South Korea
Republic of KoreaTaehan-min'guk
republicIndependence 15 August 1945 (from Japan)
South Korea as the 2013 edition of the CIA World Factbook published it: 165 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
An independent kingdom for much of its long history, Korea was occupied by Japan beginning in 1905 following the Russo-Japanese War. In 1910, Tokyo formally annexed the entire Peninsula. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a democratic-based government (Republic of Korea, ROK) was set up in the southern half of the Korean Peninsula while a communist-style government was installed in the north (Democratic People's Republic of Korea, DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside ROK soldiers to defend South Korea from a DPRK invasion supported by China and the Soviet Union.
A 1953 armistice split the peninsula along a demilitarized zone at about the 38th parallel. PARK Chung-hee took over leadership of the country in a 1961 coup. During his regime, from 1961 to 1979, South Korea achieved rapid economic growth, with per capita income rising to roughly 17 times the level of North Korea. South Korea held its first free presidential election under a revised democratic constitution in 1987, with former ROK Army general ROH Tae-woo winning a close race.
In 1993, KIM Young-sam (1993-98) became South Korea's first civilian president. South Korea today is a fully functioning modern democracy. LEE Myung-bak (2008-2013) pursued a policy of global engagement , highlighted by Seoul's hosting of the G-20 summit in November 2010 and the Nuclear Security Summit in March 2012. South Korea also secured a non-permanent seat (2013-14) on the UN Security Council and will host the 2018 Winter Olympic Games.
President PARK Geun-hye took office in February 2013 and is South Korea's first female leader. Serious tensions with North Korea have punctuated inter-Korean relations in recent years, including the North's sinking of the South Korean warship Cheonan in March 2010 and its artillery attack on South Korean soldiers and citizens in November 2010.
Geography
Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
20 fieldsLand useshare of 99,720 sq km
Location
Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Freshwater withdrawal (domestic/industrial/agricultural)
- total:
- 25.47 cu km/yr (26%/12%/62%)
- per capita:
- 548.7 cu m/yr (2003)
Natural hazards
occasional typhoons bring high winds and floods; low-level seismic activity common in southwest; volcanism: Halla (elev. 1,950 m) is considered historically active although it has not erupted in many centuries
Environment - current issues
- air pollution in large cities;
- acid rain;
- water pollution from the discharge of sewage and industrial effluents;
- drift net fishing
Environment - international agreements
- party to:
- Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
- signed, but not ratified:
- none of the selected agreements
People and Society
34 fieldsAge structuremale left, female right · (2013 est.)
Per 1,000 population(2013 est.)
Male · female
Sex ratio
- at birth:
- 1.07 male(s)/female
- 0-14 years:
- 1.09 male(s)/female
- 15-24 years:
- 1.13 male(s)/female
- 25-54 years:
- 1.04 male(s)/female
- 55-64 years:
- 0.98 male(s)/female
- 65 years and over:
- 0.69 male(s)/female
- total population:
- 1 male(s)/female (2013 est.)
Government
Republic; President PARK Geun-hye (since 25 February 2013); Prime Minister CHUNG Hong-won (since 26 February 2013)
21 fieldsPresidential electionpercent of vote
National Assembly or Gukhoe, 300 seats, elected 11 April 2012one 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:
- Han'guk
- abbreviation:
- ROK
Capital
- name:
- Seoul
- geographic coordinates:
- 37 33 N, 126 59 E
- time difference:
- UTC+9 (14 hours ahead of Washington, DC during Standard Time)
Administrative divisions
9 provinces (do, singular and plural), 6 metropolitan cities (gwangyoksi, singular and plural), 1 special city, and 1 special self-governing city
- provinces:
- Chungbuk (North Chungcheong), Chungnam (South Chungcheong), Gangwon, Gyeonggi, Gyeongbuk (North Gyeongsang), Gyeongnam (South Gyeongsang), Jeju, Jeonbuk (North Jeolla), Jeonnam (South Jeolla)
- metropolitan cities:
- Busan (Pusan), Daegu (Taegu), Daejon (Taejon), Gwangju (Kwangju), Incheon (Inch'on), Ulsan
- special city:
- Seoul
- special self-governing city:
- Sejong
Legal system
mixed legal system combining European civil law, Anglo-American law, and Chinese classical thought
International law organization participation
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Executive branch
- chief of state:
- President PARK Geun-hye (since 25 February 2013)
- head of government:
- Prime Minister CHUNG Hong-won (since 26 February 2013); Deputy Prime Minister HYUN Oh-seok (since 26 June 2013)
- cabinet:
- State Council appointed by the president on the prime minister's recommendation; (For more information visit theWorld Leaders website)
- elections:
- president elected by popular vote for a single five-year term;
- PARK Geun-hye elected on 19 December 2012;
- next election to be held in December 2017;
- prime minister appointed by president with consent of National Assembly
- election results:
- PARK Geun-Hye elected president on 19 December 2012; percent of vote - PARK Geun-Hye (NFP) 51.6%, MOON Jae-In (DUP) 48%, others 0.4%
Legislative branch
unicameral National Assembly or Gukhoe (300 seats; 246 members elected in single-seat constituencies, 54 elected by proportional representation; members serve four-year terms)
- elections:
- last held on 11 April 2012 (next to be held in April 2016)
- election results:
- percent of vote by party - NA; seats by party - NFP 152, DUP 127, UPP 13, LFP 5, independents 3
Judicial branch
- highest court(s):
- Supreme Court of South Korea (consists of a chief justice and 13 justices); Constitutional Court (consists of a court head and 8 justices)
- judge selection and term of office:
- Supreme Court chief justice appointed by the president with the consent of the National Assembly;
- other justices appointed by the president upon the recommendation of the chief justice and consent of the National Assembly;
- position of the chief justice is a 6-year non-renewable term;
- other justices serve 6-year renewable terms;
- Constitutional Court justices appointed - 3 by the president, 3 by the National Assembly, and 3 by the Supreme Court chief justice;
- court head serves until retirement at age 70, while other justices serve 6-year renewable terms with mandatory retirement at age 65
- subordinate courts:
- High Courts;
- District Courts;
- Branch Courts (organized undeer the Branch Courts);
- specialized courts for family and administrative issues
Political parties and leaders
- Democratic Party or DP (formerly the Democratic United Party or DUP) [KIM Han-gil]
- Liberty Forward Party or LFP (now part of the NFP)
- New Frontier Party (NFP) or Saenuri (formerly Grand National Party) [HWANG Woo-yea]
- Progressive Justice Party or PJP [ROH Hoe-chan and CHO Joon-ho]
- United Progressive Party or UPP [LEE Jung-hee]
Political pressure groups and leaders
- Catholic Priests' Association for Justice
- Citizen's Coalition for Economic Justice
- Federation of Korean Industries
- Federation of Korean Trade Unions
- Korean Confederation of Trade Unions
- Korean Veterans' Association
- Lawyers for a Democratic Society
- National Council of Churches
- People's Solidarity for Participatory Democracy
International organization participation
ADB, AfDB (nonregional member), APEC, ARF, ASEAN (dialogue partner), Australia Group, BIS, CD, CICA, CP, EAS, EBRD, FAO, FATF, G-20, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAIA (observer), MIGA, MINURSO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), Paris Club (associate), PCA, PIF (partner), SAARC (observer), SICA (observer), UN, UN Security Council (temporary), UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNISFA, UNMIL, UNMISS, UNMOGIP, UNOCI, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC
Diplomatic representation in the US
- chief of mission:
- Ambassador AHN Ho-young (since 7 June 2013)
- chancery:
- 2450 Massachusetts Avenue NW, Washington, DC 20008
- telephone:
- [1] (202) 939-5600
- FAX:
- [1] (202) 797-0595
- consulate(s) general:
- Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
- consulate(s) general:
- Anchorage (AK)
Diplomatic representation from the US
- chief of mission:
- Ambassador Sung Y. KIM (since 3 November 2011)
- embassy:
- 188 Sejong-daero, Jongno-gu, Seoul 110-710
- mailing address:
- US Embassy Seoul, Unit 15550, APO AP 96205-5550
- telephone:
- [82] (2) 397-4114
- FAX:
- [82] (2) 725-0152
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;
- the Korean national flag is called Taegukki;
- white is a traditional Korean color and represents peace and purity;
- the blue section represents the negative cosmic forces of the yin, while the red symbolizes the opposite positive forces of the yang;
- each trigram (kwae) denotes one of the four universal elements, which together express the principle of movement and harmony
Economy
South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy.
41 fieldsGDP - composition, by sector of origin(2012 est.)
Trading partnersexports left, imports right
By end use% of GDP
Economy - overview
South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies, and is currently the world's 12th largest economy.
Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. 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 longstanding weaknesses in South Korea's development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports.
Growth moderated to about 4% annually between 2003 and 2007. Korea''s export focused economy was hit hard by the 2008 global economic downturn, but quickly rebounded in subsequent years, reaching 6.3% growth in 2010. The US-South Korea Free Trade Agreement was ratified by both governments in 2011 and went into effect in March 2012.
Throughout 2012 the economy experienced sluggish growth because of market slowdowns in the United States, China, and the Eurozone. The incoming administration in 2013, following the December 2012 presidential election, is likely to face the challenges of balancing heavy reliance on exports with developing domestic-oriented sectors, such as services.
The South Korean economy''s long term challenges include a rapidly aging population, inflexible labor market, and heavy reliance on exports - which comprise half of GDP.
Gross national saving
31.4% of GDP (2012 est.) · 31.9% of GDP (2011 est.) · 32.4% of GDP (2010 est.) country comparison to the world: 22
Agriculture - products
- rice, root crops, barley, vegetables, fruit;
- cattle, pigs, chickens, milk, eggs;
- fish
Distribution of family income - Gini index
41.9 (2011) · 35.8 (2000) country comparison to the world: 51
Central bank discount rate
1.5% (31 December 2011) · 1.25% (31 December 2009) country comparison to the world: 131
Commercial bank prime lending rate
5.39% (31 December 2012 est.) · 5.77% (31 December 2011 est.) country comparison to the world: 146
Stock of narrow money
$392 billion (31 December 2012 est.) · $369.6 billion (31 December 2011 est.) country comparison to the world: 14
Stock of broad money
$1.596 trillion (31 December 2012) · $1.484 trillion (31 December 2011) country comparison to the world: 12
Stock of domestic credit
$1.219 trillion (31 December 2012 est.) · $1.098 trillion (31 December 2011 est.) country comparison to the world: 16
Current account balance
$43.34 billion (2012 est.) · $26.07 billion (2011 est.) country comparison to the world: 14
Exports - commodities
semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Imports - commodities
machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Reserves of foreign exchange and gold
$327 billion (31 December 2012 est.) · $306.4 billion (31 December 2011 est.) country comparison to the world: 9
Debt - external
$420.4 billion (31 December 2012 est.) · $442.5 billion (31 December 2011 est.) country comparison to the world: 27
Stock of direct foreign investment - at home
$147.2 billion (31 December 2012 est.) · $133.7 billion (31 December 2011 est.) country comparison to the world: 30
Stock of direct foreign investment - abroad
$327.5 billion (31 December 2012) · $190.4 billion (31 December 2011) country comparison to the world: 20
Exchange rates
South Korean won (KRW) per US dollar - 1,126.47 (2012 est.) · 1,108.29 (2011 est.) · 1,156.1 (2010 est.) · 1,276.93 (2009) · 1,101.7 (2008)
Energy
23 fieldsInstalled generating capacity, 84.66 million kW(2010 est.)
Natural gas - proved reserves
5.267 billion cu m (1 January 2013 es) country comparison to the world: 95
Carbon dioxide emissions from consumption of energy
611 million Mt (2011 est.) country comparison to the world: 9
Communications
7 fieldsTelephone system
- general assessment:
- excellent domestic and international services featuring rapid incorporation of new technologies
- domestic:
- fixed-line and mobile-cellular services widely available with a combined telephone subscribership of roughly 170 per 100 persons;
- rapid assimilation of a full range of telecommunications technologies leading to a boom in e-commerce
- international:
- country code - 82;
- numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US;
- satellite earth stations - 66 (2011)
Broadcast media
- multiple national TV networks with 2 of the 3 largest networks publicly operated;
- the largest privately owned network, Seoul Broadcasting Service (SBS), has ties with other commercial TV networks;
- cable and satellite TV subscription services available;
- publicly operated radio broadcast networks and many privately owned radio broadcasting networks, each with multiple affiliates, and independent local stations (2010)
Transportation
10 fieldsMerchant marine, 786 ships by type
Airports by runway lengthpaved only
Airports by runway lengthunpaved only
Networkskm
Railways
- total:
- 3,381 km
country comparison to the world: 52
- standard gauge:
- 3,381 km 1.435-m gauge (1,843 km electrified) (2008)
Roadways
- total:
- 104,983 km
country comparison to the world: 44
- paved:
- 83,199 km (includes 3,779 km of expressways)
- unpaved:
- 21,784 km (2009)
Ports and terminals
- major ports:
- Incheon, Pohang, Busan, Ulsan, Yeosu
- container ports:
- Busan (16,163,842), Kwangyang (2,061,958), Incheon (1,924,644)
Military
Republic of Korea Army, Navy (includes Marine Corps), Air Force (2011)
6 fieldsMilitary service age and obligation
- 20-30 years of age for compulsory military service, with middle school education required;
- conscript service obligation - 21 months (Army, Marines), 23 months (Navy), 24 months (Air Force);
- 18-26 years of age for voluntary military service;
- women, in service since 1950, admitted to 7 service branches, including infantry, but excluded from artillery, armor, anti-air, and chaplaincy corps;
- HIV-positive individuals are exempt from military service (2012)
Manpower available for military service
- males age 16-49:
- 13,185,794
- females age 16-49:
- 12,423,496 (2010 est.)
Transnational Issues
2 fieldsDisputes - international
- Military Demarcation Line within the 4-km-wide Demilitarized Zone has separated North from South Korea since 1953;
- periodic incidents with North Korea in the Yellow Sea over the Northern Limit Line, which South Korea claims as a maritime boundary;
- South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Cite this entry
Central Intelligence Agency. “Korea, South.” The World Factbook 2013. Archived by The Factbook, thefactbook.org/south-korea/2013.