South Korea
Republic of KoreaTaehan-min'guk
republicIndependence 15 August 1945
South Korea as the 1998 edition of the CIA World Factbook published it: 98 fields, one of 36 editions from 1990 to 2025.
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Geography
Eastern Asia, southern half of the Korean Peninsula | bordering the Sea of Japan and the Yellow Sea
17 fieldsLand useshare of 98,480 sq km
Location
Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Natural hazards
occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Environment-current issues
- air pollution in large cities;
- water pollution from the discharge of sewage and industrial effluents;
- drift net fishing
Environment-international agreements
- party to:
- Antarctic-Environmental Protocol, Antarctic Treaty, Biodiversity, Climate Change, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94
- signed, but not ratified:
- Desertification
People
15 fieldsPer 1,000 population(1998 est.)
Male · female
Age structure
- 0-14 years:
- 22% (male 5,505,564; female 4,894,780)
- 15-64 years:
- 71% (male 16,772,319; female 16,272,145)
- 65 years and over:
- 7% (male 1,126,963; female 1,845,025) (July 1998 est.)
Sex ratio
- at birth:
- 1.14 male(s)/female
- under 15 years:
- 1.12 male(s)/female
- 15-64 years:
- 1.03 male(s)/female
- 65 years and over:
- 0.61 male(s)/female (1998 est.)
Religions
Christianity 49%, Buddhism 47%, Confucianism 3%, pervasive folk religion (shamanism), Chondogyo (Religion of the Heavenly Way), and other 1%
Government
Republic; President Kim Dae-jung (since 25 February 1998); Acting Prime Minister KIM Chong-p'il (since 3 March 1998)
20 fieldsPresidential electionpercent of vote
National Assembly or Kukhoe, 299 seats, elected 11 April 1996one dot, one seat
Country name
- conventional long form:
- Republic of Korea
- conventional short form:
- South Korea
- local long form:
- Taehan-min'guk
- local short form:
- none
note: the South Koreans generally use the term "Hanguk" to refer to their country
- abbreviation:
- ROK
Administrative divisions
- 9 provinces (do, singular and plural) and 6 special cities* (gwangyoksi, singular and plural);
- Cheju-do, Cholla-bukto, Cholla-namdo, Ch'ungch'ong-bukto, Ch'ungch'ong-namdo, Inch'on-gwangyoksi*, Kangwon-do, Kwangju-gwangyoksi*, Kyonggi-do, Kyongsang-bukto, Kyongsang-namdo, Pusan-gwangyoksi*, Soul-t'ukpyolsi*, Taegu-gwangyoksi*, Taejon-gwangyoksi*
Legal system
combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought
Executive branch
- chief of state:
- President Kim Dae-jung (since 25 February 1998)
- head of government:
- Acting Prime Minister KIM Chong-p'il (since 3 March 1998)
- cabinet:
- State Council appointed by the president on the prime minister's recommendation
- elections:
- president elected by popular vote for a single five-year term;
- election last held 18 December 1997 (next to be held 18 December 2002);
- prime minister appointed by the president;
- deputy prime ministers appointed by the president on the prime minister's recommendation
- election results:
- Kim Dae-jung elected president; percent of vote-Kim Dae-jung (NCNP) 40.3%, YI Hoe-chang (GNP) 38.7%, YI In-che (NPP) 19.2%
Legislative branch
unicameral National Assembly or Kukhoe (299 seats; members elected by popular vote to serve four-year terms)
- elections:
- last held 11 April 1996 (next to be held NA 2000)
- election results:
- percent of vote by party-NA;
- seats by party-NKP 139, NCNP 79, ULD 50, DP 15, independents 16;
- note-the distribution of seats as of February 1998 was GNP 165, NCNP 78, ULD 43, NPP 8, independents 4, vacant 1
Judicial branch
Supreme Court, justices are appointed by the president subject to the consent of the National Assembly
Political parties and leaders
- Grand National Party (GNP), CHO Sun, president;
- National Congress for New Politics (NCNP), Kim Dae-jung, president;
- United Liberal Democrats (ULD), PAK Tae-chun, president;
- New People's Party (NPP), YI In-che, president
note: subsequent to the legislative election of April 1996 the following parties disbanded-New Korea Party (NKP) and Democratic Party (DP)
Political pressure groups and leaders
- Korean National Council of Churches;
- National Democratic Alliance of Korea;
- National Federation of Student Associations;
- National Federation of Farmers' Associations;
- National Council of Labor Unions;
- Federation of Korean Trade Unions;
- Korean Veterans' Association;
- Federation of Korean Industries;
- Korean Traders Association;
- Korean Confederation of Trade Unions
International organization participation
AfDB, APEC, AsDB, BIS (pending member), CCC, CP, EBRD, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, NSG, OAS (observer), OECD, OSCE (partner), UN, UNCTAD, UNESCO, UNIDO, UNMOGIP, UNOMIG, UNU, UPU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US
- chief of mission:
- Ambassador YI Hong-ku
- chancery:
- 2450 Massachusetts Avenue NW, Washington, DC 20008
- telephone:
- [1] (202) 939-5600
- consulate(s) general:
- Agana (Guam), Anchorage, Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco, and Seattle
Diplomatic representation from the US
- chief of mission:
- Ambassador Stephen W. BOSWORTH
- embassy:
- 82 Sejong-Ro, Chongro-ku, Seoul
- mailing address:
- American Embassy, Unit 15550, APO AP 96205-0001
- telephone:
- [82] (2) 397-4114
Flag description
- white with a red (top) and blue yin-yang symbol in the center;
- there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
Economy
As one of the Four Dragons of East Asia, South Korea | has achieved an incredible record of growth.
28 fieldsGDP-composition by sector(1991 est.)
Economy-overview
As one of the Four Dragons of East Asia, South Korea has achieved an incredible record of growth. Three decades ago its GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is eight times India's, 15 times North Korea's, and already up with the lesser economies of the European Union.
This success through the late 1980s was achieved by a system of close government business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption.
The Asian financial crisis of 1997/98 exposed certain longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Also, a number of private sector conglomerates are near bankruptcy.
At yearend 1997, an international effort, spearheaded by the IMF, was underway to shore up reserves and stabilize the economy. Growth in 1998 will be sharply cut. Long-term growth will depend on how successfully South Korea implements planned economic reforms that would bolster the financial sector, improve corporate management, and open the economy further to foreign participation.
Labor force
- total:
- 20 million
- by occupation:
- services and other 52%, mining and manufacturing 27%, agriculture, fishing, forestry 21% (1991)
Industries
electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing
Agriculture-products
- rice, root crops, barley, vegetables, fruit;
- cattle, pigs, chickens, milk, eggs;
- fish catch of 2.9 million metric tons, seventh largest in world
Exports
- total value:
- $129.8 billion (f.o.b., 1996)
- commodities:
- electronic and electrical equipment, machinery, steel, automobiles, ships;
- textiles, clothing, footwear;
- fish
- partners:
- US 17%, EU 13%, Japan 12% (1995)
Imports
- total value:
- $150.2 billion (c.i.f., 1996)
- commodities:
- machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains
- partners:
- US 22%, Japan 21%, EU 13% (1995)
Exchange rates
South Korean won (W) per US$1-1,706.80 (January 1998), 951.29 (1997), 804.45 (1996), 771.27 (1995), 803.45 (1994), 802.67 (1993)
Telephone system
excellent domestic and international services
- domestic:
- NA
- international:
- fiber-optic submarine cable to China; satellite earth stations-3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region)
Transportation
10 fieldsMerchant marine, 474 ships by typeships (1,000 GRT or over) totaling 6,749,052 GRT/10,447,597 DWT
Airports by runway lengthpaved only
Networkskm
Military
Army, Navy, Air Force, Marine Corps, National | Maritime Police (Coast Guard)
7 fieldsTransnational Issues
1 fieldDisputes-international
Demarcation Line with North Korea; Liancourt Rocks (Takeshima/Tokdo) claimed by Japan KUWAIT
Cite this entry
Central Intelligence Agency. “Korea, South.” The World Factbook 1998. Archived by The Factbook, thefactbook.org/south-korea/1998.