flag South Korea South Korea: Introduction

Capital: Seoul

Population

Total Population: 51,780,579
Natural Increase: 0.1%
Density: 531 Inhabitants/km²
Urban Population: 81.4%
Population of main cities: Seoul (10,011,000); Busan (3,459,900); Incheon (3,029,300); Daegu (2,468,300); Daejeon (1,494,000); Gwangju (1,480,300); Suwon (1,235,100); Ulsan (1,168,500); Goyang (1,078,900); Yongin (1,078,600); Changwon (1,059,900)
Ethnic Origins: The population of South Korea is the most ethnically homogeneous in the world, with 96.6% of the population of Korean origin and 3.4% of foreign nationals. Among the largest groups of foreign nationals, Chinese nationals account for 43.5%, followed by 11.1% Vietnamese, 10.2% Thai and 4.4% from the United States. (Statistics Korea)
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%).

Local Time:

It is %T:%M %A In Seoul

Exchange Rate on :

National Currency: South Korean Won (KRW)

Country Overview

Area: 100,370 km²
Type of State: South Korea is a presidential republic. It is composed of 9 provinces and 6 cities with autonomous administration (Seoul, Busan, Incheon, Daegu, Gwangju, Daejeon).
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.


South Korea

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 20162017201820192020
Imports of Goods (million USD) 406,192478,478535,202503,343467,633
Exports of Goods (million USD) 495,426573,694604,860542,233512,498
Imports of Services (million USD) 110,436120,317127,300125,034101,587
Exports of Services (million USD) 92,82886,46997,95797,91686,145

Source: WTO – World Trade Organisation, Latest Available Data

 

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Latest Update: November 2022