| Economy of South Korea |
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| Currency |
1 South Korean Won (W) = 100 Jeon(Chŏn) (theoretical) |
| Fiscal year |
Calendar year |
| Trade organizations |
APEC, WTO and OECD |
| Statistics [1] |
| GDP ranking |
10th by volume (at nominal) (2006); 11th by volume (at PPP) (2006); |
| GDP (Nominal) |
$981.9 billion (2007 est.) |
| GDP (PPP) |
$1.206 trillion (2007 est.) |
| GDP growth |
5.1% (2007) |
| GDP per capita |
$26,277 (2007) |
| GDP by sector |
agriculture (3.2%), industry (39.6%), services (57.2%) (2007 est.) |
| Inflation |
2.5% (2007 est.) |
| Pop below poverty line |
2% (2006 est.) |
| Labour force |
23.99 million (2007 est.) |
| Labour force by occupation |
agriculture (7.5%), industry (17.3%), services (75.2%) (2007 est.) |
| Unemployment |
3.2% (2007 est.) |
| Main industries |
electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing |
| Trading Partners [2] |
| Exports |
$371.8 billion (2007)[3] |
| Main Export Partners |
the People's Republic of China 22.0%, U.S. 12.5%, Japan 7.1%, Hong Kong 5.0% (2007) |
| Imports |
$356.8 billion (2007)[4] |
| Main Import Partners |
The People's Republic of China 17.7%, Japan 16.0%, U.S. 10.7%, Saudi Arabia 5.9%, UAE 4.2% (2006) |
| Public finances [5] |
| Public debt |
33.4% of GDP (2007) |
| External debt |
$342.7 billion (2007) |
| Foreign credit |
$308.7 billion (2005) |
| Reserves of foreign exchange |
$264.3 billion (March 2008) [6] |
| Revenues |
$269.7 billion (2007) |
| Expenditures |
$256.6 billion (2007) |
| Economic aid |
ODA, $745 million (2005) |
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