Korea, South (2004) | British Virgin Islands (2004) | |
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 (Inchon), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan) |
none (overseas territory of the UK) |
Age structure | 0-14 years: 20.4% (male 5,223,344; female 4,681,594)
15-64 years: 71.4% (male 17,625,302; female 17,072,029) 65 years and over: 8.2% (male 1,597,085; female 2,398,821) (2004 est.) |
0-14 years: 21.5% (male 2,402; female 2,361)
15-64 years: 73.5% (male 8,395; female 7,911) 65 years and over: 5% (male 594; female 524) (2004 est.) |
Agriculture - products | rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish | fruits, vegetables; livestock, poultry; fish |
Airports | 102 (2003 est.) | 3 (2003 est.) |
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.) |
total: 2
914 to 1,523 m: 1 under 914 m: 1 (2004 est.) |
Airports - with unpaved runways | total: 91
914 to 1,523 m: 3 under 914 m: 88 (2004 est.) |
total: 1
914 to 1,523 m: 1 (2004 est.) |
Area | total: 98,480 sq km
land: 98,190 sq km water: 290 sq km |
total: 153 sq km
land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the island of Anegada |
Area - comparative | slightly larger than Indiana | about 0.9 times the size of Washington, DC |
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 (1950-1953), 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 18 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. | First settled by the Dutch in 1648, the islands were annexed in 1672 by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. |
Birth rate | 12.33 births/1,000 population (2004 est.) | 14.96 births/1,000 population (2004 est.) |
Budget | revenues: $135.5 billion
expenditures: $128.7 billion, including capital expenditures of $23.5 billion (2003) |
revenues: $121.5 million
expenditures: $115.5 million, including capital expenditures of NA (1997) |
Capital | Seoul | Road Town |
Climate | temperate, with rainfall heavier in summer than winter | subtropical; humid; temperatures moderated by trade winds |
Coastline | 2,413 km | 80 km |
Constitution | 17 July 1948 | 1 June 1977 |
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 |
conventional long form: none
conventional short form: British Virgin Islands abbreviation: BVI |
Currency | South Korean won (KRW) | US dollar (USD) |
Death rate | 6.13 deaths/1,000 population (2004 est.) | 4.42 deaths/1,000 population (2004 est.) |
Debt - external | $130.3 billion (2003 est.) | $36.1 million (1997) |
Dependency status | - | overseas territory of the UK; internal self-governing |
Diplomatic representation from the US | chief of mission: Ambassador Christopher R. HILL
embassy: 82 Sejong-no, Jongno-gu, Seoul 110-710 mailing address: American Embassy, Unit 15550, APO AP 96205-5550 telephone: [82] (2) 397-4114 FAX: [82] (2) 738-8845 |
none (overseas territory of the UK) |
Diplomatic representation in the US | chief of mission: Ambassador HONG Seok-hyun
chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-5600 FAX: [1] (202) 387-0205 consulate(s) general: Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, and Seattle consulate(s): New York, Tamuning (Guam) |
none (overseas territory of the UK) |
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; unresolved dispute with Japan over Liancourt Rocks (Tok-do/Take-shima) and occasional protests over fishing rights in grounds also claimed by Japan | none |
Economic aid - donor | ODA $200 million | - |
Economic aid - recipient | - | NA |
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. Today its GDP per capita is 18 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 6.6% in 1998, then strongly recovered to 10.8% in 1999 and 9.2% 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 6.2%, despite anemic global growth, followed by moderate 2.8% growth in 2003. In 2003 the National Assembly approved legislation reducing the six-day work week to five days. | The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, is expected to make the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the dollar as its currency since 1959. |
Electricity - consumption | 270.3 billion kWh (2001) | 35.43 million kWh (2001) |
Electricity - exports | 0 kWh (2001) | 0 kWh (2001) |
Electricity - imports | 0 kWh (2001) | 0 kWh (2001) |
Electricity - production | 290.7 billion kWh (2001) | 38.1 million kWh (2001) |
Elevation extremes | lowest point: Sea of Japan 0 m
highest point: Halla-san 1,950 m |
lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
Environment - current issues | air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing | limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments) |
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 |
- |
Ethnic groups | homogeneous (except for about 20,000 Chinese) | black 83%, white, Indian, Asian and mixed |
Exchange rates | South Korean won per US dollar - 1,191.61 (2003), 1,251.09 (2002), 1,290.99 (2001), 1,130.96 (2000), 1,188.82 (1999) | the US dollar is used |
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 KIM Jin-pyo (since 28 January 2005), LEE Hun-jai (since 10 February 2004), 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% |
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)
head of government: Chief Minister Orlando D. SMITH (since 17 June 2003) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor |
Exports | 804,700 bbl/day (2001) | NA (2001) |
Exports - commodities | Semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals | rum, fresh fish, fruits, animals; gravel, sand |
Exports - partners | China 18.2%, US 17.8%, Japan 9%, Hong Kong 7.6% (2003) | Virgin Islands (US), Puerto Rico, US |
Fiscal year | calendar year | 1 April - 31 March |
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 | blue, with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful) |
GDP | purchasing power parity - $857.8 billion (2003 est.) | purchasing power parity - $320 million (2002 est.) |
GDP - composition by sector | agriculture: 3.6%
industry: 36.4% services: 60% (2003 est.) |
agriculture: 1.8%
industry: 6.2% services: 92% (1996 est.) |
GDP - per capita | purchasing power parity - $17,800 (2003 est.) | purchasing power parity - $16,000 (2002 est.) |
GDP - real growth rate | 3.1% (2003 est.) | 1% (2002 est.) |
Geographic coordinates | 37 00 N, 127 30 E | 18 30 N, 64 30 W |
Geography - note | strategic location on Korea Strait | strong ties to nearby US Virgin Islands and Puerto Rico |
Heliports | 206 (2003 est.) | - |
Highways | total: 86,990 km
paved: 64,808 km (including 1,996 km of expressways) unpaved: 22,182 km (1999 est.) |
total: 177 km
paved: 177 km unpaved: 0 km (2000) |
Household income or consumption by percentage share | lowest 10%: 2.9%
highest 10%: 22.5% (1999 est.) |
lowest 10%: NA
highest 10%: NA |
Illicit drugs | - | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering |
Imports | 2.965 million bbl/day (2001) | NA (2001) |
Imports - commodities | machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics | building materials, automobiles, foodstuffs, machinery |
Imports - partners | Japan 20.3%, US 13.9%, China 12.3%, Saudi Arabia 5.2% (2003) | Virgin Islands (US), Puerto Rico, US |
Independence | 15 August 1945 (from Japan) | none (overseas territory of the UK) |
Industrial production growth rate | 5.1% (2003 est.) | NA |
Industries | electronics, telecommunications, automobile production, chemicals, shipbuilding, steel | tourism, light industry, construction, rum, concrete block, offshore financial center |
Infant mortality rate | total: 7.18 deaths/1,000 live births
male: 7.64 deaths/1,000 live births female: 6.68 deaths/1,000 live births (2004 est.) |
total: 18.05 deaths/1,000 live births
male: 21.02 deaths/1,000 live births female: 14.95 deaths/1,000 live births (2004 est.) |
Inflation rate (consumer prices) | 3.6% (2003 est.) | 2.5% (2002) |
International organization participation | AfDB, APEC, 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 | Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU |
Irrigated land | 11,590 sq km (1998 est.) | NA sq km |
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) | Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction |
Labor force | 22.92 million (2003) | 4,911 (1980) |
Labor force - by occupation | agriculture 8.8%, industry 19.1%, services 72.1% (2001) | agriculture NA, industry NA, services NA |
Land boundaries | total: 238 km
border countries: North Korea 238 km |
0 km |
Land use | arable land: 17.18%
permanent crops: 1.95% other: 80.87% (2001) |
arable land: 20%
permanent crops: 6.67% other: 73.33% (2001) |
Languages | Korean, English widely taught in junior high and high school | English (official) |
Legal system | combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought | English law |
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; by-elections scheduled for April 2005)) election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, MDP 3%, others 2%; seats by party - Uri 152, GNP 121, DLP 10, MDP 9, others 7 (2004) |
unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held NA 2007) election results: percent of vote by party - NA; seats by party - NDP 8, VIP 5 |
Life expectancy at birth | total population: 75.58 years
male: 71.96 years female: 79.54 years (2004 est.) |
total population: 76.27 years
male: 75.24 years female: 77.36 years (2004 est.) |
Literacy | definition: age 15 and over can read and write
total population: 97.9% male: 99.2% female: 96.6% (2002) |
definition: age 15 and over can read and write
total population: 97.8% (1991 est.) male: NA female: NA |
Location | Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico |
Map references | Asia | Central America and the Caribbean |
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 |
territorial sea: 3 nm
exclusive fishing zone: 200 nm |
Merchant marine | total: 535 ships (1,000 GRT or over) 5,978,949 GRT/9,761,699 DWT
by type: bulk 97, cargo 174, chemical tanker 61, combination bulk 10, container 60, liquefied gas 19, passenger 3, petroleum tanker 73, refrigerated cargo 20, roll on/roll off 7, short-sea/passenger 2, specialized tanker 6, vehicle carrier 3 foreign-owned: Bahrain 1, China 1, Gibraltar 1, Honduras 1, Indonesia 1, Japan 3, Malaysia 1, Panama 1, Philippines 1, Saint Vincent and the Grenadines 1, United Kingdom 1, United States 1 registered in other countries: 442 (2004 est.) |
total: 3 ships (1,000 GRT or over) 83,825 GRT/155,909 DWT
by type: cargo 1, liquefied gas 1, petroleum tanker 1 foreign-owned: Norway 1 registered in other countries: 32 (2004 est.) |
Military - note | - | defense is the responsibility of the UK |
Military branches | Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard) | - |
Military expenditures - dollar figure | $14.522 billion (FY03) | - |
Military expenditures - percent of GDP | 2.7% (FY03) | - |
Military manpower - availability | males age 15-49: 14,233,895 (2004 est.) | - |
Military manpower - fit for military service | males age 15-49: 8,966,241 (2004 est.) | - |
Military manpower - reaching military age annually | males: 341,697 (2004 est.) | - |
National holiday | Liberation Day, 15 August (1945) | Territory Day, 1 July |
Nationality | noun: Korean(s)
adjective: Korean |
noun: British Virgin Islander(s)
adjective: British Virgin Islander |
Natural hazards | occasional typhoons bring high winds and floods; low-level seismic activity common in southwest | hurricanes and tropical storms (July to October) |
Natural resources | coal, tungsten, graphite, molybdenum, lead, hydropower potential | NEGL |
Net migration rate | 0 migrant(s)/1,000 population (2004 est.) | 10.01 migrant(s)/1,000 population (2004 est.) |
Pipelines | gas 1,433 km; refined products 827 km (2004) | - |
Political parties and leaders | Democratic Labor Party or DLP [KIM Hye-kyung, chairwoman]; Grand National Party or GNP [PARK Geun-hye, chairwoman]; Millennium Democratic Party or MDP [HAHN Hwa-kap, chairman]; United Liberal Democrats or ULD [KIM Hak-won, chairman]; Uri Party [LIM Chae-jung, interim chairman] | Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL] |
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 | NA |
Population | 48,598,175 (July 2004 est.) | 22,187 (July 2004 est.) |
Population below poverty line | 4% (2001 est.) | NA |
Population growth rate | 0.62% (2004 est.) | 2.06% (2004 est.) |
Ports and harbors | Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu | Road Town |
Radio broadcast stations | AM 58, FM 150, shortwave 2 (2004) | AM 1, FM 4, shortwave 0 (1998) |
Railways | total: 3,125 km
standard gauge: 3,125 km 1.435-m gauge (661 km electrified) (2003) |
- |
Religions | no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, other 1% | Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, none 2%, other 2% (1991) |
Sex ratio | at birth: 1.09 male(s)/female
under 15 years: 1.12 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 (2004 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.02 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.13 male(s)/female total population: 1.06 male(s)/female (2004 est.) |
Suffrage | 20 years of age; universal | 18 years of age; universal |
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) |
general assessment: worldwide telephone service
domestic: NA international: country code - 1-284; submarine cable to Bermuda |
Telephones - main lines in use | 22.877 million (2003) | 11,700 (2002) |
Telephones - mobile cellular | 33,591,800 (2003) | 8,000 (2002) |
Television broadcast stations | 64 (additionally 119 Cable Operators; 239 Relay Cable Operators) (2004) | 1 (plus one cable company) (1997) |
Terrain | mostly hills and mountains; wide coastal plains in west and south | coral islands relatively flat; volcanic islands steep, hilly |
Total fertility rate | 1.56 children born/woman (2004 est.) | 1.72 children born/woman (2004 est.) |
Unemployment rate | 3.4% (2003 est.) | 3% (1995) |
Waterways | 1,608 km
note: most navigable only by small craft (2004) |
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