South Korea

Official Name: The Republic of Korea
Sovereign Status: Sovereign Country
Government Type: Presidential Republic
Official Name (Local Language): Taehan-min'guk
ISO Country Codes: KR : KOR
Internet Domain: .kr
Government Web Site: https://korea.assembly.go.kr:447/
Capital: Seoul Main Airports: Incheon International Airport
Language(s): Korean Population: 51,844,834
Currency: South Korean Won ISO Currency Code: KRW
Telephone Dial In: +82 ID Prefix: 001




South Korea

GDP: $2.289 trillion (2021 est.)
GDP Pro Capita (PPP): $44,200 (2021 est.)
Currency & USD Exchange Rate: South Korean Won
Currency Code: KRW
World Bank Classification: High-Income Economy

GDP Composition:

Agriculture: 2.2% rice, root crops, barley, vegetables, fruit, cattle, pigs, chickens, milk, eggs, fish
Industry: 38.6% electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Services: 59.2%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Korea Exchange ;

National Statistics Office:

National Dataset(s):

South Korea


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English; Korean
Customs & Excise: Korea Customs Service
Development Bank(s): Asian Development Bank; Asian Infrastructure Investment Bank; Korea Development Bank;
National Standards Bureau: Korean Agency for Technology and Standards
Competitive Ind’l Performance: 32/180 (2021) Corruption Perceptions Index: 31/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 27/136 (2016)
Global Trade Alert Search ITC's Lega Carta



Export Credit & Insurance More
Investment & Export Promotion More

Export Promotion Agency: The Korea International Trade Association ; Investment Agency: Invest Korea ; Investment & Export Promotion Agency: Korea Trade-Investment Promotion Agency ;



Regional Trade Agreements & Organisations:

South Korea

British Chambers of Commerce Overseas
British Chamber of Commerce in Korea
Formed in 1977, the British Chamber of Commerce in Korea (BCCK) is a membership-based, non-profit organisation that represents the business interests of its members in Korea. The Chamber represents a broad spectrum of British, international and Korean companies, which all share significant commercial interests in the country. The Chamber has some 300 members of which approximately 25% are Korean companies/individuals.

Joint-Venture Chambers of Commerce No resources available



Foreign Representation in the U.K.
Embassy of the Republic of Korea
EmbassyPages EmbassyHomePage
Edinburgh Honorary Consulate