South Korea

Economic Competitiveness Rating - South Korea Compared to Continent

Footnote

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Timor-Leste	3.20
Kyrgyztan	3.34
Tajikistan	3.37
Nepal	3.38
Cambodia	3.48
Bangladesh	3.55
Mongolia	3.60
Armenia	3.76
Pakistan	3.77
Georgia	3.83
Philippines	3.99
Sri Lanka	3.99
Vietnam	4.04
Azerbaijan	4.07
Uzbekistan	4.13
Kazakhstan	4.14
Indonesia	4.24
India	4.33
China	4.57
Thailand	4.70
Malaysia	5.10
Taiwan	5.25
Hong Kong	5.37
South Korea	5.40
Japan	5.43
Singapore	5.45

 

 

South Korea: Economic growth competiveness index

The Growth Competitiveness Index (GCI), aims to quantify the quality of the macroeconomic environment, the state of a country’s public institutions, and its level of technological readiness.

Higher competitiveness scores are more desirable:

• Very High – 5.51 to 7
• High – 4.51 to 5.50
• Moderate – 3.51 to 4.50
• Low - 3.01 to 3.50
• Very Low – 0 to 3.00

Source: World Economic Forum

 

South Korea has good house price statistics. The Kookmin Bank releases a monthly house price index. Good sources of economics statistics are the Korea National Statistical Office (KNSO) and the Bank of Korea.