Facts & Stats
About Korea
General overview
| Country | Republic of Korea (ROK) |
|---|---|
| Capital | Seoul |
| Size | 100,210㎢ |
| Population | 51,847,509 (as of January 2020, source: MOIS) |
| Language | Korean |
| Religions | Buddhists (24%), Protestants (23%), Catholics (8%), others (0.8%), none (44.2%) |
| Climate | Continental climate with four distinct seasons |
| Time Difference | GMT + 9 hours |
| Political System | Democratic republic, presidential system |
| Economic Scope | World's 12th largest economy (by GDP as of 2018, source: IMF), an OECD member |
| Currency | KRW |
| Leading Industries | ICT, electronics, semiconductor, automobile, shipbuilding, steel, petrochemical, etc. |
Economic indicators
| Classification | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|
|
GDP (USD Bn.) |
1,383 | 1,415 | 1,531 | 1,619 | 1,642 | |
|
Per capita GDP (USD) |
27,097 | 27,607 | 29,744 | 31,370 | 31,431 | |
|
Economic growth rate (%) |
2.8 | 2.9 | 3.1 | 2.7 | 2.0 | |
|
Consumer price index (%) |
0.7 | 1.0 | 1.9 | 1.5 | 0.5 | |
|
Employment rate (%) |
65.9 | 66.1 | 66.6 | 66.6 | 67.1 | |
|
Trade volume (USD Mil.) |
963,256 | 901,619 | 1,052,172 | 1,140,062 | 1,045,576 | |
|
Exports (USD Mil.) |
Amount | 526,757 | 495,426 | 573,694 | 604,860 | 542,233 |
| Growth rate(%) | -8.0 | -5.9 | 15.8 | 5.4 | -10.4 | |
|
Imports (USD Mil.) |
Amount | 436,499 | 406,193 | 478,478 | 535,202 | 503,343 |
| Growth rate(%) | -16.9 | -6.9 | 17.8 | 11.9 | -6.0 | |
|
Trade balance (USD Mil.) |
90,258 | 89,233 | 95,216 | 69,657 | 38,890 | |
|
FDI (USD Mil.) |
20,910 | 21,299 | 22,943 | 26,901 | 23,329 | |
|
Foreign exchange reserves (USD Mil.) |
367,962 | 371,102 | 389,267 | 403,694 | 407,460 | |
|
Foreign exchange (WON/USD) |
1,172.5 | 1,207.7 | 1,070.5 | 1,115.7 | 1,156.4 | |
|
Bank of Korea base rate(%) |
1.5 | 1.3 | 1.5 | 1.8 | 1.3 | |
* Source: IMF, Bank of Korea, Statistics Korea, KITA, MOTIE
* Note: GDP valued at current price. FDI is based on amounts declared. Yearly foreign exchange is based on selling rates. Foreign exchange is based on closing rates.
GDP
- GDP(단위:USD Bn.)
-
- 2011 : 1,150
- 2012 : 1,129
- 2013 : 1,304
- 2014 : 1,410
- 2015 : 1,435
Economic growth rate
- 경제성장률(%)
-
- 2011 : 3.7%
- 2012 : 2.0%
- 2013 : 3.0%
- 2014 : 3.3%
- 2015(상반기) : 0.3%
Consumer price index
- 물가상승률(%)
-
- 2011 : 4.0%
- 2012 : 2.2%
- 2013 : 1.3%
- 2014 : 1.3%
- 2015(8월) : 0.2%
Bank of Korea base rate
- 한국은행 기준금리(%)
-
- 2011 : 4.0%
- 2012 : 2.2%
- 2013 : 1.3%
- 2014 : 1.3%
Foreign exchange
FDI
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