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Hi all. I’m Emma, an audience engagement staffer at Nikkei Asia. I wanted to share an excerpt from this story with you, if it’s of interest. If this doesn’t belong in this sub, please let me know!
*South Korea outstripped Japan in per capita gross domestic product for the first time ever in 2022, new data from Tokyo shows, a reversal caused by Japan’s weak yen and aging population.*
*South Korea also topped Japan in 2023, the Cabinet Office said in the annual economic data released Monday. South Korean GDP figures received a boost from the nation’s retroactive revisions.*
*Japan’s per capita GDP declined to $33,849 in 2023 from $34,112 in 2022. South Korea’s figure came to $34,822 in 2022 and $35,563 last year.*
*South Korea had not surpassed Japan in comparable statistics dating back to 1980.*