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Korea at a Glance
Korea at a Glance
South Korea’s meteoric rise to become one of the leading Asian economies and its rapid progression tends to be a well-kept secret only known to those who have experienced firsthand the drive and energy of the country. Close to China, low import tariffs and Free Trade Agreements with most of the World’s leading economies together with a mature legal and commercial infrastructure make Korea an easy and safe place to do business.
  • Central and all Provincial
    Government
    Annual Expenditure
    US$294billion
  • Population
    51,744,948
  • World’s
    (Source : Ministry of Trade, 2022)
    6thlargest exporter
  • World’s
    (by value and completion)
    No.1ship building
  • Nominal GDP
    World Rank 12th
    (Source : Statistics Korea, 2022)
    $1.73trillion
  • Inflation (CPI)
    (Source : Statistics Korea, 2023)
    1%
  • Land Area
    100,188km²
  • Water Area
    440,000km²
  • Coastline
    15,257km
  • Number of Islands
    3,677