KOREA'S GDP PER CAPITA IS EXPECTED TO REACH $39,000 THIS YEAR

ON 20 JULY, KOREA'S GDP PER CAPITA IS EXPECTED TO INCREASE SIGNIFICANTLY THIS YEAR, THANKS TO THE SEMICONDUCTOR BOOM, WHICH BOOSTED EXPORTS, ACCORDING TO THE KOREAN FEDERATION. THE COMBINED 19-DAY DATA OF THE KOREAN MINISTRY OF FINANCE AND ECONOMY, THE CENTRAL BANK AND THE NATIONAL DATA OFFICE ARE EXPECTED TO REACH US$ 391.64 MILLION PER CAPITA GDP THIS YEAR, AN INCREASE OF US$ 2750, AN INCREASE OF 7.6 PER CENT, THE HIGHEST IN NEARLY FIVE YEARS SINCE 2021 (11.5 PER CENT)。