Location: Asia

Status: UN Country

Capital: Seoul (Soul)

Main Cities: Pusan, Taegu, Inchon

Population: 44.843.000

Area: (sq.Km) 99.020

Currency: won

Language: Korean




Background:


An independent Korean state or collection of states has existed almost continuously for several millennia. Between its initial unification in the 7th century - from three predecessor Korean states - until the 20th century, Korea existed as a single independent country. In 1905, following the Russo-Japanese War, Korea became a protectorate of imperial Japan, and in 1910 it was annexed as a colony. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a Republic of Korea (ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1993, KIM Young-sam became South Korea's first civilian president following 32 years of military rule. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Dae-jung and the North's leader KIM Jong Il. In October 2007, a second North-South summit took place between the South's President ROH Moo-hyun and the North Korean leader. Harsh rhetoric and unwillingness by North Korea to engage with President LEE Myung-bak following his February 2008 inauguration has strained inter-Korean relations.



Geography ::KOREA, SOUTH

Location:


Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea


Geographic coordinates:


37 00 N, 127 30 E


Map references:


Asia


Area:


total: 99,720 sq km

country comparison to the world: 108

land: 96,920 sq km

water: 2,800 sq km


Area - comparative:


slightly larger than Indiana


Land boundaries:


total: 238 km

border countries: North Korea 238 km


Coastline:


2,413 km


Maritime claims:


territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait

contiguous zone: 24 nm

exclusive economic zone: 200 nm

continental shelf: not specified


Climate:


Current Weather

temperate, with rainfall heavier in summer than winter


Terrain:


mostly hills and mountains; wide coastal plains in west and south


Elevation extremes:


lowest point: Sea of Japan 0 m

highest point: Halla-san 1,950 m


Natural resources:


coal, tungsten, graphite, molybdenum, lead, hydropower potential


Land use:


arable land: 16.58%

permanent crops: 2.01%

other: 81.41% (2005)


Irrigated land:


8,780 sq km (2003)


Total renewable water resources:


69.7 cu km (1999)


Freshwater withdrawal (domestic/industrial/agricultural):


total: 18.59 cu km/yr (36%/16%/48%)

per capita: 389 cu m/yr (2000)


Natural hazards:


occasional typhoons bring high winds and floods; low-level seismic activity common in southwest


Environment - current issues:


air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing


Environment - international agreements:


party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling

signed, but not ratified: none of the selected agreements


Geography - note:


strategic location on Korea Strait



People ::KOREA, SOUTH

Population:


48,636,068 (July 2010 est.)

country comparison to the world: 26


Age structure:


0-14 years: 16.2% (male 4,126,324/female 3,768,509)

15-64 years: 72.7% (male 18,039,672/female 17,309,819)

65 years and over: 11.1% (male 2,171,498/female 3,220,246) (2010 est.)


Median age:


total: 37.9 years

male: 36.5 years

female: 39.1 years (2010 est.)


Population growth rate:


0.258% (2010 est.)

country comparison to the world: 175


Birth rate:


8.72 births/1,000 population (2010 est.)

country comparison to the world: 214


Death rate:


6.15 deaths/1,000 population (July 2010 est.)

country comparison to the world: 161


Net migration rate:


0 migrant(s)/1,000 population (2010 est.)

country comparison to the world: 85


Urbanization:


urban population: 81% of total population (2008)

rate of urbanization: 0.6% annual rate of change (2005-10 est.)


Sex ratio:


at birth: 1.07 male(s)/female

under 15 years: 1.1 male(s)/female

15-64 years: 1.04 male(s)/female

65 years and over: 0.67 male(s)/female

total population: 1 male(s)/female (2010 est.)


Infant mortality rate:


total: 4.24 deaths/1,000 live births

country comparison to the world: 203

male: 4.46 deaths/1,000 live births

female: 4 deaths/1,000 live births (2010 est.)


Life expectancy at birth:


total population: 78.81 years

country comparison to the world: 41

male: 75.56 years

female: 82.28 years (2010 est.)


Total fertility rate:


1.22 children born/woman (2010 est.)

country comparison to the world: 218


HIV/AIDS - adult prevalence rate:


less than 0.1% (2007 est.)

country comparison to the world: 152


HIV/AIDS - people living with HIV/AIDS:


13,000 (2007 est.)

country comparison to the world: 93


HIV/AIDS - deaths:


fewer than 500 (2007 est.)

country comparison to the world: 94


Nationality:


noun: Korean(s)

adjective: Korean


Ethnic groups:


homogeneous (except for about 20,000 Chinese)


Religions:


Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 census)


Languages:


Korean, English widely taught in junior high and high school


Literacy:


definition: age 15 and over can read and write

total population: 97.9%

male: 99.2%

female: 96.6% (2002)


School life expectancy (primary to tertiary education):


total: 17 years

male: 18 years

female: 15 years (2007)


Education expenditures:


4.6% of GDP (2004)

country comparison to the world: 84



Government ::KOREA, SOUTH

Country name:


conventional long form: Republic of Korea

conventional short form: South Korea

local long form: Taehan-min'guk

local short form: Han'guk

abbreviation: ROK


Government type:


republic


Capital:


name: Seoul

geographic coordinates: 37 33 N, 126 59 E

time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)


Administrative divisions:


9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)

provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang)

metropolitan cities: Inch'on-gwangyoksi, Kwangju-gwangyoksi, Pusan-gwangyoksi, Soul-t'ukpyolsi, Taegu-gwangyoksi, Taejon-gwangyoksi, Ulsan-gwangyoksi


Independence:


15 August 1945 (from Japan)


National holiday:


Liberation Day, 15 August (1945)


Constitution:


17 July 1948; note - amended or rewritten many times; current constitution approved on 29 October 1987


Legal system:


combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought; has not accepted compulsory ICJ jurisdiction


Suffrage:


19 years of age; universal


Executive branch:


chief of state: President LEE Myung-bak (since 25 February 2008)

head of government: Prime Minister CHUNG Un-chan (since 30 September 2009)

cabinet: State Council appointed by the president on the prime minister's recommendation

(For more information visit the World Leaders website 
)

elections: president elected by popular vote for a single five-year term; election last held on 19 December 2007 (next to be held in December 2012); prime minister appointed by president with consent of National Assembly

election results: LEE Myung-bak elected president on 19 December 2007; percent of vote - LEE Myung-bak (GNP) 48.7%; CHUNG Dong-young (UNDP) 26.1%); LEE Hoi-chang (independent) 15.1; others 10.1%


Legislative branch:


unicameral National Assembly or Kukhoe (299 seats; 245 members elected in single-seat constituencies, 54 elected by proportional representation; members serve four-year terms)

elections: last held on 9 April 2008 (next to be held in April 2012)

election results: percent of vote by party - NA; seats by party - GNP 172, UDP 83, LFP 20, Pro-Park Alliance 8, DLP 5, CKP 1, independents 9


Judicial branch:


Supreme Court (justices appointed by the president with consent of National Assembly); Constitutional Court (justices appointed by the president based partly on nominations by National Assembly and Chief Justice of the court)


Political parties and leaders:


Democratic Party or DP [CHUNG Sye-kyun] (formerly the United Democratic Party or UDP); Democratic Labor Party or DLP [KANG Ki-kap]; Grand National Party or GNP [CHUNG Mong-joon]; Liberty Forward Party or LFP [LEE Hoi-chang]; New Progressive Party or NPP [ROH Hoe-chan]; Pro-Park Alliance or PPA [SUH Choung-won]; Renewal Korea Party or RKP [SONG Yong-o]


Political pressure groups and leaders:


Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations


International organization participation:


ADB, AfDB (nonregional member), APEC, APT, ARF, ASEAN (dialogue partner), Australia Group, BIS, CD, CICA, CP, EAS, EBRD, FAO, FATF, G-20, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, MINURSO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), Paris Club (associate), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIL, UNMIS, UNMOGIP, UNOCI, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, ZC


Diplomatic representation in the US:


chief of mission: Ambassador HAN Duck-soo

chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008

telephone: [1] (202) 939-5600

FAX: [1] (202) 387-0205

consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle


Diplomatic representation from the US:


chief of mission: Ambassador Kathleen STEPHENS

embassy: 32 Sejongno, Jongno-gu, Seoul 110-710

mailing address: US Embassy Seoul, APO AP 96205-5550

telephone: [82] (2) 397-4114

FAX: [82] (2) 738-8845


Flag description:


white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field



Economy ::KOREA, SOUTH

Economy - overview:


Since the 1960s, South Korea has achieved an incredible record of growth and global integration to become a high-tech industrialized economy. Four decades ago, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies, and currently is among the world's twenty largest economies. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea's development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports. Growth moderated to about 4-5% annually between 2003 and 2007. With the global economic downturn in late 2008, South Korean GDP growth slowed to 2.2% in 2008 and declined 0.2% in 2009. In the third quarter of 2009, the economy began to recover, in large part due to export growth, low interest rates, and an expansionary fiscal policy. The South Korean economy's long term challenges include a rapidly aging population, inflexible labor market, and overdependence on manufacturing exports to drive economic growth.


GDP (purchasing power parity):


$1.356 trillion (2009 est.)

country comparison to the world: 14

$1.353 trillion (2008 est.)

$1.324 trillion (2007 est.)

note: data are in 2009 US dollars


GDP (official exchange rate):


$809.7 billion (2009 est.)


GDP - real growth rate:


0.2% (2009 est.)

country comparison to the world: 108

2.2% (2008 est.)

5.1% (2007 est.)


GDP - per capita (PPP):


$28,000 (2009 est.)

country comparison to the world: 49

$28,000 (2008 est.)

$27,400 (2007 est.)

note: data are in 2009 US dollars


GDP - composition by sector:


agriculture: 3%

industry: 39.4%

services: 57.6% (2008 est.)


Labor force:


24.37 million (2009 est.)

country comparison to the world: 25


Labor force - by occupation:


agriculture: 7.2%

industry: 25.1%

services: 67.7% (2007 est.)


Unemployment rate:


4.1% (2009 est.)

country comparison to the world: 36

3.2% (2008 est.)


Population below poverty line:


15% (2003 est.)


Household income or consumption by percentage share:


lowest 10%: 2.7%

highest 10%: 24.2% (2007)


Distribution of family income - Gini index:


31.3 (2007)

country comparison to the world: 104

35.8 (2000)


Investment (gross fixed):


28.2% of GDP (2009 est.)

country comparison to the world: 30


Budget:


revenues: $191.5 billion

expenditures: $227.2 billion (2009 est.)


Public debt:


28% of GDP (2009 est.)

country comparison to the world: 91

24.4% of GDP (2008 est.)


Inflation rate (consumer prices):


2.8% (2009 est.)

country comparison to the world: 91

4.7% (2008 est.)


Central bank discount rate:


1.75% (31 December 2008)

country comparison to the world: 127

3.25% (31 December 2007)


Commercial bank prime lending rate:


7.17% (31 December 2008)


Stock of money:


$80.66 billion (31 December 2008)

country comparison to the world: 17

$92.59 billion (31 December 2007)


Stock of quasi money:


$478 billion (31 December 2008)

country comparison to the world: 10

$541.7 billion (31 December 2007)


Stock of domestic credit:


$937 billion (31 December 2008)

country comparison to the world: 13

$1.061 trillion (31 December 2007)


Market value of publicly traded shares:


$494.6 billion (31 December 2008)

country comparison to the world: 14

$1.124 trillion (31 December 2007)

$835.2 billion (31 December 2006)


Agriculture - products:


rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish


Industries:


electronics, telecommunications, automobile production, chemicals, shipbuilding, steel


Industrial production growth rate:


-7.5% (2009 est.)

country comparison to the world: 127


Electricity - production:


440 billion kWh (2008 est.)

country comparison to the world: 10


Electricity - consumption:


385.1 billion kWh (2008 est.)

country comparison to the world: 11


Electricity - exports:


0 kWh (2008 est.)


Electricity - imports:


0 kWh (2008 est.)


Oil - production:


30,440 bbl/day (2008 est.)

country comparison to the world: 70


Oil - consumption:


2.175 million bbl/day (2008 est.)

country comparison to the world: 11


Oil - exports:


800,000 bbl/day

country comparison to the world: 21

note: exports consist of oil derivatives (gasoline, light oil, and diesel), not crude oil (2008 est.)


Oil - imports:


2.982 million bbl/day (2008 est.)

country comparison to the world: 5


Oil - proved reserves:


0 bbl

country comparison to the world: 186


Natural gas - production:


443 million cu m (2008 est.)

country comparison to the world: 67


Natural gas - consumption:


34.76 billion cu m (2008 est.)

country comparison to the world: 25


Natural gas - exports:


0 cu m (2008 est.)

country comparison to the world: 81


Natural gas - imports:


36.21 billion cu m (2008 est.)

country comparison to the world: 9


Natural gas - proved reserves:


50 billion cu m (1 January 2008 est.)

country comparison to the world: 64


Current account balance:


$30.38 billion (2009 est.)

country comparison to the world: 9

-$6.349 billion (2008 est.)


Exports:


$355.1 billion (2009 est.)

country comparison to the world: 9

$433.5 billion (2008 est.)


Exports - commodities:


semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals


Exports - partners:


China 21.5%, US 10.9%, Japan 6.6%, Hong Kong 4.6% (2008)


Imports:


$313.4 billion (2009 est.)

country comparison to the world: 12

$427.4 billion (2008 est.)


Imports - commodities:


machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics


Imports - partners:


China 17.7%, Japan 14%, US 8.9%, Saudi Arabia 7.8%, UAE 4.4%, Australia 4.1% (2008)


Reserves of foreign exchange and gold:


$245.9 billion (31 December 2009 est.)

country comparison to the world: 6

$201.2 billion (31 December 2008 est.)


Debt - external:


$333.6 billion (31 December 2009 est.)

country comparison to the world: 23

$381.1 billion (31 December 2008)


Stock of direct foreign investment - at home:


$86 billion (31 December 2009 est.)

country comparison to the world: 38

$124.2 billion (31 December 2008 est.)


Stock of direct foreign investment - abroad:


$NA (31 December 2009)

$74.6 billion (30 June 2008)


Exchange rates:


South Korean won (KRW) per US dollar - 1,296.88 (2009), 1,101.7 (2008), 929.2 (2007), 954.8 (2006), 1,024.1 (2005)



Communications ::KOREA, SOUTH

Telephones - main lines in use:


21.325 million (2008)

country comparison to the world: 13


Telephones - mobile cellular:


45.607 million (2008)

country comparison to the world: 24


Telephone system:


general assessment: excellent domestic and international services featuring rapid incorporation of new technologies

domestic: fixed-line and mobile-cellular services widely available with a combined telephone subscribership of roughly 140 per 100 persons; rapid assimilation of a full range of telecommunications technologies leading to a boom in e-commerce

international: country code - 82; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 66


Radio broadcast stations:


AM 96, FM 322, shortwave 1 (2008)


Television broadcast stations:


57 (plus 103 cable operators and 119 relay cable operators) (2008)


Internet country code:


.kr


Internet hosts:


301,270 (2009)

country comparison to the world: 54


Internet users:


37.476 million (2008)

country comparison to the world: 10



Transportation ::KOREA, SOUTH

Airports:


116 (2009)

country comparison to the world: 53


Airports - with paved runways:


total: 72

over 3,047 m: 3

2,438 to 3,047 m: 22

1,524 to 2,437 m: 13

914 to 1,523 m: 12

under 914 m: 22 (2009)


Airports - with unpaved runways:


total: 44

914 to 1,523 m: 2

under 914 m: 42 (2009)


Heliports:


516 (2009)


Pipelines:


gas 1,423 km; refined products 827 km (2009)


Railways:


total: 3,381 km

country comparison to the world: 51

standard gauge: 3,381 km 1.435-m gauge (1,843 km electrified) (2008)


Roadways:


total: 103,029 km

country comparison to the world: 40

paved: 80,642 km (includes 3,367 km of expressways)

unpaved: 22,387 km (2008)


Waterways:


1,608 km (most navigable only by small craft) (2008)

country comparison to the world: 50


Merchant marine:


total: 812

country comparison to the world: 14

by type: bulk carrier 212, cargo 226, carrier 2, chemical tanker 133, container 80, liquefied gas 33, passenger 5, passenger/cargo 26, petroleum tanker 61, refrigerated cargo 16, roll on/roll off 9, specialized tanker 4, vehicle carrier 5

foreign-owned: 31 (China 1, Japan 20, Norway 2, UK 1, US 7)

registered in other countries: 363 (Belize 1, Cambodia 22, China 1, Cyprus 1, Honduras 6, Hong Kong 3, Kiribati 2, Liberia 3, Malta 2, Marshall Islands 10, Mongolia 1, Netherlands 1, Panama 303, Russia 1, Singapore 3, Tuvalu 1, unknown 2) (2008)


Ports and terminals:


Inch'on, P'ohang, Pusan, Ulsan



Military ::KOREA, SOUTH

Military branches:


Republic of Korea Army, Navy (includes Marine Corps), Air Force (2009)


Military service age and obligation:


20-30 years of age for compulsory military service, with middle school education required; conscript service obligation - less than 22 months (Army, Marines), approx. 25 months (Air Force) (to be reduced to 18 months beginning 2016); 18-26 years of age for voluntary military service; women, in service since 1950, admitted to 7 service branches, including infantry, but excluded from artillery, armor, anti-air, and chaplaincy corps; some 4,000 women serve as commissioned and noncommissioned officers, approx. 2.3% of all officers (2009)


Manpower available for military service:


males age 16-49: 13,274,442

females age 16-49: 12,542,699 (2010 est.)


Manpower fit for military service:


males age 16-49: 10,929,625

females age 16-49: 10,264,608 (2010 est.)


Manpower reaching militarily significant age annually:


male: 370,645

female: 321,765 (2010 est.)


Military expenditures:


2.7% of GDP (2006)

country comparison to the world: 53



Transnational Issues ::KOREA, SOUTH

Disputes - international:


Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic incidents with North Korea in the Yellow Sea over the Northern Limiting Line, which South Korea claims as a maritime boundary; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954

note: the two rocky islets of Tok-do have become a South Korean tourist destination - over 132,000 people visited them in 2009, most by ship but also a substantial number by helicopter



Source: https://www.cia.gov/library/publications/the-world-factbook/geos/ar.html

 

South KOREA

WFW 2013

Official Representative

SOUTH KOREA

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Introduction: SOUTH KOREA