As an expert in economic and geopolitical studies, I have a deep understanding of the economic differences between South Korea and North Korea, two nations that share a peninsula but have diverged significantly in terms of economic development and policy.

South Korea, officially the Republic of Korea (ROK), has one of the world's most dynamic economies. It has transformed from a war-torn, impoverished nation to a global economic powerhouse in just a few decades. According to the CIA World Factbook, the GDP per capita in South Korea is approximately $33,200. This remarkable growth can be attributed to several factors:


1. Economic Policies: South Korea has pursued a market-oriented economic policy with a strong emphasis on exports and foreign investment. The government has actively supported industries through various incentives and has fostered a business-friendlread more >>

The GDP per capita is $33,200 in South Korea, while it is $1,800 in the North, according to the CIA World Factbook. ... By comparison, North Korea reported a relatively minuscule $7.3 billion. While North Korea runs a huge trade deficit, exports (goods and services) play an important role in South Korea's growth story.read more >>