Hey guys, welcome back to another episode here on FTD facts
my name is Leroy Kenton and we're looking at the countries of
Sweden and South Korea and you guys get to decide which country do you think is better? Okay
So this one is jump right into this episode. First up. We have Sweden
So Sweden is located in northern Europe, and it's bordered by Norway Finland, and it's connected to Denmark
The country is a third largest country in the European Union by land area and it has a very low
population density so check it Sweden's population
Is nine point nine eight million people and it's population density is twenty-two point one seven people per square
kilometers its total land area is
450 thousand two hundred ninety five square kilometers now
let me introduce South Korea South Korea is one of the biggest economies in Asia for many centuries South Korea was an
independent Kingdom
But after 1905 the country was ruled by the Japanese after Japan surrendered to the US in the Second World War
Korea regain its independence again, but the country was soon split between South Korea and
Communist North Korea South Korea has a population of 51 point one six million people and it's population densities
510 point five seven people per square kilometer
Ana has a total land area of a hundred thousand two hundred and ten square kilometers now
I want to talk about the money and the type of currency that these countries use
Sweden uses the Swedish Krona and one Swedish Krona equals
0.12 US dollars
South Korea uses the South Korean one and one South Korean Won equals zero point zero zero zero nine three
US dollars now
I want to take a little bit of a closer look at the economies of these two countries Sweden along with other Nordic countries
Like Norway Denmark, Finland and Iceland are the world's eleventh largest economy
The Swedish economy is a powerhouse of well running economies and one of the world's most dynamic
competitive and innovative
regions, it has a GDP of
510 billion dollars and his GDP per capita is forty-nine point two thousand dollars
based on the latest numbers
Sweden exported a total of three hundred and four billion dollars and their top exports were cars
refined petroleum and packaged medicaments
Okay now for South Korea South Korea ranks 13th among the world's largest economies
And it's grown a lot over the past 30 years
But despite that the country's does face structural problems such as under development financial market
population aging as well as dependence on exports and a decline of the country's competitiveness as
Chinese production moves up market
but in any case the GDP of South Korea is
1.4 one trillion dollars and as GDP per capita is thirty five point eight thousand dollars now looking at South Korea's top
Exports, they have integrated circuits at 10 percent cars at 7.7 percent and passenger and cargo
ships at five point two percent
All right, guys
So now I want to look at which country is more
Expensive to live in like what's gonna hurt your bank account a little bit more than the other one
so the cost of living in Sweden compared to South Korea looks like this so food in Sweden is 12% cheaper housing is
34% more expensive clothing is 2 percent more expensive
Transportation is 25 percent higher in Sweden. But when you look at personal care personal care is
24% less in Sweden the entertainment though is 16% more expensive
So the cost of living in Sweden is actually just 13% more expensive than in South Korea
but Sweden has a far less national debt their national debt sits at
206 point 8 5 billion dollars and their debt per citizen is twenty thousand nine hundred and ninety two dollars
South Korea's national debt is a lot higher at five hundred and thirty three point six four billion dollars
But your debt per citizen is lower at ten thousand five hundred and forty three dollars
Just like that that wraps up another witches better episodes sound off in the comments section all your thoughts and comments
Like what do you think about Sweden? What do you think about South Korea? Let me know all your comments down below
Yes, and you can also find my social media links are below in this video description as well
So you can follow me to see what I'm doing when I'm not filming these FTD facts
Episodes until next time guys you have been awesome, and I'll see you real soon
And hey before you get out of here your two playlists that I highly recommend
We have one on more which is better episodes where you can see more
Comparisons of the different countries and militaries and cities all around the world. Ok guys
So keep on watching and stay tuned here on MTV facts for new videos every single day