Korean economy ranks 15th in the world for 5th straight year 한국 경제 규모 세계 15위...5년째 제자리

Click "CC" for Scripts Subscribe to Arirang News! http://www.youtube.com/subscription_center?add_user=arirangnews Korea held on to its place as the world's 15th largest economy by GDP in 2012, a ranking it's maintained since 2008. China saw its economy grow nearly 85-percent over the same five year period,... becoming the second largest economy in the world. Kim Min-ji reports. The Korean economy ranked 15th in the world in terms of gross domestic product last year,... accounting for 1-point-6 percent of the global economy. Korea's nominal GDP came to nearly 1-point-13 trillion U.S. dollars in 2012,... with its rank remaining unchanged for five straight years,... according to data from the World Bank Wednesday. Asia's fourth-largest economy ranked 11th in 2004,... but fell steadily until it settled at 15th in 2008. Since then, the ranking has not changed, a situation that market watchers attribute to the fallout from the global financial crisis. The U.S. topped the World Bank list with 15-point-seven trillion dollars,... followed by China, Japan, Germany and France. Meanwhile,... China's economy grew almost 85-percent between 2008 and 2012. Its GDP last year was 8-point-three-six trillion dollars,... seven times larger than the Korean economy. During the same period,... the emerging markets of Brazil and India moved up two notches each,... while European countries suffering from economic recession such as Italy and Spain, fell. The World Bank data also showed that Korea ranked 49th in terms of gross national income last year,... moving up four notches from 2011. Kim Min-ji, Arirang News.