Korean national economy

by lslzzt on 2008-08-21 16:19:24

How is South Korea's national economic level? Let's take a look! In 1995, South Korea's Gross National Product (GNP) reached 10,000 US dollars. Twelve years later, in 2007, it is expected to reach 20,000 US dollars. Based on a family of four, a household's income could reach 80,000 US dollars. An important factor for the rapid growth of South Korea's GNP within this short period is the will of the South Korean people to overcome the economic foreign exchange crisis (IMF), and the recent decline in exchange rates (Korean won appreciation). That is, it is the result of the diligence and enterprising spirit of the South Korean people, as well as the impact of external factors such as exchange rate changes.