EXODUS DMC

korea

Facts About Korea


 

General
Country Name
Republic of Korea (South Korea)

Capital City
Seoul (10.4 million)

National Flag
Taegeukgi

National Flower
Mugunghwa (Rose of Sharon)

Currency (Floating Exchange Rate)
US$1 = approx. 1,130 won, Euro 1 = Approx. 1,320 won

Language
Korean (Writing system: Hangeul)

Land
100,188㎢

People
Population
51,750,000 (South Korea) (2016)
* Foreign Residents (including short-term sojourners) : 1,710,000 (2016)

* Cities by Population: Seoul (10.4 million), Busan (3.6 million), Incheon (2.9 million), Daegu (2.5 million), Daejeon (1.6 million), Gwangju (1.5 million), Ulsan (1.2 million) (2016)
Median Age 39 years

Economically Active Population
26,230,000 (2016)

Diffusion ratio of house
102.7%

Population Increase Rate
0.41% (2016)

Life Expectancy
Male 79 years, female 84 years (2016)

Religion
A census showed half of the population practice religion. Among them, Buddhists account for 23 percent, Protestants 19 percent, and 11 percent practice the Catholics comprising the three dominant religions.

Government
Political System
Republic with a president elected to a single 5-year term by direct popular vote. Division of power among the executive, legislature (unicameral National Assembly), and judiciary branches

Suffrage
19 years of age

Elections
Presidential: every 5 years
National Assembly: every 4 years
Local Government: every 4 years

Economy
Gross Domestic Product
US$ 1.4 trillion (2016)

Per Capita GNI
US$ 27,560 (2016)
GDP Growth Rate: 2.8% (2016)
Foreign Exchange Reserves: US$ 371.6 billion (2016)

Exports
US$ 495.5 billion (2016)

Imports
US$ 405.7 billion (2016)

Energy
Dependence rate on energy import 96.2%
Gross generation 509,574 million Kw

Major Industrial Products
Semiconductors, automobiles, ships, consumer electronics, mobile telecommunications, equipment, steel, and chemicals.