Venn Diagram - Taiwan and S Korea

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Economic comparison between

S.Korea & Taiwan


By: Seyun P.1

South Korea

Similarities

27th in global ranking


Umemployment: 3.1%
Curency: Korean Won
Exports: 573 billion dollars

Taiwan

Few natural resources

14th in global ranking

Umeployment: 3.9%

Currency: New Taiwan Dollar

Relies heavily on imports

available

Both are economic tiger


Both are in Pacific Rim
Both are influenced by
(about 98%)

GDP: 1.8 trillion dollars

Japan

Very corrputed govenrment

GDP: 1.1 trillion dollars

South Korea

Has largest shipbuilding

Similarities

Taiwan

In terms of economy, both

industry

Successful industry: radios,

are in top 10 in Asia


televisions, calculators, and

Successful industry:

automobile, steel, and

Focuses mainly in exports


computers

chemical

Small international country


Inflation: 1.2%
Top trading nation

Both economies are mostly

Seeks to be a country

Inflation: 1.3%

Highly motivated workers

Well trained work force

free

Both are small


Famous for rice
Have relation to China

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