This paper examines South Korea's macroeconomic performance and experience with external debt during 1960-1986. Most of Korea's debt was accumulated during three periods: 1966-69, 1974-75 and 1979-81.
In 2019, there were 37 billionaires in South Korea and the figure was projected to reach 38 in 2024. That year, 721 out of 2,335 billionaires were living in Asian countries.