Country comparison Barbados vs South Korea

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Gouvernement
GDP Growth (%) [+]20244.0%chart2.0%2024GDP Growth (%) [+]
7,925K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€6,625Mchart€1,733,173M2024Annual GDP [+]
Annual GDP [+]2024$7,169Mchart$1,875,388M2024Annual GDP [+]
GDP per capita [+]2024€22,779chart€33,4912024GDP per capita [+]
GDP per capita [+]2024$24,648chart$36,2392024GDP per capita [+]
€410,129M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20246,915chart863,3802024Debt (M.€.) [+]
Debt ($M) [+]20247,482chart934,2252024Debt ($M) [+]
Debt (%GDP) [+]2024102.92%chart49.82%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€24,491chart€16,6832024Debt Per Capita [+]
Debt Per Capita [+]2024$26,500chart$18,0522024Debt Per Capita [+]
Deficit (M.€) [+]2024-88chart-13,5742024Deficit (M.€) [+]
Deficit ($M) [+]2024-95chart-14,6882024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.31%chart-0.78%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20241,978.8chart390,542.82024Expenditure (M.€) [+]
Expenditure ($M) [+]20242,141.1chart422,588.72024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2024235.6chart99,274.82022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2024254.9chart97,329.32022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202514.19%chart14.31%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023139.9chart67,778,041,283.72024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023151.2chart91,829.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20237.81%chart15.50%2024Gov. Health Exp. (%Bud.) [+]
44,404.82024Defence Expenditure (M.€) [+]
48,048.42024Defence Expenditure ($M) [+]
11.32%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202429.46%chart22.53%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€7,009chart€7,5472024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$7,584chart$8,1662024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€810chart€1,9212022Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$876chart$1,8842022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€495chart€1,6742024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$536chart$1,7762024Gov. Health Exp. P.C. [+]
€8582024Defence Expenditure P.C. [+]
$9282024Defence Expenditure P.C. [+]
Moody's Rating [+]04/14/2025B2Aa205/09/2024Moody's Rating [+]
S&P Rating [+]10/24/2025B+AA08/07/2016S&P Rating [+]
Fitch Rating [+]00/00/0000B+AA-02/11/2020Fitch Rating [+]
Corruption Index [+]202369chart632023Corruption Index [+]
Competitiveness Ranking [+]201977ºchart13º2019Competitiveness Ranking [+]
Fragile States Index [+]202444.7chart29.82024Fragile States Index [+]
45º2024RTI Raking [+]
Innovation Ranking [+]202477ºchart6º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2015Q211.9%chart2.8%2024Q4Unemployment rate [+]
Unemployed [+]2015Q217Kchart814K2024Q4Unemployed [+]
NMW [+]2024$736.7chart$1,418.52025NMW [+]
€1,368.22025NMW [+]
$37,2292015Average Wage [+]
€32,2082024Average Wage [+]
Human Capital Ranking [+]201779ºchart27º2017Human Capital Ranking [+]
Markets
1,730.680002/06/2026Euro / South Korean won [+]
1,464.100002/06/2026US Dollar exchange rate [+]
28.29%02/09/2026Stock ExchangeYTD % [+]
Prices
3.1%March 2024CPI (overall index) [+]
Money Market
2.50%05/29/2025Key rates [+]
Business
Doing Business [+]2020128ºchart5º2020Doing Business [+]
1,489,363December 2023Passengers vehicles Year [+]
33.84December 2023Annual Vehicles/ 1,000 p. [+]
4,243,5972023Motor vehicle production [+]
Vehicles / 1,000 people [+]2015387.32chart457.802020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart28.9%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201117.50%chart10.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202028.5%chart51.9%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022539,700chart17,502,7562019Annual arrivals [+]
Exports [+]2023€425.9Mchart€584,690.5M2023Exports [+]
Exports [+]2023$460.5Mchart$632,225.8M2023Exports [+]
Exports % GDP [+]20236.85%chart34.28%2023Exports % GDP [+]
Imports [+]2023€1,950.7Mchart€594,258.9M2023Imports [+]
Imports [+]2023$2,109.3Mchart$642,572.1M2023Imports [+]
Imports % GDP [+]202331.39%chart34.84%2023Imports % GDP [+]
Trade balance [+]2023€-1,524.8Mchart€-9,568.4M2023Trade balance [+]
Trade balance [+]2023$-1,606.2Mchart$-10,346.3M2023Trade balance [+]
Trade balance % GDP [+]2023-24.54%chart-0.56%2023Trade balance % GDP [+]
Socio-Demography
60º2015Global AgeWatch Ranking [+]
Density [+]2023657chart5152024Density [+]
Global Peace Ranking [+]2023-1ºchart46º2024Global Peace Ranking [+]
1.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]2017111.7chart6,331.82017Remittance received ($M) [+]
% Immigrant [+]202012.11%chart3.33%2020% Immigrant [+]
% Emigrant [+]202034.59%chart4.25%2020% Emigrant [+]
Birth Rate [+]202311.17‰chart4.70‰2024Birth Rate [+]
Remittance sent ($M) [+]201720.1chart5,989.12017Remittance sent ($M) [+]
Crude death rate [+]202310.61‰chart7.00‰2024Crude death rate [+]
Fertility Rate [+]20231.71chart0.752024Fertility Rate [+]
4.40‰2024Crude marriage rate [+]
% risk of poverty [+]201625.7%
Population [+]2023282,336chart51,751,0002024Population [+]
Immigrant stock [+]202034,869chart1,728,1822020Immigrant stock [+]
Emigrant stock [+]202099,611chart2,204,5542020Emigrant stock [+]
HDI [+]20220.809chart0.9292022HDI [+]
Gender Gap Ranking [+]202431ºchart94º2024Gender Gap Ranking [+]
Life expectancy [+]202376.18chart83.702024Life expectancy [+]
Suicides [+]20151chart12,9062022Suicides [+]
Suicide rate [+]20150.42chart25.002022Suicide rate [+]
Number of homicides [+]202321chart2472023Number of homicides [+]
Rate Homicides per 100.000 [+]20237.44chart0.482023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20232.76chart11.042023CO2 Tons per capita [+]
Annual crude oil production [+]20241
Crude Oil Reserves [+]20212.0
Consumption GWh [+]20231,025chart564,1832023Consumption GWh [+]
Generation GWh [+]20231,090chart583,8712023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/2026593chart35,93401/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026109,141chart34,571,87301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/29/2023155,047chart44,372,67905/26/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20262,100.33chart694.3601/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/29/2023384,049chart129,647,78412/12/2022Doses administered [+]
Barbados
South Korea