This chart compares the Gross Domestic Product (GDP) of South Korea, Japan, China, and Taiwan from 1980 to 2023. It provides a clear view of the economic growth trends within these nations, highlighting China's rapid expansion and Japan's long-term economic stagnation. During this period, both Taiwan and South Korea also demonstrated significant growth.
Gross Domestic Product (GDP) refers to the total market value of all final goods and services produced within a country over a specified period. It is widely used as an indicator of the size and growth rate of an economy.
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