Despite the external similarities of economic models of two leading developing governments of South-East Asia and differences of their geography, resources and demography, the development of Japan and South Korea during recent years significantly diverge in their outcomes. Officially, Japan is the 3rd economy of the world on nominal amount of GDP, which, according to the data of World Bank, amounted to $4123 billion in 2015. By more objective index of GDP on purchasing-power parity, this amount is assessed much higher by this institution- $4738 billion, but according to this indicator, Japan is only the fourth biggest economy after India.
