• volodya_ilich@lemm.ee
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    2 months ago

    From your own source:

    The Republic of Korea has had a remarkable economic performance since the early 1960s, achieving per capita income of $27,000 to become the world’s eighth-largest trading nation.1 However, the economy’s recent growth performance has been rather disappointing. Gross domestic product (GDP) growth averaged only 4.1% during 2000–2010, marking a significant drop from the average of 7.9% achieved during 1960–2000. Moreover, from 2011 to 2015, the Republic of Korea’s GDP growth averaged only 3.0%

    So you’re choosing to cherrypick a few decades of comparably similar growth (2 points percentage difference), growth was relatively stable since the 60s as I said.