Hey, I was wondering if any of you think that South Korea as a whole is considered to be a developed nation in your eyes?

For me, I certainly think it is a developed nation since its GDP, GDP Per Capita, and all of its industries are well developed and maintained.

i definetely think so. i remember when i visited there were more pc-cafe's then there were macdonalds/burger kings/loterrias/etc... :eek2:

ahh! loterria! love that place

i definetely think so. i remember when i visited there were more pc-cafe's then there were macdonalds/burger kings/loterrias/etc... :eek2:

the same in Bulgaria .... but it isn`t very developed

The only thing that says "Korea is not a developed nation" is its GDP/capita. But... I said yes anyway because GDP/capita will soon reach the level of developed countries.

Just throwing some economic figures in Korea for the reference....;)


Korea's PPP per capita = $ 19,600 (2003)

( Equaling New Zealand and Spain. No.4 in Asia after Singapore, Hongkong and Japan. )

Korea's GDP per capita = $ 12,650 (2003) ( 22nd in OECD, not bad considering OECD is an organisation that comprises of all the developed nations in the world )

Korea's Total GDP is world's 11th largest, larger than Russia, India, Mexico and Brazil who are all at least twice larger than Korea in terms of population.

Just throwing some economic figures in Korea for the reference....;)


Korea's PPP per capita = $ 19,600 (2003)

( Equaling New Zealand and Spain. No.4 in Asia after Singapore, Hongkong and Japan. )

Korea's GDP per capita = $ 12,650 (2003) ( 22nd in OECD, not bad considering OECD is an organisation that comprises of all the developed nations in the world )

Korea's Total GDP is world's 11th largest, larger than Russia, India, Mexico and Brazil who are all at least twice larger than Korea in terms of population.


Not accurate, Korea's GDP is not bigger than mexican, that is tenth world economy, anyways Korea is a developed nation without any doubt.

:)

Not accurate, Korea's GDP is not bigger than mexican, that is tenth world economy, anyways Korea is a developed nation without any doubt.

:)

Whoops, sorry. The last time I checked, Korea was actually ranked 10th in the world, Mexico being placed just one place below Korea. I might have mixed up Korea's place with Mexico's place. ( Although there's almost non-existent difference between them in terms of total GDP ) :)



Ranking Country GDP ($US) Capita per GDP(US$)

1. USA 10.8 trillion 37760
2. Japan 4.3 trillion 33720
3. Germany 2.38 trillion 29400
4. U.K 1.77 trillion 30180
5. France 1.73 trillion 28780
6. Italy 1.45 trillion 25687
7. China 1.39 trillion 1078
8. Spain 850 bilion 20844
9. Canada 846 bilion 27522
10 S.Korea 640 billion 12870
11. Mexico 635 billion 5750
12. India 580 billion 510
13. Netherland 510 billion 31660
14. Australia 508 billion 25430
15. Brazil 495 bilion 3550
16. Russia 455 billion 2950
17. Switzerland 311 billion 42008
18. Belgium 301 billion 30001
19. Sweden 297 billion 27140
20. Austria 289 billion 31085
21. Taiwan 287 billion 12537
22. Turkey. 232 bilion 3100

Just for the reference, here's the PPP ranking of OECD countries,



GDP PPP (OECD)

1.(United States)
$ 10,400,000,000,000

2.(Japan)
$ 3,550,000,000,000

3.(Germany)
$ 2,184,000,000,000

4.(France)
$ 1,540,000,000,000

5.(United Kingdom)
$ 1,520,000,000,000

6.(Italy)
$ 1,438,000,000,000

7.(S.Korea)
$ 931,000,000,000

8.(Canada)
$ 923,000,000,000

9.(Mexico)
$ 900,000,000,000

10.(Spain)
$ 828,000,000,000

GDP isn't the only thing that determines if the country is developed or not. Many developed countries vary greatly in GDP as well. Education,law,healthcare, economy,science and infrastructure are some of the things people should consider as well.

After seeing the commiesblock of Budapest and Prague, and those of Seoul (in picture only). I think that S Korea is rather develloped and has little to envy to us. (looking from here, I can't judge the exact situation in Korea cause I've never been by myself in Korea).