South Korea and Saudi Arabia, which country is richer?

Comparatively speaking, Saudi Arabia is richer than South Korea, at least the per capita income of the people is much higher than that of South Korea. Koreans are only a small number of people who are relatively wealthy, but in fact, there are many poor people.

Saudi Arabia is richer because Saudi Arabia has a natural resource advantage and is rich in oil, which is sometimes the blood of modern industry.

Saudi Arabia is a real tyrant, and oil is a hard currency in today's world, and it is a rich country. South Korea is a small power in Asia, yes, but it should not be as rich as Saudi Arabia.

I don't think any country dares to compare its wealth with Saudi Arabia, except for the United States, after all, they print money.

The reason for this is because of Saudi Arabia, which is located in the Middle EastIf Saudi Arabia were elsewhere on the planet, it is estimated that this country will not receive too much attention, but it is located in the Middle East. There are not only mines, but also oil mines in the Saudi region. The country with scientifically proven oil reserves is now second only to Canada, accounting for 24% of the world's total oil explored.

So the local tyrants in Saudi Arabia will have a lot of wealth.

In the past few decades, Saudi Arabia, as the largest economy in the Arab world, has seen its economy soar as a whole, with its GDP ranking climbing from 43rd in 1970 to 19th in 2017.

On the other hand, the welfare of the Saudis is pervasive in all fields, from education to energy. **Every year, money is paid for students to go abroad for further study, domestic oil** is unimaginably low, and electricity bills are even so low that residents of the capital Riyadh don't bother to turn off the air conditioner at home when they go out for vacation in the summer. So many people have the state to take care of all aspects of their lives, and they don't have to worry about anything at all.

But a country is so big, there will always be shadows that the sun can't reach. Most Saudis are not as wealthy as you might think, and studies show that the number of poor Saudis is gradually increasing.

Secondly, most people in Saudi Arabia are like us, working hard for firewood, rice, oil, salt, sauce, vinegar and tea. Because of religion, most of the people in Saudi Arabia work outside the home to support their families. The good news is that as Saudi society opens up more and more, more and more women are going to work.

However, with the continuous influx of foreign workers in recent years, the employment space of the domestic people has been further squeezed. Saudi Arabia has almost zero tariffs on almost all imported goods. Driving a luxury car in Saudi Arabia does not mean that you have money.

Because Saudi cars are cheap, and every household in Saudi Arabia has three or four cars, which is not uncommon at all, Saudi Arabia looks rich and that is only for some people.

Saudi Arabia's main economy is oil, which is the most scarce resource in the world, and the selling price of oil is relatively high, while South Korea is indeed a country with tourism and entertainment as its main economy.

There are not only mines, but also oil mines in the Saudi region. The country with scientifically proven oil reserves is now second only to Canada, accounting for 24% of the world's total oil explored. So the local tyrants in Saudi Arabia will have a lot of wealth.

Because they mainly rely on selling oil, they are almost a monopoly in the world, so there are so many local tyrants.

Because there is a big gap between the rich and the poor in Saudi Arabia, the rich are especially rich, and the poor only eat garbage every day.

Saudi Arabia mainly sells oil, and selling oil can earn a lot of cash funds, so it looks very rich.

Because there are few Saudis, although the total GDP is not as high as that of South Korea, the per capita GDP is very high, so it looks rich.

I think the main reason is that many countries are very strong now, so they are so rich.