GDP per capita to exceed $50,000 next year
Machine translated
Nominal GDP has hit a record growth rate of 27% compared to the previous year, the highest since '79. Even if we assume an average exchange rate of 1,400 KRW this year, it's at the $45,000 level, and if it grows by just 10% next year with the rate at 1,300 KRW, it will easily surpass $50,000. Wow
It is now on par with Italy, and next year it will be similar to France and Canada. Total GDP is also back in the top ten... The semiconductor boom is truly massive..
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