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Compare Korea, South (2005) - Korea, South (2006)

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 Korea, South (2005)Korea, South (2006)
 Korea, SouthKorea, South
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)
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)
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.)
0-14 years: 18.9% (male 4,844,083/female 4,368,139)


15-64 years: 71.9% (male 17,886,148/female 17,250,862)


65 years and over: 9.2% (male 1,818,677/female 2,678,914) (2006 est.)
Airports 179 (2004 est.) 107 (2006)
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: 69


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 11


under 914 m: 20 (2006)
Airports - with unpaved runways total: 91


914 to 1,523 m: 3


under 914 m: 88 (2004 est.)
total: 38


914 to 1,523 m: 3


under 914 m: 35 (2006)
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. Korea was an independent kingdom for much of its millennia-long history. 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 of Korea (ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. 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 1993, KIM Yo'ng-sam became South Korea's first civilian president following 32 years of military rule. 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 Dae-jung and the North's leader KIM Jong Il.
Birth rate 10.08 births/1,000 population (2005 est.) 10 births/1,000 population (2006 est.)
Budget revenues: $150.5 billion


expenditures: $155.8 billion, including capital expenditures of NA (2004 est.)
revenues: $195 billion


expenditures: $189 billion; including capital expenditures of $NA (2005 est.)
Capital Seoul name: Seoul


geographic coordinates: 37 34 N, 127 00 E


time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
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: Republic of Korea


conventional short form: South Korea


local long form: Taehan-min'guk


local short form: Han'guk


abbreviation: ROK
Death rate 6.26 deaths/1,000 population (2005 est.) 5.85 deaths/1,000 population (2006 est.)
Debt - external $160 billion (2004 est.) $153.9 billion (2005 est.)
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
chief of mission: Ambassador Alexander VERSHBOW


embassy: 32 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: US Embassy Seoul, Unit 15550, APO AP 96205-5550


telephone: [82] (2) 397-4114


FAX: [82] (2) 738-8845
Diplomatic representation in the US chief of mission: Ambassador Lee Tae-sik (designated)


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): Agana (Guam) and New York
chief of mission: Ambassador LEE Tae-sik


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
Economic aid - donor ODA $334 million (2003) ODA, $423.3 million (2004)
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. 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, South Korea joined the trillion dollar club of world economies. Today its GDP per capita is equal to the lesser economies of the EU. 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. GDP plunged by 6.9% in 1998, then recovered 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%, despite anemic global growth. Between 2003 and 2005, growth moderated to about 4%. A downturn in consumer spending was offset by rapid export growth. In 2005, the government proposed labor reform legislation and a corporate pension scheme to help make the labor market more flexible, and new real estate policies to cool property speculation. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption 293.6 billion kWh (2003) 321.1 billion kWh (2004)
Electricity - exports 0 kWh (2003) 0 kWh (2004)
Electricity - imports 0 kWh (2003) 0 kWh (2004)
Electricity - production 322.5 billion kWh (2003) 342.1 billion kWh (2004)
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) South Korean won per US dollar - 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002), 1,291 (2001)
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 February 2008); 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: President ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister HAN Myeong-sook (since 20 April 2006); Deputy Prime Ministers KIM Woo-sik (since 10 February 2006); KWON O-kyu (since 18 July 2006); KIM Shin-il (since 20 September 2006)


cabinet: State Council appointed by the president on the prime minister's recommendation


elections: president elected by popular vote for a 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: ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
Exports 630,100 bbl/day (2003) 645,200 bbl/day (2004)
Exports - partners China 19.7%, US 17%, Japan 8.6%, Hong Kong 7.2% (2004) China 21.8%, US 14.6%, Japan 8.5%, Hong Kong 5.5% (2005)
GDP - composition by sector agriculture: 3.2%


industry: 40.4%


services: 56.3% (2004 est.)
agriculture: 3.3%


industry: 40.3%


services: 56.3% (2005 est.)
GDP - per capita purchasing power parity - $19,200 (2004 est.) -
GDP - real growth rate 4.6% (2004 est.) 4% (2005 est.)
Heliports 206 (2004 est.) 540 (2006)
Highways total: 86,990 km


paved: 66,721 km (including 1,996 km of expressways)


unpaved: 20,269 km (2001)
-
Household income or consumption by percentage share lowest 10%: 2.9%


highest 10%: 22.5% (1999 est.)
lowest 10%: 2.9%


highest 10%: 25% (2005 est.)
Imports 2.263 million bbl/day (2003) 2.263 million bbl/day (2004)
Imports - partners Japan 20.6%, China 13.2%, US 12.9%, Saudi Arabia 5.3% (2004) Japan 18.5%, China 14.8%, US 11.8%, Saudi Arabia 6.2% (2005)
Industrial production growth rate 10.1% (2004 est.) 5.9% (2005 est.)
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.)
total: 6.16 deaths/1,000 live births


male: 6.54 deaths/1,000 live births


female: 5.75 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) 3.6% (2004 est.) 2.8% (2005 est.)
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 AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, PIF (partner), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC
Irrigated land 11,590 sq km (1998 est.) 8,780 sq km (2003)
Labor force 22.9 million (2004 est.) 23.53 million (2005 est.)
Labor force - by occupation agriculture 8%, industry 19%, services 73% (2004 est.) agriculture: 6.4%


industry: 26.4%


services: 67.2% (2005 est.)
Land use arable land: 17.18%


permanent crops: 1.95%


other: 80.87% (2001)
arable land: 16.58%


permanent crops: 2.01%


other: 81.41% (2005)
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)
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 and on 26 October 2005)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 144, GNP 127, DP 11, DLP 9, ULD 3, independents 5


note: percent of vote is for 2004 general election; seats by party reflect results of April and October 2005 byelections involving six and four seats respectively; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006. (2006)
Life expectancy at birth total population: 76.85 years


male: 73.42 years


female: 80.57 years (2005 est.)
total population: 77.04 years


male: 73.61 years


female: 80.75 years (2006 est.)
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)
total: 669 ships (1000 GRT or over) 8,634,188 GRT/13,733,624 DWT


by type: bulk carrier 157, cargo 193, chemical tanker 98, container 81, liquefied gas 22, passenger 5, passenger/cargo 24, petroleum tanker 57, refrigerated cargo 17, roll on/roll off 6, specialized tanker 3, vehicle carrier 6


foreign-owned: 22 (France 12, Japan 1, UK 2, US 7)


registered in other countries: 365 (Belize 4, Cambodia 23, China 2, Cyprus 1, Georgia 1, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 3, Malaysia 1, Malta 6, Marshall Islands 1, Panama 291, Singapore 17, unknown 2) (2006)
Military branches Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard) Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006)
Military expenditures - dollar figure $16.18 billion (2004) $21.06 billion FY05 (2005 est.)
Military expenditures - percent of GDP 2.8% (2004) 2.6% FY05 (2005 est.)
Net migration rate 0 migrant(s)/1,000 population (2005 est.) 0 migrant(s)/1,000 population (2006 est.)
Pipelines gas 1,433 km; refined products 827 km (2004) gas 1,482 km; refined products 827 km (2006)
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] Democratic Labor Party or DLP [MOON Seong-hyun]; Democratic Party or DP [HAHN Hwa-kap]; Grand National Party or GNP [KANG Jae-sup]; People-Centered Party or PCP [SHIN Kook-hwan]; Uri Party [KIM Geun-tae]
Population 48,422,644 (July 2005 est.) 48,846,823 (July 2006 est.)
Population below poverty line 4% (2001 est.) 15% (2003 est.)
Population growth rate 0.38% (2005 est.) 0.42% (2006 est.)
Ports and harbors Inch'on, Masan, P'ohang, Pusan, Ulsan -
Radio broadcast stations AM 58, FM 150, shortwave 2 (2004) AM 61, FM 150, shortwave 2 (2005)
Railways total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2004)
total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,361 km electrified) (2005)
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.)
at birth: 1.08 male(s)/female


under 15 years: 1.11 male(s)/female


15-64 years: 1.04 male(s)/female


65 years and over: 0.68 male(s)/female


total population: 1.01 male(s)/female (2006 est.)
Suffrage 20 years of age; universal 19 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: excellent domestic and international services


domestic: NA


international: country code - 82; 10 fiber-optic submarine cables - 1 Korea-Russia-Japan, 1 Korea-Japan-Hong Kong, 3 Korea-Japan-China, 1 Korea-Japan-China-Europe, 1 Korea-Japan-China-US-Taiwan, 1 Korea-Japan-China, 1 Korea-Japan-Hong Kong-Taiwan, 1 Korea-Japan; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean) and 3 Inmarsat (1 Pacific Ocean and 2 Indian Ocean)
Telephones - main lines in use 22.877 million (2003) 23.745 million (2005)
Telephones - mobile cellular 33,591,800 (2003) 38.342 million (2005)
Television broadcast stations 64 (additionally 119 Cable Operators; 239 Relay Cable Operators) (2004) terrestrial stations 43; cable operators 59; relay cable operators 190 (2005)
Total fertility rate 1.26 children born/woman (2005 est.) 1.27 children born/woman (2006 est.)
Unemployment rate 3.6% (2004 est.) 3.7% (2005 est.)
Waterways 1,608 km


note: most navigable only by small craft (2004)
1,608 km (most navigable only by small craft) (2006)
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