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Introduction |
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Background: |
Korea was an
independent kingdom under Chinese suzerainty for most of the
past millennium. Following its victory in the Russo-Japanese War
in 1905, Japan occupied Korea; five years later it formally
annexed the entire peninsula. After World War II, a republic was
set up in the southern half of the Korean Peninsula while a
Communist-style government was installed in the north. During
the Korean War (1950-53), US and other UN forces intervened to
defend South Korea from North Korean attacks supported by the
Chinese. 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 1987, South Korean voters elected ROH Tae-woo to the
presidency, ending 26 years of military dictatorships. 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 Tae-chung and the North's leader KIM Jong
Il.
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Geography |
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Location: |
Eastern Asia,
southern half of the Korean Peninsula bordering the Sea of Japan
and the Yellow Sea
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Geographic
coordinates: |
37 00 N, 127 30 E
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Map references: |
Asia
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Area: |
total:
98,480 sq km
land: 98,190 sq km
water: 290 sq km
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Area -
comparative: |
slightly larger
than Indiana
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Land boundaries: |
total: 238
km
border countries: North Korea 238 km
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Coastline: |
2,413 km
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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
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Climate: |
temperate, with
rainfall heavier in summer than winter
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Terrain: |
mostly hills and
mountains; wide coastal plains in west and south
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Elevation
extremes: |
lowest point:
Sea of Japan 0 m
highest point: Halla-san 1,950 m
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Natural
resources: |
coal, tungsten,
graphite, molybdenum, lead, hydropower potential
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Land use: |
arable land:
17.18%
permanent crops: 1.95%
other: 80.87% (2001)
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Irrigated land: |
11,590 sq km (1998
est.)
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Natural hazards: |
occasional typhoons
bring high winds and floods; low-level seismic activity common
in southwest
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Environment -
current issues: |
air pollution in
large cities; acid rain; water pollution from the discharge of
sewage and industrial effluents; drift net fishing
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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
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Geography -
note: |
strategic location
on Korea Strait
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People |
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Population: |
48,422,644 (July
2005 est.)
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Age structure: |
0-14 years:
19.4% (male 4,952,177/female 4,450,821)
15-64 years: 72% (male 17,715,267/female 17,147,808)
65 years and over: 8.6% (male 1,670,971/female 2,485,600)
(2005 est.)
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Median age: |
total: 34.51
years
male: 33.53 years
female: 35.53 years (2005 est.)
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Population
growth rate: |
0.38% (2005 est.)
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Birth rate: |
10.08 births/1,000
population (2005 est.)
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Death rate: |
6.26 deaths/1,000
population (2005 est.)
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Net migration
rate: |
0 migrant(s)/1,000
population (2005 est.)
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Sex ratio: |
at birth:
1.08 male(s)/female
under 15 years: 1.11 male(s)/female
15-64 years: 1.03 male(s)/female
65 years and over: 0.67 male(s)/female
total population: 1.01 male(s)/female (2005 est.)
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Infant mortality
rate: |
total: 7.05
deaths/1,000 live births
male: 7.5 deaths/1,000 live births
female: 6.57 deaths/1,000 live births (2005 est.)
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Life expectancy
at birth: |
total
population: 75.82 years
male: 72.19 years
female: 79.76 years (2005 est.)
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Total fertility
rate: |
1.26 children
born/woman (2005 est.)
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HIV/AIDS - adult
prevalence rate: |
less than 0.1%
(2003 est.)
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HIV/AIDS -
people living with HIV/AIDS: |
8,300 (2003 est.)
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HIV/AIDS -
deaths: |
less than 200 (2003
est.)
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Nationality: |
noun:
Korean(s)
adjective: Korean
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Ethnic groups: |
homogeneous (except
for about 20,000 Chinese)
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Religions: |
no affiliation 46%,
Christian 26%, Buddhist 26%, Confucianist 1%, other 1%
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Languages: |
Korean, English
widely taught in junior high and high school
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Literacy: |
definition:
age 15 and over can read and write
total population: 97.9%
male: 99.2%
female: 96.6% (2002)
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Government |
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Country name: |
conventional
long form: Republic of Korea
conventional short form: South Korea
local long form: Taehan-min'guk
local short form: none
note: the South Koreans generally use the term "Han'guk"
to refer to their country
abbreviation: ROK
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Government type: |
republic
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Capital: |
Seoul
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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 (Inch'on),
Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi
(Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon),
Ulsan-gwangyoksi (Ulsan)
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Independence: |
15 August 1945
(from Japan)
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National
holiday: |
Liberation Day, 15
August (1945)
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Constitution: |
17 July 1948
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Legal system: |
combines elements
of continental European civil law systems, Anglo-American law,
and Chinese classical thought
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Suffrage: |
20 years of age;
universal
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Executive
branch: |
chief of state:
President ROH Moo-hyun (since 25 February 2003)
head of government: Prime Minister LEE Hae-chan (since 25
May 2004); Deputy Prime Ministers HAN Duck-soo (14 March 2005),
KIM Jin-pyo (since 28 January 2005), and OH Myung (since 18
October 2004)
cabinet: State Council appointed by the president on the
prime minister's recommendation
elections: president elected by popular vote for single
five-year term; election last held 19 December 2002 (next to be
held in December 2007); prime minister appointed by president
with consent of National Assembly; deputy prime ministers
appointed by president on prime minister's recommendation
election results: results of the 19 December 2002
election - ROH Moo-hyun elected president; percent of vote - ROH
Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
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Legislative
branch: |
unicameral National
Assembly or Kukhoe (299 seats - members elected for four-year
terms; 243 in single-seat constituencies, 56 by proportional
representation
elections: last held 15 April 2004 (next to be held in
April 2008; byelections held on 30 April 2005)
election results: percent of vote by party - Uri 51%, GNP
41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 146, GNP
125, DLP 10, DP 9, ULD 3, independents 6
note: percent of vote is for 2004 general election; seats
by party reflect results of 2005 byelections involving six
seats; MDP became DP in May 2005 (2005)
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Judicial branch: |
Supreme Court
(justices appointed by president with consent of National
Assembly); Constitutional Court (justices appointed by president
based partly on nominations by National Assembly and Chief
Justice of the court)
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Political
parties and leaders: |
Democratic Labor
Party or DLP [KIM Hye-kyung, chairwoman]; Democratic Party or DP
[HAHN Hwa-kap, chairman]; Grand National Party or GNP [PARK
Geun-hye, chairwoman]; United Liberal Democrats or ULD [KIM Hak-won,
chairman]; Uri Party [MOON Hee-sang, chairman]
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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
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International
organization participation: |
AfDB, APEC, APT,
ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP,
EBRD, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA,
IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO,
ITU, LAIA, MIGA, MINURSO, NAM (guest), NEA, NSG, OAS (observer),
OECD, ONUB, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNIDO,
UNMIL, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO,
ZC
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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
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Economy |
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Economy -
overview: |
Since the early
1960s, South Korea has achieved an incredible record of growth
and integration into the high-tech modern world economy. Four
decades ago GDP per capita was comparable with levels in the
poorer countries of Africa and Asia. In 2004, it joined the
trillion dollar club of world economies. Today its GDP per
capita is 14 times North Korea's and equal to the lesser
economies of the European Union. This success through the late
1980s was achieved by a system of close government/business
ties, including directed credit, import restrictions,
sponsorship of specific industries, and a strong labor effort.
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 1997-99 exposed longstanding weaknesses in South
Korea's development model, including high debt/equity ratios,
massive foreign borrowing, and an undisciplined financial
sector. Growth plunged to a negative 6.9% in 1998, then strongly
recovered to 9.5% in 1999 and 8.5% in 2000. Growth fell back to
3.3% in 2001 because of the slowing global economy, falling
exports, and the perception that much-needed corporate and
financial reforms had stalled. Led by consumer spending and
exports, growth in 2002 was an impressive 7.0%, despite anemic
global growth. Economic growth fell to 3.1% in 2003 because of a
downturn in consumer spending and recovered to an estimated 4.6%
in 2004 on the strength of rapid export growth. The government
plans to boost infrastructure spending in 2005. Moderate
inflation, low unemployment, an export surplus, and fairly equal
distribution of income characterize this solid economy.
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GDP: |
purchasing power
parity - $925.1 billion (2004 est.)
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GDP - real
growth rate: |
4.6% (2004 est.)
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GDP - per
capita: |
purchasing power
parity - $19,200 (2004 est.)
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GDP -
composition by sector: |
agriculture:
3.2%
industry: 40.4%
services: 56.3% (2004 est.)
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Labor force: |
22.9 million (2004
est.)
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Labor force - by
occupation: |
agriculture 8%,
industry 19%, services 73% (2004 est.)
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Unemployment
rate: |
3.6% (2004 est.)
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Population below
poverty line: |
4% (2001 est.)
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Household income
or consumption by percentage share: |
lowest 10%:
2.9%
highest 10%: 22.5% (1999 est.)
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Distribution of
family income - Gini index: |
35.8 (2000)
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Inflation rate
(consumer prices): |
3.6% (2004 est.)
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Investment
(gross fixed): |
28.7% of GDP (2004
est.)
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Budget: |
revenues:
$150.5 billion
expenditures: $155.8 billion, including capital
expenditures of NA (2004 est.)
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Public debt: |
21.3% of GDP (2004
est.)
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Agriculture -
products: |
rice, root crops,
barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs;
fish
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Industries: |
electronics,
telecommunications, automobile production, chemicals,
shipbuilding, steel
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Industrial
production growth rate: |
10.1% (2004 est.)
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Electricity -
production: |
322.5 billion kWh
(2003)
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Electricity -
production by source: |
fossil fuel:
62.4%
hydro: 0.8%
nuclear: 36.6%
other: 0.2% (2001)
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Electricity -
consumption: |
293.6 billion kWh
(2003)
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Electricity -
exports: |
0 kWh (2003)
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Electricity -
imports: |
0 kWh (2003)
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Oil -
production: |
0 bbl/day (2004
est.)
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Oil -
consumption: |
2.07 million
bbl/day (2004 est.)
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Oil - exports: |
630,100 bbl/day
(2003)
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Oil - imports: |
2.263 million
bbl/day (2003)
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Natural gas -
production: |
0 cu m (2003 est.)
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Natural gas -
consumption: |
20.92 billion cu m
(2003 est.)
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Natural gas -
exports: |
0 cu m (2003 est.)
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Natural gas -
imports: |
21.11 billion cu m
(2003 est.)
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Current account
balance: |
$26.78 billion
(2004 est.)
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Exports: |
$250.6 billion
f.o.b. (2004 est.)
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Exports -
commodities: |
semiconductors,
wireless telecommunications equipment, motor vehicles,
computers, steel, ships, petrochemicals
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Exports -
partners: |
China 22.4%, US
17.8%, Japan 8.3%, Hong Kong 4.8% (2004)
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Imports: |
$214.2 billion
f.o.b. (2004 est.)
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Imports -
commodities: |
machinery,
electronics and electronic equipment, oil, steel, transport
equipment, organic chemicals, plastics
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Imports -
partners: |
Japan 21.6%, US
12.7%, China 12.3%, Saudi Arabia 5.1% (2004)
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Reserves of
foreign exchange and gold: |
$199.1 billion
(2004 est.)
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Debt - external: |
$160 billion (2004
est.)
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Economic aid -
donor: |
ODA $334 million
(2003)
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Currency (code): |
South Korean won (KRW)
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Currency code: |
KRW
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Exchange rates: |
South Korean won
per US dollar - 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002),
1,291 (2001), 1,131 (2000)
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Fiscal year: |
calendar year
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Communications |
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Telephones -
main lines in use: |
22.877 million
(2003)
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Telephones -
mobile cellular: |
33,591,800 (2003)
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Telephone
system: |
general
assessment: excellent domestic and international services
domestic: NA
international: country code - 82; fiber-optic submarine
cable to China; the Russia-Korea-Japan submarine cable;
satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1
Indian Ocean) and 1 Inmarsat (Pacific Ocean region)
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Radio broadcast
stations: |
AM 58, FM 150,
shortwave 2 (2004)
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Radios: |
47.5 million (2000)
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Television
broadcast stations: |
64 (additionally
119 Cable Operators; 239 Relay Cable Operators) (2004)
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Televisions: |
15.9 million (1997)
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Internet country
code: |
.kr
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Internet hosts: |
694,206 (2001)
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Internet Service
Providers (ISPs): |
11 (2000)
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Internet users: |
29.22 million
(2003)
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Transportation |
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Railways: |
total: 3,472
km
standard gauge: 3,472 km 1.435-m gauge (1,342 km
electrified) (2004)
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Highways: |
total:
86,990 km
paved: 66,721 km (including 1,996 km of expressways)
unpaved: 20,269 km (2001)
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Waterways: |
1,608 km
note: most navigable only by small craft (2004)
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Pipelines: |
gas 1,433 km;
refined products 827 km (2004)
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Ports and
harbors: |
Inch'on, Masan,
P'ohang, Pusan, Ulsan
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Merchant marine: |
total: 601
ships (1,000 GRT or over) 6,992,656 GRT/11,081,142 DWT
by type: bulk carrier 125, cargo 196, chemical tanker 88,
container 71, liquefied gas 20, passenger 5, passenger/cargo 22,
petroleum tanker 51, refrigerated cargo 15, roll on/roll off 5,
vehicle carrier 3
foreign-owned: 2 (Germany 1, United Kingdom 1)
registered in other countries: 366 (2005)
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Airports: |
179 (2004 est.)
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Airports - with
paved runways: |
total: 88
over 3,047 m: 3
2,438 to 3,047 m: 21
1,524 to 2,437 m: 14
914 to 1,523 m: 12
under 914 m: 38 (2004 est.)
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Airports - with
unpaved runways: |
total: 91
914 to 1,523 m: 3
under 914 m: 88 (2004 est.)
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Heliports: |
206 (2004 est.)
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Military |
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Military
branches: |
Army, Navy, Air
Force, Marine Corps, National Maritime Police (Coast Guard)
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Military
manpower - military age and obligation: |
20-30 years of age
for compulsory military service; conscript service obligation -
24-28 months, depending on the military branch involved; 18
years of age for voluntary military service; some 3,000 women
serve in the armed forces, less than 1% of the military
personnel total (2004)
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Military
manpower - availability: |
males age 20-49:
12,458,257 (2005 est.)
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Military
manpower - fit for military service: |
males age 20-49:
9,932,026 (2005 est.)
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Military
manpower - reaching military age annually: |
males:
344,723 (2005 est.)
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Military
expenditures - dollar figure: |
$16.18 billion
(2004)
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Military
expenditures - percent of GDP: |
2.8% (2004)
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Transnational Issues |
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Disputes -
international: |
Military
Demarcation Line within the 4-km wide Demilitarized Zone has
separated North from South Korea since 1953; periodic maritime
disputes with North Korea over the Northern Limit Line; South
Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima),
occupied by South Korea since 1954
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