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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 & Saudi Arabia

South Korea Flag svg Saudi Arabia Flag svg

South Korea vs Saudi Arabia

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South Korea Saudi Arabia
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World Rank 14 8.38 World Rank
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 Kingdom of Saudi Arabia is the second largest country in the Arab World. Most of the Arabian Peninsula is controlled by the nation. Located in Western Asia, Saudi Arabia covers more than 2.15 million square kilometers. As a result, it is also the fifth-largest nation in Asia and 12th-largest in the entire world. More about Saudi Arabia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

South Korea Saudi Arabia
Position in the ranking of countries
GDP [US$] 1,810,955,871,380 833,541,236,569
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 Saudi Arabia
Position in the ranking of countries
GNI [US$] 1,831,116,833,541 717,195,466,666
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 Saudi Arabia
Position in the ranking of countries
External balance [US$] 64,807,781,892 86,870,240,458
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 Saudi Arabia
Position in the ranking of countries
Unemployment [%] 3.64 6.69
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 Saudi Arabia
Position in the ranking of countries
Population 51,744,876 35,950,396
Percentage of the other

Population growth (annual %)

Density

Gender

Demography