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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 & Venezuela

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South Korea vs Venezuela

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South Korea Venezuela
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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 Bolivian Republic of Venezuela is a nation situated on the northern coast of South America. It consists of its mainland and several islands and islets that are located in the Caribbean Sea. With a land coverage of 916,000 square kilometers, it is one of the largest nations in size in Latin America. The capital city and its largest urban agglomeration is Caracas. More about Venezuela

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

South Korea Venezuela
Position in the ranking of countries
GDP [US$] 1,810,955,871,380 482,359,318,767
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 Venezuela
Position in the ranking of countries
GNI [US$] 1,831,116,833,541 476,933,862,544
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 Venezuela
Position in the ranking of countries
External balance [US$] 64,807,781,892 -70,922,056,745
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 Venezuela
Position in the ranking of countries
Unemployment [%] 3.64 6.47
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 Venezuela
Position in the ranking of countries
Population 51,744,876 28,199,867
Percentage of the other

Population growth (annual %)

Density

Gender

Demography