South Korea

Official Name:	The Republic of Korea
Sovereign Status:	Sovereign Country
Government Type:	Presidential Republic
Official Name (Local Language):	Taehan-min'guk
ISO Country Codes:	KR : KOR
Internet Domain:	.kr
Government Web Site:	https://korea.assembly.go.kr:447/

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UN Location Codes

IATA Airports

Capital:	Seoul	Main Airports:	Incheon International Airport
Language(s):	Korean	Population:	51,844,834
Currency:	South Korean Won	ISO Currency Code:	KRW
Telephone Dial In:	+82	ID Prefix:	001

Source: Central Intelligence Agency Factbook

Country Summaries:

BBC; CIA Factbook; Commisceo Global; Country Code; Infoplease; International Model United Nations Association; Law Library of Congress; NationMaster; NationsOnline; UNESCO;

Political & Cultural Organisations:

Alliance of Small Island States; Australia Group; Central American Integration System; Inter Parliamentary Union; Organisation Internationale de la Francophonie; Pacific Alliance; UN; UNESCO;

Travel Guides:

Fodor's Travel; Lonely Planet; Rough Guide

News Resources:

News Agency

Show

Yonhap News Agency;

Newspaper

Show

Korea Economic Daily;

Radio

Show

Buddhist Broadcasting System (BBS);

Christian Broadcasting System (CBS);

KBS World Radio;

Korea Broadcasting System (KBS);

MBC Network;

Radio SA;

Seoul Broadcasting System;

tbs eFM;

South Korea

Government Website:	https://korea.assembly.go.kr:447/
Sovereign Ratings:	https://countryeconomy.com/ratings/south-korea
Central Bank:	Bank of Korea
Currency USD Exchange Rate:	1,084.65 South Korean won (KRW) per US dollar (2020 est.)
Unemployment Rate:	3.76% (2019 est.)
Population below poverty line:	14.4% (2016 est.)
Inflation Rate:	0.3% (2019 est.)

Prime Lending Rate:	2.74% (Dec-20 - TradingEconomics)
GDP:	$2.289 trillion (2021 est.)
GDP Pro Capita (PPP):	$44,200 (2021 est.)
Currency Name:	South Korean Won
Currency Code:	KRW
World Bank Classification:	High-Income Economy

GDP Composition:

Agriculture:	2.2%	rice, root crops, barley, vegetables, fruit, cattle, pigs, chickens, milk, eggs, fish
Industry:	38.6%	electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Services:	59.2%

Source: Central Intelligence Agency Factbook

Financial & Economic Organisations:

African Development Bank; Asian Development Bank; EBRD; FAO; G20; IMF; International Energy Agency; International Labour Organization; OECD; Un Economic and Social Commission for Asia the Pacific; Un Economic Commission for Latin America the Caribbean UNIDO; World Bank;

Financial & Economic Profiles:

Countryeconomy; EBRD; FAO; IMF; International Energy Agency; International Labour Organization; OECD; UNDP Human Development; World Bank;

Financial Exchanges:

Stock & Securities Exchange: Korea Exchange ;

National Statistics Office:

Korea National Statistical Office;

National Dataset(s):

Focus Economics; Trading Economics;

South Korea

Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Trade Statistics

Trade Summary

Trade Indicators

Business Language(s):	English; Korean
Customs & Excise:	Korea Customs Service
Development Bank(s):	Asian Development Bank; Asian Infrastructure Investment Bank; Korea Development Bank;
National Standards Bureau:	Korean Agency for Technology and Standards

Competitive Ind’l Performance: 32/180 (2021)	Corruption Perceptions Index: 31/180 (2022 Rank)
Ease of Doing Business: N/A	Enabling Trade Index: 27/136 (2016)
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