South Korea, is a country located at Eastern Asia, it has an area of 100,440 Km2.

South Korea, with a population of 51,713,000 people, it is ranked at 29º 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 holding the 12 position by nominal GDP. Its national debt in 2023 was 862,016 millions of euros (932,339 millions of dollars), ( 50.7% debt-to-GDP ratio) and its public debt per capita is €16,669 euros per inhabitant$18,029 dollars per inhabitant.

The last annual rate of CPI published in South Korea was on March of 2024 and it was 3.1%.

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 0.929 points in 2022, leaving it in 19th place in the table of 193 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 [+]2024Q48,393K
Annual GDP [+]2024€1,727,930M
Annual GDP [+]2024$1,869,714M
GDP per capita [+]2024€33,389
GDP per capita [+]2024$36,129
Quarterly GDP [+]2024Q4€434,046M
Debt (M.€.) [+]2023862,016
Debt ($M) [+]2023932,339
Debt (%GDP) [+]202350.70%
Debt Per Capita [+]2023€16,669
Debt Per Capita [+]2023$18,029
Deficit (M.€) [+]2023-11,415
Deficit ($M) [+]2023-12,346
Deficit (%GDP) [+]2023-0.67%
Expenditure (M.€) [+]2023393,722.9
Expenditure ($M) [+]2023425,842.8
Education Expenditure (M.€) [+]202188,620.7
Education Expenditure ($M) [+]202188,489.7
Education Expenditure (%Bud.) [+]202114.31%
Gov. Health Exp. (M.€) [+]202370,777,419,172.2
Gov. Health Exp.($M) [+]2023104,768.6
Gov. Health Exp. (%Bud.) [+]202316.76%
Defence Expenditure (M.€) [+]202347,814.5
Defence Expenditure ($M) [+]202348,173.7
Defence Expenditure (%Bud.) [+]202311.10%
Expenditure (%GDP) [+]202323.16%
Expenditure Per Capita [+]2023€7,614
Expenditure Per Capita [+]2023$8,235
Education Expenditure P.C [+]2021€1,712
Education Expenditure P.C [+]2021$1,897
Gov. Health Exp. P.C. [+]2023€1,917
Gov. Health Exp. P.C. [+]2023$2,025
Defence Expenditure P.C. [+]2023€925
Defence Expenditure P.C. [+]2023$932
Moody's Rating [+]05/09/2024Aa2
S&P Rating [+]08/07/2016AA
Fitch Rating [+]02/11/2020AA-
Corruption Index [+]202363
Competitiveness Ranking [+]201913º
Fragile States Index [+]202429.8
RTI Raking [+]202445º
Innovation Ranking [+]2024
Labour
Unemployment rate [+]2024Q42.8%
Unemployed [+]2024Q4814K
NMW [+]2024$1,596.3
NMW [+]2024€1,437.4
Average Wage [+]2015$37,229
Average Wage [+]2023€32,402
Human Capital Ranking [+]201727º
Markets
Euro / South Korean won [+]04/22/20251,635.5400
US Dollar exchange rate [+]04/22/20251,418.9000
Stock ExchangeYTD % [+]04/23/20255.25%
Prices
CPI (overall index) [+]March 20243.1%
Money Market
Key rates [+]02/25/20252.75%
Business
Doing Business [+]2020
Passengers vehicles Year [+]December 20231,489,363
Annual Vehicles/ 1,000 p. [+]December 202333.84
Motor vehicle production [+]20234,243,597
Vehicles / 1,000 people [+]2020457.80
Taxes
Tax Revenue (%GDP) [+]202328.9%
Standard VAT [+]01/01/200610.00%
Top tax rate + SSC [+]202251.9%
Trade
Annual arrivals [+]201917,502,756
Exports [+]2023€584,690.5M
Exports [+]2023$632,225.8M
Exports % GDP [+]202334.39%
Imports [+]2023€594,258.9M
Imports [+]2023$642,572.1M
Imports % GDP [+]202334.95%
Trade balance [+]2023€-9,568.4M
Trade balance [+]2023$-10,346.3M
Trade balance % GDP [+]2023-0.56%
Socio-Demography
Global AgeWatch Ranking [+]201560º
Density [+]2023515
Global Peace Ranking [+]202446º
Crude divorce rate [+]20241.80‰
Remittance received ($M) [+]20176,331.8
% Immigrant [+]20203.33%
% Emigrant [+]20204.25%
Birth Rate [+]20244.70‰
Remittance sent ($M) [+]20175,989.1
Crude death rate [+]20247.00‰
Fertility Rate [+]20240.75
Crude marriage rate [+]20244.40‰
Population [+]202351,713,000
Immigrant stock [+]20201,728,182
Emigrant stock [+]20202,204,554
HDI [+]20220.929
Gender Gap Ranking [+]202494º
Life expectancy [+]202383.50
Suicides [+]202113,352
Suicide rate [+]202125.80
Number of homicides [+]2022275
Rate Homicides per 100.000 [+]20220.53
Energy and Environment
CO2 Tons per capita [+]202311.04
Consumption GWh [+]2023575,359
Generation GWh [+]2023595,047
Others
COVID-19 - Deaths [+]08/04/202435,934
COVID-19 - Confirmed [+]08/04/202434,571,873
Fully vaccinated [+]05/26/202344,372,679
COVID-19 - Deaths per million population [+]08/04/2024694.87
Doses administered [+]12/12/2022129,647,782