Thursday, January 20, 2011

Korea and Moldova.....how different?

If South Korea were your home instead of Moldova you would...
 
....make 12.2 times more money
The GDP per capita in South Korea is $28,000 while in Moldova it is $2,300
This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.
Source: CIA World Factbook
 
....consume 11.4 times more oil
South Korea consumes 1.8782 gallons of oil per day per capita while Moldova consumes 0.1654
This entry is the total oil consumed in gallons per day (gal/day) divided by the population. The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Source: CIA World Factbook
 
....use 7.8 times more electricity
The per capita consumption of electricity in South Korea is 7,918kWh while in Moldova it is 1,012kWh.
This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
Source: CIA World Factbook
 
....spend 6.1 times more money on health care
Per capita public and private health expenditures combined in South Korea are $1,467 USD while Moldova spends $242 USD
This entry contains the per capita public and private health expenditure at purchase power parity using US Dollars. This figure combines government, personal, and employer spending on health care
Source: World Health Organization
 
....have 66.8% less chance of dying in infancy
The number of deaths of infants under one year old in a given year per 1,000 live births in South Korea is 4.24 while in Moldova it is 12.77.
This entry gives the number of deaths of infants under one year old in a given year per 1,000 live births in the same year; included is the total death rate, and deaths by sex, male and female. This rate is often used as an indicator of the level of health in a country.
Source: CIA World Factbook
 
....have 57.69% more chance of being unemployed
South Korea has an unemployment rate of 4.10% while Moldova has 2.60%
This entry contains the percent of the labor force that is without jobs.
Source: CIA World Factbook
 
....live 7.72 years longer
The life expectancy at birth in South Korea is 78.81 while in Moldova it is 71.09.
This entry contains the average number of years to be lived by a group of people born in the same year, if mortality at each age remains constant in the future. The entry includes total population as well as the male and female components. Life expectancy at birth is also a measure of overall quality of life in a country and summarizes the mortality at all ages. It can also be thought of as indicating the potential return on investment in human capital and is necessary for the calculation of various actuarial measures.
Source: CIA World Factbook
 
....have 21.86% more fewer babies
The annual number of births per 1,000 people in South Korea is 8.72 while in Moldova it is 11.16.
This entry gives the average annual number of births during a year per 1,000 persons in the population at midyear; also known as crude birth rate. The birth rate is usually the dominant factor in determining the rate of population growth. It depends on both the level of fertility and the age structure of the population.
Source: CIA World Factbook
 
....be 75% less likely to have HIV/AIDS
The number of adults living with HIV/AIDS in South Korea is 0.10% while in Moldova it is 0.40%.
This entry gives an estimate of the percentage of adults (aged 15-49) living with HIV/AIDS. The adult prevalence rate is calculated by dividing the estimated number of adults living with HIV/AIDS at yearend by the total adult population at yearend.
Source: CIA World Factbook
 
....experience 5.72% less of a class divide
The GINI index measures the degree of inequality in the distribution of family income. In South Korea is 31.30 while in Moldova it is 33.20.
This index measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the richest. The index is the ratio of (a) the area between a country's Lorenz curve and the 45 degree helping line to (b) the entire triangular area under the 45 degree line. The more nearly equal a country's income distribution, the closer its Lorenz curve to the 45 degree line and the lower its Gini index, e.g., a Scandinavian country with an index of 25. The more unequal a country's income distribution, the farther its Lorenz curve from the 45 degree line and the higher its Gini index, e.g., a Sub-Saharan country with an index of 50. If income were distributed with perfect equality, the Lorenz curve would coincide with the 45 degree line and the index would be zero; if income were distributed with perfect inequality, the Lorenz curve would coincide with the horizontal axis and the right vertical axis and the index would be 100.
Source: CIA World Factbook
 
Would you rather live in South Korea?

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