2 ms·
That's the wrong impression. South Korea GDP per capita is less than half the US, $56k vs $27k. (GDP PPP per capita is a bit closer at $56k vs $37k, but nomin
by jessriedel 10y ago
That's the wrong impression. South Korea GDP per capita is less than half the US, $56k vs $27k. (GDP PPP per capita is a bit closer at $56k vs $37k, but nominal GDP per capita is the relevant metric for the cost of producing an export.)