Page 53 - Nuvama | IC Report 2023
P. 53
INDIA: THE 5D ADVANTAGE
74
40
35 70 Exhibit 6:
Demographic edge
led to investment
30 66 boom in Korea…
(% of GDP) 25 62 (%)
20
58
15
54
10
5 50
1960 1970 1980 1990 2000 2010 2020
South Korea investment rate (% of GDP) South Korea working age population share (RHS)
Source: UN, Nuvama Research
45 74 Exhibit 7:
… as well as China
40
70
35 66
(% of GDP) 30 (%)
25 62
20 58
15 54
1960 1970 1980 1990 2000 2010 2020
China investment rate (% of GDP) China working age population share (RHS)
Source: UN, Nuvama Research
Note: Working age population from 15–64 years
51
