of countries
Unemployment [%] 9.58 3.64
Percentage of the other

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Barbados South Korea
Position in the ranking of countries
Population 281,200 51,744,876
Percentage of the other

Population growth (annual %)

Density

Gender

Demography