Communications
Broadcast media [time series]
multiple national television 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 are available; publicly-operated radio broadcast networks and a large number of privately-owned radio broadcasting networks, each with multiple affiliates, and independent local stations (2008)
Internet country code [time series]
.kr
Internet users (Internet hosts) [time series]
291,329 (2010) country comparison to the world: 58
Internet users [time series]
39.4 million (2009) country comparison to the world: 11
Telecommunication systems (Telephone system) [time series]
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 140 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
Telephones - fixed lines (Telephones - main lines in use) [time series]
19.289 million (2009) country comparison to the world: 15
Telephones - mobile cellular [time series]
47.944 million (2009) country comparison to the world: 25
Economy
Agricultural products (Agriculture - products) [time series]
rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Central bank discount rate [time series]
1.25% (31 December 2009) country comparison to the world: 133 1.75% (31 December 2008)
Commercial bank prime lending rate [time series]
5.65% (31 December 2009 est.) country comparison to the world: 126 7.17% (31 December 2008 est.)
Current account balance [time series]
$36.35 billion (2010 est.) country comparison to the world: 12 $42.67 billion (2009 est.)
Debt - external [time series]
$370.1 billion (31 December 2010 est.) country comparison to the world: 24 $370.8 billion (31 December 2009 est.)
Gini Index coefficient - distribution of family income (Distribution of family income - Gini index) [time series]
31.4 (2009) country comparison to the world: 104 35.8 (2000)
Economic overview (Economy - overview) [time series]
Since the 1960s, South Korea has achieved an incredible record of growth and global integration to become a high-tech industrialized economy. Four decades ago, 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 currently is among the world's 20 largest economies. 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 4-5% annually between 2003 and 2007. With the global economic downturn in late 2008, South Korean GDP growth slowed to 0.2% in 2009. In the third quarter of 2009, the economy began to recover, in large part due to export growth, low interest rates, and an expansionary fiscal policy, and growth exceeded 6% in 2010. The South Korean economy's long term challenges include a rapidly aging population, inflexible labor market, and overdependence on manufacturing exports to drive economic growth.
Electricity - consumption [time series]
402 billion kWh (2009 est.) country comparison to the world: 11
Electricity - exports [time series]
0 kWh (2009)
Electricity - imports [time series]
0 kWh (2009)
Electricity - production [time series]
417 billion kWh (2009 est.) country comparison to the world: 11
Exchange rates [time series]
South Korean won (KRW) per US dollar - 1,153.77 (2010), 1,276.93 (2009), 1,101.7 (2008), 929.2 (2007), 954.8 (2006)
Exports [time series]
$466.3 billion (2010 est.) country comparison to the world: 7 $373.6 billion (2009 est.)
Exports - commodities [time series]
semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners [time series]
China 21.5%, US 10.9%, Japan 6.6%, Hong Kong 4.6% (2008)
GDP (official exchange rate) [time series]
$986.3 billion (2010 est.)
Real GDP (purchasing power parity) (GDP (purchasing power parity)) [time series]
$1.467 trillion (2010 est.) country comparison to the world: 13 $1.383 trillion (2009 est.) $1.38 trillion (2008 est.) note: data are in 2010 US dollars
GDP - composition, by sector of origin (GDP - composition by sector) [time series]
agriculture: 3% industry: 39.4% services: 57.6% (2008 est.)
Real GDP per capita (GDP - per capita (PPP)) [time series]
$30,200 (2010 est.) country comparison to the world: 45 $28,500 (2009 est.) $28,500 (2008 est.) note: data are in 2010 US dollars
Real GDP growth rate (GDP - real growth rate) [time series]
6.1% (2010 est.) country comparison to the world: 35 0.2% (2009 est.) 2.3% (2008 est.)
Household income or consumption by percentage share [time series]
lowest 10%: 2.7% highest 10%: 24.2% (2007)
Imports [time series]
$417.9 billion (2010 est.) country comparison to the world: 9 $317.5 billion (2009 est.)
Imports - commodities [time series]
machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners [time series]
China 17.7%, Japan 14%, US 8.9%, Saudi Arabia 7.8%, UAE 4.4%, Australia 4.1% (2008)
Industrial production growth rate [time series]
12.1% (2010 est.) country comparison to the world: 6
Industries [time series]
electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Inflation rate (consumer prices) [time series]
3% (2010 est.) country comparison to the world: 91 2.8% (2009 est.)
Investment (gross fixed) [time series]
28.7% of GDP (2010 est.) country comparison to the world: 23
Labor force [time series]
24.62 million (2010 est.) country comparison to the world: 25
Labor force - by occupation [time series]
agriculture: 7.3% industry: 24.3% services: 68.4% (2010 est.)
Market value of publicly traded shares [time series]
$836.5 billion (31 December 2009) country comparison to the world: 17 $494.6 billion (31 December 2008) $1.124 trillion (31 December 2007)
Natural gas - consumption [time series]
34.09 billion cu m (2009 est.) country comparison to the world: 25
Natural gas - exports [time series]
0 cu m (2009 est.) country comparison to the world: 79
Natural gas - imports [time series]
32.69 billion cu m (2009 est.) country comparison to the world: 10
Natural gas - production [time series]
651 million cu m (2009 est.) country comparison to the world: 66
Natural gas - proved reserves [time series]
50 billion cu m (1 January 2008 est.) country comparison to the world: 64
Oil - consumption [time series]
2.185 million bbl/day (2010 est.) country comparison to the world: 10
Oil - exports [time series]
907,100 bbl/day country comparison to the world: 21 note: exports consist of oil derivatives (gasoline, light oil, and diesel), not crude oil (2009)
Oil - imports [time series]
3.074 million bbl/day (2009) country comparison to the world: 5
Oil - production [time series]
48,180 bbl/day (2010 est.) country comparison to the world: 65
Oil - proved reserves [time series]
0 bbl (1 January 2010 est.) country comparison to the world: 162
Population below poverty line [time series]
15% (2006 est.)
Public debt [time series]
23.7% of GDP (2010 est.) country comparison to the world: 101 23.5% of GDP (2009 est.)
Reserves of foreign exchange and gold [time series]
$274.6 billion (31 December 2010 est.) country comparison to the world: 7 $270 billion (31 December 2009 est.)
Stock of broad money [time series]
$1.346 trillion (31 December 2009) country comparison to the world: 13 $1.132 trillion (31 December 2008)
Stock of direct foreign investment - abroad [time series]
$115.6 billion (31 December 2009) country comparison to the world: 25 $74.6 billion (30 June 2008)
Stock of direct foreign investment - at home [time series]
$112.1 billion (31 December 2010 est.) country comparison to the world: 30 $110.8 billion (31 December 2009 est.)
Stock of domestic credit [time series]
$1.057 trillion (31 December 2010 est.) country comparison to the world: 15 $935.4 billion (31 December 2009 est.)
Stock of narrow money [time series]
$101.9 billion (31 December 2010 est) country comparison to the world: 30 $82.54 billion (31 December 2009 est)
Unemployment rate [time series]
3.7% (2010 est.) country comparison to the world: 33 3.7% (2009 est.)
Geography
total: 99,720 sq km country comparison to the world: 108 land: 96,920 sq km water: 2,800 sq km
Area - comparative [time series]
slightly larger than Indiana
Climate [time series]
temperate, with rainfall heavier in summer than winter
Coastline [time series]
2,413 km
Elevation (Elevation extremes) [time series]
lowest point: Sea of Japan 0 m highest point: Halla-san 1,950 m
Environment - current issues [time series]
air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
International environmental agreements (Environment - international agreements) [time series]
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
Total water withdrawal (Freshwater withdrawal (domestic/industrial/agricultural)) [time series]
total: 18.59 cu km/yr (36%/16%/48%) per capita: 389 cu m/yr (2000)
Geographic coordinates [time series]
37 00 N, 127 30 E
Geography - note [time series]
strategic location on Korea Strait
Irrigated land [time series]
8,780 sq km (2003)
Land boundaries [time series]
total: 238 km border countries: North Korea 238 km
Land use [time series]
arable land: 16.58% permanent crops: 2.01% other: 81.41% (2005)
Location [time series]
Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references [time series]
Asia
Maritime claims [time series]
territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait contiguous zone: 24 nm exclusive economic zone: 200 nm continental shelf: not specified
Natural hazards [time series]
occasional typhoons bring high winds and floods; low-level seismic activity common in southwest volcanism: Halla (elev. 1,950 m, 6,398 ft) is considered historically active although it has not erupted in many centuries
Natural resources [time series]
coal, tungsten, graphite, molybdenum, lead, hydropower potential
Terrain [time series]
mostly hills and mountains; wide coastal plains in west and south
Total renewable water resources [time series]
69.7 cu km (1999)
Government
Administrative divisions [time series]
9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural) provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang) metropolitan cities: Inch'on-gwangyoksi, Kwangju-gwangyoksi, Pusan-gwangyoksi, Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi, Taejon-gwangyoksi, Ulsan-gwangyoksi
Capital [time series]
name: Seoul geographic coordinates: 37 33 N, 126 59 E time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
Constitution [time series]
17 July 1948; note - amended or rewritten many times; current constitution approved on 29 October 1987
Country name [time series]
conventional long form: Republic of Korea conventional short form: South Korea local long form: Taehan-min'guk local short form: Han'guk abbreviation: ROK
Diplomatic representation from the US [time series]
chief of mission: Ambassador Kathleen STEPHENS embassy: 32 Sejongno, Jongno-gu, Seoul 110-710 mailing address: US Embassy Seoul, APO AP 96205-5550 telephone: [82] (2) 397-4114 FAX: [82] (2) 738-8845
Diplomatic representation in the US [time series]
chief of mission: Ambassador HAN Duck-soo chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-5600 FAX: [1] (202) 387-0205 consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
Executive branch [time series]
chief of state: President LEE Myung-bak (since 25 February 2008) head of government: Prime Minister KIM Hwang-sik (since 1 October 2010) 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; election last held on 19 December 2007 (next to be held in December 2012); prime minister appointed by president with consent of National Assembly election results: LEE Myung-bak elected president on 19 December 2007; percent of vote - LEE Myung-bak (GNP) 48.7%; CHUNG Dong-young (UNDP) 26.1%); LEE Hoi-chang (independent) 15.1; others 10.1%
Flag (Flag description) [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; 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
Government type [time series]
republic
Independence [time series]
15 August 1945 (from Japan)
International organization participation [time series]
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, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA (observer), MIGA, MINURSO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), Paris Club (associate), PCA, PIF (partner), SAARC (observer), UN, UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIL, UNMOGIP, UNOCI, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC
Judicial branch [time series]
Supreme Court (justices appointed by the president with consent of National Assembly); Constitutional Court (justices appointed by the president based partly on nominations by National Assembly and Chief Justice of the court)
Legal system [time series]
combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought; has not accepted compulsory ICJ jurisdiction
Legislative branch [time series]
unicameral National Assembly or Kukhoe (299 seats; 245 members elected in single-seat constituencies, 54 elected by proportional representation; members serve four-year terms) elections: last held on 9 April 2008 (next to be held in April 2012) election results: percent of vote by party - NA; seats by party - GNP 172, UDP 83, LFP 20, PPA 8, DLP 5, RKP 1, independents 9
National anthem(s) (National anthem) [time series]
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 and South Korea's anthems share the same name and have a vaguely similar melody but have different lyrics
National holiday [time series]
Liberation Day, 15 August (1945)
Political parties (Political parties and leaders) [time series]
Democratic Party or DP [CHUNG Sye-kyun] (formerly the United Democratic Party or UDP); Democratic Labor Party or DLP [KANG Ki-kap]; Grand National Party or GNP [AHN Sang-soo]; Liberty Forward Party or LFP [LEE Hoi-chang]; New Progressive Party or NPP [ROH Hoe-chan]; Pro-Park Alliance or PPA [SUH Choung-won]; Renewal Korea Party or RKP [SONG Yong-o]
Political parties (Political pressure groups and leaders) [time series]
Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Suffrage [time series]
19 years of age; universal
Introduction
Background [time series]
An independent Korean state or collection of states has existed almost continuously for several millennia. Between its initial unification in the 7th century - from three predecessor Korean states - until the 20th century, Korea existed as a single independent country. In 1905, following the Russo-Japanese War, Korea became a protectorate of imperial Japan, and in 1910 it was annexed as a colony. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a 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 (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 17 times the level of North Korea. In 1993, KIM Young-sam became South Korea's first civilian president following 32 years of military rule. South Korea today is a fully functioning modern democracy. President LEE Myung-bak has pursued a policy of global engagement since taking office in February 2008, highlighted by Seoul's hosting of the G-20 summit in November 2010. 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.
Military
Manpower available for military service [time series]
males age 16-49: 13,274,442 females age 16-49: 12,542,699 (2010 est.)
Manpower fit for military service [time series]
males age 16-49: 10,929,625 females age 16-49: 10,264,608 (2010 est.)
Manpower reaching militarily significant age annually [time series]
male: 370,645 female: 321,765 (2010 est.)
Military and security forces (Military branches) [time series]
Republic of Korea Army, Navy (includes Marine Corps), Air Force (2009)
Military expenditures [time series]
2.7% of GDP (2006) country comparison to the world: 53
Military service age and obligation [time series]
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; some 4,000 women serve as commissioned and noncommissioned officers, approx. 2.3% of all officers; HIV-positive individuals are exempt from military service (2010)
People
Age structure [time series]
0-14 years: 16.8% (male 4,278,581/female 3,887,516) 15-64 years: 72.3% (male 17,897,053/female 17,196,840) 65 years and over: 10.8% (male 2,104,589/female 3,144,393) (2010 est.)
Birth rate [time series]
8.72 births/1,000 population (2010 est.) country comparison to the world: 215
Death rate [time series]
6.15 deaths/1,000 population (July 2010 est.) country comparison to the world: 160
Education expenditure (Education expenditures) [time series]
4.2% of GDP (2007) country comparison to the world: 100
Ethnic groups [time series]
homogeneous (except for about 20,000 Chinese)
HIV/AIDS - adult prevalence rate [time series]
less than 0.1% (2007 est.) country comparison to the world: 148
HIV/AIDS - deaths [time series]
fewer than 500 (2007 est.) country comparison to the world: 87
HIV/AIDS - people living with HIV/AIDS [time series]
13,000 (2007 est.) country comparison to the world: 94
Infant mortality rate [time series]
total: 4.24 deaths/1,000 live births country comparison to the world: 199 male: 4.46 deaths/1,000 live births female: 4 deaths/1,000 live births (2010 est.)
Languages [time series]
Korean, English widely taught in junior high and high school
Life expectancy at birth [time series]
total population: 78.81 years country comparison to the world: 42 male: 75.56 years female: 82.28 years (2010 est.)
Literacy [time series]
definition: age 15 and over can read and write total population: 97.9% male: 99.2% female: 96.6% (2002)
Median age [time series]
total: 37.9 years male: 36.5 years female: 39.1 years (2010 est.)
Nationality [time series]
noun: Korean(s) adjective: Korean
Net migration rate [time series]
0 migrant(s)/1,000 population (2010 est.) country comparison to the world: 94
Population [time series]
48,636,068 (July 2010 est.) country comparison to the world: 26
Population growth rate [time series]
0.258% (2010 est.) country comparison to the world: 176
Religions [time series]
Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 census)
School life expectancy (primary to tertiary education) [time series]
total: 17 years male: 18 years female: 16 years (2008)
Sex ratio [time series]
at birth: 1.07 male(s)/female under 15 years: 1.1 male(s)/female 15-64 years: 1.04 male(s)/female 65 years and over: 0.67 male(s)/female total population: 1 male(s)/female (2010 est.)
Total fertility rate [time series]
1.22 children born/woman (2010 est.) country comparison to the world: 219
Urbanization [time series]
urban population: 81% of total population (2008) rate of urbanization: 0.6% annual rate of change (2005-10 est.)
Transnational Issues
Disputes - international [time series]
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
Transportation
Airports [time series]
116 (2010) country comparison to the world: 53
Airports - with paved runways [time series]
total: 72 over 3,047 m: 4 2,438 to 3,047 m: 21 1,524 to 2,437 m: 13 914 to 1,523 m: 12 under 914 m: 22 (2010)
Airports - with unpaved runways [time series]
total: 44 914 to 1,523 m: 2 under 914 m: 42 (2010)
Heliports [time series]
510 (2010)
Merchant marine [time series]
total: 819 country comparison to the world: 14 by type: bulk carrier 201, cargo 246, carrier 5, chemical tanker 132, container 69, liquefied gas 40, passenger 5, passenger/cargo 21, petroleum tanker 67, refrigerated cargo 15, roll on/roll off 9, vehicle carrier 9 foreign-owned: 33 (China 9, France 1, Japan 15, US 8) registered in other countries: 438 (Cambodia 11, Ghana 1, Honduras 6, Hong Kong 3, Indonesia 1, Kiribati 2, Liberia 1, Malta 3, Marshall Islands 25, North Korea 1, Panama 366, Philippines 1, Russia 1, Singapore 9, Tuvalu 1, unknown 6) (2010)
Pipelines [time series]
gas 1,423 km; refined products 827 km (2009)
Ports (Ports and terminals) [time series]
Inch'on, P'ohang, Pusan, Ulsan, Yosu
Railways [time series]
total: 3,381 km country comparison to the world: 51 standard gauge: 3,381 km 1.435-m gauge (1,843 km electrified) (2008)
Roadways [time series]
total: 103,029 km country comparison to the world: 41 paved: 80,642 km (includes 3,367 km of expressways) unpaved: 22,387 km (2008)
Waterways [time series]
1,608 km; (most navigable only by small craft) (2010) country comparison to the world: 50