| |
2003 |
2004 |
2005 |
2006 |
2007 |
Rank |
| Population (million) |
48.3 |
48.4 |
48.6 |
48.8 |
49.0 |
i |
| Economic organizations |
APEC; IMF; OECD; WTO |
|
|
|
| National currency (NC) |
South Korean won |
|
|
|
| Exchange rate (NC in €) |
0.00074 |
0.00070 |
0.00079 |
0.00083 |
0.00079 |
|
| Exchange rate (NC in US$) |
0.00084 |
0.00087 |
0.00098 |
0.00105 |
0.00108 |
|
| Inflation rate |
n.a. |
n.a. |
2.8% |
2.2% |
2.5% |
i |
| GDP |
|
|
|
|
|
|
| GDP (billion US$) |
608 |
680 |
791 |
888 |
957 |
i |
| GDP (per capita in US$) |
12591 |
14060 |
16285 |
18197 |
19526 |
i |
| GDP growth rate |
3.1% |
4.7% |
4.2% |
5.0% |
5.0% |
i |
| GDP (composition by sector): |
|
|
|
|
|
|
| Agriculture |
4% |
4% |
3% |
3% |
3% |
|
| Industry |
39% |
40% |
40% |
40% |
40% |
|
| Services |
57% |
56% |
57% |
57% |
57% |
|
| GDP (by type of expenditure): |
|
|
|
|
|
|
| Household consumption |
54% |
52% |
53% |
54% |
55% |
|
| Government consumption |
13% |
14% |
14% |
15% |
15% |
|
| Gross fixed capital formation |
30% |
30% |
29% |
29% |
29% |
|
| Trade: |
|
|
|
|
|
|
| Export (billion US$) |
194 |
254 |
284 |
325 |
371 |
i |
| Import (billion US$) |
179 |
224 |
261 |
309 |
357 |
i |
| Public debt (billion US$) |
n.a. |
n.a. |
195 |
245 |
281 |
i |
| Public debt (share of GDP) |
n.a. |
n.a. |
24.7% |
27.6% |
29.4% |
i |
| Unemployment rate |
n.a. |
n.a. |
3.7% |
3.5% |
3.2% |
i |
| Average working hours (per year) |
n.a. |
n.a. |
n.a. |
n.a. |
n.a. |
|
| Energy (billion KWh): |
|
|
|
|
|
|
| Electricity production |
n.a. |
342 |
n.a. |
n.a. |
413 |
i |
| Electricity consumption |
n.a. |
321 |
n.a. |
n.a. |
369 |
i |
| Crude oil and natural gas: |
|
|
|
|
|
|
| Natural gas reserves (billion m³) |
n.a. |
n.a. |
n.a. |
n.a. |
n.a. |
i |
| Natural gas production (billion m³) |
0 |
n.a. |
n.a. |
n.a. |
0.39 |
i |
| Natural gas consumption (billion m³) |
24.09 |
n.a. |
n.a. |
n.a. |
34.8 |
i |
| Crude oil reserves (billion barrel) |
n.a. |
n.a. |
n.a. |
n.a. |
n.a. |
i |
| Crude oil production (bpd) |
n.a. |
0 |
n.a. |
n.a. |
20970 |
i |
| Crude oil consumption (bpd) |
n.a. |
2061000 |
n.a. |
n.a. |
2214000 |
i |
| Raw materials: |
|
|
|
|
|
|
| Mineral resources |
lead; graphite; coal; molybdenum; tungsten |
|
| Agricultural resources |
beef; pork; poultry; fish; barley; vegetables; fruit; rice |
|
| Organic and inorganic chemicals: |
|
|
|
|
|
|
| Export (billion US$) |
6.4 |
9.4 |
11.3 |
13.7 |
16.4 |
i |
| Import (billion US$) |
7.2 |
9.4 |
10.9 |
11.7 |
13.6 |
i |
| Plastic and rubber: |
|
|
|
|
|
|
| Export (billion US$) |
11.4 |
14.9 |
18.0 |
19.4 |
22.4 |
i |
| Import (billion US$) |
4.5 |
5.7 |
6.9 |
8.0 |
9.0 |
i |
| Important companies |
Hanwha Chemical Company; Honam Petrochemical Corp (HPC); Kumho Asiana Group; Korea Petrochemical Industry Co., Ltd. (KPIC); LG Chem Ltd; Posco; S-OIL; SK Energy Co. Ltd. |
|
