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 holding the 14 position by nominal GDP. Its national debt in 2022 was 854,582 millions of euros (900,625 millions of dollars), ( 53.8% debt-to-GDP ratio) and its public debt per capita is €16,518 euros per inhabitant$17,408 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 0.925 points in 2021, leaving it in 20th place in the table of 191 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 [+]2023Q37,625K
Annual GDP [+]2023€1,582,816M
Annual GDP [+]2023$1,713,120M
GDP per capita [+]2023€30,594
GDP per capita [+]2023$33,128
Quarterly GDP [+]2023Q3€394,507M
Debt (M.€.) [+]2022854,582
Debt ($M) [+]2022900,625
Debt (%GDP) [+]202253.80%
Debt Per Capita [+]2022€16,518
Debt Per Capita [+]2022$17,408
Deficit (M.€) [+]2022-25,470
Deficit ($M) [+]2022-26,842
Deficit (%GDP) [+]2022-1.60%
Expenditure (M.€) [+]2022455,531.9
Expenditure ($M) [+]2022480,075.0
Education Expenditure (M.€) [+]202182,627.7
Education Expenditure ($M) [+]202198,155.3
Education Expenditure (%Bud.) [+]202114.31%
Gov. Health Exp. (M.€) [+]202273,633,906,941.5
Gov. Health Exp.($M) [+]202299,461.3
Gov. Health Exp. (%Bud.) [+]202214.41%
Defence Expenditure (M.€) [+]202243,167.1
Defence Expenditure ($M) [+]202245,475.0
Defence Expenditure (%Bud.) [+]202210.57%
Expenditure (%GDP) [+]202228.68%
Expenditure Per Capita [+]2022€8,805
Expenditure Per Capita [+]2022$9,279
Education Expenditure P.C [+]2021€1,597
Education Expenditure P.C [+]2021$1,897
Gov. Health Exp. P.C. [+]2022€1,869
Gov. Health Exp. P.C. [+]2022$1,920
Defence Expenditure P.C. [+]2022€834
Defence Expenditure P.C. [+]2022$881
Moody's Rating [+]05/09/2024Aa2
S&P Rating [+]08/07/2016AA
Fitch Rating [+]02/11/2020AA-
Corruption Index [+]202263
Competitiveness Ranking [+]201913º
Fragile States Index [+]201835.7
RTI Raking [+]202245º
Innovation Ranking [+]201812º
Labour
Unemployment rate [+]2024Q13.3%
Unemployed [+]2024Q1958K
NMW [+]2022$1,482.4
NMW [+]2022€1,421.9
Average Wage [+]2015$37,229
Average Wage [+]2023€32,402
Human Capital Ranking [+]201727º
Markets
Euro / South Korean won [+]07/18/20241,511.3800
US Dollar exchange rate [+]07/18/20241,381.5000
Stock ExchangeYTD % [+]07/18/20246.36%
Prices
CPI (overall index) [+]March 20243.1%
Money Market
Key rates [+]01/13/20233.50%
Business
Doing Business [+]2020
Passengers vehicles Year [+]December 20221,420,486
Annual Vehicles/ 1,000 p. [+]December 202232.54
Motor vehicle production [+]20223,757,049
Vehicles / 1,000 people [+]2020457.80
Taxes
Tax Revenue (%GDP) [+]202232.0%
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 [+]202336.94%
Imports [+]2023€594,258.9M
Imports [+]2023$642,572.1M
Imports % GDP [+]202337.54%
Trade balance [+]2023€-9,568.4M
Trade balance [+]2023$-10,346.3M
Trade balance % GDP [+]2023-0.60%
Socio-Demography
Global AgeWatch Ranking [+]201560º
Density [+]2021515
Global Peace Ranking [+]202343º
Crude divorce rate [+]20231.80‰
Remittance received ($M) [+]20176,331.8
% Immigrant [+]20203.33%
% Emigrant [+]20204.25%
Birth Rate [+]20234.50‰
Remittance sent ($M) [+]20175,989.1
Crude death rate [+]20236.90‰
Fertility Rate [+]20230.72
Crude marriage rate [+]20233.80‰
Population [+]202151,736,000
Immigrant stock [+]20201,728,182
Emigrant stock [+]20202,204,554
HDI [+]20210.925
Gender Gap Ranking [+]2023105º
Life expectancy [+]202282.70
Suicides [+]202013,195
Suicide rate [+]202025.50
Number of homicides [+]2022275
Rate Homicides per 100.000 [+]20220.53
Energy and Environment
CO2 Tons per capita [+]202212.26
Consumption GWh [+]2022586,766
Generation GWh [+]2022606,760
Others
COVID-19 - Deaths [+]06/16/202435,934
COVID-19 - Confirmed [+]06/16/202434,571,873
Fully vaccinated [+]05/26/202344,372,679
COVID-19 - Deaths per million population [+]06/16/2024694.56
Doses administered [+]12/12/2022129,647,782