Compare the economies of the countries

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Economy power of South Korea & Vanuatu

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South Korea vs Vanuatu

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South Korea Vanuatu
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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 Vanuatu is an island country which is located in the South Pacific Ocean. It’s also known as the Republic of Vanuatu. There are three official languages spoken by the citizens which are Bislama, English and French. As far as religion is concerned, over 93% of the entire Vanuatu population is Christian. Port Vila is the capital and the largest city in the country. More about Vanuatu

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

South Korea Vanuatu
Position in the ranking of countries 14 (2023) 168 (2023)
GDP [US$] 1,712,792,854,202 1,126,313,359
Percentage of the other 152070.7 % 0.1 %

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 Vanuatu
Position in the ranking of countries 12 (2023) 165 (2023)
GNI [US$] 1,744,702,631,805 1,281,011,717
Percentage of the other 136197.2 % 0.1 %

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 Vanuatu
Position in the ranking of countries 53 (2023) 77 (2022)
External balance [US$] 884,838,156 -410,467,205
Percentage of the other -215.6 % -46.4 %

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 Vanuatu
Position in the ranking of countries 53 (2023) 77 (2022)
Unemployment [%] 2.60 5.06
Percentage of the other 51.4 % 194.6 %

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 Vanuatu
Position in the ranking of countries 28 (2023) 170 (2023)
Population 51,712,619 320,409
Percentage of the other 16139.6 % 0.6 %

Population growth (annual %)

Density

Gender

Demography