World Bank WDI · updated 2026-10-15 · 203 economies tracked
5.41 (2022)
#n/a of 203 economies
0.8%
1.6×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1970 - 2025. South Korea climbed from #19 to #34 (overtook Nicaragua). Gaps in a lane = missing data that year.
Key events for South Korea ↓Auto-detected from rank data + curated milestones
Currency crisis forces an IMF bailout and deep restructuring.
Rapid reform-driven rebound from the Asian crisis.
Export slump hits growth before a fast recovery.
Government Health Expenditure (% of GDP), General Government Gross Debt (% of GDP), Government Defence Expenditure (% of GDP), Government Revenue (% of GDP)
No community estimates yet for Government Education Expenditure (% of GDP) — be the first.