Economy Index Comparison- South Korea vs North Korea in 1960-70'S-
SK - Administration : Park Junghee
NK - Administration : Kim Ilsung
1. GNP:
SK 94USD NK 325USD
2. Production Capacity Comparison (Major Goods/ Energy/ Industry) -
Steel Processing Capacity:
SK 0.8 NK 56.1
Chemical Fertilizer: SK 3.8 NK 86
Iron ORE:
SK 14 NK 116
Electricity: SK 20 NK 116
Cement: SK 51 NK 207
Coal: SK 590 NK1200
Catch (Fishery): SK 45 NK 59
Total population Ratio:
SK 1.0 NK 0.5 (Only a half the population of S. Korea)
Park's South Korea was significantly outdone by North Korea when it had a population and manpower twice more
than that of North Korea.
Other Notable Stastical Facts on South Korean Economy during Park Junghee Administration-
Population with no Formal Employment: 74.9%
Poverty Rate: 76.7%
Consumer Pricing-Index Increase: 25.7%
Realestate Pricing-Index Increase: 33.1%
Foreign Debt Accrued: 30 Billion USD
*He is also heavily criticized for tempering with laws, and commiting government budget in creating brothel/ prositution network exclusive to American GI's.
Sources: the Statistics Korea (Department of Statistics Republic of Korea / South Korea); CIA World Factbook; United Nations; Nationmaster.com; OECD.