An introduction to South Korea

SOUTH KOREA
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Capital : Seoul
Population : 51.55 million
GDP : $1.8102 trillion (10th in the world)
GNP : $34984 (24th in the world)

Republic of Korea (ROK), abbreviated as Korea, South Korea (South Korea) and South Korea (South Korea) are countries located in the southern part of the Korean Peninsula in East Asia Korea has achieved rapid economic growth since the late 20th century South Korea’s per capita gross national income (GNI) in 2022 is nominal $34,994.

In 2020, it ranked 22nd in the world in the annual Human Development Index (HDI) survey released by the United Nations Development Program (UNDP).

At the last meeting of the 68th Trade Development Council held at the Geneva headquarters in Switzerland on July 2, 2021, Korea’s status was changed to a group of advanced countries and recognized as an advanced country South Korea is one of the countries with the highest level of democracy in Asia, with 8.0 points, ranked 23rd as of 2019, in the Economist’s survey of democracy index.

The Republic of Korea is also a member of the G20, the Organization for Economic Cooperation and Development (OECD), the Development Aid Committee (DAC), and the Paris Club

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Welcome to
South Korea

Welcome to
South Korea

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South Korea as a Settlement

It is a highly developed economic power in Korea, and all systems such as transportation and economy are very well developed and organized. KTX, which arrives 500km from Seoul to Busan at 2 and half hours, Incheon International Airport, which ranks third among the world’s airports with excellent airports, and morality that foreigners do not take even if they lose things in public places.

South Korea in the world by ranking

International ranking

10th [the World Bank]
· GDP
28th [IMF]
· Gross National Income per capita (GNI) rank
23th [IMD]
· national competitiveness
1st [the World Bank]
·  customs administration –
1st [Statistics Korea]
·  shipbuilding capacity
21st [Clarkson PLC]
· Competitiveness of the shipbuilding industry

1st [AKAM]
· Internet average speed
1st [University of Oxford]
· high-speed Internet
1st [WEF] 
· Information and communication utilization

2nd [Economist Intelligence Unit]
·  human resources
3rd [Economist Intelligence Unit]
·  Informatization index
3rd [NEWSWEEK]
·  economic strength
4th [WIPO]
·  the number of international patent applications
4th [WEF]
·  Number of broadband Internet subscribers

4th [Statistics Korea]
·  Electronics production
5th [Statistics Korea]
·  automobile production
6th [LG Economic Research Institute]
·   R&D ratio of companies
16th [Economist Intelligence Unit]
·  IT Competitiveness
11th [WEF]
·  Enterprise Innovation Index
9th [UNIDO]
·  manufacturing competitiveness
6th [Economic and Social Council of the United Nations]
·  U.N. e-Government Readiness Index

GDP – 10th
Gross National Income per capita (GNI) rank – 28th
national competitiveness – 23th
customs administration – 1st
shipbuilding capacity – 1st
Competitiveness of the shipbuilding industry – 21st

the World Bank
IMF
IMD
the World Bank
Statistics Korea
Clarkson PLC

Internet average speed – 1st
high-speed Internet – 1st
Information and communication utilization – 1st

AKAM
University of Oxford
WEF

human resources – 2nd
Informatization index 3rd
economic strength – 3rd
the number of international patent applications 4th
Number of broadband Internet subscribers 4th

Economist Intelligence Unit
Economist Intelligence Unit
NEWSWEEK
WIPO
WEF

Electronics production 4th
automobile production 5th
R&D ratio of companies 6th
IT Competitiveness 16th
Enterprise Innovation Index 11th
manufacturing competitiveness 9th
U.N. e-Government Readiness Index 6th

Statistics Korea
Statistics Korea
LG Economic Research Institute
Economist Intelligence Unit
WEF
UNIDO
Economic and Social Council of the United Nations