GITNUX REPORT 2024

South Korea Statistics: Key Figures Revealed for 2021 Economy

Exploring Korea: From Population Density to K-pop Revenue, Unveiling Fascinating Statistics of South Korea.

Author: Jannik Lindner

First published: 7/17/2024

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South Korea has 14 UNESCO World Heritage Sites as of 2021

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There are approximately 18 million Buddhists in South Korea

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K-pop industry's revenue reached $5.79 billion in 2020

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South Korea has 3,358 museums as of 2019

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Kimchi consumption per capita in South Korea is 25.3 kg per year

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South Korea has 11 national holidays

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There are 24 national parks in South Korea

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South Korea's population is approximately 51.74 million as of 2021

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The life expectancy in South Korea is 83.5 years as of 2020

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South Korea's fertility rate is 0.81 children per woman as of 2021

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The median age in South Korea is 43.7 years as of 2020

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Seoul's population density is about 16,000 people per square kilometer

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South Korea's urbanization rate is 81.4% as of 2021

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The literacy rate in South Korea is 98% as of 2018

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South Korea's GDP was $1.64 trillion in 2021

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South Korea's GDP per capita was $31,631 in 2021

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South Korea's unemployment rate was 3.5% in 2021

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South Korea's inflation rate was 2.5% in 2021

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South Korea's exports were valued at $644.4 billion in 2021

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South Korea's imports were valued at $615.1 billion in 2021

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South Korea's R&D expenditure was 4.8% of GDP in 2020

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South Korea's compulsory education lasts for 9 years

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South Korea's tertiary education enrollment rate is 95.9% as of 2019

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South Korea has 430 higher education institutions as of 2021

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South Korea's PISA ranking for reading is 9th globally as of 2018

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South Korea's public expenditure on education is 4.5% of GDP as of 2018

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The student-teacher ratio in South Korea's primary education is 16:1 as of 2019

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94.7% of South Korean adults aged 25-64 have completed upper secondary education

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South Korea's renewable energy share in total energy consumption is 3.5% as of 2019

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South Korea's forest area is 63.4% of total land area as of 2020

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South Korea's CO2 emissions were 11.85 metric tons per capita in 2019

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South Korea has 28 Ramsar wetland sites as of 2021

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South Korea's waste recycling rate is 59% as of 2019

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South Korea aims to reduce greenhouse gas emissions by 40% by 2030

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South Korea has 4 nuclear power plants with 24 operational reactors

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South Korea's healthcare expenditure was 8.2% of GDP in 2019

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South Korea has 12.4 hospital beds per 1,000 people as of 2019

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South Korea has 2.4 physicians per 1,000 people as of 2019

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The infant mortality rate in South Korea is 2.6 per 1,000 live births as of 2020

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South Korea's universal health coverage index is 86 out of 100 as of 2019

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The obesity rate in South Korea is 4.7% as of 2016

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South Korea's suicide rate is 24.6 per 100,000 population as of 2019

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The length of South Korea's road network is 110,714 km as of 2020

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South Korea has 3,979 km of railway tracks as of 2019

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Incheon International Airport handled 71.2 million passengers in 2019

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South Korea has 14 major seaports

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The Korea Train eXpress (KTX) high-speed rail network spans 1,757 km

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South Korea's electricity production was 563.5 billion kWh in 2020

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99.9% of South Korea's population has access to electricity

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South Korea's military expenditure was 2.8% of GDP in 2020

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South Korea has 555,000 active military personnel as of 2021

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South Korea's conscription period is 18 months for the army and marine corps

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South Korea has 2,614 tanks in its military arsenal

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South Korea's air force has 563 aircraft in total

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South Korea's navy consists of 166 ships

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South Korea ranks 6th globally in military strength as of 2021

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South Korea's internet penetration rate is 96.5% as of 2021

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South Korea has the world's fastest average internet connection speed at 28.6 Mbps

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South Korea has 73.1 million mobile subscriptions as of 2020

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5G subscribers in South Korea reached 20.19 million in 2021

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South Korea's smartphone ownership rate is 95% as of 2021

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South Korea has 30 unicorn companies as of 2021

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South Korea filed 226,759 patent applications in 2020

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Summary

  • South Korea's population is approximately 51.74 million as of 2021
  • The life expectancy in South Korea is 83.5 years as of 2020
  • South Korea's fertility rate is 0.81 children per woman as of 2021
  • The median age in South Korea is 43.7 years as of 2020
  • Seoul's population density is about 16,000 people per square kilometer
  • South Korea's urbanization rate is 81.4% as of 2021
  • The literacy rate in South Korea is 98% as of 2018
  • South Korea's GDP was $1.64 trillion in 2021
  • South Korea's GDP per capita was $31,631 in 2021
  • South Korea's unemployment rate was 3.5% in 2021
  • South Korea's inflation rate was 2.5% in 2021
  • South Korea's exports were valued at $644.4 billion in 2021
  • South Korea's imports were valued at $615.1 billion in 2021
  • South Korea's R&D expenditure was 4.8% of GDP in 2020
  • South Korea has 14 UNESCO World Heritage Sites as of 2021

Move over K-pop stars, theres a new chart-topper in town - South Korea statistics! From a population that could populate a small country to a literacy rate higher than your coffee order number, Korea is a land of numbers that go beyond just digits. With a fertility rate leaning towards decimal points and a GDP that could make any wallet jealous, buckle up as we dive into a data-driven tour of this vibrant nation, where even the Kimchi consumption per capita has a statistic worth talking about!

Culture

  • South Korea has 14 UNESCO World Heritage Sites as of 2021
  • There are approximately 18 million Buddhists in South Korea
  • K-pop industry's revenue reached $5.79 billion in 2020
  • South Korea has 3,358 museums as of 2019
  • Kimchi consumption per capita in South Korea is 25.3 kg per year
  • South Korea has 11 national holidays
  • There are 24 national parks in South Korea

Interpretation

South Korea's cultural prowess is as impressive as its kimchi consumption, with 14 UNESCO World Heritage Sites and a whopping 18 million Buddhists shaping the nation's spiritual landscape. Not to be outshined, the K-pop industry's revenue hit a high note at $5.79 billion in 2020, proving that music is indeed a universal language. With over 3,000 museums dotting the country, South Korea showcases its historical and artistic treasures, while its 11 national holidays ensure ample time for celebration. And amidst the bustling urban centers, 24 national parks offer tranquil escapes, proving that in South Korea, harmony can be found in both tradition and nature.

Demographics

  • South Korea's population is approximately 51.74 million as of 2021
  • The life expectancy in South Korea is 83.5 years as of 2020
  • South Korea's fertility rate is 0.81 children per woman as of 2021
  • The median age in South Korea is 43.7 years as of 2020
  • Seoul's population density is about 16,000 people per square kilometer
  • South Korea's urbanization rate is 81.4% as of 2021
  • The literacy rate in South Korea is 98% as of 2018

Interpretation

With a population density in Seoul that can make sardines jealous, South Korea seems to have mastered the delicate balance of high life expectancy and low fertility rates. Perhaps it's all the kimchi and K-pop keeping them sprightly well into their 80s, but with an urbanization rate over 80%, it seems like South Koreans are thriving in their bustling cities despite the country's low birth rate. Nevertheless, with a literacy rate nearing the perfect score, it's clear that South Koreans are not just well-read but also well-prepared for whatever challenges come their way.

Economy

  • South Korea's GDP was $1.64 trillion in 2021
  • South Korea's GDP per capita was $31,631 in 2021
  • South Korea's unemployment rate was 3.5% in 2021
  • South Korea's inflation rate was 2.5% in 2021
  • South Korea's exports were valued at $644.4 billion in 2021
  • South Korea's imports were valued at $615.1 billion in 2021
  • South Korea's R&D expenditure was 4.8% of GDP in 2020

Interpretation

In 2021, South Korea continued its economic prowess with a GDP of $1.64 trillion, showcasing resilience and innovation in the face of global challenges. With a GDP per capita of $31,631, South Koreans are not just numbers on a balance sheet but individuals contributing to their nation's prosperity. The unemployment rate of 3.5% demonstrates stability in the job market, while the inflation rate of 2.5% signals a balanced economy. South Korea's impressive exports valued at $644.4 billion highlight its position as a major player in the global market, although the slightly lower import value of $615.1 billion suggests an opportunity for domestic growth. Investing 4.8% of GDP in research and development in 2020 underscores South Korea's commitment to staying at the forefront of technological advancement, ensuring a bright future amid uncertainty.

Education

  • South Korea's compulsory education lasts for 9 years
  • South Korea's tertiary education enrollment rate is 95.9% as of 2019
  • South Korea has 430 higher education institutions as of 2021
  • South Korea's PISA ranking for reading is 9th globally as of 2018
  • South Korea's public expenditure on education is 4.5% of GDP as of 2018
  • The student-teacher ratio in South Korea's primary education is 16:1 as of 2019
  • 94.7% of South Korean adults aged 25-64 have completed upper secondary education

Interpretation

South Korea: Where students juggle nine years of compulsory education, soar to a tertiary enrollment rate of 95.9%, and navigate through a staggering 430 higher education institutions. With a reading ranking of 9th globally and a public expenditure on education at 4.5% of GDP, South Korea proves that investing in education is not a choice but a necessity. The impressive 16:1 student-teacher ratio in primary education, alongside the high completion rate of upper secondary education among adults, showcases that in South Korea, education is not just a phase but a lifelong pursuit.

Environment

  • South Korea's renewable energy share in total energy consumption is 3.5% as of 2019
  • South Korea's forest area is 63.4% of total land area as of 2020
  • South Korea's CO2 emissions were 11.85 metric tons per capita in 2019
  • South Korea has 28 Ramsar wetland sites as of 2021
  • South Korea's waste recycling rate is 59% as of 2019
  • South Korea aims to reduce greenhouse gas emissions by 40% by 2030
  • South Korea has 4 nuclear power plants with 24 operational reactors

Interpretation

With 3.5% of its energy coming from renewables and a forest area comprising 63.4% of its land, South Korea seems to be trying to find a balance between modernity and nature. However, with an alarming 11.85 metric tons of CO2 emitted per capita in 2019, perhaps their commitment to reducing greenhouse gas emissions by 40% by 2030 will tip the scales in favor of sustainability. The 59% waste recycling rate is a glimmer of hope, as is the presence of 28 Ramsar wetland sites. But let's not forget the 4 nuclear power plants housing 24 operational reactors – a reminder of the tightrope walk South Korea faces in its quest for a greener and cleaner future.

Health

  • South Korea's healthcare expenditure was 8.2% of GDP in 2019
  • South Korea has 12.4 hospital beds per 1,000 people as of 2019
  • South Korea has 2.4 physicians per 1,000 people as of 2019
  • The infant mortality rate in South Korea is 2.6 per 1,000 live births as of 2020
  • South Korea's universal health coverage index is 86 out of 100 as of 2019
  • The obesity rate in South Korea is 4.7% as of 2016
  • South Korea's suicide rate is 24.6 per 100,000 population as of 2019

Interpretation

In a country where the healthcare system boasts more hospital beds per capita than you can count on your fingers, and physicians are as abundant as opinions on K-pop, South Korea's dedication to well-being is evident. With an admirable universal health coverage index, a slim obesity rate that is envy-inducing, and an infant mortality rate that would make other nations green with envy, it's clear that South Korea is not just hitting the high notes in the charts but also in the realm of public health. However, amidst the impressive healthcare stats lies a sobering truth - a relatively high suicide rate that serves as a poignant reminder that even the brightest lights can cast shadows. South Korea may be a land of healthcare wonders, but it's a reminder that there are still battles to be fought beyond hospital walls.

Infrastructure

  • The length of South Korea's road network is 110,714 km as of 2020
  • South Korea has 3,979 km of railway tracks as of 2019
  • Incheon International Airport handled 71.2 million passengers in 2019
  • South Korea has 14 major seaports
  • The Korea Train eXpress (KTX) high-speed rail network spans 1,757 km
  • South Korea's electricity production was 563.5 billion kWh in 2020
  • 99.9% of South Korea's population has access to electricity

Interpretation

South Korea seems to have its transportation and infrastructure game on lock, with a road network long enough to drive you bonkers, enough railway tracks to make Thomas the Tank Engine jealous, an airport bustling with more passengers than a one-man band, and seaports for days. Not to mention their high-speed rail network that can get you from one end of the country to the other faster than you can say "Bibimbap to Busan." With electricity production that could power a hundred K-pop concerts and nearly universal access to power, it's clear that South Korea is wired for success.

Military

  • South Korea's military expenditure was 2.8% of GDP in 2020
  • South Korea has 555,000 active military personnel as of 2021
  • South Korea's conscription period is 18 months for the army and marine corps
  • South Korea has 2,614 tanks in its military arsenal
  • South Korea's air force has 563 aircraft in total
  • South Korea's navy consists of 166 ships
  • South Korea ranks 6th globally in military strength as of 2021

Interpretation

South Korea, a nation known for its innovative technology and pop culture, shows that it takes its defense seriously with a military force that packs a punch. With a military expenditure of 2.8% of its GDP in 2020, boasting 555,000 active personnel, and housing an impressive arsenal of 2,614 tanks, 563 aircraft, and 166 ships, South Korea is certainly not one to underestimate. Their 18-month conscription period for the army and marine corps ensures a steady stream of trained personnel, contributing to their position as the 6th most powerful military globally. In a country where K-pop stars share the spotlight with formidable tanks and fighter jets, South Korea proves that strength comes in many forms.

Technology

  • South Korea's internet penetration rate is 96.5% as of 2021
  • South Korea has the world's fastest average internet connection speed at 28.6 Mbps
  • South Korea has 73.1 million mobile subscriptions as of 2020
  • 5G subscribers in South Korea reached 20.19 million in 2021
  • South Korea's smartphone ownership rate is 95% as of 2021
  • South Korea has 30 unicorn companies as of 2021
  • South Korea filed 226,759 patent applications in 2020

Interpretation

South Korea: where everyone is connected faster, smarter, and more innovatively than you can say kimchi! With an internet penetration rate that puts spider webs to shame, the world's fastest internet speed that makes Usain Bolt look like he's standing still, and more mobile subscriptions than Starbucks has coffee cups, South Korea is definitely not playing around in the tech game. Add in a smartphone in nearly every hand, a unicorn company for every day of the month, and enough patent applications to wallpaper the Great Wall of China, and you've got a country that is not just tech-savvy, but tech-dominant. So, next time you're marveling at your buffering screen or wrangling with your outdated phone, just remember: South Korea is probably already light years ahead, sipping on their green tea and planning the next big thing.

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