REPUBLIC OF KOREA

Devotion to the Welfare of Humanity

Population & Relatives Of The South Korean People

The population of Korea is estimated at 51, 780, 000 people in 2020, accounting for 0.66% of the world’s population.South Korea is considered one of the most ethnically homogeneous societies in the world with ethnic Koreans representing approximately 96% of total population. Precise numbers are difficult since statistics do not record ethnicity and given many immigrants are ethnically Korean themselves, and some South Korean citizens are not ethnically Korean. South Korea is nevertheless becoming a more multi-ethnic society over time due to immigration.
The percentage of foreign nationals has been growing rapidly. As of 2016, South Korea had 1,413,758 foreign residents, 2.75% of the population; however, many of them are ethnic Koreans with a foreign citizenship.

The legal system of South Korea is a civil law system that has its basis in the Constitution of the Republic of Korea.

Click to view the Law of South Korea

Korean industry and production situation

South Korea is a highly developed country and the world’s 12th-largest economy by nominal GDP. Its citizens enjoy the world’s fastest Internet connection speeds and the most dense high-speed railway network. It was named the second-best country in the world to raise kids in the 2020 UN Child Flourishing Index, with the best chance at survival, thriving and well-being due to good healthcare, education, and nutrition.The world’s 5th largest exporter and 8th largest importer, South Korea is a global leader in many technology and innovation-driven fields. Since 2014, South Korea has been named the world’s most innovative country by the Bloomberg Innovation Index for 6 consecutive years. Since the 21st century, South Korea has been renowned for its globally influential pop culture, particularly in music (K-pop), TV dramas and cinema, a phenomenon referred to as the Korean Wave. It is a developed country with a high-income economy and is the most industrialized member country of the OECD. South Korean brands such as LG Electronics, Hyundai & Samsung are internationally famous and garnered South Korea’s reputation for its quality electronics and other manufactured goods.