Korea′s GDP growth rate will drop over next 15 years and beyond: report   한국 경제성

Korea′s GDP growth rate will drop over next 15 years and beyond: report 한국 경제성


The Korean economy could be looking very different
in 2030 if the U.S. Department of Agriculture′s latest macroeconomic projections are anything
to go by. The report, released on Friday,… says
that,… in 15 years time,… Korea will be the 14th largest economy in the world with
the nation′s GDP growth rate edging down from around four percent now to just over
two percent in 2030. The report also suggests that Korea′s GDP
growth rate could slow even further after 2030,… dropping down into the one percent
range. The report also says the United States will
be far less dominant… with China almost entirely closing its gap with the U.S.
Several emerging markets,… including India and Brazil,… will become major global
players too.

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