Compare the economies of the countries

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Economy power of South Korea & Paraguay

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South Korea vs Paraguay

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South Korea Paraguay
World map with selected countries highlighted.
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 Paraguay, or as it goes by the official name the Republic of Paraguay, is a country located in South America with the capital city of Asuncion - the first established city by Spanish conquistadors in the region and the first capital of the governorate of the Rio de la Plata. More about Paraguay

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

South Korea Paraguay
Position in the ranking of countries 14 (2023) 92 (2023)
GDP [US$] 1,712,792,854,202 42,956,263,543
Percentage of the other 3987.3 % 2.5 %

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

South Korea Paraguay
Position in the ranking of countries 12 (2023) 93 (2023)
GNI [US$] 1,744,702,631,805 41,584,973,464
Percentage of the other 4195.5 % 2.4 %

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 Paraguay
Position in the ranking of countries 53 (2023) 52 (2023)
External balance [US$] 884,838,156 904,885,487
Percentage of the other 97.8 % 102.3 %

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)

South Korea Paraguay
Position in the ranking of countries 53 (2023) 52 (2023)
Unemployment [%] 2.60 6.09
Percentage of the other 42.7 % 234.2 %

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 Paraguay
Position in the ranking of countries 28 (2023) 104 (2023)
Population 51,712,619 6,844,146
Percentage of the other 755.6 % 13.2 %

Population growth (annual %)

Density

Gender

Demography