5 Most Respected Countries in Asia

3. South Korea

Human Development Index: 0.925

Human Rights Index: 0.920

Average Index: 0.923

South Korea reported an HDI of 0.925. The GDP per capita in the country is reported to be $56,710 in 2023. South Korea’s economy grew by 1.4% in 2023.

The country is widely respected for its highly advanced mixed economy, ranking as the 4th largest in Asia and 12th globally by nominal GDP at ₩2.24 quadrillion (US$1.72 trillion). Recognized for its remarkable transition from an underdeveloped to a high-income country within a few generations, often dubbed the “Miracle on the Han River,” it has gained membership in prestigious economic forums like the OECD and the G20. Its potential influence in the global economy is also confirmed by its inclusion in the Next Eleven countries.