Korea’s per-capita gross national income fell for the first time in six years last year as growth plunged below three percent and the won weakened.
Per-capita GNI has been stuck below US$30,000 for 10 years, leaving the country floundering in a middle-income trap.
The Bank of Korea on Friday said … …read more
Source:: Chosun Ilbo
Per-Capita Income Drops for 1st Time in 6 Years
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