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S. Korea's GDP ranked 10th worldwide in 2019, down two notches: OECD

2020-05-27 5 Dailymotion

한국 GDP 순위 두 계단 밀려 세계 10위 수준... 금융위기 이후 첫 하락<br /><br />South Korea's GDP ranked tenth among 38 advanced and emerging economies in 2019, down two notches from the previous year.<br />That's according to the OECD, which says Asia's fourth-largest economy totaled one-point-six trillion U.S. dollars in nominal GDP last year... marking the country's first drop in the global GDP ranking since the 2008 global financial crisis.<br />As for the nominal economic growth last year, South Korea's stood at 1-point-4 percent... the third-lowest among 47 countries surveyed by the Paris-based organization.<br />Meanwhile, a survey of industry groups around the world has found that more than half expect the impact of the COVID-19 on the global economy to last longer than a year.<br />The OECD surveyed businesses in 20 member states which together account for 73 percent of the world's GDP.<br />

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