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Korea's GDP Ranking Falls to 13th
According to World Bank statistics,
The
China, the world's most promising developing country, meanwhile, rose two steps up the GDP ladder during the last two years to become the world's fourth biggest economy in 2006 from the sixth largest in 2004.
The oil rich
Economists attribute the fall to the low economic growth rate.
Korea's per capita GNI recorded $17,690, the 49th highest in the world.
The