South Korea South Korea

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South Korea, is a country located at Eastern Asia, it has an area of 100,410 Km2.

South Korea, with a population of 51,736,000 people, it is ranked at 28º position by population of 196 countries and it has a high population density, with 515 people per km2.

It's capital is Seoul and its currency is South Korean won

South Korea is the 10º largest economy by nominal GDP. Its national debt in 2021 was 785,435 millions of euros (929,584 millions of dollars), ( 51.33% debt-to-GDP ratio) and its public debt per capita is €15,182 euros per inhabitant$17,968 dollars per inhabitant.

The last annual rate of CPI published in South Korea was on November of 2022 and it was 5%.

In terms of the human development index (HDI) of South Korea, which is the index used by the United Nations to measure the progress of a country, was 0.916 points in 2019, leaving it in 23th place in the table of 189 countries published.

If the reason to visit South Korea are business, you must know it's in the 5th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of South Korea, if you want to see information about other countries click here

Seoul: Monthly Temp.
Seoul: Monthly Rainfall
South Korea Economy
Gouvernement
Qu. GDP Per Capita [+]2022Q27,781K
Annual GDP [+]2021€1,530,143M
Annual GDP [+]2021$1,797,810M
GDP per capita [+]2021€29,576
GDP per capita [+]2021$34,744
Quarterly GDP [+]2022Q2€402,576M
Debt (M.€.) [+]2021785,435
Debt ($M) [+]2021929,584
Debt (%GDP) [+]202151.33%
Debt Per Capita [+]2021€15,182
Debt Per Capita [+]2021$17,968
Deficit (M.€) [+]2021-306
Deficit ($M) [+]2021-362
Deficit (%GDP) [+]2021-0.02%
Expenditure (M.€) [+]2021395,460.4
Expenditure ($M) [+]2021468,038.0
Education Expenditure (M.€) [+]201865,103.0
Education Expenditure ($M) [+]201876,909.0
Education Expenditure (%Bud.) [+]201124.98%
Gov. Health Exp. (M.€) [+]202186,384.8
Gov. Health Exp.($M) [+]19987,346.2
Gov. Health Exp. (%Bud.) [+]201713.42%
Defence Expenditure (M.€) [+]202041,031.0
Defence Expenditure ($M) [+]202046,643.5
Defence Expenditure (%Bud.) [+]202010.87%
Expenditure (%GDP) [+]202125.85%
Expenditure Per Capita [+]2021€7,644
Expenditure Per Capita [+]2021$9,047
Education Expenditure P.C [+]2018€1,262
Education Expenditure P.C [+]2018$1,490
Gov. Health Exp. P.C. [+]2021€1,669
Gov. Health Exp. P.C. [+]2017$1,310
Defence Expenditure P.C. [+]2020€792
Defence Expenditure P.C. [+]2020$901
Moody's Rating [+]04/21/2022Aa2
S&P Rating [+]08/07/2016AA
Fitch Rating [+]02/11/2020AA-
Corruption Index [+]202162
Competitiveness Ranking [+]201913º
Fragile States Index [+]201835.7
RTI Raking [+]09/28/201845º
Innovation Ranking [+]201812º
Labour
Unemployment rate [+]2021Q14.9%
Unemployed [+]2021Q11,375K
NMW [+]2022$1,610.7
NMW [+]2022€1,421.9
Average Wage [+]2015$37,229
Average Wage [+]2021€34,726
Human Capital Ranking [+]201727º
Markets
Euro / South Korean won [+]12/09/20221,373.9400
US Dollar exchange rate [+]12/09/20221,320.4000
Stock ExchangeYTD % [+]12/09/2022-19.77%
Prices
CPI (overall index) [+]November 20225.0%
Money Market
Key rates [+]11/24/20223.25%
Business
Doing Business [+]2020
Passengers vehicles Year [+]December 20201,618,333
Annual Vehicles/ 1,000 p. [+]December 202036.77
Motor vehicle production [+]20203,506,774
Vehicles / 1,000 people [+]2015411.45
Taxes
Tax Revenue (%GDP) [+]202028.0%
Standard VAT [+]01/01/200610.00%
Top tax rate + SSC [+]202151.8%
Trade
Annual arrivals [+]201917,502,756
Exports [+]2021€544,855.3M
Exports [+]2021$644,400.4M
Exports % GDP [+]202135.61%
Imports [+]2021€520,075.6M
Imports [+]2021$615,093.4M
Imports % GDP [+]202133.99%
Trade balance [+]2021€24,779.7M
Trade balance [+]2021$29,306.9M
Trade balance % GDP [+]20211.62%
Socio-Demography
Global AgeWatch Ranking [+]201560º
Density [+]2021515
Global Peace Ranking [+]202243º
Crude divorce rate [+]20212.00‰
Remittance received ($M) [+]20176,331.8
% Immigrant [+]20192.25%
% Emigrant [+]20194.20%
Birth Rate [+]20215.10‰
Remittance sent ($M) [+]20175,989.1
Crude death rate [+]20216.20‰
Fertility Rate [+]20210.81
Crude marriage rate [+]20213.80‰
Population [+]202151,736,000
Immigrant stock [+]20191,163,655
Emigrant stock [+]20192,176,580
HDI [+]20190.916
Gender Gap Ranking [+]202299º
Life expectancy [+]202083.50
Suicides [+]202013,195
Suicide rate [+]202025.50
Number of homicides [+]2020308
Rate Homicides per 100.000 [+]20200.60
Energy and Environment
CO2 Tons per capita [+]202112.13
Consumption GWh [+]2021567,672
Generation GWh [+]2021587,306
Others
COVID-19 - Deaths [+]12/08/202230,975
COVID-19 - Confirmed [+]12/08/202227,611,555
Fully vaccinated [+]12/08/202244,703,801
COVID-19 - Deaths per million population [+]12/08/2022598.71
Doses administered [+]12/08/2022129,640,448