Compare the economies of the countries

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Economy power of South Korea & Thailand

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South Korea vs Thailand

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South Korea Thailand
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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 Thailand was earlier on known as Siam. It is a nation that plays a crucial role in Southeast Asia where it is located. Since it is at the centre of the Indochinese Peninsula, it is bordered by many different nations, including Myanmar, Laos, Cambodia and Malaysia. Interestingly, they also share maritime borders with Vietnam, Indonesia, and India. It is important to know that in spite of being a constitutional monarchy, there have been several coups and periods of dictatorships enforced by military groups. More about Thailand

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

South Korea Thailand
Position in the ranking of countries
GDP [US$] 1,810,955,871,380 505,947,037,098
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 Thailand
Position in the ranking of countries
GNI [US$] 1,831,116,833,541 488,545,959,452
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 Thailand
Position in the ranking of countries
External balance [US$] 64,807,781,892 -1,212,617,779
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 Thailand
Position in the ranking of countries
Unemployment [%] 3.64 0.99
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 Thailand
Position in the ranking of countries
Population 51,744,876 71,601,103
Percentage of the other

Population growth (annual %)

Density

Gender

Demography