Most Popular
-
1
Jimin of BTS, actor Song Da-eun suspected to be dating, again
-
2
‘Malice should not undermine the system, social order,’ says Hybe's Bang
-
3
N. Korea says it test-fired tactical ballistic missile with new guidance technology
-
4
[Weekender] Geeks have never been so chic in Korea
![[Weekender] Geeks have never been so chic in Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/16/20240516050845_0.jpg&u=)
-
5
NewJeans members submit petitions over court injunction in Hybe-Ador conflict
![[Weekender] Geeks have never been so chic in Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/16/20240516050845_0.jpg&u=)
-
6
S. Korea's exports of instant noodles surpass $100m for 1st time in April: data
-
7
[Herald Interview] Byun Yo-han's 'unlikable' character is result of calculated acting
![[Herald Interview] Byun Yo-han's 'unlikable' character is result of calculated acting](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/16/20240516050855_0.jpg&u=)
-
8
[News Focus] Mystery deepens after hundreds of cat deaths in S. Korea
![[News Focus] Mystery deepens after hundreds of cat deaths in S. Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/17/20240517050800_0.jpg&u=)
-
9
US Air Force blames power loss, weather for F-16 crash in S. Korea in May 2023
-
10
Samsung expected to introduce new Exynos processor in next Galaxy series
![[Herald Interview] Byun Yo-han's 'unlikable' character is result of calculated acting](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/16/20240516050855_0.jpg&u=)
![[News Focus] Mystery deepens after hundreds of cat deaths in S. Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/17/20240517050800_0.jpg&u=)
[THE INVESTOR] South Korea ranked No. 11 worldwide in gross domestic product in 2015, with its global status rising two notches from a year earlier, data showed on Aug 16.
According to the data from the World Bank, the nation’s nominal GDP came to US$1.38 trillion last year, up from the No. 13 spot a year earlier. But the value was down 2.4 percent from US$1.42 trillion the previous year.
GDP, the broadest measure of an economy’s performance, is the total value of goods and services produced within the economy in a given period.
It is the first time in nine years that South Korea has regained its No. 11 place in the global GDP rankings. Seoul’s standing tumbled to No. 15 in 2008 amid the global financial crisis.
(theinvestor@heraldcorp.com)
According to the data from the World Bank, the nation’s nominal GDP came to US$1.38 trillion last year, up from the No. 13 spot a year earlier. But the value was down 2.4 percent from US$1.42 trillion the previous year.
GDP, the broadest measure of an economy’s performance, is the total value of goods and services produced within the economy in a given period.
It is the first time in nine years that South Korea has regained its No. 11 place in the global GDP rankings. Seoul’s standing tumbled to No. 15 in 2008 amid the global financial crisis.
(theinvestor@heraldcorp.com)
