MEDC: South Korea
per capita income levels
The GDP (Gross Domestic Product) in South Korean was remaining 1.305 trillion USD in 2013. South Korean is taking 8th place on OECD’s by 29,038 USD disposable income, 36,757 USD gross income and 21 percent of compulsory deduction. Monthly average wage in PPP, is 2,903 USD. South Korea is the highest average salary country from Asia with 31,051 USD. South Korea is one of the fastest growing economies in the world from the early 1960s to 1990s.
Access to safe drinking water
South Korea supplies above average ability safe water to the 92 percent citizens. They had struggle about water pollution by discharge of sewerage and industrial effluence, but they over came with it. Majority of their Rivers and Lakes are now in Class I and II with the purification process. Clean water is important for the economic growth of the country, sustainability of the country and also for the human growth. South Korean should be keeping the water clean, for every person the get safe water to drink not to have effects on the economy is well.
Unemployment and Under employment & Adult literacy rate
Life expectancy
Life expectancy in South Korea increased 0.4 year by 81.4 years from 80 of last year. 77.9 years for male and 84.6 years for female, taking 6th place of all countries. Female’s life expectancy is 6.7years longer. In 1970s the life expectancy used to be around 65, but in 40 years it increase rapidly, amazingly. Although the life expectancy increased, the health expectancy is not long as life expectancy.
Infant mortality rate
South Korea has under 5 (per 1000) infant mortality rate. Recently, Infant mortality rate is now totaled to 3.93 deaths per 1,000 live births. Male, 4.13 deaths per1,000 live births and female 3.73 deaths per 1,000 live births. In South Korea the life expectancy is more, therefore there are more old societies than young. The infant mortality is decreasing, which is beneficial for population of young society to increase.
|
Bibliography
- "South Korea Unemployment Rate 1999-2014 | Data | Chart | Calendar."South Korea Unemployment Rate. N.p., n.d. Web. 06 Nov. 2014.
- "Korea, Rep." Data. N.p., n.d. Web. 05 Nov. 2014.
- "South Korea Infant Mortality Rate." - Demographics. N.p., n.d. Web. 06 Nov. 2014.