Basic statistics of Korea, 2024
Copy link to Basic statistics of Korea, 2024(Numbers in parentheses refer to the OECD average)
|
LAND, PEOPLE AND ELECTORAL CYCLE |
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|---|---|---|---|---|---|
|
Population (million) |
51.8 |
Population density per km² |
530.2 |
(39.6) |
|
|
Under 15 (%) |
10.6 |
(16.7) |
Life expectancy at birth (years, 2023) |
83.5 |
(81.2) |
|
Over 65 (%) |
19.3 |
(18.6) |
Men (2023) |
80.6 |
(78.6) |
|
International migrant stock (% of population) |
3.5 |
(15.7) |
Women (2023) |
86.4 |
(83.8) |
|
Latest 5-year average growth (%) |
0.0 |
(0.5) |
Latest general election |
April 2024 |
|
|
ECONOMY |
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|
Gross domestic product (GDP) |
Value added shares (%) |
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|
In current prices (billion USD) |
1875.8 |
Agriculture, forestry and fishing |
1.6 |
(2.5) |
|
|
In current prices (trillion KRW) |
2 556.9 |
Industry including construction |
36.5 |
(25.7) |
|
|
Latest 5-year average real growth (%) |
2.0 |
(1.8) |
Services |
61.9 |
(71.8) |
|
Per capita (thousand USD PPP, OECD: 2023)1 |
61.1 |
(62.3) |
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GENERAL GOVERNMENT |
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|
Expenditure |
35.1 |
(42.6) |
Gross financial debt |
48.5 |
(109.5) |
|
Revenue |
33.6 |
(37.8) |
Net financial debt |
7.8 |
(65.8) |
|
EXTERNAL ACCOUNTS |
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|
Exchange rate (KRW per USD) |
1363.08 |
Main exports (% of total merchandise exports) |
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|
PPP exchange rate (USA = 1) |
809.27 |
Machinery and electronics |
42.9 |
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|
In per cent of GDP |
Transportation |
17.4 |
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|
Exports of goods and services |
44.4 |
(30.3) |
Chemicals |
9.3 |
|
|
Imports of goods and services |
40.3 |
(29.9) |
Main imports (% of total merchandise imports) |
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|
Current account balance |
5.3 |
(-0.4) |
Machinery and electronics |
30.1 |
|
|
Net international investment position |
58.8 |
Fuels |
25.7 |
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|
Chemicals |
8.4 |
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|
LABOUR MARKET, SKILLS AND INNOVATION |
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|
Employment rate (aged 15 and over, %) |
62.7 |
(58.0) |
Unemployment rate, Labour Force Survey (aged 15 and over, %,) |
2.8 |
(4.9) |
|
Men |
70.9 |
(65.4) |
Youth (aged 15-24, %) |
6.4 |
(11.1) |
|
Women |
54.7 |
(51.0) |
Long-term unemployed (1 year and over, %) |
0.0 |
(1.0) |
|
Participation rate (aged 15 and over, %) |
64.5 |
(61.0) |
Tertiary educational attainment (aged 25-64, %) |
56.2 |
(41.8) |
|
Average hours worked per year |
1 865 |
(1 741) |
Gross domestic expenditure on R&D (% of GDP) |
5.1 |
(2.7) |
|
ENVIRONMENT |
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|
Total primary energy supply per capita (toe) |
5.4 |
(3.7) |
CO₂ emissions from fuel combustion per capita (tonnes) |
10.7 |
(7.5) |
|
Renewables (%) |
2.7 |
(13.1) |
Water abstractions per capita (1 000 m³, 2023) |
0.4 |
|
|
Exposure to air pollution (more than 10 μg/m³ of PM2.5, % of population, 2020) |
99.1 |
(56.5) |
Municipal waste per capita (tonnes, 2023, OECD: 2024) |
0.4 |
(0.5) |
|
SOCIETY |
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|
Income inequality (Gini coefficient, 2022, OECD: latest available) |
0.324 |
(0.315) |
Education outcomes (PISA 2022 score) |
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|
Relative poverty rate (%, 2022) |
14.9 |
(11.5) |
Reading |
515 |
(476) |
|
Median disposable household income (thousand USD PPP, 2022) |
37.2 |
(31.9) |
Mathematics |
527 |
(472) |
|
Public and private spending (% of GDP) |
Science |
528 |
(485) |
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|
Health care |
8.4 |
(9.3) |
Share of women in parliament (%) |
20.0 |
(33.3) |
|
Pensions (2022, OECD: 2021) |
4.9 |
(9.9) |
Net official development assistance (% of GNI) |
0.2 |
(0.4) |
|
Education (total spending, 2020) |
5.1 |
(5.1) |
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Note: The year is indicated in parenthesis if it deviates from the year in the main title of this table. Where the OECD aggregate is not provided in the source database, a simple OECD average of latest available data is calculated where data exist for at least 80% of member countries
1. OECD aggregate refers to weighted average.
Source: Calculations based on data extracted from databases of the following organisations: OECD, International Energy Agency, International Labour Organisation, International Monetary Fund, United Nations, World Bank.