South Korea - Market Overview
www.trade.gov › country-commercial-guides › southAug 13, 2021 · Korea’s Gross Domestic Product (GDP) in 2020 was $1.63 trillion, ranking 12th in the world and third in East Asia (IMF estimates). Korea’s national debt reached 1,985 trillion won ($1.78 trillion), surpassing its annual gross domestic product for the first time ever. As such, the IMF warned South Korea to closely monitor government spending ...