Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

South Korea Ranks 5th in ‘Engineer Output per Capita Beating China

theguru Views  

South Korea has been shown to produce more engineers per capita annually than China. However, the absolute numbers show a difference of about ten times.

On the 28th (local time), Insider Monkey, a U.S. investment specialist media, released a report titled “Engineer Numbers by Country: Top 20 Countries”. Insider Monkey used UNESCO statistics to compile this report. The top 10 countries were determined using annual statistics of graduates in the fields of engineering, manufacturing, and construction, while the next 10 countries were determined using distribution statistics of higher education graduates by major.

South Korea ranked fifth, following Russia, the United States, Iran, and Japan, with an annual output of 148,857 graduates in the engineering field.

Insider Monkey analyzed South Korea as “famous for advanced technology companies like Samsung, LG, and Hyundai, which provide excellent opportunities for engineering experts” and said that “South Korea’s focus on innovation is revealed through massive government investment plans for nurturing green and digital technologies, such as the ‘Korean version of the New Deal.’ It is one of the world’s top engineering countries.”

China ranked sixth, following South Korea. As there was no UNESCO data for China in 2016, they referred to data from the World Economic Forum and others. The World Economic Forum claimed that China is producing 4.7 million graduates in the STEM (Science, Technology, Engineering, Mathematics) field, whereas U.S. government agencies reported it was about 1.6 million in 2014.

India followed next. With 34% of students choosing the STEM field, India emerged as the country producing the highest number of STEM graduates worldwide.

The global engineering services industry has grown at an average annual rate of 3.9% over the past five years and is expected to exceed $1.7 trillion by 2023. The industry expects that sufficient opportunities will be provided to engineering companies due to the ongoing economic growth, primarily in Asia and North America, and it is forecasted to continue growing steadily over the next five years.

By. Sung Il Hong

theguru
content@www.kangnamtimes.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • El Salvador's Bitcoin Reserves See $25 Million Surge After Trump’s Win
  • Who Is Susie Wiles? Meet Trump’s Loyal ‘Ice Baby’ and First Woman Chief of Staff
  • Trump’s 2nd Term Family Drama: Lara and Don Jr. Take Center Stage, Ivanka Steps Aside
  • Boston Dynamics’ Atlas Robot in Hot Dog Costume Stuns with Human-Like Skills
  • With $180M in Support, Musk Backs Trump’s Victory—And Makes It Meme-Worthy
  • Swifties and Celebrities Left Reeling After Trump’s Election Win

Weekly Best Articles

  • Is the Toyota Rumion the Best Value Minivan You Can Buy? Here’s Why It Might Be
  • Lexus Reveals Sporty New ES Facelift with Aggressive Design Changes
  • 2026 Toyota RAV4: Bigger, Bolder, and Hybrid-Only—Is It the Future of SUVs?
  • Byeon Woo Seok’s Hot Streak Continues—Wins Hot Character Award for the Sixth Consecutive Month
  • Jung Hae In Gets Personal: Family First and Thoughts on Marriage Revealed
  • Min Hee Jin Faces $3.6 Million Lawsuit Over ‘False Claims’ About NewJeans Management
  • NewJeans Makes Waves in Japan: ‘Supernatural’ Nominated for the Prestigious Japan Record Award
  • Bruno Mars and Rosé Set to Steal the Show at 2024 MAMA Awards with ‘APT.’ Performance
  • How Honda’s Edix MPV Turns a Compact Design into a Spacious 6-Seater – You’ll Be Shocked
  • Is Elon Musk’s Trump Support Killing Tesla’s Brand? Truth Behind the Sticker Backlash
  • Is China’s Xiaomi SU7 a Road Warrior or a Circuit Breaker? Shocking Track Failures Revealed
  • Lee So Ra Reacts to Unexpected Exit from ‘Supermarket Sora’ Show

You May Also Like

  • 1
    NewJeans Makes Waves in Japan: 'Supernatural' Nominated for the Prestigious Japan Record Award

    ENTERTAINMENT 

  • 2
    Bruno Mars and Rosé Set to Steal the Show at 2024 MAMA Awards with ‘APT.’ Performance

    ENTERTAINMENT 

  • 3
    How Honda’s Edix MPV Turns a Compact Design into a Spacious 6-Seater – You’ll Be Shocked

    TECH 

  • 4
    Is Elon Musk’s Trump Support Killing Tesla's Brand? Truth Behind the Sticker Backlash

    TECH 

  • 5
    Is China's Xiaomi SU7 a Road Warrior or a Circuit Breaker? Shocking Track Failures Revealed

    TECH 

Popular Now

  • 1
    Lee So Ra Reacts to Unexpected Exit from ‘Supermarket Sora’ Show

    ENTERTAINMENT 

  • 2
    Lee Min Jung Gets Into the Holiday Spirit Despite Busy Filming Schedule

    ENTERTAINMENT 

  • 3
    Kim Junsu to Pursue Legal Action Against Malicious Rumors Following Extortion Incident

    ENTERTAINMENT 

  • 4
    Chae Soo Bin’s Surprising Hobby? Lying Down and Eating Cereal to Recharge

    ENTERTAINMENT 

  • 5
    BTS’s Jin Reveals How His Military Experience Influenced His Music Career

    ENTERTAINMENT 

Weekly Best Articles

  • Is the Toyota Rumion the Best Value Minivan You Can Buy? Here’s Why It Might Be
  • Lexus Reveals Sporty New ES Facelift with Aggressive Design Changes
  • 2026 Toyota RAV4: Bigger, Bolder, and Hybrid-Only—Is It the Future of SUVs?
  • Byeon Woo Seok’s Hot Streak Continues—Wins Hot Character Award for the Sixth Consecutive Month
  • Jung Hae In Gets Personal: Family First and Thoughts on Marriage Revealed
  • Min Hee Jin Faces $3.6 Million Lawsuit Over ‘False Claims’ About NewJeans Management
  • NewJeans Makes Waves in Japan: ‘Supernatural’ Nominated for the Prestigious Japan Record Award
  • Bruno Mars and Rosé Set to Steal the Show at 2024 MAMA Awards with ‘APT.’ Performance
  • How Honda’s Edix MPV Turns a Compact Design into a Spacious 6-Seater – You’ll Be Shocked
  • Is Elon Musk’s Trump Support Killing Tesla’s Brand? Truth Behind the Sticker Backlash
  • Is China’s Xiaomi SU7 a Road Warrior or a Circuit Breaker? Shocking Track Failures Revealed
  • Lee So Ra Reacts to Unexpected Exit from ‘Supermarket Sora’ Show

Must-Reads

  • 1
    NewJeans Makes Waves in Japan: 'Supernatural' Nominated for the Prestigious Japan Record Award

    ENTERTAINMENT 

  • 2
    Bruno Mars and Rosé Set to Steal the Show at 2024 MAMA Awards with ‘APT.’ Performance

    ENTERTAINMENT 

  • 3
    How Honda’s Edix MPV Turns a Compact Design into a Spacious 6-Seater – You’ll Be Shocked

    TECH 

  • 4
    Is Elon Musk’s Trump Support Killing Tesla's Brand? Truth Behind the Sticker Backlash

    TECH 

  • 5
    Is China's Xiaomi SU7 a Road Warrior or a Circuit Breaker? Shocking Track Failures Revealed

    TECH 

Popular Now

  • 1
    Lee So Ra Reacts to Unexpected Exit from ‘Supermarket Sora’ Show

    ENTERTAINMENT 

  • 2
    Lee Min Jung Gets Into the Holiday Spirit Despite Busy Filming Schedule

    ENTERTAINMENT 

  • 3
    Kim Junsu to Pursue Legal Action Against Malicious Rumors Following Extortion Incident

    ENTERTAINMENT 

  • 4
    Chae Soo Bin’s Surprising Hobby? Lying Down and Eating Cereal to Recharge

    ENTERTAINMENT 

  • 5
    BTS’s Jin Reveals How His Military Experience Influenced His Music Career

    ENTERTAINMENT 

Share it on...