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Introduction

Capital: Seoul

Population

Total Population: 51,245,707
Natural Increase: 0.5%
Density: 526 Inhabitants/km²
Urban Population: 82.6%
Population of main cities: Seoul-Incheon (23,496,373); Busan (3,433,523); Daegu (2,677,006); Daejeon (1,616,142); Gwangju (1,593,942); Ulsan (1,049,023); Cheongju (766,253); Changwon (740,482); Jeonju (713,424); Pohang (517,410)
Ethnic Origins: The population of South Korea is the most ethnically homogeneous in the world, with over 99% of the population of Korean origin. Those of Chinese and Japanese origin represent less than 1% of the population.
Official Language: Korean
Other Languages Spoken: None
Business Language(s): English; however, businesspeople often read English better than they can speak it.
Religion: Population with religion: 53.1%. Among those who are religious: Buddhism (43.0%), Christianity (34.5)%, Catholicism (20.6%), other (1.9%).
National Currency: South Korean Won (KRW)
Exchange rate (average of the last 30 days):
1 KRW = 0.0008 EUR

Country Overview

Area: 100,280 km²
Type of State: Republic; parliamentary democracy with a presidential form of government
Type of Economy: High-income economy, OECD member, emerging financial market.
Economic model focused heavily on exports
HDI*: 0.898/1
HDI (World Rank): 17/188

Note: (*) The HDI, Human Development Index, is an Indicator Which Synthesizes Several Data Such as Life Expectancy, Level of Education, Professional Careers, Access to Culture etc.


Telecommunication

Telephone Code:
To call from South Korea, dial 001, 002, 008, 00365, 00700
To call South Korea, dial +82
Internet Suffix: .kr
Computers: 57.6 per 100 Inhabitants
Telephone Lines: 61.9 per 100 Inhabitants
Internet Users: 84.1 per 100 Inhabitants
Access to Electricity: 100% of the Population

Foreign Trade in Figures

 
Foreign Trade Indicators 20122013201420152016
Imports of Goods (million USD) 519,585515,584525,514436,499406,192
Exports of Goods (million USD) 547,870559,632572,664526,755495,426
Imports of Services (million USD) 107,794109,161114,741112,345110,436
Exports of Services (million USD) 102,298102,531110,96196,84492,828

Source: WTO – World Trade Organisation, 2017

 

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Last Updates: May 2018