General profile: Korea, Republic of

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
50.504 Millions
1 160.270 KRW/US$
1 392 963 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
0.97 %
2.70 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-5.9 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
284 419
466 384
526 756
495 426
Merchandise imports
261 238
425 212
436 499
406 192
Merchandise trade balance
23 181
41 172
90 257
89 234
Export structure by product group in 2016
(as % of total exports)
5 %5 %90 %90 %6 %6 %
Top 5 partners in 2016
(exports, millions of US$)
124 43366 74832 77932 63024 354124 43366 74832 77932 63024 354
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
50 730
83 260
97 731
92 828
Services imports
59 861
97 499
112 647
110 436
Services trade balance
-9 130
-14 238
-14 917
-17 608
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
47.5
47.1
35.1
28.5
Travel
11.4
12.4
15.6
18.5
Other services
37.2
37.7
46.4
49.9
TRADE INDICES
More data on UNCTADstat
229229224224196196186186174174173173170170150150147147147147140140132132135135119119106106979710010060605959535352525151545460606565636366667171787885858989939396961001002292241961861741731701501471471401321351191069710060595352515460656366717885899396100
ECONOMIC TRENDS
More data on UNCTADstat
+2.7 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
898 137
1 094 499
1 377 873
1 392 963
GDP per capita, current US$
18 866
22 296
27 397
27 581
Real GDP growth, y-on-y, %
3.92
6.50
2.61
2.70
Current account balance, % of GDP
1.41
2.64
7.68
..
Exchange rate (/US$)
1 024.120
1 156.060
1 131.160
1 160.270
GDP by expenditure in 2015
(as % of total GDP)
49.515.228.545.938.949.515.228.545.938.9
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+2.0 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
13 643.20
9 497.40
4 104.10
10 826.60
FDI outflows
8 330.00
28 279.90
23 760.40
27 274.20
Personal remittances, % of GDP
0.58
0.53
0.48
..
Financial flows trends
(millions of US$)
6 453.56 453.56 550.56 550.56 455.46 455.46 571.06 571.06 582.06 582.05 835.75 835.75 982.35 982.36 952.46 952.45 129.75 129.74 826.04 826.05 178.45 178.45 916.55 916.55 859.75 859.75 120.95 120.94 501.34 501.34 506.54 506.510 82710 8274 1044 1049 2749 27412 76712 7679 4969 4969 7739 7739 4979 4979 0229 02211 18811 1888 8278 8279 1629 16213 64313 64313 29413 2947 0107 0105 4755 4756 5226 52211 50911 5096 453.56 550.56 455.46 571.06 582.05 835.75 982.36 952.45 129.74 826.05 178.45 916.55 859.75 120.94 501.34 506.510 8274 1049 27412 7679 4969 7739 4979 02211 1888 8279 16213 64313 2947 0105 4756 52211 509FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
2.58
3.08
7.79
7.38
Balance, % of imports
7.41
6.56
20.13
20.50
Normalized balance
0.036
0.032
0.091
0.093
Trade openness ²
(sum of imports and exports as % of GDP)
7985971051121119793104797572
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
59%Male 59%Female
41%Female 41%
OTHER INDICATORS
More data on UNCTADstat
0.941 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
12 017 000 000
20 818 605 000
17 766 425 000
16 986 605 000
Liner shipping connectivity index (maximum 2004 = 100 for China)
73.03
82.61
113.20
115.61
Container port throughput (TEU)
..
18 542 804
(e) 23 796 846
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
30.00
21.40
21.72
..
Share of ICT goods, % of total imports
15.25
11.88
14.67
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 15 September 2017