General information


Population and major cities
There are 50,5789,183 inhabitants in South Korea. The capitol of South Korea is Seoul which is located in the northern part of South Korea. Seoul has 25,514,000 inhabitants. That means that approximately half of the entire population in the whole of South Korea lives in the capital Seoul. The second largest city is Busan with 3,678,55 inhabitants. Busan is located in the southern part of South Korea.

The official language
Korean, also called Hangul, is the official language of both North and South Korea. There are a few dialects that are spoken in South Korea. The first one is the Seoul dialect, or Gyeonggi. The second dialect is Yeongseo and the third is Chungcheong.

Religion and culture
Korea is a country where all the world’s major religions, Christianity, Buddhism, Confucianism and Islam, peacefully coexist with shamanism. The largest religious group is Buddhism with 43% of the population. The second largest group is Christians with 34,5% and the third largest group is Roman Catholic with 20,6%. In the Korean culture, family is the most important part. It is a culture of Confucianism which means that the father is the head of the family and it is his responsibility to provide food and clothing. Family welfare is much more important than the needs of the individual.

South Korea has a constitutional democratic republic. The government is divided into three branches: judicial, executive and legislative. The legislative and executive branches operate mainly at the national level. The judicial branch operates at both the national and local levels.

Over the past five years, South Korea’s economy has charted steady, uninterrupted progress in economic freedom. Here are a few facts about the South Korean economy.
GDP: 1377.87 billion dollars(2016)
Unemployment rate: 3,6% (2016)
Labour force: 63,3% (2016)
Inflation rate: 1,3% (2016)
Currency and Exchange rate: South Korean Won (KRW). 1 Won = 0,0009 USD (2016)

National holidays
New Year’s Day: 1st January
Seollal holiday 1: 7th Febuary
Seollal holiday 2: 8th Febuary
Seollal holiday 3: 9th Febuary
Independence movement day: 1st March
Children’s day: 5th May
Buddha’s birthday: 14th May
Memorial day: 6th June
Liberation day: 15th August
Mid-Autumn festival day 1: 14th September
Mid-Autumn festival day 2: 15th September
Mid-Autumn festival day 3: 16th September
National foundation day: 3rd October
Hangeul proclamation day: 9th October