Korea's per capita GNI unlikely to reach $30,000 in 2017
March 5, 2017
South Korea is unlikely to reach its long-held target of $30,000 in gross national income per capita this year, as its economy is losing steam at a faster pace, local experts said Sunday.The GNI per capita refers to the total domestic and foreign output by residents of a country, reflecting the income level of the economy.South Korea's GNI per capita was $27,340 in 2015, ranking 46th in the world, with 43 countries over the $30,000 level, regarded as "advanced economies."For last year, South Kor