KR
EnglishKorea 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
8th largest exporter
World’s(by value and completion)
No.1 ship building
Nominal GDPWorld Rank 12th(Source:IMF)
US$ 1.49trillion
Inflation (CPI)(Source : Statistics Korea, 2017)
2.2%
Land Area
100,188km²
Water Area
440,000km²
Coastline
12,607km
Number of Islands
3,237
