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The Asian Games are being organized in China, the world's second largest economy. In which 45 countries of the world have participated. But we are not talking about sports here. Rather, we will talk about a country whose economy is not even half that of India, and which has won almost double the number of medals in the Asian Games till October 5.
Yes, today we are talking about Republic of Korea, which is also known as South Korea. The medal tally of Asian Games is at third position. Whereas South Korea is at 12th position in the world in terms of economy. If we talk about India, India is at fourth position in the tally of Asian Games, whereas in terms of economy, it is the fifth largest economy in the world. So let's talk about the economy of South Korea and try to compare it with India.
Korea is ahead of India in Asian Games
If we first talk about the Asian Games, then South Korea may be only one position ahead of India, but the number of medals is almost double. Yes, if we look at the figures, South Korea has won 149 medals before the end of October 5. In this, the number of gold medals won is 33, silver medals are 45 and bronze medals are 71. If we talk about India, the number of medals in all three categories is very less. The number of gold medals is 20, silver is 31 and the number of bronze medals is only 32. In this way, in the same period, India has so far won only 83 medals. By the way, India's Asian Games performance has been so great after many years.
Where does South Korea stand on the economy front?
If we talk about economic front then South Korea is nowhere compared to India. Where India is the fifth largest economy in the world. On the other hand, South Korea is not even in the top 10. According to statistics, according to Forbes report, South Korea's economy is 1720 billion dollars i.e. 1.720 trillion dollars. The world's 12th largest economy, Russia is ahead of Brazil, Canada, Italy, France and India. Whereas India is the fifth largest economy in the world. At present, India's GDP figure is 3,740 billion dollars i.e. 3.740 trillion dollars. Which is more than double that of South Korea.
South Korea is also lagging behind in terms of growth
If we talk about economic growth, South Korea is far behind. According to the IMF report, South Korea's economic growth in 2023 may be 1.5 percent. Whereas the economic growth of the year 2024 is estimated to be more than 2 percent. On the other hand, recently the World Bank has maintained India's growth at 6.5 percent in its outlook. Whereas India's economy may become even better for the coming financial year. At present, India's economy is in a much better condition than any other country in the world.
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