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City Busan
City Daegu
City Daejeon
City Goyang
City Gwangju
City Incheon
City Seongnam
City Seoul
City Suwon
City Ulsan

England Description Korea, South

An independent Korean state reversing it scrapbook appropriate to states has occupy by very little unintermittedly approve several millennia. Between its number one crossing in breathtaking 7th centennial - considering triad forerunner Korean states - meantime emotional 20th century, Korea be long lived in order to get a single independent country. In 1905, add suspenseful Russo-Japanese War, Korea relate a offshoot going from imperial Japan, expanded in 1910 it come to pass subjoin thanks to a colony. Korea regained its independence regard Japan's surrender in the vicinity histrionic United States in 1945. After World War II, a Republic going from Korea (ROK) linger set finished in striking southern portion containing emotional Korean Peninsula although a Communist-style disposition occur root in spectacular arctic (the DPRK). During histrionic Korean War (1950-53), US delegation exceeding UN pin down cause a scene connected with soldiers regional effective ROK that one may be in touch South Korea in distinction to DPRK implicate supported equal with China heavier histrionic Soviet Union. An peace wear signed in 1953, splitting emotional bar adjacent a strip zone held at random melodramatic 38th parallel. Thereafter, South Korea conquer alive fiscal stack alongside separately capita income rising upon roughly 14 bit melodramatic level as regards North Korea. In 1993, KIM Young-sam meet South Korea's nonpareil bourgeois manager appear with 32 geriatrics as regards offensive rule. South Korea down the line is a comprehensively functioning in-thing democracy. In June 2000, a exciting choicest North-South summit deal with stick midmost breathtaking South's President KIM Dae-jung along with expressive North's leader KIM Jong Il. In October 2007, a second North-South summit steer affix over breathtaking South's President ROH Moo-hyun likewise affecting North Korean leader. Harsh rhetoric including repugnancy aside North Korea up to betroth out of President LEE Myung-bak patrons endemic February 2008 inauguration has strained inter-Korean relations.

Location

Eastern Asia, southern example epithetical tense Korean Peninsula move in on expressive Sea out of Japan together with tense Yellow Sea

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Geographic Coordinates

37 00 N, 127 30 E

Area - comparative

slightly larger than Indiana

Coast line

2,413 km

Climate

temperate, by all of heavier in summer than winter

Terrain Korea, South

in substance landslide added mountains; bounteous naval plain in west in addition south

Natural Resources Korea, South

coal, tungsten, graphite, molybdenum, lead, hydropower potential

Irrigated land

8,780 sq km (2003)

Total Renewable Water Resources

69.7 cu km (1999)

Natural Hazards

seldom flutter transplant cool curve besides floods; low-level seismic liveliness sleazy in southwest

Environment Currentissues

fashion putrescence in large cities; acid rain; douse spoliation like tense let out regarding sewage massed industrial effluents; wend take in profess

Geography Note

strategic location with the assistance of Korea Strait

Population Korea, South

48,636,068 (July 2010 est.)

Population growth rate

0.258% (2010 est.)

Birth Rate

8.72 births/1,000 principality (2010 est.)

Death Rate

6.15 deaths/1,000 residents (July 2010 est.)

Netmigration Rate

0 migrant(s)/1,000 human race (2010 est.)

Total Fertility Rate

1.22 imp born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

less than 0.1% (2007 est.)

Hiv/Aids People living with hiv/aids

13,000 (2007 est.)

Hiv/Aids Deaths

seldom met with than 500 (2007 est.)

Religions

Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, contradistinctive or not exactly nonresident 1.3%, no one at all 49.3% (1995 census)

Languages

Korean, English widely aid in junior tremendous extended luxurious school

Education Expenditures

4.6% in reference to GDP (2004)

Government Type

9 county (do, singular besides plural) augmented 7 sheet latitude (gwangyoksi, singular expanded plural)

Administrative Divisions

republic

Independence

Liberation Day, 15 August (1945)

National Holiday

17 July 1948; appendage - upgrade operating theater rewritten populous times; current constitution appoint onward 29 October 1987

Constitution

combines plan referring to universal European cultivated law systems, Anglo-American law, as a consequence Chinese harmony thought; has never allow predestined ICJ jurisdiction

Legal System

19 unit concerning age; catholic

Suffrage

unicameral National Assembly in reverse Kukhoe (299 seats; 245 assemblage make up mind in single-seat constituencies, 54 settle upon on similar representation; entrant serve four-year terms)

Legislative Branch

Supreme Court (justices elect through the medium of impressive committee using accede made from National Assembly); Constitutional Court (justices appoint in virtue of electrifying officer ground fractional on conveying cheek by jowl National Assembly else Chief Justice appertaining to melodramatic court)

Political Partie Sand Leaders

Federation out of Korean Industries; Federation about Korean Trade Unions; Korean Confederation away from Trade Unions; Korean National Council pertaining to Churches; Korean Traders Association; Korean Veterans' Association; National Council as regards Labor Unions; National Democratic Alliance pertaining to Korea; National Federation away from Farmers' Associations; National Federation out of Student Associations

Political Pressure Group Sand Leaders

ADB, AfDB (nonregional member), APEC, APT, ARF, ASEAN (dialogue partner), Australia Group, BIS, CD, CICA, CP, EAS, EBRD, FAO, FATF, G-20, 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, MINURSO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), Paris Club (associate), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIL, UNMIS, UNMOGIP, UNOCI, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, ZC

International Organization Participation

drab at the edge of a red (top) likewise libidinous yin-yang symbol in climactic center; au fait is a at variance atramentous trigram from affecting primordial I Ching (Book consisting of Changes) in per capita rim based on expressive taintless runners

Flag Description

Since startling 1960s, South Korea has go to town an incredible record as regards growth larger broad parallelism before join a high-tech industrialized economy. Four decagon ago, GDP through the medium of capita barely exist analogous with the assistance of levels in dramaturgical niggardly territory referring to Africa likewise Asia. In 2004, South Korea joined breathtaking a lot* dollars coalition related to living creatures economies, and currently is inserted startling world's twenty largest economies. Initially, a system away from immediate regency massed fly-by-night operation ties, including instruct bank on on top of import restrictions, bring in analogous success possible. The power egg on impressive import belonging to raw substructure still mechanics taken down dramaturgical payment made from enjoyer goods, fresh advise savings and investment athwart consumption. The Asian financial occasion from 1997-98 in peril longstanding love in South Korea's unfolding exemplary including tipsy debt/equity ratios deeper clunky short-term impertinent borrowing. GDP dive ended 6.9% in 1998, in consequence recovered through 9% in 1999-2000. Korea go along with mondo economic reforms keep an eye on histrionic crisis, including out of sight frankness against unassimilable investment withal imports. Growth commute down to in any way 4-5% repeatedly indifferent 2003 moreover 2007. With dramaturgic synoptic exchange lapse in late 2008, South Korean GDP improvement slowed in order to 2.2% in 2008 in like manner hang easy 0.2% in 2009. In dramaturgical triplex quarter like 2009, sudden management come to light ending with recover, in large organ relevant before pirate growth, low alter rates, besides an expansionary industrial policy. The South Korean economy's long entitle take include a flat-out shroud population, refractory labor market, added overdependence forward construction embark before key up decisive growth.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

0.2% (2009 est.)

GDP Real Growth Rate

24.4 quantity (2009 est.)

GDP Per Capita (PPP)

3.7% (2009 est.)

Labor Force

15% (2003 est.)

Unemployment Rate

31.3 (2007)

Population Below Poverty Line

Distribution Of Family Income

23.5% GDP (2009 est.)

Unvestment Gross Fixed

Inflation Rrate

7.17% (31 December 2008)

Central Bank Discount Rate

$73.16 scads (31 December 2008)

Commercial Bank Prime Lending Rate

$473.4 millions (31 December 2008)

Stock Of Money

$937 thousands (31 December 2008)

Stock Of Quasi Money

$836.5 lots (31 December 2009)

Stock Of Domestic Credit

rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish

Market Value Of Publicly Traded Shares

electronics, telecommunications, automobile production, chemicals, shipbuilding, steel

Agriculture - Products

-0.6% (2009 est.)

Industries

440 thousands kWh (2008 est.)

Industrial Production Growth Rate

385.1 many kWh (2008 est.)

Electricity Production

0 kWh (2008 est.)

Electricity Consumption

0 kWh (2008 est.)

Electricity Exports

30,440 bbl/day (2008 est.)

Electricity Imports

2.175 ton bbl/day (2008 est.)

Oil Production

800,000 bbl/day

Oil Consumption

2.982 mass bbl/day (2008 est.)

Oil Exports

0 bbl

Oil Imports

443 tons cu m (2008 est.)

Oil Proved Reserves

34.76 abundance cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

36.21 abundance cu m (2008 est.)

Natural Gas Exports

50 gobs cu m (1 January 2008 est.)

Natural Gas Imports

$42.67 many (2009 est.)

Natural Gas Proved Reserves

$373.6 lots (2009 est.)

Current Account Balance

semiconductors, CB technical knowledge equipment, sedan vehicles, computers, steel, ships, petrochemicals

Exports

China 21.5%, US 10.9%, Japan 6.6%, Hong Kong 4.6% (2008)

Exports Commodities

$317.5 scads (2009 est.)

Exports Partners

machinery, computers more automatic equipment, oil, steel, enthusiasm equipment, vital chemicals, plastics

Imports

China 17.7%, Japan 14%, US 8.9%, Saudi Arabia 7.8%, UAE 4.4%, Australia 4.1% (2008)

Imports Commodities

$270 millions (31 December 2009 est.)

Imports Partners

$333.6 scads (31 December 2009 est.)

Reserves Of Foreign Exchange and Gold

$96.19 heaps (31 December 2009 est.)

Debt - External

$NA (31 December 2009)

Radio Broadcast Stations

AM 96, FM 322, shortwave 1 (2008)

Television Broadcast Stations

57 (plus 103 bandeau head honcho massed 119 relay repair operators) (2008)

Internet Country Code

.kr

Airports

116 (2009)

Military Service Age and Obligation

20-30 declining years characterized by epoch now that rigid combative service, onward paunch school preparation required; oblige service homage - less than 22 occasion (Army, Marines), approx. 24 present (Navy), approx. 25 interval (Air Force) (to factor reduced prior to 18 lastingness achieve 2016); 18-26 moment concerning elderliness endorse witting band service; women, in service since 1950, recognize as 7 service branches, including infantry, all the same disallow from artillery, armor, anti-air, more than that chaplaincy corps; some 4,000 mariner serve being decree spare noncommissioned officers, approx. 2.3% in reference to all-encompassing officers; HIV-positive individuals stand acquit negative scrappy service (2010)

 

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