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CompareEconomy.com Comparison of world economies

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Economy power of South Korea & Papua New Guinea

South Korea Flag svg Papua New Guinea Flag svg

South Korea vs Papua New Guinea

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South Korea Papua New Guinea
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World Rank 14 8.38 World Rank 123 1.77
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 official name of the nation is the Independent State of Papua New Guinea and it is a nation located in Oceania. It shares the island of New Guinea with Melanesia In spite of that, the nation still has a large area of land exceeding 462,000 square kilometers.  More about Papua New Guinea

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

South Korea Papua New Guinea
Position in the ranking of countries
GDP [US$] 1,810,955,871,380 26,594,305,745
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

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(United States of America (USA))

South Korea Papua New Guinea
Position in the ranking of countries
GNI [US$] 1,831,116,833,541 25,499,665,355
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)

South Korea Papua New Guinea
Position in the ranking of countries
External balance [US$] 64,807,781,892 520,159,449
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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(South Africa)

South Korea Papua New Guinea
Position in the ranking of countries
Unemployment [%] 3.64 2.83
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)

South Korea Papua New Guinea
Position in the ranking of countries
Population 51,744,876 9,949,437
Percentage of the other

Population growth (annual %)

Density

Gender

Demography