Until the early 1980s Gangnam and its neighboring areas had remained the least developed in Seoul, but prodigious development over the last 30 years has earned it a reputation of being one of the most affluent, dynamic, and influential areas in both Seoul and South Korea as a whole.
Sampai awal 1980-an Gangnam dan daerah sekitarnya tetap yang paling berkembang di Seoul, tetapi perkembangan luar biasa selama 30 tahun terakhir telah menerima sebuah reputasi sebagai salah satu daerah yang paling makmur, dinamis, dan berpengaruh baik di Seoul dan Korea Selatan secara keseluruhan.