South Korea

Republic of KoreaTaehan-min'guk

presidential republicIndependence 15 August 1945 (from Japan)

South Korea as the 2018 edition of the CIA World Factbook published it: 165 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalSeoul, UTC+9
Position37 00 N, 127 30 E
Area99,720 sq km
LocationEastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Populationas each edition published it
51.42 million July 2018 est. · 43.05m in 1990
Population growth% a year
0.44% 2018 est. · 1.05% in 1993
Median ageyears
42.3 years 2018 est. · 33.2 yrs in 2003
Life expectancyyears at birth
82.5 years 2018 est. · 70.29 yrs in 1993
Fertility ratechildren per woman
1.27 children per woman 2018 est. · 1.6 in 1990
Infant mortalitydeaths per 1,000 live births
3 deaths per 1,000 live births 2018 est. · 23 in 1990
GDP per capitaeach edition's own dollars
$39,500 2017 est. · $6,500 in 1993
GDP real growth% a year
3.1% 2017 est. · 5% in 1993

Introduction

1 field

Background

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 US 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 the first civilian president of South Korea's new democratic era. President KIM Dae-jung (1998-2003) won the Nobel Peace Prize in 2000 for his contributions to South Korean democracy and his "Sunshine" policy of engagement with North Korea. President PARK Geun-hye, daughter of former ROK President PARK Chung-hee, took office in February 2013 as South Korea's first female leader.

In December 2016, the National Assembly passed an impeachment motion against President PARK over her alleged involvement in a corruption and influence-peddling scandal, immediately suspending her presidential authorities. The impeachment was upheld in March 2017, triggering an early presidential election in May 2017 won by MOON Jae-in. South Korea hosted the Winter Olympic and Paralympic Games in February 2018, in which North Korea also participated.

Discord with North Korea has permeated inter-Korean relations for much of the past decade, highlighted by the North's attacks on a South Korean ship and island in 2010, the exchange of artillery fire across the DMZ in 2015, and multiple nuclear and missile tests in 2016 and 2017. North Korea’s participation in the Winter Olympics, dispatch of a senior delegation to Seoul, and the planned April 27 inter-Korean summit at Panmunjom – the first in 11 years and the first-ever to be held at the inter-Korean border – appear to have ushered in a temporary period of respite.

Geography

Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea

19 fields

Land useshare of 99,720 sq km

arable land 15.3% (2011 est.)permanent crops 2.2% (2011 est.)permanent pasture 0.6% (2011 est.)forest 63.9% (2011 est.)other 18% (2011 est.)agricultural land 18.1% (2011 est.) in all · irrigated 7,780 sq km (2012)
Area
99,720sq km
land: 96,920 sq kmwater: 2,800 sq kmslightly smaller than Pennsylvania; slightly larger than Indiana
Coastline
2,413km
territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Straitexclusive economic zone: 200 nmcontiguous zone: 24 nmcontinental shelf: not specified
Land boundaries
237km
border countries (1): North Korea 237 km

Location

Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea

Geographic coordinates

37 00 N, 127 30 E

Climate

temperate, with rainfall heavier in summer than winter; cold winters

Terrain

mostly hills and mountains; wide coastal plains in west and south

Elevation

mean elevation:
282 m
elevation extremes:
0 m lowest point: Sea of Japan; 1950 highest point: Halla-san

Natural resources

coal, tungsten, graphite, molybdenum, lead, hydropower potential

Population distribution

  • with approximately 70% of the country considered mountainous, the country's population is primarily concentrated in the lowland areas, where density is quite high;
  • Gyeonggi Province in the northwest, which surrounds the capital of Seoul and contains the port of Incheon, is the most densely populated province;
  • Gangwon in the northeast is the least populated

Natural hazards

  • occasional typhoons bring high winds and floods;
  • low-level seismic activity common in southwest volcanism: Halla (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;
  • solid waste disposal;
  • transboundary pollution

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

Geography - note

strategic location on Korea Strait; about 3,000 mostly small and uninhabited islands lie off the western and southern coasts

People and Society

35 fields
Population
51,418,097
(July 2018 est.)growth rate: 0.44% (2018 est.)

Per 1,000 population

Birth
8.3 (2018 est.)Death
6.3 (2018 est.)Net migration
2.5 (2017 est.)

Male · female

TotalMale · femaleLife expectancy years (2018 est.)82.5
79.4 · 85.8Infant mortality deaths/1,000 live births (2018 est.)3
3.2 · 2.8Median age years (2018 est.)42.3
40.6 · 44
TotalMale · femaleSchool life expectancy years (2013)17
17 · 16Youth unemployment ages 15-24 (2017 est.)10.4%
11.3% · 9.7%
MaleFemale

Religions(2015 est.)

Protestant 19.7%Buddhist 15.5%Catholic 7.9%none 56.9% (2015 est.)note: many people practice Confucianism, regardless of their religion or not having a religious affiliation
Urban population
81.5%of total population
(2018)rate of urbanization: 0.3% annual rate of change (2015-20 est.)Major urban areas - population:9.963 million SEOUL (capital), 3.467 million Busan, 2.763 million Incheon, 2.221 million Daegu (Taegu), 1.558 million Daejon (Taejon), 1.518 million Gwangju (Kwangju) (2018)
Improved drinking water
97.8%of population
improved: urban: 99.7% of populationrural: 87.9% of populationunimproved: urban: 0.3% of populationrural: 12.1% of populationtotal: 2.2% of population (2012 est.)
Improved sanitation
100%of population
(2015 est.)improved: urban: 100% of population (2015 est.)rural: 100% of population (2015 est.)unimproved: urban: 0% of population (2015 est.)rural: 0% of population (2015 est.)total: 0% of population (2015 est.)
Maternal mortality rate
11deaths/100,000 live births
(2015 est.)Mother's mean age at first birth: 31 years (2014 est.)

Nationality

noun:
Korean(s)
adjective:
Korean

Ethnic groups

homogeneous

Languages

Korean, English (widely taught in elementary, junior high, and high school)

Age structure

0-14 years:
13.03% (male 3,448,627 /female 3,251,786)
15-24 years:
12.19% (male 3,295,814 /female 2,970,439)
25-54 years:
45.13% (male 11,986,760 /female 11,220,268)
55-64 years:
15.09% (male 3,825,127 /female 3,935,700)
65 years and over:
14.55% (male 3,202,232 /female 4,281,344) (2018 est.)

Dependency ratios

total dependency ratio:
36.7 (2015 est.)
youth dependency ratio:
19 (2015 est.)
elderly dependency ratio:
17.7 (2015 est.)
potential support ratio:
5.6 (2015 est.)

Population distribution

  • with approximately 70% of the country considered mountainous, the country's population is primarily concentrated in the lowland areas, where density is quite high;
  • Gyeonggi Province in the northwest, which surrounds the capital of Seoul and contains the port of Incheon, is the most densely populated province;
  • Gangwon in the northeast is the least populated

Sex ratio

at birth:
1.05 male(s)/female (2017 est.)
0-14 years:
1.07 male(s)/female (2017 est.)
15-24 years:
1.12 male(s)/female (2017 est.)
25-54 years:
1.06 male(s)/female (2017 est.)
55-64 years:
0.98 male(s)/female (2017 est.)
65 years and over:
0.71 male(s)/female (2017 est.)
total population:
1 male(s)/female (2017 est.)

Total fertility rate

1.27 children born/woman (2018 est.)

Contraceptive prevalence rate

79.6% (2015) note: percent of women aged 20-49

Health expenditures

7.4% of GDP (2014)

Physicians density

2.33 physicians/1,000 population (2016)

Hospital bed density

11.5 beds/1,000 population (2015)

Education expenditures

5.1% of GDP (2015)

Government

Presidential republic; President MOON Jae-in (since 10 May 2017); Prime Minister LEE Nak-yon (since 1 June 2017)

21 fields

Presidential electionpercent of vote

41.1%
MOON Jae-in (DP) 41.1%HONG Joon-pyo (LKP) 25.5%AHN Cheol-soo (PP) 21.4%other 12%election last held on 9 May 2017 (next to be held in 2022)

National Assembly or Kuk Hoe, 300 seats, elected 13 April 2016one dot, one seat

MPK 123NFP 122PP 38JP 6independent 11

Percent of vote

NFP 33.5%PP 26.7%MPK 25.5%JP 7.2%other 7.1%

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
etymology:
  • derived from the Chinese name for Goryeo, which was the Korean dynasty that united the peninsula in the 10th century A.D.;
  • the South Korean name "Han'guk" derives from the long form, "Taehan-min'guk," which is itself a derivation from "Daehan-je'guk," which means "the Great Empire of the Han";
  • "Han" refers to the "Sam'han" or the "Three Han Kingdoms" (Goguryeo, Baekje, and Silla from the Three Kingdoms Era, 1st-7th centuries A.D.)

Government type

presidential republic

Capital

name:
Seoul; note - Sejong, located some 120 km (75 mi) south of Seoul, is being developed as a new capital
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 (gwangyeoksi, singular and plural), 1 special city (teugbyeolsi), and 1 special self-governing city (teukbyeoljachisi) provinces:
    • Chungbuk (North Chungcheong),
    • Chungnam (South Chungcheong),
    • Gangwon,
    • Gyeongbuk (North Gyeongsang),
    • Gyeonggi,
    • Gyeongnam (South Gyeongsang),
    • Jeju,
    • Jeonbuk (North Jeolla),
    • Jeonnam (South Jeolla)
    ;
  • metropolitan cities:
    • Busan (Pusan),
    • Daegu (Taegu),
    • Daejeon (Taejon),
    • Gwangju (Kwangju),
    • Incheon (Inch'on),
    • Ulsan
    ;
  • special city: Seoul;
  • special self-governing city: Sejong

Independence

15 August 1945 (from Japan)

National holiday

Liberation Day, 15 August (1945)

Constitution

history:
several previous; latest passed by National Assembly 12 October 1987, approved in referendum 28 October 1987, effective 25 February 1988 (2018)
amendments:
  • proposed by the president or by majority support of the National Assembly membership;
  • passage requires at least two-thirds majority vote by the Assembly membership, approval in a referendum by more than one-half of the votes by more than one-half of eligible voters, and promulgation by the president;
  • amended several times, last in 1987;
  • note - an amendment proposed in March 2018 that would change the presidential term to 4 years and increase the term limit to 2 failed in the National Assembly vote in June 2018 (2018)

International law organization participation

has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction

Citizenship

citizenship by birth:
no
citizenship by descent only:
at least one parent must be a citizen of South Korea
dual citizenship recognized:
no
residency requirement for naturalization:
5 years

Suffrage

19 years of age; universal

Judicial branch

highest courts:
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 nonrenewable 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 under the District Courts);
  • specialized courts for family and administrative issues

Executive branch

chief of state:
  • President MOON Jae-in (since 10 May 2017);
  • note - President PARK Geun-hye (since 25 February 2013) was impeached by the National Assembly on 9 December 2016;
  • PARK's impeachment was upheld by the Constitutional Court and she was removed from office on 9 March 2017
head of government:
Prime Minister LEE Nak-yon (since 1 June 2017); Deputy Prime Ministers KIM Dong-yeon (since 9 June 2017), KIM Sang-kon (since 4 July 2017)
cabinet:
State Council appointed by the president on the prime minister's recommendation
elections/appointments:
  • president directly elected by simple majority popular vote for a single 5-year term;
  • election last held on 9 May 2017 (next to be held in 2022);
  • prime minister appointed by president with consent of National Assembly
election results:
MOON Jae-in elected president; percent of vote - MOON Jae-in (DP) 41.1%, HONG Joon-pyo (LKP) 25.5%, AHN Cheol-soo (PP) 21.4%, other 12%

Legislative branch

description:
  • unicameral National Assembly or Kuk Hoe (300 seats statutory, 299 current);
  • 253 members directly elected in single-seat constituencies by simple majority vote and 47 directly elected in a single national constituency by proportional representation vote;
  • members serve 4-year terms)
elections:
last held on 13 April 2016 (next to be held on 15 April 2020)
election results:
percent of vote by party - NFP 33.5%, PP 26.7%, MPK 25.5%, JP 7.2%, other 7.1%; seats by party - MPK 123, NFP 122, PP 38, JP 6, independent 11

note: as of December 2018, seats by party - DP 129, LKP 112, BFP 29, PDP 14, JP 5, KPP 1, MP 1, independent 7

Political parties and leaders

Bareun Future Party or BFP [PARK Joo-sun] (merger of Bareun Party and People's Party)

Democratic Party or DP [CHOO Mi-ae] (renamed from Minjoo Party of Korea or MPK in October 2016; formerly New Politics Alliance for Democracy or NPAD, which was a merger of the Democratic Party or DP (formerly DUP) [KIM Han-gil] and the New Political Vision Party or NPVP [AHN Cheol-soo] in March 2014)

Justice Party or JP [LEE Jeong-mi]

Liberty Korea Party or LKP (formerly the New Frontier Party (NFP) or Saenuri, previously the Grand National Party [HONG Jueen-Pyo])

Minjung Party or MP (formed from the merger of the New People's Party (formerly the New People's Political Party or NPP) and the People's United Party or PUP)

Korean Patriots' Party or KPP [CHO Won-jin]

Parliamentary Group for Peace and Justice [ROH Hoe-chan] (parliamentary group made up of PDP and JP)

Party for Democracy and Peace or PDP [CHO Bae-sook]

People's Party or PP [AHN Cheol-soo]

International organization participation

ADB, AfDB (nonregional member), APEC, Arctic Council (observer), ARF, ASEAN (dialogue partner), Australia Group, BIS, CD, CICA, CP, EAS, EBRD, FAO, FATF, G-20, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAIA (observer), MIGA, MINURSO, MINUSTAH, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), Pacific Alliance (observer), Paris Club (associate), PCA, PIF (partner), SAARC (observer), SICA (observer), UN, UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIL, UNMISS, UNMOGIP, UNOCI, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC

Diplomatic representation in the US

chief of mission:
Ambassador CHO Yoon-je (since 29 November 2017)
chancery:
2450 Massachusetts Avenue NW, Washington, DC 20008
telephone:
[1] (202) 939-5600
FAX:
[1] (202) 797-0595
consulate(s) general:
Agana (Guam), Anchorage (AK), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle

Diplomatic representation from the US

chief of mission:
Ambassador Harry HARRIS (since 10 July 2018)
embassy:
188 Sejong-daero, Jongno-gu, Seoul 110-710
mailing address:
US Embassy Seoul, 9600 Seoul Place Washington, D.C., 20521-9600
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 South 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

National symbol(s)

taegeuk (yin yang symbol), Hibiscus syriacus (Rose of Sharon), Siberian tiger; national colors: red, white, blue, black

National anthem

name:
"Aegukga" (Patriotic Song)
lyrics/music:
YUN Ch'i-Ho or AN Ch'ang-Ho/AHN Eaktay

note: adopted 1948, well-known by 1910; both North Korea's and South Korea's anthems share the same name and have a vaguely similar melody but have different lyrics

Economy

41 fields
GDP, purchasing power parity
$2.035trillion
(2017 est.) · $1.974 trillion (2016 est.) · $1.918 trillion (2015 est.)note: data are in 2017 dollarsofficial exchange rate: $1.54 trillion (2017 est.) (2017 est.)
GDP per capita, PPP
$39,500
(2017 est.) · $38,500 (2016 est.) · $37,600 (2015 est.)note: data are in 2017 dollars
Real growth rate
3.1%
(2017 est.) · 2.9% (2016 est.) · 2.8% (2015 est.)industrial production growth: 4.6% (2017 est.)
Inflation, consumer prices
1.9%
(2017 est.) · 1% (2016 est.)

GDP - composition, by sector of origin(2017 est.)

agriculture 2.2% (2017 est.)industry 39.3% (2017 est.)services 58.3% (2017 est.)

Trading partnersexports left, imports right

25.1%
China
20.5%
12.2%
US
10.5%
4.7%
Japan
11.5%
8.2%
Vietnam
6.9%
Hong Kong
Germany
4.2%
Saudi Arabia
4.1%
Exports $577.4 billion (2017 est.)Imports $457.5 billion (2017 est.)(2017)

By end use% of GDP · (2017 est.)

Household consumption
48.1%Government consumption
15.3%Fixed capital
31.1%Inventories
0%Exports
43.1%Imports
-37.7%

Budget(2017 est.)

Revenues
357.1 billionExpenditures
335.8 billion

Economy - overview

After emerging from the 1950-53 war with North Korea, South Korea emerged as one of the 20th century’s most remarkable economic success stories, becoming a developed, globally connected, high-technology society within decades. In the 1960s, GDP per capita was comparable with levels in the poorest countries in the world.

In 2004, South Korea's GDP surpassed one trillion dollars. Beginning in the 1960s under President PARK Chung-hee, the government promoted the import of raw materials and technology, encouraged saving and investment over consumption, kept wages low, and directed resources to export-oriented industries that remain important to the economy to this day.

Growth surged under these policies, and frequently reached double-digits in the 1960s and 1970s. Growth gradually moderated in the 1990s as the economy matured, but remained strong enough to propel South Korea into the ranks of the advanced economies of the OECD by 1997. These policies also led to the emergence of family-owned chaebol conglomerates such as Daewoo, Hyundai, and Samsung, which retained their dominant positions even as the government loosened its grip on the economy amid the political changes of the 1980s and 1990s.

The Asian financial crisis of 1997-98 hit South Korea’s companies hard because of their excessive reliance on short-term borrowing, and GDP ultimately plunged by 7% in 1998. South Korea tackled difficult economic reforms following the crisis, including restructuring some chaebols, increasing labor market flexibility, and opening up to more foreign investment and imports.

These steps lead to a relatively rapid economic recovery. South Korea also began expanding its network of free trade agreements to help bolster exports, and has since implemented 16 free trade agreements covering 58 countries—including the United State and China—that collectively cover more than three-quarters of global GDP. In 2017, the election of President MOON Jae-in brought a surge in consumer confidence, in part, because of his successful efforts to increase wages and government spending.

These factors combined with an uptick in export growth to drive real GDP growth to more than 3%, despite disruptions in South Korea’s trade with China over the deployment of a US missile defense system in South Korea. In 2018 and beyond, South Korea will contend with gradually slowing economic growth - in the 2-3% range - not uncommon for advanced economies.

This could be partially offset by efforts to address challenges arising from its rapidly aging population, inflexible labor market, continued dominance of the chaebols, and heavy reliance on exports rather than domestic consumption. Socioeconomic problems also persist, and include rising inequality, poverty among the elderly, high youth unemployment, long working hours, low worker productivity, and corruption.

Gross national saving

36.6% of GDP (2017 est.) · 36.3% of GDP (2016 est.) · 36.6% of GDP (2015 est.)

Agriculture - products

rice, root crops, barley, vegetables, fruit, cattle, pigs, chickens, milk, eggs, fish

Industries

electronics, telecommunications, automobile production, chemicals, shipbuilding, steel

Labor force

27.75 million (2017 est.)

Labor force - by occupation

agriculture:
4.8%
industry:
24.6%
services:
70.6% (2017 est.)

Unemployment rate

3.7% (2017 est.) · 3.7% (2016 est.)

Household income or consumption by percentage share

lowest 10%:
48.5% (2015 est.)
highest 10%:
48.5% (2015 est.)

Distribution of family income - Gini index

35.7 (2016 est.) · 35.4 (2015 est.)

Taxes and other revenues

23.2% (of GDP) (2017 est.)

Budget surplus (+) or deficit (-)

1.4% (of GDP) (2017 est.)

Public debt

39.5% of GDP (2017 est.) · 39.9% of GDP (2016 est.)

Fiscal year

calendar year

Central bank discount rate

1.5% (31 December 2017 est.) · 1.25% (31 December 2016 est.)

Commercial bank prime lending rate

3.48% (31 December 2017 est.) · 3.37% (31 December 2016 est.)

Stock of narrow money

$793.9 billion (31 December 2017 est.) · $658.7 billion (31 December 2016 est.)

Stock of broad money

$793.9 billion (31 December 2017 est.) · $658.7 billion (31 December 2016 est.)

Stock of domestic credit

$2.986 trillion (31 December 2017 est.) · $2.515 trillion (31 December 2016 est.)

Market value of publicly traded shares

$1.305 trillion (31 December 2016 est.) · $1.28 trillion (31 December 2015 est.) · $1.269 trillion (31 December 2014 est.)

Current account balance

$78.46 billion (2017 est.) · $99.24 billion (2016 est.)

Exports

$577.4 billion (2017 est.) · $512 billion (2016 est.)

Exports - commodities

semiconductors, petrochemicals, automobile/auto parts, ships, wireless communication equipment, flat displays, steel, electronics, plastics, computers

Imports

$457.5 billion (2017 est.) · $393.1 billion (2016 est.)

Imports - commodities

crude oil/petroleum products, semiconductors, natural gas, coal, steel, computers, wireless communication equipment, automobiles, fine chemicals, textiles

Reserves of foreign exchange and gold

$389.2 billion (31 December 2017 est.) · $371.1 billion (31 December 2016 est.)

Debt - external

$384.6 billion (31 December 2017 est.) · $384.1 billion (31 December 2016 est.)

Stock of direct foreign investment - at home

$230.6 billion (31 December 2017 est.) · $180.1 billion (31 December 2016 est.)

Stock of direct foreign investment - abroad

$344.7 billion (31 December 2017 est.) · $358 billion (31 December 2016 est.)

Exchange rates

South Korean won (KRW) per US dollar - 1,130.48 (2017 est.) · 1,160.41 (2016 est.) · 1,160.77 (2015 est.) · 1,130.95 (2014 est.) · 1,052.96 (2013 est.)

Energy

24 fields

Electrification% of population · (2016)

100%Total

Installed generating capacity, 111.2 million kW(2016 est.)

Fossil fuels 70% of total installed capacity (2016 est.)Nuclear fuels 21% of total installed capacity (2017 est.)Hydroelectric plants 2% of total installed capacity (2017 est.)Other renewable sources 8% of total installed capacity (2017 est.)
Electricity production
526 billion (2016 est.)Electricity consumption
507.6 billion (2016 est.)Refined petroleum imports
908,800 (2017 est.)Refined petroleum consumption
2.584 million (2017 est.)Refined petroleum production
3.302 million (2017 est.)Refined petroleum exports
1.396 million (2017 est.)

Crude oil - production

0 bbl/day (2017 est.)

Crude oil - exports

0 bbl/day (2017 est.)

Crude oil - imports

3.057 million bbl/day (2017 est.)

Crude oil - proved reserves

NA (1 January 2017 est.)

Natural gas - production

339.8 million cu m (2017 est.)

Natural gas - consumption

45.28 billion cu m (2017 est.)

Natural gas - exports

0 cu m (2017 est.)

Natural gas - imports

48.65 billion cu m (2017 est.)

Natural gas - proved reserves

7.079 billion cu m (1 January 2018 est.)

Communications

7 fields

Per 100 inhabitants(2016–17 est.)

124Mobile cellular
89.9%Internet users, % of population
52Fixed lines
41Fixed broadband
Mobile cellular
63,658,688
(2017 est.)
Internet users
44.153 million
(July 2016 est.)
Fixed lines
26,842,952
(2017 est.)
Fixed broadband
21,195,918
(2017 est.) · country code .kr

Telephone system

general assessment:
  • excellent domestic and international services featuring rapid incorporation of new technologies;
  • ranked 1st out of 34 Asian telecoms;
  • exceedingly high mobile and mobile broadband penetration and very high fixed broadband penetration;
  • strong support from govt, savvy population has catapulted the nation into one of the world's most active telecommunication markets;
  • 5G services to go live for enterprise customers in 2019;
  • slower growth predicted over the next five years to 2023;
  • Chinese telecommunications company Huawei has partnered with other MNOs in South Korea (2017)
domestic:
  • fixed-line 52 per 100 and mobile-cellular services 124 per 100 persons widely available;
  • rapid assimilation of a full range of telecommunications technologies leading to a boom in e-commerce (2017)
international:
  • country code - 82;
  • numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US;
  • satellite earth stations - 66 (2016)

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 (2017)

Transportation

12 fields

Airports by runway lengthpaved left, unpaved right

4
over 3,047 m
19
2,438 to 3,047 m
12
1,524 to 2,437 m
13
914 to 1,523 m
2
23
under 914 m
38
Paved 71 (2017)Unpaved 40 (2013)

Networkskm

Roadways
100,428 (2016)Railways
3,979 (2016)Waterways
1,600 (2011)Pipelines
3790 (2017)
Roadways: paved: 92,795 km (includes 4,193 km of expressways) (2016) · unpaved: 7,633 km (2016) · Railways: standard gauge: 3,979 km 1.435-m gauge (2,727 km electrified) (2016) · Waterways: (most navigable only by small craft) · Pipelines: , 16 km oil, 889 km refined products

National air transport system

number of registered air carriers:
12 (2015)

inventory of registered aircraft operated by air carriers: 348 (2015)

annual passenger traffic on registered air carriers:
65,482,307 (2015)
annual freight traffic on registered air carriers:
11.297 billion mt-km (2015)

Airports

111 (2013)

Heliports

466 (2013)

Pipelines

3790 km gas, 16 km oil, 889 km refined products (2017)

Railways

total:
3,979 km (2016)
standard gauge:
3,979 km 1.435-m gauge (2,727 km electrified) (2016)

Roadways

total:
100,428 km (2016)
paved:
92,795 km (includes 4,193 km of expressways) (2016)
unpaved:
7,633 km (2016)

Waterways

1,600 km (most navigable only by small craft) (2011)

Merchant marine

total:
1,907 (2017)
by type:
bulk carrier 100, container ship 89, general cargo 394, oil tanker 201, other 1123 (2017)

Ports and terminals

major seaport(s):
Busan, Incheon, Gunsan, Kwangyang, Mokpo, Pohang, Ulsan, Yeosu
container port(s) (TEUs):
Busan (19,850,000), Kwangyang (2,249,558), Incheon (2,679,504) (2016)
LNG terminal(s) (import):
Incheon, Kwangyang, Pyeongtaek, Samcheok, Tongyeong, Yeosu

Military and Security

Republic of Korea Army, Navy (includes Marine Corps), Air Force (2011)

3 fields
Military expenditures
2.7%of GDP
(2017) · 2.3% of GDP (2016) · 2.3% of GDP (2015) · 2.64% of GDP (2014) · 2.63% of GDP (2013)

Military branches

Republic of Korea Army, Navy (includes Marine Corps), Air Force (2011)

Military service age and obligation

  • 18-35 years of age for compulsory military service, with middle school education required;
  • minimum 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 (2017)

Transnational Issues

2 fields

Disputes - international

Military Demarcation Line within the 4-km-wide Demilitarized Zone has separated North from South Korea since 1953periodic incidents with North Korea in the Yellow Sea over the Northern Limit Line, which South Korea claims as a maritime boundarySouth Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954

Refugees and internally displaced persons

stateless persons: 197 (2017)

Cite this entry

Central Intelligence Agency. “Korea, South.” The World Factbook 2018. Archived by The Factbook, thefactbook.org/south-korea/2018.