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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of South Korea & Liberia

South Korea Flag svg Liberia Flag svg

South Korea vs Liberia

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South Korea Liberia
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World Rank 16 7.09 World Rank 130 1.62
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 The African country located in the west. The Republic of Liberia is considered one of the most diverse nations in terms of ethnic groups. However, its official spoken language is English. The capital and the largest city in the republic is Monrovia.  More about Liberia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

South Korea Liberia
Position in the ranking of countries 14 (2023) 150 (2023)
GDP [US$] 1,712,792,854,202 4,240,000,000
Percentage of the other 40396.1 % 0.2 %

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

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(United States of America (USA))

South Korea Liberia
Position in the ranking of countries 12 (2023) 150 (2023)
GNI [US$] 1,744,702,631,805 3,967,000,000
Percentage of the other 43980.4 % 0.2 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

South Korea Liberia
Position in the ranking of countries 53 (2023) -
External balance [US$] 884,838,156 -
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)

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(Eswatini)

South Korea Liberia
Position in the ranking of countries 53 (2023) -
Unemployment [%] 2.60 2.88
Percentage of the other 90.3 % 110.8 %

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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(India)

South Korea Liberia
Position in the ranking of countries 28 (2023) 115 (2023)
Population 51,712,619 5,493,031
Percentage of the other 941.4 % 10.6 %

Population growth (annual %)

Density

Gender

Demography