ARCHIVE // KR // 1994
Korea, South
1994 Edition — sovereign
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Communications
Airports
[time series]
total: 104 usable: 95 with permanent-surface runways: 61 with runways over 3,659 m: 0 with runways 2,440-3,659 m: 23 with runways 1,220-2,439 m: 18
Roadways
(Highways)
[time series]
total: 63,201 km paved: expressways 1,551 km unpaved: NA undifferentiated: national highway 12,190 km; provincial, local roads 49,460 km (1991)
Waterways
(Inland waterways)
[time series]
1,609 km; use restricted to small native craft
Merchant marine
[time series]
417 ships (1,000 GRT or over) totaling 6,425,920 GRT/10,535,850 DWT, bulk 123, cargo 132, chemical tanker 16, combination bulk 2, combination ore/oil 2, container 60, liquefied gas 13, multifunction large-load carrier 1, oil tanker 47, refrigerated cargo 11, short-sea passenger 1, vehicle carrier 9
Pipelines
[time series]
petroleum products 455 km
Ports
[time series]
Pusan, Inch'on, Kunsan, Mokp'o, Ulsan
Railways
(Railroads)
[time series]
3,091 km total (1991); 3,044 km 1.435 meter standard gauge, 47 km 0.610-meter narrow gauge, 847 km double track; 525 km electrified, government owned
Telecommunication systems
(Telecommunications)
[time series]
excellent domestic and international services; 13,276,449 telephone subscribers; broadcast stations - 79 AM, 46 FM, 256 TV (57 of 1 kW or greater); satellite earth stations - 2 Pacific Ocean INTELSAT and 1 Indian Ocean INTELSAT
Defense Forces
Military and security forces
(Branches)
[time series]
Army, Navy, Marine Corps, Air Force
Military expenditures
(Defense expenditures)
[time series]
exchange rate conversion - $13.0 billion, 3.6% of GNP (1994 est.)
Manpower availability
[time series]
males age 15-49 13,435,598; fit for military service 8,623,325; reach military age (18) annually 417,055 (1994 est.)
Economy
Agricultural products
(Agriculture)
[time series]
accounts for 8% of GNP and employs 21% of work force (including fishing and forestry); principal crops - rice, root crops, barley, vegetables, fruit; livestock and livestock products - cattle, hogs, chickens, milk, eggs; self-sufficient in food, except for wheat; fish catch of 2.9 million metric tons, seventh-largest in world
Budget
[time series]
revenues: $48.4 billion expenditures: $48.4 billion, including capital expenditures of $NA (1993 est.)
Exchange rates
(Currency)
[time series]
1 South Korean won (W) = 100 chun (theoretical)
Economic aid
[time series]
recipient: US commitments, including Ex-Im (FY70-89), $3.9 billion; non-US countries (1970-89), $3 billion
Electricity
[time series]
capacity: 27,016 kW (1993) production: 105 billion kWh (1992) consumption per capita: 2,380 kWh (1992)
Exchange rates
[time series]
South Korean won (W) per US$1 - 810.48 (January 1994), 802.68 (1993), 780.65 (1992), 733.35 (1991), 707.76 (1990), 671.46 (1989)
Exports
[time series]
$81 billion (f.o.b., 1993) commodities: electronic and electrical equipment, machinery, steel, automobiles, ships, textiles, clothing, footwear, fish partners: US 26%, Japan 17%, EC 14%
Debt - external
(External debt)
[time series]
$42 billion (1992)
Fiscal year
[time series]
calendar year
Imports
[time series]
$78.9 billion (c.i.f., 1993) commodities: machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains partners: Japan 26%, US 24%, EC 15%
Industrial production growth rate
(Industrial production)
[time series]
growth rate 5% (1992 est.); accounts for about 45% of GNP
Industries
[time series]
electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing
Inflation rate (consumer prices)
[time series]
4.8% (1993)
Real GDP (purchasing power parity)
(National product)
[time series]
GNP - purchasing power equivalent - $424 billion (1993 est.)
Real GDP per capita
(National product per capita)
[time series]
$9,500 (1993 est.)
Real GDP growth rate
(National product real growth rate)
[time series]
6.3% (1993)
Economic overview
(Overview)
[time series]
The driving force behind the economy's dynamic growth has been the planned development of an export-oriented economy in a vigorously entrepreneurial society. Real GNP increased more than 10% annually between 1986 and 1991. This growth ultimately led to an overheated situation characterized by a tight labor market, strong inflationary pressures, and a rapidly rising current account deficit. As a result, in 1992, economic policy focused on slowing the growth rate of inflation and reducing the deficit. Annual growth slowed to 5%, still above the rate in most other countries of the world. Growth increased to 6.3% in 1993 as a result of fourth quarter manufacturing production growth of over 10% and is expected to be in the 8% range for 1994.
Unemployment rate
[time series]
2.6% (October 1993)
Geography
Area
[time series]
total area: 98,480 sq km land area: 98,190 sq km comparative area: slightly larger than Indiana
Climate
[time series]
temperate, with rainfall heavier in summer than winter
Coastline
[time series]
2,413 km
Environment - current issues
(Environment)
[time series]
current issues: air pollution in large cities; water pollution from the discharge of sewage and industrial effluents natural hazards: occasional typhoons bring high winds and floods; earthquakes in southwest international agreements: party to - Antarctic Treaty, Climate Change, Environmental Modification, Hazardous Wastes, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber, Whaling; signed, but not ratified - Antarctic-Environmental Protocol, Biodiversity, Law of the Sea
Disputes - international
(International disputes)
[time series]
Demarcation Line with North Korea; Liancourt Rocks claimed by Japan
Irrigated land
[time series]
13,530 sq km (1989)
Land boundaries
[time series]
total 238 km, North Korea 238 km
Land use
[time series]
arable land: 21% permanent crops: 1% meadows and pastures: 1% forest and woodland: 67% other: 10%
Location
[time series]
Eastern Asia, between North Korea and Japan
Map references
[time series]
Asia, Standard Time Zones of the World
Maritime claims
[time series]
continental shelf: not specified territorial sea: 12 nm; 3 nm in the Korea Strait
Natural resources
[time series]
coal, tungsten, graphite, molybdenum, lead, hydropower
Terrain
[time series]
mostly hills and mountains; wide coastal plains in west and south
Government
Abbreviation
[time series]
ROK
Administrative divisions
[time series]
9 provinces (do, singular and plural) and 6 special cities* (jikhalsi, singular and plural); Cheju-do, Cholla-bukto, Cholla-namdo, Ch'ungch'ong-bukto, Ch'ungch'ong-namdo, Inch'on-jikhalsi*, Kangwon-do, Kwangju-jikhalsi*, Kyonggi-do, Kyongsang-bukto, Kyongsang-namdo, Pusan-jikhalsi*, Soul-t'ukpyolsi*, Taegu-jikhalsi*, Taejon-jikhalsi*
Capital
[time series]
Seoul
Constitution
[time series]
25 February 1988
Digraph
[time series]
KS
Diplomatic representation in the US
(Diplomatic representation in US)
[time series]
chief of mission: Ambassador HAN Sung-su chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: (202) 939-5600 consulate(s) general: Agana (Guam), Anchorage, Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco, and Seattle
Executive branch
[time series]
chief of state: President KIM Yong-sam (since 25 February 1993); election last held on 18 December 1992 (next to be held NA December 1997); results - KIM Yong-sam (DLP) 41.9%, KIM Tae-chung (DP) 33.8%, CHONG Chu-yong (UPP) 16.3%, other 8% head of government: Prime Minister YI Yong-tok (since 29 April 1994); Deputy Prime Minister CHONG Chae-sok (since 21 December 1993) and Deputy Prime Minister YI Hong-ku (since 30 April 1994) cabinet: State Council; appointed by the president on the prime minister's recommendation
Diplomatic representation in the US
(FAX)
[time series]
[82] (2) 738-8845 consulate(s): Pusan
Flag
[time series]
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
Independence
[time series]
15 August 1948
Judicial branch
[time series]
Supreme Court
Legal system
[time series]
combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought
Legislative branch
[time series]
unicameral
International organization participation
(Member of)
[time series]
AfDB, APEC, AsDB, CCC, COCOM (cooperating), CP, EBRD, ESCAP, FAO, G-77, GATT, IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IFAD, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LORCS, OAS (observer), UN, UNCTAD, UNESCO, UNIDO, UNOSOM, UPU, WHO, WIPO, WMO, WTO
Country name
(Names)
[time series]
conventional long form: Republic of Korea conventional short form: South Korea local long form: Taehan-min'guk local short form: none
Legislative branch
(National Assembly (Kukhoe))
[time series]
elections last held on 24 March 1992; results - DLP 38.5%, DP 29.2%, Unification National Party (UNP) 17.3% (name later changed to UPP), other 15%; seats - (299 total) DLP 149, DP 97, UNP 31, other 22; the distribution of seats as of January 1994 was DLP 172, DP 96, UPP 11, other 20 note: the change in the distribution of seats reflects the fluidity of the current situation where party members are constantly switching from one party to another
National holiday
[time series]
Independence Day, 15 August (1948)
Political parties
(Other political or pressure groups)
[time series]
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
Political parties
(Political parties and leaders)
[time series]
majority party: Democratic Liberal Party (DLP), KIM Yong-sam, president opposition: Democratic Party (DP), YI Ki-taek, executive chairman; United People's Party (UPP), KIM Tong-kil, chairman; several smaller parties note: the DLP resulted from a merger of the Democratic Justice Party (DJP), Reunification Democratic Party (RDP), and New Democratic Republican Party (NDRP) on 9 February 1990
Suffrage
[time series]
20 years of age; universal
Government type
(Type)
[time series]
republic
Diplomatic representation from the US
(US diplomatic representation)
[time series]
chief of mission: Ambassador James T. LANEY embassy: 82 Sejong-Ro, Chongro-ku, Seoul mailing address: American Embassy, Unit 15550, Seoul; APO AP 96205-0001 telephone: [82] (2) 397-4000 through 4008 and 397-4114
People
Birth rate
[time series]
15.7 births/1,000 population (1994 est.)
Death rate
[time series]
6.17 deaths/1,000 population (1994 est.)
Ethnic groups
(Ethnic divisions)
[time series]
homogeneous (except for about 20,000 Chinese)
Infant mortality rate
[time series]
21.7 deaths/1,000 live births (1994 est.)
Labor force
[time series]
20 million by occupation: services and other 52%, mining and manufacturing 27%, agriculture, fishing, forestry 21% (1991)
Languages
[time series]
Korean, English widely taught in high school
Life expectancy at birth
[time series]
total population: 70.59 years male: 67.39 years female: 73.98 years (1994 est.)
Literacy
[time series]
age 15 and over can read and write (1990 est.) total population: 96% male: 99% female: 99%
Nationality
[time series]
noun: Korean(s) adjective: Korean
Net migration rate
[time series]
0.91 migrant(s)/1,000 population (1994 est.)
Population
[time series]
45,082,880 (July 1994 est.)
Population growth rate
[time series]
1.04% (1994 est.)
Religions
[time series]
Christianity 48.6%, Buddhism 47.4%, Confucianism 3%, pervasive folk religion (shamanism), Chondogyo (Religion of the Heavenly Way) 0.2%
Total fertility rate
[time series]
1.65 children born/woman (1994 est.)