Compare the economies of the countries

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Economy power of South Korea & Singapore

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South Korea vs Singapore

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South Korea Singapore
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 The Republic of Singapore is a city-state that is located in Southeast Asia. Near it, we can find Malay Peninsula and Indonesian Islands. There is one main island with 63 minor ones. Interestingly, in spite of being just a city-state, there is a horrendous amount of people living there, making Singapore the second most densely populated nation in the world. There are four official languages, including Malay, Tamil, Chinese, and English. More about Singapore

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

South Korea Singapore
Position in the ranking of countries
GDP [US$] 1,712,792,854,202 501,427,500,080
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

South Korea Singapore
Position in the ranking of countries
GNI [US$] 1,744,702,631,805 420,675,068,720
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 Singapore
Position in the ranking of countries
External balance [US$] 884,838,156 187,333,096,508
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)

South Korea Singapore
Position in the ranking of countries
Unemployment [%] 2.60 3.18
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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(India)

South Korea Singapore
Position in the ranking of countries
Population 51,712,619 5,917,648
Percentage of the other

Population growth (annual %)

Density

Gender

Demography