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 |
Government Website: | https://korea.assembly.go.kr:447/ |
Sovereign Ratings: | https://countryeconomy.com/ratings/south-korea |
Central Bank: | Bank of 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% |
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 |
Eximbank: The Export-Import Bank of Korea ; Export Insurance Agency: Korea Trade Insurance Corporation ;
Export Promotion Agency: The Korea International Trade Association ; Investment Agency: Invest Korea ; Investment & Export Promotion Agency: Korea Trade-Investment Promotion Agency ;
N/A
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FIATA Members
Korea International Freight Forwarders Association -KIFFA-
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British Chambers of Commerce Overseas |
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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 |
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British Representation Overseas |
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The British Embassy in South Korea |
Department for International Trade South Korea |
UK Science & Innovation Network in South Korea |
Foreign Representation in the U.K. |
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Embassy of the Republic of Korea EmbassyPages EmbassyHomePage |
Edinburgh Honorary Consulate |