Taiwan

Same

South Korea

It is an island
23 million people
36,200 sq. km. of land
Foreign investment: $-1.96billion
$
Export: $196.3 billion
import: $180.9 billion
GDP: $20,700 billion
PPP: $36,900 billion

both are connected to the sea

both are asian countries
both have no diplomatic ties
both had been colonized by Japan
they were known as Four Asian Tigers

it is a peninsula
50 million people
99,600 sq. km. of land
Foreign investment: $4.66 billion
Export: $362.8 billion
Import: $347.2 billion
GDP: $22,500 billion
PPP: $ 29,600 billion

We can conclude from this assignment that both Taiwan and South Korea have similar
history and background. Both country however do not have diplomatic ties. This is the result of
South Koreas recognition of Peoples Republic of China, which made the relationship with
Taiwan sour.
The economy is also not going as good for Taiwan as it is for South Korea. South Koreas
GDP is much higher than that of Taiwan, but its Purchasing Power Parity is lower than that of
Taiwan. Regardless, both countries are still doing very well on the international level in terms of
the economy.
https://www.quora.com/Why-isnt-Taiwan-as-rich-as-Hong-Kong-Singapore-or-South-Korea
http://english.cw.com.tw/article.do?action=show&id=13855