Imports$524.4 billion (2011 est.)
Exports$556.5 billion (2011 est.)
Inflation rate (consumer prices)4% (2011 est.)
Unemployment rate3.4% (2011 est.)
GDP - per capita (PPP)$32,100 (2011 est.)
National product real growth rate6.1% (2010 est.)
Internet users39.4 million (2009)
Telephones - mobile cellular50.767 million (2009)
Population growth rate0.204% (2012 est.)
Population48,860,500 (July 2012 est.)
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 country.
It became a Chinese tributary state in 1392 with the formation of the Choson Dynasty....
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....
The Economist Intelligence Unit
The president, Park Geun-hye, of the ruling Saenuri Party has two years left of her five-year term, which ends in February 2018. The Economist Intelligence Unit expects her to serve a full term in o ...
This report contains detailed forecasts and analysis for South Korea, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
The South Korean economy grew by 2.7% in 2016. However, a weak outturn for the final quarter suggests that growth momentum is starting to ebb. The construction boom that supported growth throughout last ...