Over the past 45 years, the economic trajectories of the two countries have been drastically different.

In 1980, South Korea's per capita GDP (Purchasing Power Parity) was only $2,000, while Venezuela was at $8,000 — it seemed that Venezuela was far ahead. But by 2025, the story has completely reversed.

South Korea's per capita GDP skyrocketed to $65,080, an increase of over 32 times. And Venezuela? It was almost stagnant at $8,780, with less than a 10% increase over 45 years.

This stark contrast reveals a fundamental truth: initial resource advantages do not guarantee long-term prosperity. Institutional choices, policy directions, and economic management are the key factors that determine a nation's wealth growth. For those considering asset allocation and long-term investment strategies, this is an enlightening case.