Japan and South Korea Macro Performance Compared

Japan and South Korea provide an interesting contrast of fortunes in recent years. Japan has struggled to break free from nearly twenty years of deflationary equilibrium whilst South Korea has enjoyed a period of sustained economic growth, entry into the OECD group of nations and a significant convergence in income per capita with Japan.

This set of charts provides some of the key macroeconomic data for each country drawing on data produced for the International Monetary Fund's twice-yearly World Economic Outlook.