South Korea Population

The total population in South Korea was last recorded at 50.0 million people in 2012 from 25.0 million in 1960, changing 100 percent during the last 50 years. Population in South Korea is reported by the The Bank of Korea. From 1960 until 2012, South Korea Population averaged 39.7 Million reaching an all time high of 50.0 Million in December of 2012 and a record low of 25.0 Million in December of 1960. The population of South Korea represents 0.72 percent of the world´s total population which arguably means that one person in every 140 people on the planet is a resident of South Korea. This page provides - South Korea Population - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
50.00 49.78 50.00 25.00 50.25 | 2013/12 1960 - 2012 Million Yearly

TO

South Korea Population
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Unemployment Rate 3.50 2014-03-31 3.90 7.10 2.90 3.90 2014-04-30 Percent [+]
Population 50.00 2012-12-31 49.78 50.00 25.00 50.25 2013-12-31 Million [+]
Employed Persons 25524.00 2014-03-15 25644.00 25644.00 20275.00 25603.76 2014-04-30 Thousand [+]
Labour Costs 110.90 2013-05-15 107.40 115.30 86.30 110.57 2013-09-30 Index Points [+]
Labor Force Participation Rate 61.80 2014-03-15 61.40 63.40 48.50 63.08 2014-04-30 Percent [+]
Productivity 101.60 2013-08-15 103.00 124.10 93.10 98.07 2013-12-31 Index Points [+]
Unemployed Persons 928.00 2014-03-15 1033.00 1564.00 684.00 912.86 2014-04-30 Thousand [+]
Wages 3126967.00 2013-11-15 3180603.00 3180603.00 2460239.00 3181704.73 2014-03-31 KRW [+]
Wages in Manufacturing 3418613.00 2013-11-15 3464494.00 3487717.00 2520139.00 3440255.67 2014-03-31 KRW [+]
Retirement Age Men 60.00 2013-01-01 60.00 60.00 60.00 60.00 2013-12-31 [+]
Retirement Age Women 60.00 2013-01-01 60.00 60.00 60.00 60.00 2013-12-31 [+]
[+]


Population | Notes
Population estimates are usually produced by a country´s statistical office or Census Bureau. The Population Census provides the most reliable picture of a country's population because the data is collected at a specified time from the entire population; in contrast to other surveys, in which information is collected from only a small part of the residents. When monthly population estimates are required, the population count is updated by adding births, subtracting deaths, and adding net international migration since the census date.


RELATED NEWS

South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Bank of Korea Leaves Monetary Policy Unchanged  
At its April 10th, 2014 meeting, South Korea's central bank held the benchmark interest rate unchanged at 2.5 percent, as widely expected. Under new Governor Lee Ju-yeol, the Bank of Korea cited signs of recovery at home and abroad and uncertainty about the US Federal Reserve's stimulus.
South Korea Unemployment Rate Falls in March  
South Korea jobless rate decreased to 3.5 percent in March of 2014, after reaching a three-year high 3.9 percent in February, thanks to new jobs created in agriculture and social services.
South Korea Trade Surplus Widens 25.7% YoY in March  
South Korean trade surplus increased to USD 4.19 billion in March of 2014, up from a USD 933 million surplus in the previous month and USD 3.33 billion surplus a year earlier. Exports jumped to the second-highest value on record due to higher demand from the US and the EU.
South Korea Inflation Rate Accelerates in March  
South Korean consumer prices rose in March of 2014 to an annual rate of 1.3 percent, up from 1 percent in February. The inflation rate rose for the first time in four months to a seven-month high, mainly due to higher childcare cost.
South Korea GDP Advances 0.9% QoQ in Q4  
South Korean GDP advanced a seasonally adjusted 0.9 percent on quarter in the fourth quarter of 2013, in line with expectations and unchanged from the advance estimate.
South Korea GDP Growth Revised Down to 3.7% YoY  
In the fourth quarter of 2013, South Korean GDP advanced 3.7 percent over a year earlier, down from an initial 3.9 percent estimate. Exports, government spending and contruction investment rose at a slower pace than initially estimated.
Bank of Korea Holds Rates  
At its March 13th, 2014 meeting, South Korea’s central bank decided to hold the base rate unchanged at 2.5 percent, citing mixed signs of a global recovery.
South Korea Unemployment Rate Hits 3-Year High  
In February of 2014, South Korean seasonally adjusted jobless rate rose to 3.9 percent, up from 3.2 percent in the previous month. While the number of job seekers increased as the season for graduation and recruitment led more young people to actively look for job, the number of people in work hit its highest level in 15 years.
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South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
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US New Home Sales Fall Sharply in March  
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US Markit Manufacturing PMI Steady in April  
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South Africa Inflation Rate Back to 6%  
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Singapore Inflation Rate Edges Up in March  
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