Korea, South (2007) | Bermuda (2003) | |
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 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick |
Age structure | 0-14 years: 18.3% (male 4,714,103/female 4,262,873)
15-64 years: 72.1% (male 18,004,719/female 17,346,594) 65 years and over: 9.6% (male 1,921,803/female 2,794,698) (2007 est.) |
0-14 years: 19.2% (male 6,195; female 6,205)
15-64 years: 69.3% (male 22,110; female 22,574) 65 years and over: 11.5% (male 3,215; female 4,183) (2003 est.) |
Agriculture - products | rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish | bananas, vegetables, citrus, flowers; dairy products |
Airports | 105 (2007) | 1 (2002) |
Airports - with paved runways | total: 68
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: 19 (2007) |
total: 1
2,438 to 3,047 m: 1 (2002) |
Airports - with unpaved runways | total: 37
914 to 1,523 m: 3 under 914 m: 34 (2007) |
- |
Area | total: 98,480 sq km
land: 98,190 sq km water: 290 sq km |
total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
Area - comparative | slightly larger than Indiana | about one-third the size of Washington, DC |
Background | An independent Korean state or collection of states has existed almost continuously for several millennia. Between its initial unification in the 7th century - from three predecessor Korean states - until the 20th century, Korea existed as a single independent country. In 1905, following the Russo-Japanese War, Korea became a protectorate of imperial Japan, and in 1910 it was annexed as a colony. Korea regained its independence following Japan's surrender to the United States in 1945. 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 Young-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. | Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995. |
Birth rate | 9.93 births/1,000 population (2007 est.) | 12.13 births/1,000 population (2003 est.) |
Budget | revenues: $219.5 billion
expenditures: $215.7 billion (2006 est.) |
revenues: $609.5 million
expenditures: $574.6 million, including capital expenditures of $54.8 million (FY 00/01) |
Capital | name: Seoul
geographic coordinates: 37 33 N, 126 59 E time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time) |
Hamilton |
Climate | temperate, with rainfall heavier in summer than winter | subtropical; mild, humid; gales, strong winds common in winter |
Coastline | 2,413 km | 103 km |
Constitution | 17 July 1948; note - amended or rewritten nine times; current constitution approved on 29 October 1987 | 8 June 1968, amended 1989 |
Country name | conventional long form: Republic of Korea
conventional short form: South Korea local long form: Taehan-min'guk local short form: Han'guk abbreviation: ROK |
conventional long form: none
conventional short form: Bermuda former: Somers Islands |
Currency | - | Bermudian dollar (BMD) |
Death rate | 5.99 deaths/1,000 population (2007 est.) | 7.46 deaths/1,000 population (2003 est.) |
Debt - external | $187.2 billion (2006 est.) | $145 million (FY 99/00) |
Dependency status | - | overseas territory of the UK |
Diplomatic representation from the US | chief of mission: Ambassador Alexander VERSHBOW
embassy: 32 Sejong-no, Jongno-gu, Seoul 110-710 mailing address: US Embassy Seoul, APO AP 96205-5550 telephone: [82] (2) 397-4114 FAX: [82] (2) 738-8845 |
chief of mission: Consul General Denis Patrick COLEMAN, Jr.
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592, [1] (441) 296-9233 |
Diplomatic representation in the US | 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 |
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 incidents with North Korea in the Yellow Sea over the Northern Limiting Line, which South Korea claims as a maritime boundary; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954 | none |
Economic aid - donor | ODA, $744 million (2005) | - |
Economic aid - recipient | - | $NA |
Economy - overview | Since the 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 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 by 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 2006, growth moderated to about 4-5%. A downturn in consumer spending was offset by rapid export growth. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy. | Bermuda enjoys one of the highest per capita incomes in the world, with its economy primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's tourism industry - which derives over 80% of its visitors from the US - has been severely hit as American tourists have chosen not to travel. Tourism rebounded somewhat in 2002, but remains below the pre-11 September level. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable. |
Electricity - consumption | 352.5 billion kWh (2005) | 598.6 million kWh (2001) |
Electricity - exports | 0 kWh (2005) | 0 kWh (2001) |
Electricity - imports | 0 kWh (2005) | 0 kWh (2001) |
Electricity - production | 366.2 billion kWh (2005) | 643.7 million kWh (2001) |
Electricity - production by source | - | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
Elevation extremes | lowest point: Sea of Japan 0 m
highest point: Halla-san 1,950 m |
lowest point: Atlantic Ocean 0 m
highest point: Town Hill 76 m |
Environment - current issues | air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing | asbestos disposal; water pollution; preservation of open space; sustainable development |
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 58%, white 36%, other 6% |
Exchange rates | South Korean won per US dollar - 955.3 (2006), 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002) | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) |
Executive branch | chief of state: President ROH Moo-hyun (since 25 February 2003)
head of government: Prime Minister HAN Duck-soo (since 2 April 2007); 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 on 19 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% |
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since NA April 2002)
head of government: Premier Alex SCOTT (since 24 July 2003) cabinet: Cabinet nominated by the premier, appointed by the governor 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 premier by the governor |
Exports | 644,100 bbl/day (2004) | NA (2001) |
Exports - commodities | semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals | reexports of pharmaceuticals |
Exports - partners | China 21.3%, US 13.3%, Japan 8.1%, Hong Kong 5.9% (2006) | France 77.4%, UK 2.8%, US 2.4% (2002) |
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 | red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag |
GDP | - | purchasing power parity - $2.25 billion (2002 est.) |
GDP - composition by sector | agriculture: 3.2%
industry: 39.6% services: 57.2% (2006 est.) |
agriculture: 1%
industry: 10% services: 89% (2002 est.) |
GDP - per capita | - | purchasing power parity - $35,200 (2002 est.) |
GDP - real growth rate | 5% (2006 est.) | 0.5% (2002 est.) |
Geographic coordinates | 37 00 N, 127 30 E | 32 20 N, 64 45 W |
Geography - note | strategic location on Korea Strait | consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995 |
Heliports | 536 (2007) | - |
Highways | - | total: 450 km
paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002) |
Household income or consumption by percentage share | lowest 10%: 2.9%
highest 10%: 25% (2005 est.) |
lowest 10%: NA%
highest 10%: NA% |
Imports | 2.83 million bbl/day (2004) | NA (2001) |
Imports - commodities | machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics | machinery and transport equipment, construction materials, chemicals, food and live animals |
Imports - partners | Japan 16.8%, China 15.7%, US 11%, Saudi Arabia 6.7%, UAE 4.2% (2006) | Kazakhstan 30.9%, France 24.7%, Italy 10.5%, US 9.7%, South Korea 8.4%, Mexico 4.3% (2002) |
Independence | 15 August 1945 (from Japan) | none (overseas territory of the UK) |
Industrial production growth rate | 8% (2006 est.) | NA% |
Industries | electronics, telecommunications, automobile production, chemicals, shipbuilding, steel | tourism, international business, light manufacturing |
Infant mortality rate | total: 6.05 deaths/1,000 live births
male: 6.43 deaths/1,000 live births female: 5.64 deaths/1,000 live births (2007 est.) |
total: 9.05 deaths/1,000 live births
male: 10.77 deaths/1,000 live births female: 7.3 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 2.2% (2006 est.) | 2.3% (July 2002) |
International organization participation | AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMOGIP, UNOMIG, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO, ZC | Caricom (observer), ICFTU, Interpol (subbureau), IOC, WCO |
Internet Service Providers (ISPs) | - | 20 (2000) |
Irrigated land | 8,780 sq km (2003) | 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) | Supreme Court; Court of Appeal; Magistrate Courts |
Labor force | 23.98 million (2006 est.) | 37,472 (2000) |
Labor force - by occupation | agriculture: 6.4%
industry: 26.4% services: 67.2% (2006 est.) |
clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.) |
Land boundaries | total: 238 km
border countries: North Korea 238 km |
0 km |
Land use | arable land: 16.58%
permanent crops: 2.01% other: 81.41% (2005) |
arable land: 6%
permanent crops: 0% other: 94% (55% developed, 45% rural/open space) (1998 est.) |
Languages | Korean, English widely taught in junior high and high school | English (official), Portuguese |
Legal system | combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought; has not accepted compulsory ICJ jurisdiction | English law |
Legislative branch | unicameral National Assembly or Kukhoe (299 seats; 243 members elected in single-seat constituencies, 56 elected by proportional representation; to serve four-year terms)
elections: last held 15 April 2004 (next to be held in April 2008) election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 141, GNP 127, DP 12, DLP 9, PFP 5, independents 5 note: percent of vote is for 2004 general election; seats by party reflect results of 2005 and 2006 by-elections; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006 |
bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve five-year terms)
elections: last general election held 24 July 2003 (next to be held NA July 2008) election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14 |
Life expectancy at birth | total population: 77.23 years
male: 73.81 years female: 80.93 years (2007 est.) |
total population: 77.41 years
male: 75.38 years female: 79.49 years (2003 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: 98% male: 98% female: 99% (1970 est.) |
Location | Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea | North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) |
Map references | Asia | North America |
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 |
exclusive fishing zone: 200 NM
territorial sea: 12 NM |
Merchant marine | total: 738 ships (1000 GRT or over) 10,636,466 GRT/17,371,943 DWT
by type: bulk carrier 187, cargo 202, carrier 1, chemical tanker 119, container 81, liquefied gas 26, passenger 5, passenger/cargo 21, petroleum tanker 57, refrigerated cargo 19, roll on/roll off 8, specialized tanker 4, vehicle carrier 8 foreign-owned: 22 (China 2, France 8, Japan 1, Sweden 2, UK 1, US 7, Vietnam 1) registered in other countries: 386 (Belize 4, Cambodia 29, China 1, Cyprus 2, Greece 2, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 4, Malta 3, Marshall Islands 3, Netherlands 1, Panama 316, Russia 1, Singapore 7, unknown 4) (2007) |
total: 93 ships (1,000 GRT or over) 4,993,227 GRT/7,089,760 DWT
ships by type: bulk 25, cargo 4, chemical tanker 1, container 14, liquefied gas 9, passenger 5, petroleum tanker 11, refrigerated cargo 13, roll on/roll off 7, short-sea passenger 4 note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 5, Denmark 2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden 11, United Kingdom 52, United States 13 (2002 est.) |
Military - note | - | defense is the responsibility of the UK |
Military branches | Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006) | no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary |
Military expenditures - dollar figure | - | $4.028 million (January 2002) |
Military expenditures - percent of GDP | 2.7% (2006) | 0.11% (FY00/01) |
National holiday | Liberation Day, 15 August (1945) | Bermuda Day, 24 May |
Nationality | noun: Korean(s)
adjective: Korean |
noun: Bermudian(s)
adjective: Bermudian |
Natural hazards | occasional typhoons bring high winds and floods; low-level seismic activity common in southwest | hurricanes (June to November) |
Natural resources | coal, tungsten, graphite, molybdenum, lead, hydropower potential | limestone, pleasant climate fostering tourism |
Net migration rate | 0 migrant(s)/1,000 population (2007 est.) | 2.56 migrant(s)/1,000 population (2003 est.) |
Pipelines | gas 1,482 km; refined products 827 km (2006) | - |
Political parties and leaders | Democratic Labor Party or DLP [MOON Seong-hyun]; Democratic Party or DP [PARK Sang-chun]; Grand National Party or GNP [KANG Jae-sup]; People-First Party or PFP [SHIN Kook-hwan and SIM Dae-pyung]; Uri Party [Chung Sye-kyun] | National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT] |
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 | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES] |
Population | 49,044,790 (July 2007 est.) | 64,482 (July 2003 est.) |
Population below poverty line | 15% (2003 est.) | NA% |
Population growth rate | 0.394% (2007 est.) | 0.72% (2003 est.) |
Ports and harbors | - | Hamilton, Saint George's, Dockyard |
Radio broadcast stations | AM 61, FM 150, shortwave 2 (2005) | AM 5, FM 3, shortwave 0 (1998) |
Railways | total: 3,472 km
standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2006) |
0 km |
Religions | Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 census) | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% |
Sex ratio | at birth: 1.08 male(s)/female
under 15 years: 1.106 male(s)/female 15-64 years: 1.038 male(s)/female 65 years and over: 0.688 male(s)/female total population: 1.01 male(s)/female (2007 est.) |
at birth: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.96 male(s)/female (2003 est.) |
Suffrage | 19 years of age; universal | 18 years of age; universal |
Telephone system | general assessment: excellent domestic and international services
domestic: NA international: country code - 82; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean) and 3 Inmarsat (1 Pacific Ocean and 2 Indian Ocean) |
general assessment: NA
domestic: modern, fully automatic telephone system international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean) |
Telephones - main lines in use | 26.866 million (2006) | 52,000 (1997) |
Telephones - mobile cellular | 40.197 million (2006) | 7,980 (1996) |
Television broadcast stations | 43 (plus 59 cable operators and 190 relay cable operators) (2005) | 3 (1997) |
Terrain | mostly hills and mountains; wide coastal plains in west and south | low hills separated by fertile depressions |
Total fertility rate | 1.28 children born/woman (2007 est.) | 1.9 children born/woman (2003 est.) |
Unemployment rate | 3.3% (2006 est.) | 4.5% (1993) |
Waterways | 1,608 km (most navigable only by small craft) (2007) | none |