Statistics of Economy (Table)

Statistics of Economy

Currency South Korean Won (KRW)
Fiscal year Calendar year
Trade Organizations APEC, WTO, OECD, G-20
  Statistics  
GDP Nominal Nominal: $1.376 trillion (2015) PPP: $1.848 trillion
GDP rank 11th (Nominal 13th  PPP
GDP growth 3.3% (2014)
GDP per capita $35,485 (PPP, 2014 est.)
GDP by Sector Agriculture: 2.6%, Industry: 39.2%, Service: 58.2% (2010)
Inflation(CPI) 1.1%, Jan2014
Population below poverty line 15% (below income of 19,179 USD 2007 est.
Gini Coefficient 30.2 (2015)
Labour force 25.18 Million (2012 est)
Labour force by occupation Agriculture: 6.4%, industry: 24.2%, services: 69.4% (2011 est.)
Unemployment 3.1% (Oct. 2015)
Main industries Electronics, telecommunications, automobile production, chemicals, shipbuilding, steel etc.
Ease-of-doing business rank 4th
External
Exports $572.66 billion (7th)(2014)
Export goods Semiconductors, wireless telecommunication equipment, motor vehicles, computer, steel, ship, petrochemicals
Main export partners China 25.4%

United states 12.3%

Japan 5.6%

Hong Kong 4.8%

Singapore 4.2%   ( 2014 est)

 

Imports $542.9 billion (7th; 2014 est)
Import goods machineryelectronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Main import partners China 17.1%

Japan 10.2%

United States 8.7%

Soudi Arabia 7%

Qatar  4.9%

Germany 4.1%     (2014 est.)