General profile: Korea, Republic of

GENERAL INFORMATION FOR 2018
Population
Population
Exchange rates
Exchange rate
GDP
GDP
51.172 Millions
1 100.558 KRW/US$
1 619 928 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 97 489 km²
1.48 %
2.70 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+5.4 %
Merchandise exports growth rate in 2018
Total merchandise trade
(millions of US$)
2005
2010
2015
2018
Merchandise exports
284 419
466 384
526 757
604 860
Merchandise imports
261 238
425 212
436 499
535 202
Merchandise trade balance
23 181
41 172
90 258
69 657
Export structure by product group in 2018
(as % of total exports)
4 %4 %88 %88 %8 %8 %
Top 5 partners in 2018
(exports, millions of US$)
162 12573 04448 62245 97930 527162 12573 04448 62245 97930 527
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2018
Services exports
50 730
83 260
97 731
(e) 96 601
Services imports
59 861
97 499
112 647
(e) 124 262
Services trade balance
-9 130
-14 238
-14 917
(e) -27 661
Services exports by main category ²
(as % of total services)
2005
2010
2015
2018
Transport
47.5
47.1
35.1
(e) 28.5
Travel
11.4
12.4
15.6
(e) 15.9
Other services
37.2
37.7
46.4
(e) 52.7
TRADE INDICES
More data on UNCTADstat
103103107107101101100100868681817575747473736666636364646060575759595151464641414343959510110110110110010089898888858586869696104104100100112112119119131131145145150150156156157157169169103107101100868175747366636460575951464143951011011008988858696104100112119131145150156157169
ECONOMIC TRENDS
More data on UNCTADstat
+2.7 %
Gross domestic product growth rate in 2018
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
GDP, current
898 137
1 094 499
1 382 764
1 619 928
GDP per capita, current US$
18 442
22 091
27 207
31 657
Real GDP growth, y-on-y, %
3.92
6.50
2.79
2.70
Current account balance, % of GDP
1.36
2.55
7.60
4.72
Exchange rate (/US$)
1 024.117
1 156.061
1 131.158
1 100.558
GDP by expenditure in 2017
(as % of total GDP)
48.115.331.143.137.748.115.331.143.137.7
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+2.4 %
FDI outflows as % of GDP in 2018
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
FDI inflows
(j) 13 643.20
(j) 9 497.40
(j) 4 104.10
(j) 14 479.30
FDI outflows
(j) 8 330.00
(j) 28 221.60
(j) 23 687.10
(j) 38 917.20
Personal remittances, % of GDP
0.58
0.53
0.47
0.41
Financial flows trends
(millions of US$)
6 703.46 703.46 224.16 224.16 504.06 504.06 444.06 444.06 550.56 550.56 455.46 455.46 571.06 571.06 582.06 582.05 835.75 835.75 982.35 982.36 952.46 952.45 129.75 129.74 826.04 826.05 178.45 178.46 573.66 573.66 301.16 301.15 530.05 530.04 836.04 836.04 862.04 862.014 47914 47917 91317 91312 10412 1044 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 703.46 224.16 504.06 444.06 550.56 455.46 571.06 582.05 835.75 982.36 952.45 129.74 826.05 178.46 573.66 301.15 530.04 836.04 862.014 47917 91312 1044 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
2018
Balance, % of GDP
2.60
3.08
7.62
(e) 5.20
Balance, % of imports
7.47
6.56
19.68
(e) 13.20
Normalized balance
0.036
0.032
0.090
(e) 0.062
Trade openness ²
(sum of imports and exports as % of GDP)
84827985971051121119793104797572
LABOUR FORCE
Labour force by gender in 2018
(as % of total labour force, all sectors)
Male
58%Male 58%Female
42%Female 42%
OTHER INDICATORS
More data on UNCTADstat
0.750 %
Share of the total world merchant fleet in 2018
Maritime transport indicators
 
2005
2010
2015
2018
Merchant fleet, national flag (thousands of DWT)
12 017
20 819
17 766
14 427
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
74.52
98.32
102.29
Container port throughput (TEU)
..
19 456 000
25 354 352
28 945 400
Information economy indicators
(as % of)
2005
2010
2015
2018
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.
j
Asset/liability basis.
n
Estimated. Data refers to 2016.
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: 05 November 2019