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Korean Fact File
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----------------------------- General ----------------------------------
Country Name Republic of Korea (South Korea)
Capital City Seoul (10.2 million) (2012)
National Flag Taegeukgi
National Flower Mugunghwa (Rose of Sharon)
Currency won (US$1 = 1,127 won) (2012)
Language Korean (Writing system: Hangeul)
------------------------------------------ People ------------------------------------------
Population 50.95 million (South Korea) (2012)
* Foreign Residents (including short-term sojourners) :
1.4 million* Cities by Population: Seoul (10.2 million),
Busan (3.5 million), Incheon (2.8 million),
Daegu (2.5 million), Daejeon (1.5 million),
Gwangju (1.5 million), Ulsan (1.1 million) (2012)
Median Age 38.9 years (2012
)Economically Active Population 25.5 million (2012)
Population Increase Rate 0.45% (2012)
Life Expectancy Male, 77.7 years; female, 84.5 years (2011)
Religion A 2005 census showed one half of the population
practice religion. Among them, 10,726,463 Buddhists,
8,616,438 Protestants, and 5,146,147 Catholics comprise
the three dominant religions.
----------------------------------- Government --------------------------------
Political System Republic with a president elected to a single 5-year term
by direct popular vote. Division of power among the
executive, legislature (unicameral National Assembly),
and judiciary branches.
President Park Geun-hye since 2013
Suffrage Universal at 19 years of age
Elections Presidential: every 5 years
National Assembly: every 4 years
Local Government: every 4 years
-------------------------------------- Economy --------------------------------------
Gross Domestic Product US$ 1,129 billion (2012)
Per Capita GNI US$ 22,708 (2012)
GDP Growth Rate: 2.0% (2012)
Foreign Exchange Reserves: US$ 317 billion (2012)
Exports US$548 billion (2012)
Imports US$520 billion (2012)
Major Industrial Products Semiconductors, automobiles, ships, consumer electronics,
mobile telecommunications, equipment,
steel, and chemicals.
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