Job Recruitment Website - Ranking of immigration countries - As both moderately developed countries, South Korea and Spain, who is more developed?
As both moderately developed countries, South Korea and Spain, who is more developed?
In the 2018 United Nations Human Development Report, South Korea scored 0.903 and Spain scored 0.891 in terms of the degree of development of each country. So South Korea is more developed.
Data from the World Bank in 2018 show that South Korea’s total GDP in 2018 was 1.62 trillion US dollars, ranking 12th in the world; Spain’s total GDP in 2018 was 1.42 trillion US dollars, ranking 12th in the world. In 13th place, South Korea leads Spain by US$200 billion. In terms of economic aggregate, South Korea surpassed Spain.
The same data shows that South Korea’s per capita GDP in 2018 was US$31,300, while Spain’s per capita GDP was US$30,600. In terms of GDP per capita, South Korea still leads Spain.
Spain’s manufacturing industry is mainly concentrated in low-end manufacturing industries such as food, textiles and clothing. Currently, there is little improvement in high-end manufacturing. South Korea's industrial development level is relatively developed. Under the leadership of leading companies such as Samsung, South Korea's industry mainly covers automobiles, electronics, shipbuilding, steel, petrochemicals, textiles and other sectors, and the output value of these industrial fields ranks among the top ten in the world. In terms of industry, South Korea is still the leader.
Continuing to speak with data, in terms of manufacturing added value, South Korea’s manufacturing added value in 2018 was US$440.9 billion, ranking fifth in the world, while Spain’s manufacturing added value was only US$180.2 billion, ranking third in the world. Ranking 14th in the world, with a difference of 9 places, South Korea leads again. In terms of industrial added value, Spain's industrial added value was US$312.5 billion, while South Korea's industrial added value reached US$568.7 billion in 2018, with South Korea leading Spain.
From this point of view, South Korea is ahead of Spain in many aspects. Although Spain was brilliant before, looking at it now, South Korea is indeed ahead. I hope my answer can help you, this is my opinion, thank you.
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