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University of International Business


Economy in South Korea


Almaty, 2011

 


South Korea, officially the  Republic of Korea (ROK) . Currency South Korean Won (W)

 

Geography

Area: 98,480 sq. km. (38,023
sq. mi.); slightly larger than Indiana.

Cities (2010): Capital-Seoul (10.5 million). Other major cities-Busan (3.6 million), Daegu
(2.5 million), Incheon (2.7 million), Gwangju (1.4 million), Daejeon (1.4 million),
Ulsan (1.1 million).

 

People

Nationality: Korean(s).

Population (2010): 48,636,068.

Annual population growth rate
(2010): 0.258%.

Ethnic groups: Korean; small
Chinese minority (about 20,000).

Religions: Christianity, Buddhism,
Shamanism, Confucianism, Chondogyo.

Language: Korean; English widely
taught in junior high and high school.

Education: Years compulsory-9. Enrollment-11.5 million. Attendance-middle school 99%, high school 95%. Literacy-98%.

Health (2010): Infant mortality rate-4.24/1,000. Life expectancy-78.81 yrs. (men 75.56 yrs.;
women 82.28 yrs).

Total labor force (2010): 24.37
million.

Labor force by occupation (2007): Services-67.7%; industry-25.1%; agriculture-7.2%.

Government

Type: Republic with powers
shared between the president, the legislature, and the courts.



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