🇰🇷 South Korea

South Korea is a republic in East and Southeast Asia, home to 49 million people, with its capital at Seoul.

Overview

Overview

South Korea at a glance

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. …

Population
49M
#26 World#7 E & SE Asia
GDP (PPP)
$1.7T
#12 World
GDP per Capita
$33.2K
#41 World#7 E & SE Asia
Area
99.7Kkm²
#109 World#13 E & SE Asia
Military Spend
2.8%
#26 World#3 E & SE Asia
National Infrastructure

🇰🇷 South Korea’s critical and strategic infrastructure, sustaining output, agility and endurance

The National Infrastructure Index maps the physical assets national life runs on — power stations and grids, water systems, ports, railways and airports, data networks, payment systems and launch sites. Each asset is placed in a Strategic Infrastructure capability group, so it can be read against the ratings in the National Capability index above.

Assets are chosen for how much of the economy and state depends on them and how hard they would be to replace. Each card records what the asset is, the category it belongs to, what it does and where it is.

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Example assets. These twenty cards are modelled on China's most critical infrastructure and show on every nation page until each nation's own assets are mapped.

EnergyWater, Sanitation & WasteTransportCommunications & DigitalFinancialSpace, Aerospace & DefenceResourceAgriculture & FoodAdvanced Manufacturing

Critical infrastructure assetsBack to top ↑

Three Gorges Dam

Energy

The world's largest hydropower station by installed capacity, at 22.5 GW, and the main flood-control structure on the Yangtze.

Yichang, Hubei

Baihetan Hydropower Station

Energy

A 16 GW dam on the Jinsha River, built around sixteen 1 GW turbines, the largest single units in service.

Qiaojia, Yunnan

Changji–Guquan UHVDC Line

Energy

A ±1,100 kV direct-current line carrying 12 GW more than 3,000 km from Xinjiang's power bases to the eastern grid.

Changji, Xinjiang

Daya Bay Nuclear Power Station

Energy

China's first large commercial nuclear plant, in service since 1994, with much of its output sold to Hong Kong.

Shenzhen, Guangdong

South–North Water Transfer, Middle Route

Water, Sanitation & Waste

A canal carrying Yangtze basin water more than 1,400 km north from the Danjiangkou Reservoir to Beijing and Tianjin.

Danjiangkou, Hubei

Beijing–Shanghai High-Speed Railway

Transport

The 1,318 km trunk line between the two largest cities, opened in 2011 and one of the busiest high-speed routes in the world.

Beijing

Port of Shanghai

Transport

The world's busiest container port since 2010, including the automated Yangshan deep-water terminals.

Shanghai

Ningbo-Zhoushan Port

Transport

The world's largest port by cargo tonnage, handling iron ore, crude oil and coal for the eastern industrial belt.

Ningbo, Zhejiang

Beijing Daxing International Airport

Transport

The capital's second international hub, opened in 2019 around one of the largest single terminal buildings in the world.

Beijing

Hong Kong–Zhuhai–Macao Bridge

Transport

A 55 km bridge and undersea tunnel system linking the western and eastern shores of the Pearl River Delta, opened in 2018.

Zhuhai, Guangdong

Qinghai–Tibet Railway

Transport

The 1,956 km line from Xining to Lhasa, crossing the Tanggula Pass at 5,072 m, the highest railway in the world.

Lhasa, Tibet

Gui'an National Computing Hub

Communications & Digital

One of eight national data centre hubs under the East Data, West Computing programme, hosting major cloud providers.

Guiyang, Guizhou

Beijing–Shanghai Quantum Backbone

Communications & Digital

A 2,000 km quantum key distribution trunk line through Jinan and Hefei, completed in 2017 for secure government and bank links.

Hefei, Anhui

Cross-Border Interbank Payment System

Financial

CIPS clears and settles cross-border payments in renminbi, launched in 2015 to extend the currency's international reach.

Shanghai

Wenchang Spacecraft Launch Site

Space, Aerospace & Defence

The coastal launch site for Long March 5 heavy-lift rockets, used for the Tiangong station modules and lunar and Mars missions.

Wenchang, Hainan

Jiuquan Satellite Launch Center

Space, Aerospace & Defence

China's first launch site, founded in 1958 in the Gobi Desert, and the base for every crewed Shenzhou mission.

Jiuquan, Gansu

BeiDou Navigation Satellite System

Space, Aerospace & Defence

The national satellite navigation system, providing global positioning and timing since 2020 from its Beijing control segment.

Beijing

Bayan Obo Mining District

Resource

The world's largest known rare-earth deposit and the core of China's rare-earth mining and refining supply chain.

Baotou, Inner Mongolia

Dujiangyan Irrigation System

Agriculture & Food

A weir and channel system built around 256 BC that still irrigates much of the Chengdu Plain's farmland.

Dujiangyan, Sichuan

Yangtze Memory Technologies Fab

Advanced Manufacturing

China's leading maker of 3D NAND flash memory, central to the drive for a domestic semiconductor supply.

Wuhan, Hubei
National Developments

🇰🇷 South Korea’s major milestones and key developments

The National Development Index tracks the events that move a nation's capability — policy decisions, technological milestones, economic turns and external shocks — and places each one on the record with the date it happened and what followed from it. It is the narrative counterpart to the indices: where a rating says where South Korea stands, the index says how it arrived there.

Recent developments cover the current cycle, close enough that their consequences are still unfolding. Historical developments are the inflection points behind the present position — the decisions and events a reader needs in order to read the ratings above in context.

GeopoliticalGovernanceSecurityTechnologyEconomyEnvironmentSociety

Historical Developments

2333 BCDangun is credited with founding Gojoseon, the first Korean polity

Korea's founding mythology dates the establishment of Gojoseon to 2333 BC by the legendary Dangun. The state was later noted in Chinese records and expanded to control the northern peninsula and parts of Manchuria, supplying the origin narrative for Korean national identity.

300 BCProto-Koreans arrived in the southern Korean Peninsula, displacing Japonic speakers

Speakers of proto-Korean, whose linguistic homeland lay in southern Siberia or Manchuria, reached the southern peninsula around 300 BC. They replaced and assimilated the Japonic-speaking Yayoi, likely prompting their migration to the Japanese archipelago and setting the peninsula's enduring linguistic character.

108 BCThe Han dynasty defeated Wiman Joseon and installed four commanderies in northern Korea

Han China's conquest ended Wiman Joseon and imposed direct Chinese administration on the northern peninsula. Three commanderies fell or withdrew within decades, but the Lelang commandery endured for four centuries as a hub of cultural and economic exchange with successive Chinese dynasties.

4th centuryBuddhism was introduced to Korea and adopted as a state religion 1726 years ago

Buddhism reached Korea in the fourth century and became the state religion of Goguryeo in 372 and of Baekje in 528. It shaped royal ideology, art and diplomacy across the Three Kingdoms and was transmitted onward to Japan by Baekje's maritime networks.

313Goguryeo conquered the Lelang commandery, ending four centuries of Chinese rule 1713 years ago

Goguryeo's capture of Lelang in 313 removed the last Chinese administrative foothold in the northern peninsula. It marked the consolidation of indigenous Korean states across the territory formerly governed from China.

7th centuryGoguryeo defeated a Sui invasion force said to number over a million men 1426 years ago

The Goguryeo–Sui War saw the militaristic northern kingdom repel one of the largest armies ever fielded by a Chinese dynasty. The victory confirmed Goguryeo as the dominant power on the peninsula and a strategic counterweight to continental empires.

676Silla achieved the unification of the Three Kingdoms 1350 years ago

Using opportunistic alliances, including with Tang China, the smallest of the three kingdoms unified the peninsula in 676. This began the Northern and Southern States period, with relatively peaceful relations with China and a golden age of art, wealth and maritime trade centred on Gyeongju.

8th–9th centuryLate Silla dominated East Asian maritime trade under figures such as Chang Pogo 1326 years ago

Silla inherited Baekje's maritime prowess and controlled trade between China, Korea and Japan during the eighth and ninth centuries. Korean merchant communities were established on the Shandong Peninsula and at the mouth of the Yangtze, while Gyeongju grew into the world's fourth largest city.

926Balhae fell to the Khitan Empire, ending the Goguryeo successor state 1100 years ago

The collapse of Balhae in 926 removed Korean-linked rule over Manchuria and parts of the Russian Far East. A decade later its last crown prince fled south to Goryeo, where he was absorbed into the ruling family, symbolically reuniting the two Goguryeo successor states.

936Wang Geon united the Later Three Kingdoms and established Goryeo 1090 years ago

Wang Geon's unification in 936 created Goryeo as the self-declared successor to Goguryeo and ended the fragmentation of the Later Three Kingdoms. The dynasty's lasting unification of the peninsula established the basis of the modern Korean identity and gave Europeans the name 'Korea'.

11th–13th centuryGoryeo invented the metal movable type printing press and completed the Tripitaka Koreana 1026 years ago

After defeating the Khitan Empire, Goryeo entered a century-long golden age of printing and publishing, completing the Tripitaka Koreana. The technology promoted education and the diffusion of philosophy, literature, religion and science; by 1100 twelve universities were producing notable scholars.

13th centuryThe Goryeo court submitted as a vassal of the Yuan dynasty after decades of Mongol invasions 826 years ago

Following three decades of devastating Mongol invasions, Goryeo — never fully conquered but gravely weakened — sent its crown prince to pledge allegiance to Kublai Khan. Korea remained a semi-autonomous tributary ally for 86 years, with successive kings marrying Mongol princesses.

mid-14th centuryGoryeo drove out the Mongols and recovered its northern territories 726 years ago

In the mid-fourteenth century Goryeo expelled Mongol power, regained northern lands, briefly conquered Liaoyang and repelled Red Turban invasions. The military revival raised the standing of commanders such as Yi Seong-gye, who would soon seize the throne.

1392General Yi Seong-gye staged a coup and founded the Joseon dynasty 634 years ago

Ordered to attack China, Yi Seong-gye turned his army around and seized power in 1392. He established the House of Yi, renamed the state Joseon after Gojoseon and moved the capital to Hanseong, beginning a dynasty that lasted until 1897.

1446King Sejong promulgated Hangul, a new alphabet for the Korean language 580 years ago

Sejong the Great commissioned scholars to design a simplified writing system to replace the use of Chinese characters, publishing the Hunminjeongeum document in 1446. Hangul became the primary script of both Koreas and is credited with helping achieve one of the world's highest literacy rates.

1511Afonso de Albuquerque first described Goryeo traders to Europeans after conquering Malacca 515 years ago

When the Portuguese took Malacca in 1511, Albuquerque recorded traders from the Kingdom of Goryeo as the 'Gores'. This was Europe's first knowledge of Korea, later reflected in Portuguese maps of 1568 and the seventeenth-century form 'Corea'.

1592–98Joseon Korea repelled two Japanese invasions in the Imjin War 434 years ago

Toyotomi Hideyoshi's forces invaded in 1592 and again in 1597, before being driven out with Ming Chinese support and naval victories led by Admiral Yi Sun-sin's armoured turtle ships. The war devastated the Korean peninsula and reshaped power balances across East Asia.

1627–37The Manchus invaded a war-weakened Joseon twice 399 years ago

Exploiting Joseon's exhaustion after the Japanese invasions, Manchu armies invaded in 1627 and again in 1637. Once relations with the Qing dynasty were normalised, Joseon entered nearly two centuries of peace, with a cultural renaissance under Kings Yeongjo and Jeongjo in the eighteenth century.

18th centuryChristianity took root in Korea amid state-sponsored Westernisation 326 years ago

Unlike elsewhere in East Asia, Christianity found fertile ground in Korea during the eighteenth century, aided by a declining monarchy that opened the country to proselytism as part of a Westernisation project. Weak Korean shamanism and a Buddhism suppressed for five centuries left the field open to Christian churches.

1882Joseon signed the Joseon–United States Treaty, opening its borders 144 years ago

The 1882 treaty forced the 'hermit kingdom' to abandon strict isolationism under pressure from foreign powers. It came amid economic difficulty, corruption by royal in-law families and widespread uprisings including the Donghak Peasant Revolution.

1897King Gojong proclaimed the Korean Empire, renaming the state 129 years ago

In 1897 Gojong changed the country's official name from Joseon to Daehan Jeguk, the Great Han Empire. The new empire pursued modernisation and reform but survived only until Japanese annexation in 1910.

1905Japan compelled Korea to become a protectorate 121 years ago

Having defeated Qing China and the Russian Empire, Japan forced Korea into protectorate status in 1905. This stripped the Korean Empire of foreign policy autonomy and set the stage for formal annexation five years later.

1910Japan formally annexed the Korean Peninsula 116 years ago

An independent kingdom for much of its long history, Korea was occupied by Japan from 1905 following the Russo-Japanese War, and Tokyo annexed the entire peninsula in 1910, beginning 35 years of colonial rule. Japan pursued forced assimilation, suppressing the Korean language, culture and history and imposing Japanese-style architecture and Imperial Shinto. The colonial period remains a central grievance in Korea–Japan relations.

1919Korean nationalists launched the March First Movement against colonial rule 107 years ago

Mass protests in March 1919 challenged Japanese assimilation policy and led to the founding of exile resistance groups, principally in China, among them the Provisional Government of the Republic of Korea. The date is commemorated as Korean Independence Day.

1943The Allies pledged a liberated unified Korea in the Cairo Declaration 83 years ago

The 1943 Cairo Declaration set out Allied intent to free a unified Korean peninsula from Japanese rule. Escalating Soviet–American tensions instead produced partition, making the declaration's promise unfulfilled.

August 1945Korea was liberated from Japanese colonial rule and divided at the 38th parallel 81 years ago

Japan's 35-year annexation, formalised in 1910, ended with its defeat in the Second World War in August 1945, a liberation still marked as Liberation Day. The United States proposed splitting Korea into American and Soviet occupation zones, with Dean Rusk and Charles H. Bonesteel III choosing the 38th parallel so that Seoul fell under US control; to their surprise the Soviets accepted. Soviet and US forces then occupied the peninsula either side of the line, a division that hardened into two separate states by 1948 and endures today.

1948The two Koreas were divided into rival states after reunification talks failed 78 years ago

The southern zone became the Republic of Korea in August 1948 and the northern zone the communist Democratic People's Republic of Korea in September, with Kim Il Sung as premier. In October the Soviet Union declared Kim's government sovereign over the whole peninsula, while the UN recognised Rhee's government as the only lawful one in the areas it observed.

May 1948Syngman Rhee proclaimed the founding of the Republic of Korea 78 years ago

UN-supervised direct elections in the southern zone in May 1948 were won by Syngman Rhee, whom the United States had installed as leader after his time heading the Korean Provisional Government, and led to the declaration of the Republic of Korea on 15 August with Rhee as its first president. The constitution was promulgated the same year and has been revised several times since. A separate government took power in the North weeks later, cementing the peninsula's division.

June 1950North Korea invaded the South, starting the Korean War 76 years ago

North Korean forces crossed the 38th parallel on 25 June 1950, triggering the Cold War's first major proxy conflict. With the Soviet Union boycotting the UN and unable to veto, the American-led United Nations Command intervened, and Chinese troops later committed in huge numbers to the North. The war killed an estimated 2–3 million people and ended in a 1953 armistice, without a peace treaty.

1953The combatants signed an armistice that left the peninsula divided and technically at war 73 years ago

The 1953 armistice, never signed by South Korea, split the peninsula along a demilitarised zone near the original demarcation line. Roughly three million people died, virtually all major Korean cities were destroyed, and the absence of a peace treaty means the conflict formally continues.

1960Students forced Syngman Rhee's resignation in the April Revolution 66 years ago

A student uprising in 1960 ended the autocratic rule of the first president. It was followed by thirteen months of instability under a weak Second Republic, leaving the state vulnerable to military intervention.

1960sSouth Korea dispatched 325,517 troops to the Vietnam War 66 years ago

Under Park Chung Hee South Korea took an active combat role in Vietnam, deploying over 325,000 troops with a peak strength of 50,000. The commitment deepened the alliance with the United States and brought economic returns during the industrialisation drive.

1961–79South Korea achieved rapid economic growth under Park Chung-hee 65 years ago

From the 1960s the Park government channelled investment into family-run conglomerates such as Samsung, LG and SK, building heavy industry and export capacity, and constructed the nationwide expressway system and the Seoul subway, laying the foundations of the Miracle on the Han River. Over Park's 1961–79 regime per capita income rose to roughly seventeen times the level of North Korea as export-led industrialisation transformed the economy.

May 1961Park Chung-hee seized power in a military coup 65 years ago

On 16 May 1961 General Park Chung Hee led a group of army officers in overthrowing the short-lived democratic Second Republic that had followed the 1960 April Revolution against Syngman Rhee, installing a military-led government. His subsequent 18-year rule combined authoritarian repression with rapid state-led, export-oriented industrialisation that reshaped South Korea's economic trajectory.

1972Park Chung Hee imposed a new constitution granting dictatorial powers 54 years ago

In 1972 Park promulgated a constitution allowing unlimited six-year presidential terms and sweeping executive authority. It entrenched authoritarian rule for the remainder of his seventeen-year tenure.

October 1979Park Chung Hee was assassinated, ending seventeen years of rule 47 years ago

Park was killed on 26 October 1979, creating a sudden political void in which previously suppressed opposition leaders campaigned for the presidency. The turmoil opened the way for a second military seizure of power within months.

December 1979General Chun Doo-hwan seized power in the coup d'état of December Twelfth 47 years ago

Chun's coup ended the brief post-assassination opening and installed a new military strongman. On 17 May 1980 he extended martial law nationwide, closing universities, banning political activity and curtailing the press.

May 1980The South Korean army suppressed a pro-democracy uprising in Gwangju 46 years ago

Nationwide protests against Chun Doo-hwan's seizure of power were most intense in Gwangju, where troops under his martial law government fired on demonstrators between 18 and 27 May 1980. Death toll estimates range from around 200 in official counts to 1,000–2,000 in independent accounts, alongside 26 soldiers killed. The massacre became the defining atrocity of the authoritarian era and a touchstone of the democracy movement.

1987Pro-democracy protesters forced the government to accept direct presidential elections 39 years ago

The torture death of student Park Jong-chul, revealed on 10 June 1987 by the Catholic Priests Association for Justice, ignited weeks of nationwide protests that pressured Chun Doo-hwan's government into concessions. Ruling-party leader Roh Tae-woo issued the June 29 Declaration promising direct presidential elections, and a new constitution was adopted by referendum that October, establishing the Sixth Republic that remains in force today.

1987South Korea held its first free presidential election under a revised democratic constitution 39 years ago

Roh Tae-woo, a former army general, narrowly won South Korea's first free presidential election in December 1987 under the revised democratic constitution, defeating the divided opposition leaders Kim Dae-jung and Kim Young-sam. The result completed the formal transition from military rule while keeping the ruling party in power, inaugurating the democratic Sixth Republic.

1988Seoul hosted the 1988 Summer Olympics 38 years ago

The Seoul Games were widely regarded as a success and a major boost to South Korea's global image and economy, with the host finishing fourth in the medal table. They also opened the architectural market to foreign designers and spurred cultural infrastructure such as the Olympic Sculpture Garden.

1991South Korea became a member state of the United Nations 35 years ago

South Korea joined the UN in 1991, at the same time as North Korea. Membership formalised its international standing after four decades in which its legitimacy had been contested.

Recent Developments

2050President Moon Jae-in pledged net zero greenhouse gas emissions by 2050

Moon committed South Korea to eliminating net greenhouse gas emissions by mid-century. The pledge followed 2017 data showing the country as the world's seventh largest emitter of carbon and fifth largest per capita, alongside a renewable portfolio standard programme running from 2012 to 2022.

August 2026South Korea posted its second-highest monthly exports on record this month

Exports reached 98.89 billion dollars in July 2026, the second-highest monthly total on record, with semiconductor shipments topping 40 billion dollars and shipments to China up 96.2 per cent to 21.68 billion dollars. Agricultural and seafood exports also set a July record, data released in early August showed.

July 2026The Bank of Korea raised its base rate for the first time in more than three years last month

The Monetary Policy Board raised the base rate by 0.25 percentage points to 2.75 per cent on 16 July 2026, its first increase in more than three years. Regulators meeting the same day also announced curbs on single-stock leveraged funds fuelling a retail trading boom.

South Korea's benchmark KOSPI index fell around 16 per cent over two days amid an AI-stock unwind
July 2026Unification minister Chung Dong-young said Seoul would prioritise freezing North Korea's nuclear programme over full disarmament last month

Chung said on 23 July 2026 that South Korea would seek reciprocal concessions for a freeze on North Korea's nuclear activity, rather than demanding immediate full denuclearisation, a shift president Lee Jae-myung described as recognising a harsh reality.

June 2026The ruling Democratic Party won a landslide in nationwide local elections held amid ballot shortages 2 months ago

Exit polls on 3 June 2026 pointed to a landslide win for the Democratic Party, which took 12 of 16 regional races against four for the opposition. A shortage of printed ballots in 91 districts extended voting hours and led the election commission's chairman to resign.

June 2026South Korea's Personal Information Protection Commission fined Coupang 624.6 billion won over a data breach 2 months ago

The commission imposed the 624.6 billion won (400 million dollars) fine on 10 June 2026 over a 2025 breach at the e-commerce platform that exposed data belonging to around 37.5 million users. It ranked among the largest data-protection penalties issued in South Korea.

June 2026Former president Yoon Suk Yeol was sentenced to 30 years in prison for ordering drone incursions into North Korea 2 months ago

A court sentenced Yoon on 12 June 2026, finding he had ordered the military to send drones into North Korea in 2024 to provoke a response that would justify martial law. The verdict followed a February raid on the intelligence services investigating the flights.

February 2026Former president Yoon Suk Yeol was sentenced to life imprisonment for insurrection 6 months ago

The Seoul Central District Court found Yoon guilty on 19 February 2026 of leading an insurrection through his December 2024 declaration of martial law, handing down a life sentence rather than the death penalty prosecutors had sought. His lawyers said they would appeal.

Former prime minister Han Duck-soo was sentenced to 23 years in prison over the same martial law declaration
November 2025South Korea hosted the APEC leaders' summit in Gyeongju 9 months ago

Leaders met at the Gyeongju convention centre on 31 October and 1 November 2025, adopting the Gyeongju Declaration and new initiatives on artificial intelligence. Xi Jinping made his first visit to South Korea in 11 years, while Trump left before the leaders' meeting concluded.

November 2025South Korea and the United States finalised a trade and investment deal worth 350 billion dollars 9 months ago

Details released in November 2025 set out South Korea's commitment to invest around 350 billion dollars in the United States and buy about 100 billion dollars of American energy products, in return for tariffs on cars and other goods being cut to 15 per cent.

US president Donald Trump raised tariffs on South Korean goods back to 25 per cent
September 2025The Republic of Korea Navy launched the Aegis-class destroyer Dasan Jeong Yak-yong 11 months ago

The destroyer was launched at an HD Hyundai Heavy Industries shipyard in Ulsan on 17 September 2025, part of South Korea's continuing programme to expand its fleet of guided-missile destroyers. It was named after the Joseon-era scholar and reformer Jeong Yak-yong.

June 2025Lee Jae-myung won the succession election and took office as president 1 year ago

Lee Jae-myung won the election to succeed the removed Yoon Suk Yeol and assumed office immediately on 4 June 2025. The rapid constitutional transfer of power followed the country's gravest political crisis since democratisation.

December 2024Yoon Suk Yeol declared martial law and was impeached and removed 2 years ago

Yoon declared martial law on 3 December 2024, accusing the opposition of pro-North Korean anti-state activity; the National Assembly nullified it 190–0 within hours and he ended it on 4 December. He was impeached on 14 December 2024 and unanimously removed from office on 4 April 2025, the first martial law declaration since 1980.

November 2023South Korea recorded an all-time high of 2.46 million foreign residents 3 years ago

Foreign nationals reached nearly 5 percent of the population by November 2023, up from 1.4 million in 2016. Around 30,000 foreign-born residents have obtained citizenship annually since 2010, marking a shift for a historically homogeneous society.

2023The government announced an 11% research budget cut and a shift to rockets and biotech 3 years ago

After R&D spending rose from about 3.9% of GDP in 2013 to over 4.9% in 2022 — second only to Israel — the government announced a roughly 11% cut for 2024. Resources were to be redirected towards rocketry, biomedical research and US-style biotech innovation.

March 2022Yoon Suk Yeol won the presidency by the narrowest margin in Sixth Republic history 4 years ago

The People Power Party candidate narrowly defeated Democratic Party rival Lee Jae-myung in March 2022 and was sworn in on 10 May. His presidency prompted debate about democratic backsliding and the reemergence of authoritarianism.

October 2021South Korea successfully launched the KSLV-2 Nuri, gaining indigenous orbital capability 5 years ago

The Nuri rocket launched on 21 October 2021, making South Korea one of the few nations able to place payloads in orbit using domestically developed launch vehicles. It capped three decades of dependence on foreign rockets and overseas launch pads.

2020South Korea recorded more deaths than births for the first time 6 years ago

Amid the COVID-19 pandemic the country registered its first population decrease since modern records began. The fertility rate fell to 0.81 in 2021, 0.72 in 2023 — the lowest in the world — and prompted the declaration of a national emergency and a new ministry in May 2024 to address the decline.

2018Pyeongchang hosted the 2018 Winter Olympics 8 years ago

The Winter Games in Pyeongchang were successfully staged under the Moon administration and coincided with a thaw in relations with North Korea. They followed a long record of major event hosting including the 1988 Summer Olympics and Asian Games in 1986, 2002 and 2014.

2018The Constitutional Court and Supreme Court established the right to conscientious objection to military service 8 years ago

On 28 June 2018 the Constitutional Court ruled the Military Service Act unconstitutional and ordered civilian alternatives, and on 1 November the Supreme Court legalised conscientious objection. Previously over 400 men were typically imprisoned at any one time for refusing conscription.

May 2017Moon Jae-in took office after Park's dismissal, pursuing engagement with North Korea 9 years ago

The Democratic Party candidate won the snap election and took office immediately on 10 May 2017. His tenure brought improved relations with Pyongyang, some divergence in the alliance with the United States, and the successful hosting of the 2018 Pyeongchang Winter Olympics.

2016–17Park Geun-hye was impeached and removed from office after mass protests 10 years ago

Nationwide demonstrations from November 2016 over the Choi Soon-sil scandal culminated in Park's removal from office. In April 2018 she was convicted of abuse of power and corruption and sentenced to 24 years in jail, a landmark demonstration of judicial accountability.

February 2013Park Geun-hye took office as South Korea's first female leader 13 years ago

Park Geun-hye, daughter of former president Park Chung-hee, won the December 2012 election for the conservatives and was inaugurated in February 2013 as South Korea's first woman president; the same period saw Kim Jong Un succeed his father in the North. Her administration was later accused of corruption, bribery and influence-peddling involving her confidante Choi Soon-sil.

2013The national government pledged to train 5,000 cybersecurity experts after major cyberattacks 13 years ago

Cyberattacks in the first half of 2013 compromised government, news media, television and banking websites. Seoul blamed North Korea, as it had for incidents in 2009, 2011 and 2012, and committed to training 5,000 new cybersecurity specialists by 2017.

2013South Korea took a UN Security Council seat and won the right to host the Winter Olympics 13 years ago

South Korea held a non-permanent seat on the UN Security Council for the 2013–14 term and was selected to host the 2018 Winter Olympic Games in Pyeongchang.

2010–13North Korea heightened tensions with attacks, tests and the Kaesong closure 16 years ago

In March 2010 the warship ROKS Cheonan was sunk with 46 sailors lost, allegedly by a North Korean submarine, and in November an artillery barrage on Yeonpyeong Island killed four; the official UN report declined to name North Korea for the sinking, and the weak response provoked significant public anger in the South. Tensions continued through the North's nuclear and missile tests and the temporary closure of the inter-Korean Kaesong Industrial Complex in 2013.

June 2009South Korea completed the Naro Space Center, its first spaceport 17 years ago

The Naro Space Center at Goheung in South Jeolla Province opened in June 2009. It hosted the successful launch of Naro-1 in January 2013 after two failures, beginning domestic launch operations.

April 2008Yi So-yeon became the first Korean to fly in space 18 years ago

Yi So-yeon flew aboard the Russian Soyuz TMA-12 in April 2008, a milestone in the country's space partnership with Russia. South Korea had launched ten satellites since 1992, all on foreign rockets from overseas pads.

2008South Korea avoided recession during the 2008 financial crisis 18 years ago

South Korea was one of the few developed countries to escape recession in the global financial crisis. Its trade-dependent economy remained among the fastest-growing developed economies of the 2000s, ranking fifth-largest exporter by 2014.

2005KAIST and Korean researchers produced the HUBO humanoid robot and the cloned dog Snuppy 21 years ago

In 2005 KAIST developed the world's second walking humanoid robot, HUBO, and Korean scientists achieved the first successful cloning of a dog. Robotics had been a designated national research priority since 2003, and the Seoul National University cloned endangered gray wolves in 2007.

2004South Korea deployed the Zaytun Division to Iraq as the third largest coalition contributor 22 years ago

In 2004 Seoul sent 3,300 troops to help rebuild northern Iraq, ranking behind only the United States and Britain in the coalition. From 2001 it had deployed some 24,000 troops in the Middle East in support of the war on terror.

2002South Korea and Japan jointly hosted the 2002 FIFA World Cup 24 years ago

Co-hosting the World Cup improved bilateral relations and showcased South Korea internationally, with the national team reaching the semi-finals. Ties later soured over conflicting sovereignty claims to the Liancourt Rocks.

June 2000Kim Dae-jung held the first North–South summit in Pyongyang under the Sunshine Policy 26 years ago

The June 2000 summit with Kim Jong Il was the centrepiece of Kim Dae-jung's engagement strategy towards the North. He received the Nobel Peace Prize later that year for his work on democracy, human rights and reconciliation with North Korea.

2000President Kim Dae-jung won the Nobel Peace Prize for democracy and engagement with the North 26 years ago

Kim Dae-jung, president from 1998 to 2003, received the 2000 Nobel Peace Prize for his contributions to South Korean democracy and his 'Sunshine' policy of engagement with North Korea.

1999–2021The Korean film industry achieved global breakthrough with Shiri, Parasite and Squid Game 27 years ago

The success of Shiri in 1999 launched substantial growth in domestic cinema, protected by screen quotas requiring 73 days of Korean films a year. Bong Joon-ho's Parasite became the first non-English language film to win the Academy Award for Best Picture in 2019, and Squid Game in 2021 became Netflix's most-watched series at launch with over 142 million households in four weeks.

February 1998Kim Dae-jung was sworn in as president, completing the transition to modern democracy 28 years ago

Elected in 1997 and inaugurated on 25 February 1998, Kim had once been a political prisoner sentenced to death and later exiled. His victory marked the first transfer of power to a long-persecuted opposition leader and confirmed South Korea's democratic consolidation.

1997–98South Korea sought a rescue package from the International Monetary Fund during the Asian financial crisis 29 years ago

The Korean won collapsed in November 1997 as short-term foreign debt came due, prompting a rescue package of about 58 billion dollars arranged with the IMF and other lenders. The crisis severely damaged the economy and shaped the presidential election won by Kim Dae-jung, and led to sweeping restructuring of banks and the chaebol conglomerates under IMF advice. The country recovered quickly and subsequently tripled its GDP, though growth resumed at a slower pace.

1996South Korea joined the OECD 30 years ago

Membership of the OECD in 1996 confirmed South Korea's arrival among developed economies after decades as one of the world's fastest-growing. It followed the fastest rise in average GDP per capita in the world between 1980 and 1990.

1993Kim Young-sam became the first civilian president of the new democratic era 33 years ago

Kim Young-sam, who served from 1993 to 1998, was the first president without a military background since the democratic transition.

1992Seo Taiji and Boys marked a turning point for Korean popular music, launching K-pop 34 years ago

The group's emergence in 1992 transformed a scene previously dominated by trot and folk-based ballads. K-pop subsequently absorbed global genres and became the spearhead of the Korean Wave, with Psy's 'Gangnam Style' topping world charts in 2012.

1992South Korea and China began steadily improving relations after Cold War hostility 34 years ago

Though on opposing sides during the Cold War, Seoul and Beijing have improved ties steadily since 1992. China later became a major investor, putting $1.4 billion into South Korea, largely in services — a sevenfold increase on 2001.

63 not shown
Historical Context

🇰🇷 South Korea’s understanding the origins and evolution of the modern nation

Capital
Seoul
Government
republic
Independence·1945
15 August 1945
Population·2014
49M
GDP (PPP)
—

BackgroundBack to top ↑

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 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 and is South Korea's first female leader. South Korea holds a non-permanent seat (2013-14) on the UN Security Council and will host the 2018 Winter Olympic Games. Serious tensions with North Korea have punctuated inter-Korean relations in recent years, including the North's attacks on a South Korean ship and island in 2010, nuclear and missile tests, and its temporary closure of the inter-Korean Kaesong Industrial Complex in 2013.

IndependenceBack to top ↑

15 August 1945 (from Japan)

National holidayBack to top ↑

Liberation Day, 15 August (1945)

Geography

🇰🇷 South Korea’s territory, resources and strategic position

Area
99.7Kkm²
Land Boundaries
238km
Coastline
2.4Kkm
Maritime Claims
12nm; between 3 nm and 12 nm…
Land Use
14.9%

Location and areaBack to top ↑

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

Map references

Asia

Area
total:99,720 sq km
land:96,920 sq km
water:2,800 sq km
Area — comparative

slightly smaller than Pennsylvania; slightly larger than Indiana

Land boundaries
total:238 km
border countries:North Korea 238 km
Coastline

2,413 km

Maritime claims
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

Terrain and resourcesBack to top ↑

Terrain

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

Natural resources

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

Land use
arable land:14.93%
permanent crops:2.06%
other:83% (2011)
Irrigated land

8,804 sq km (2003)

Settlement and hazardsBack to top ↑

Natural hazards

occasional typhoons bring high winds and floods; low-level seismic activity common in southwest

Geography note

strategic location on Korea Strait

OtherBack to top ↑

Elevation extremes
lowest point:Sea of Japan 0 m
highest point:Halla-san 1,950 m
Total renewable water resources

69.7 cu km (2011)

Freshwater withdrawal (domestic/industrial/agricultural)
total:25.47 cu km/yr (26%/12%/62%)
per capita:548.7 cu m/yr (2003)
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
Environment

🇰🇷 South Korea’s environmental conditions, resources and national resilience

Carbon Dioxide Emissions
—
Methane Emissions
—
Particulate Matter Emissions
—
Total Water Withdrawal
—
Waste and Recycling
—

Conditions and issuesBack to top ↑

Climate

temperate, with rainfall heavier in summer than winter

Critical Technology

🇰🇷 South Korea’s technology frontiers and the pursuit of national advantage

Large-Scale AI Systems·2025
18
#4 World
20192025
Cumulative Launched
—
Space Agency
—
Launch Sites
—
Programme
—

Technology systemsBack to top ↑

GINC data

Capability-group ratings for Critical Technology are part of the GINC National Capability Framework rather than the country factbook. They are published in the National Capability index, and the per-capability detail lives on the capability pages.

Medicine and BioTechBack to top ↑

Clinical research and life-science invention, drawn from the same series that drive the metric pages. Each card opens the full cross-country comparison.

Clinical Trials·2024
282
#12 World
20002024
Life Science Patents·2023
11,782
#4 World
19802023

Space programmeBack to top ↑

🇰🇷South Korea
Objects Launched into Space
Annual number of objects launched into outer space, 1950–2025. South Korea is highlighted; other major launchers are shown in grey.
South KoreaOther major launchers
01K2K3K4K
1950198020002025
Source. UN Office for Outer Space Affairs (2026).
🇰🇷South Korea
Cumulative Objects Launched
Cumulative number of objects launched into outer space, 1950–2025. South Korea is highlighted; other major launchers are shown in grey.
South KoreaOther major launchers
05K10K15K20K
1950198020002025
Source. UN Office for Outer Space Affairs (2026).
Strategic Infrastructure

🇰🇷 South Korea’s energy, connectivity and the material foundations of capability

Airports·2013
111
Railways
3.4Kkm
Ports
—
Electricity Access
—
Internet Users·2009
39.4M

TransportBack to top ↑

Airports

111 (2013)

Heliports

466 (2013)

Railways
total:3,381 km
standard gauge:3,381 km 1.435-m gauge (1,843 km electrified) (2008)
Merchant marine
total:786
by type:bulk carrier 191, cargo 235, carrier 8, chemical tanker 130, container 72, liquefied gas 44, passenger 5, passenger/cargo 15, petroleum tanker 55, refrigerated cargo 15, roll on/roll off 10, vehicle carrier 6
foreign-owned:31 (China 6, France 2, Japan 14, Taiwan 1, US 8)
registered in other countries:457 (Bahamas 1, Cambodia 10, Ghana 1, Honduras 6, Hong Kong 3, Indonesia 2, Kiribati 1, Liberia 2, Malta 2, Marshall Islands 41, North Korea 1, Panama 373, Philippines 1, Russia 1, Singapore 3, Tuvalu 1, unknown 8) (2010)

Digital connectivityBack to top ↑

Telephones - mobile cellular

53.625 million (2012)

Internet users

39.4 million (2009)

Internet country code

.kr

OtherBack to top ↑

Electricity - production

485.1 billion kWh (2011 est.)

Electricity - consumption

449.5 billion kWh (2010 est.)

Electricity - exports

0 kWh (2012 est.)

Electricity - imports

0 kWh (2012 est.)

Electricity - installed generating capacity

84.66 million kW (2010 est.)

Electricity - from fossil fuels

74.5% of total installed capacity (2010 est.)

Electricity - from nuclear fuels

21.9% of total installed capacity (2010 est.)

Electricity - from hydroelectric plants

2% of total installed capacity (2010 est.)

Electricity - from other renewable sources

1.5% of total installed capacity (2010 est.)

Crude oil - production

0 bbl/day (2012 est.)

Crude oil - exports

0 bbl/day (2010 est.)

Crude oil - imports

2.59 million bbl/day (2012 est.)

Crude oil - proved reserves

0 bbl

Refined petroleum products - production

2.83 million bbl/day (2012 est.)

Refined petroleum products - consumption

2.301 million bbl/day (2012 est.)

Refined petroleum products - exports

944,700 bbl/day (2010 est.)

Refined petroleum products - imports

794,000 bbl/day (2010 est.)

Natural gas - production

424.9 million cu m (2012 est.)

Natural gas - consumption

49.66 billion cu m (2012 est.)

Natural gas - exports

0 cu m (2012 est.)

Natural gas - imports

47.34 billion cu m (2012 est.)

Natural gas - proved reserves

5.269 billion cu m (1 January 2013 est.)

Carbon dioxide emissions from consumption of energy

611 million Mt (2011 est.)

Telephones - main lines in use

30.1 million (2012)

Telephone 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)
Internet hosts

315,697 (2012)

Airports - with paved runways
total:71
over 3,047 m:4
2,438 to 3,047 m:19
1,524 to 2,437 m:12
914 to 1,523 m:13
under 914 m:23 (2013)
Airports - with unpaved runways
total:40
914 to 1,523 m:2
under 914 m:38 (2013)
Pipelines

gas 2,216 km; oil 16 km; refined products 889 km (2013)

Roadways
total:104,983 km
paved:83,199 km (includes 3,779 km of expressways)
unpaved:21,784 km (2009)
Waterways

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

Ports and terminals
major seaport(s):Incheon, Pohang, Busan, Ulsan, Yeosu
container port(s) (TEUs):Busan (16,163,842), Kwangyang (2,061,958), Incheon (1,924,644)
National Security

🇰🇷 South Korea’s force, intelligence and the defence of the nation

Armed Forces Personnel
—
Military Personnel
—
Military Spending
—
Spending (% of GDP)
—
Armed Forces (% of Labour Force)
—

Forces and expenditureBack to top ↑

Military expenditures

2.8% of GDP (2012)//2.77% of GDP (2011)//2.8% of GDP (2010)

Personnel and equipmentBack to top ↑

Military 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)

Forces under armsBack to top ↑

Active-duty strength on the Correlates of War series, which reaches back to 1816 and so carries a nation’s whole record of mobilisation rather than its present establishment. The card opens the full cross-country comparison.

Military Personnel·2022
555,000
#9 World
18162022

OtherBack to top ↑

Military branches

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

Manpower available for military service
males age 16-49:13,185,794
females age 16-49:12,423,496 (2010 est.)
Manpower fit for military service
males age 16-49:10,864,566
females age 16-49:10,168,709 (2010 est.)
Manpower reaching militarily significant age annually
male:365,760
female:321,225 (2010 est.)
Human Capital

🇰🇷 South Korea’s population, health and the skills that sustain capability

Population·2014
49M
Median Age
40.2years
Generative AI Use·2026
37%
Life Expectancy at Birth
79.8years
Total Fertility Rate·2014
1.3children born/woman

DemographyBack to top ↑

Population

49,039,986 (July 2014 est.)

Nationality
noun:Korean(s)
adjective:Korean
Age structure
0-14 years:14.1% (male 3,603,943/female 3,328,634)
15-24 years:13.5% (male 3,515,271/female 3,113,257)
25-54 years:47.3% (male 11,814,872/female 11,360,962)
55-64 years:12.4% (male 3,012,051/female 3,081,480)
65 years and over:12.3% (male 2,570,433/female 3,639,083) (2014 est.)
Dependency ratios
total dependency ratio:37.1 %
youth dependency ratio:19.9 %
elderly dependency ratio:17.2 %
potential support ratio:5.8 (2014 est.)
Median age
total:40.2 years
male:38.7 years
female:41.6 years (2014 est.)
Population growth rate

0.16% (2014 est.)

Birth rate

8.26 births/1,000 population (2014 est.)

Death rate

6.63 deaths/1,000 population (2014 est.)

Sex ratio
at birth:1.07 male(s)/female
0-14 years:1.08 male(s)/female
15-24 years:1.13 male(s)/female
25-54 years:1.04 male(s)/female
55-64 years:1 male(s)/female
65 years and over:0.69 male(s)/female
total population:1 male(s)/female (2014 est.)
Total fertility rate

1.25 children born/woman (2014 est.)

Mother's mean age at first birth

30.3 (2011 est.)

Migration and urbanisationBack to top ↑

Net migration rate

0 migrant(s)/1,000 population (2014 est.)

Urbanisation
urban population:83.2% of total population (2011)
rate of urbanization:0.71% annual rate of change (2010-15 est.)
Major urban areas — population

SEOUL (capital) 9.736 million; Busan (Pusan) 3.372 million; Incheon (Inch'on) 2.622 million; Daegu (Taegu) 2.447 million; Daejon (Taejon) 1.538 million; Gwangju (Kwangju) 1.503 million (2011)

HealthBack to top ↑

Life expectancy at birth
total population:79.8 years
male:76.67 years
female:83.13 years (2014 est.)
Infant mortality rate
total:3.93 deaths/1,000 live births
male:4.13 deaths/1,000 live births
female:3.73 deaths/1,000 live births (2014 est.)
Hospital bed density

10.3 beds/1,000 population (2009)

Drinking water source
improved:urban: 99.7% of population; rural: 87.9% of population; total: 97.8% of population
unimproved:urban: 0.3% of population; rural: 12.1% of population; total: 2.2% of population (2012 est.)
Sanitation facility access
improved:urban: 100% of population; rural: 100% of population; total: 100% of population; ; 0% of population; 0% of population; 0% of population (2012 est.)
Obesity — adult prevalence rate

7.7% (2008)

EducationBack to top ↑

Literacy
definition:age 15 and over can read and write
total population:97.9%
male:99.2%
female:96.6% (2002)
School life expectancy (primary to tertiary education)
total:17 years
male:18 years
female:16 years (2011)

Generative AI adoptionBack to top ↑

Modelled share of working-age adults using generative AI, from Microsoft telemetry scaled to each country’s 15–64 population. A measure of how fast a workforce is absorbing the technology rather than of how much of it a nation builds. The card opens the full cross-country comparison.

Generative AI Use·2026
37%
#15 World
20252026

Welfare and equityBack to top ↑

Population below poverty line

16% (2009 est.)

Household income or consumption by percentage share
lowest 10%:6.4%
highest 10%:37.7% (2011)

OtherBack to top ↑

Maternal mortality rate

16 deaths/100,000 live births (2010)

Contraceptive prevalence rate

80%

percent of women aged 15-44 (2009)
Health expenditures

7.2% of GDP (2011)

Physicians density

2.02 physicians/1,000 population (2010)

HIV/AIDS - adult prevalence rate

less than 0.1% (2009 est.)

HIV/AIDS - people living with HIV/AIDS

9,500 (2009 est.)

HIV/AIDS - deaths

fewer than 500 (2009 est.)

Education expenditures

5% of GDP (2009)

Unemployment, youth ages 15-24
total:9%
male:9.7%
female:8.5% (2012)
Disputes - 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

Governance and Integrity

🇰🇷 South Korea’s institutions, law and the integrity of the state

Government
republic
Capital
Seoul
Administrative Divisions
9provinces
Independence·1945
15 August 1945
Suffrage
19years of age; universal

State structureBack to top ↑

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
Government type

republic

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

Constitution

effective 17 July 1948; amended several times, last in 1987 (2013)

Suffrage

19 years of age; universal

Legal systemBack to top ↑

Legal system

mixed legal system combining European civil law, Anglo-American law, and Chinese classical thought

International law organisation participation

has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction

Political institutionsBack to top ↑

Executive branch
chief of state:President PARK Geun-hye (since 25 February 2013)
head of government:(vacant); note - Prime Minister CHUNG Hong-won resigned 27 April 2014; MOON Chang-keuk was nominated Prime Minister 10 June 2014 and awaits parliamentary confirmation; Deputy Prime Minister HYUN Oh-seok (since 26 June 2013)
cabinet:State Council appointed by the president on the prime minister's recommendation
elections:president elected by popular vote for a single five-year term; election last held on 19 December 2012 (next to be held in December 2017); prime minister appointed by president with consent of National Assembly
election results:PARK Geun-Hye elected president; 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)

seats by negotiation group as of April 2014 - NFP 156, NPAD 130, UPP 6, Justice Party 5, Independents 1; note - 2 seats are vacant
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

OtherBack to top ↑

Political parties and leaders

Justice Party [CHEON Ho-sun]//Liberty Forward Party or LFP (merged with NFP in October 2012)//New Frontier Party (NFP) or Saenuri (formerly Grand National Party) [HWANG Woo-yea]//New Politics Alliance for Diplomacy or NPAD [KIM Han-gil and AHN Cheol-soo] (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)//Progressive Justice Party or PJP [ROH Hoe-chan and CHO Joon-ho]//Unified 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

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

🇰🇷 South Korea’s identity, media and the projection of influence

Languages
Korean, English
Religions·2010
Christian 31.6%
Ethnic Groups
homogeneous
Broadcast Media·2010
multiple national TV netw…
Intl Organisations
ADB, AfDB

Identity and cultureBack to top ↑

Languages

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

Religions

Christian 31.6% (Protestant 24%, Roman Catholic 7.6%), Buddhist 24.2%, other or unknown 0.9%, none 43.3% (2010 survey)

Ethnic groups

homogeneous (except for about 20,000 Chinese)

National symbol(s)

taegeuk (yin yang symbol)

MediaBack to top ↑

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)

Diplomatic networkBack to top ↑

International organisation 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), Pacific Alliance (observer), 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):Anchorage (AK), Dallas, Hagatna (Guam)
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
Financial Strength

🇰🇷 South Korea’s fiscal depth, reserves and the capacity to act

Inflation Rate (consumer Prices)·2013
1.1%
Public Debt·2013
35.8%GDP
Taxes and Other Revenues·2013
24.7%GDP
Reserves of Foreign Exchange and Gold·2013
$341.8B
Debt - External·2013
$430.9B

FiscalBack to top ↑

Budget
revenues:$296.1 billion
expenditures:$287.2 billion (2013 est.)
Taxes and other revenues

24.7% of GDP (2013 est.)

Budget surplus (+) or deficit (-)

0.7% of GDP (2013 est.)

Public debt

35.8% of GDP (2013 est.)//35.5% of GDP (2012 est.)

Monetary and externalBack to top ↑

Inflation rate (consumer prices)

1.1% (2013 est.)//2.2% (2012 est.)

Reserves of foreign exchange and gold

$341.8 billion (31 December 2013 est.)//$327 billion (31 December 2012 est.)

Debt — external

$430.9 billion (31 December 2013 est.)//$425.1 billion (31 December 2012 est.)

Exchange rates

South Korean won (KRW) per US dollar -//1,107.3 (2013 est.)//1,126.47 (2012 est.)//1,156.1 (2010 est.)//1,276.93 (2009)//1,101.7 (2008)

Production and Innovation

🇰🇷 South Korea’s output, industry and the engine of prosperity

Real GDP (purchasing Power Parity)
—
Real GDP Growth Rate
—
Real GDP per Capita
—
GDP (official Exchange Rate)·2013
$1.2T
Labor Force·2013
25.9M

OutputBack to top ↑

GDP (official exchange rate)

$1.198 trillion (2013 est.)

GDP composition, by sector of origin
agriculture:2.6%
industry:39.2%
services:58.2% (2013 est.)
GDP composition, by end use
household consumption:53.1%
government consumption:15.9%
investment in fixed capital:27%
investment in inventories:0.3%
exports of goods and services:54.6%
imports of goods and services:-50.8%; (2013 est.)

Sectors and industryBack to top ↑

Industries

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

Industrial production growth rate

2.5% (2013 est.)

LabourBack to top ↑

Labour force

25.86 million (2013 est.)

Unemployment rate

3.2% (2013 est.)//3.2% (2012 est.)

OtherBack to top ↑

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. South 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. South 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-Korea Free Trade Agreement was ratified by both governments in 2011 and went into effect in March 2012. Throughout 2012 and 2013 the economy experienced sluggish growth because of market slowdowns in the United States, China, and the Eurozone. The administration in 2014 is likely to face the challenge 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, dominance of large conglomerates (chaebols), and heavy reliance on exports, which comprise about half of GDP.

GDP (purchasing power parity)

$1.666 trillion (2013 est.)//$1.62 trillion (2012 est.)//$1.587 trillion (2011 est.)

data are in 2013 US dollars
GDP - real growth rate

2.8% (2013 est.)//2% (2012 est.)//3.7% (2011 est.)

GDP - per capita (PPP)

$33,200 (2013 est.)//$32,400 (2012 est.)//$31,900 (2011 est.)

data are in 2013 US dollars
Gross national saving

31.9% of GDP (2013 est.)//31.4% of GDP (2012 est.)//31.9% of GDP (2011 est.)

Agriculture - products

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

Labor force - by occupation
agriculture:6.9%
industry:23.6%
services:69.4% (October 2013 est.)
Distribution of family income - Gini index

31.1 (2011 est.)//35.8 (2000)

Fiscal year

calendar year

Central bank discount rate

2.5% (31 December 2013)//2.75% (31 December 2012)

Commercial bank prime lending rate

4.7% (31 December 2013 est.)//5.39% (31 December 2012 est.)

Stock of narrow money

$465.2 billion (31 December 2013 est.)//$426 billion (31 December 2012 est.)

Stock of broad money

$1.764 trillion (31 December 2013 est.)//$1.664 trillion (31 December 2012 est.)

Stock of domestic credit

$1.266 trillion (31 December 2013 est.)//NA% (31 December 2012 est.)

Market value of publicly traded shares

$1.068 trillion (31 December 2013 est.)//$1.078 trillion (28 December 2012)//$904.7 billion (29December 2011 est.)

Stock of direct foreign investment - at home

$152.3 billion (31 December 2013 est.)//$147.2 billion (31 December 2012 est.)

Stock of direct foreign investment - abroad

$223.2 billion (31 December 2013 est.)//$196.4 billion (31 December 2012 est.)

Trade and Investment

🇰🇷 South Korea’s markets, capital and the terms of global exchange

Exports·2013
$557.3B
Imports·2013
$516.6B
Current Account Balance·2013
$55.7B
Remittances
—
Exchange Rates·2013
South Korean won

External balanceBack to top ↑

Current account balance

$55.69 billion (2013 est.)//$43.34 billion (2012 est.)

ExportsBack to top ↑

Exports

$557.3 billion (2013 est.)//$547.9 billion (2012 est.)

Exports — partners

China 24.5%, US 10.7%, Japan 7.1%, Hong Kong 6%, Singapore 4.2% (2012 est.)

Exports — commodities

semiconductors, wireless telecommunications equipment, motor vehicles, auto parts, computers, display, home appliances, wire telecommunication equipment, steel, ships, petrochemicals

ImportsBack to top ↑

Imports

$516.6 billion (2013 est.)//$519.6 billion (2012 est.)

Imports — partners

China 15.6%, Japan 12.4%, US 8.3%, Saudi Arabia 7.6%, Qatar 4.9%, Australia 4.4% (2011 est.)

Imports — commodities

machinery, electronics and electronic equipment, oil, steel, optical instruments, transport equipment, organic chemicals, plastics

Contents

GINC Indices
Foundations
Capability Domains