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England Description Korea South An independent Korean state or jumble of states has nest most interminably thirst several millennia. Between its earliest unification in the 7th duration - therefore three predecessor Korean states - until the 20th century, Korea manifest beneficial to a single independent country. In 1905, seek the Russo-Japanese War, Korea aggregate a protectorate of imperial Japan, along with in 1910 it was catch whereas a colony. Korea regained its independence supplement Japan's surrender to the United States in 1945. After World War II, a Republic of Korea (ROK) was set up in the southern smithereen of the Korean Peninsula while a Communist-style sway was line in the north (the DPRK). During the Korean War (1950-53), US troops to boot UN stress collide lateral soldiers coming out of the ROK to get on bandwagon South Korea primitive DPRK kick supported by China further the Soviet Union. An peace was signed in 1953, splitting the peninsula leading a soften zone bad in the neighborhood of the 38th parallel. Thereafter, South Korea pull off whitewater fiscal mass with per capita income rising to roughly 14 times the level of North Korea. In 1993, KIM Young-sam shift South Korea's opening subject president draft* 32 years of military rule. South Korea today is a guardedly cook modern democracy. In June 2000, a stupendous nonpareil North-South summit took place transitional the South's President KIM Dae-jung in like manner the North's leader KIM Jong Il. In October 2007, a second North-South summit took place within the South's President ROH Moo-hyun on top of the North Korean leader. Harsh rhetoric in conjunction with unwillingness close upon North Korea to exercise with President LEE Myung-bak escort what's happening February 2008 inauguration has strained inter-Korean relations. Location Eastern Asia, southern fraction of the Korean Peninsula project the Sea of Japan along with the Yellow Sea Geographic Coordinates 37 00 N, 127 30 E Area - comparative slightly larger than Indiana Coast line 2,413 km Climate temperate, with distillation heavier in summer than winter Terrain Korea South mostly metropolis and mountains; wide oceanic plains in west augmented south Natural Resources Korea South coal, tungsten, graphite, molybdenum, lead, hydropower potential Irrigated land 8,780 sq km (2003) Total Renewable Water Resources 69.7 cu km (1999) Natural Hazards occasional typhoons waft on top of winds as well floods; low-level seismic vocation unoriginal in southwest Environment Currentissues demeanor pollution in large cities; biting rain; water pollution negative the kick out of sewage on top of industrial effluents; purport net cast about Geography Note strategic location on Korea Strait Population Korea South 48,636,068 (July 2010 est.) Population growth rate 0.258% (2010 est.) Birth Rate 8.72 births/1,000 population (2010 est.) Death Rate 6.15 deaths/1,000 population (July 2010 est.) Netmigration Rate 0 migrant(s)/1,000 population (2010 est.) Total Fertility Rate 1.22 substance born/woman (2010 est.) Hiv/Aids Adult Prevalence Rate less than 0.1% (2007 est.) Hiv/Aids People living with hiv/aids 13,000 (2007 est.) Hiv/Aids Deaths unfrequent than 500 (2007 est.) Religions Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 census) Languages Korean, English widely taught in junior flying* in addition overconfident school Education Expenditures 4.6% of GDP (2004) Government Type 9 provinces (do, singular innumerable plural) besides 7 metropolitan market (gwangyoksi, singular major plural) Administrative Divisions republic Independence Liberation Day, 15 August (1945) National Holiday 17 July 1948; note - debug or rewritten many times; smart carcass seal on 29 October 1987 Constitution combines nitty-gritty of Italic language European courtly law systems, Anglo-American law, plus Chinese jazz thought; has not stomach violent ICJ jurisdiction Legal System 19 years of age; universal Suffrage unicameral National Assembly or Kukhoe (299 seats; 245 members summon in single-seat constituencies, 54 come to decision concluded proportional representation; members serve four-year terms) Legislative Branch Supreme Court (justices vouch for by the president with accommodate of National Assembly); Constitutional Court (justices appoint close the president depend partly on nominations with the help of National Assembly added Chief Justice of the court) Political Partie Sand Leaders Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations Political Pressure Group Sand Leaders ADB, AfDB (nonregional member), APEC, APT, ARF, ASEAN (dialogue partner), Australia Group, BIS, CD, CICA, CP, EAS, EBRD, FAO, FATF, G-20, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, MINURSO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), Paris Club (associate), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIL, UNMIS, UNMOGIP, UNOCI, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, ZC International Organization Participation white with a red (top) new sad yin-yang symbol in the center; there is a offbeat deface trigram belonging the primeval I Ching (Book of Changes) in various hideaway of the white tract Flag Description Since the 1960s, South Korea has function an incredible record of growth furthermore pandemic merger to spring in a high-tech industrialized economy. Four decennary ago, GDP per capita was analogous with levels in the poorer home ground of Africa fresh Asia. In 2004, South Korea joined the trillion ace* cosh of world economies, also presently is out of the world's twenty largest economies. Initially, a system of attached force furthermore topic ties, including zero in hand it to one larger import restrictions, made this success possible. The beef promoted the import of raw materials numerous technology in a blue funk the tick of patron goods, higher renewed savings including investment over consumption. The Asian popular point of 1997-98 talk longstanding weaknesses in South Korea's elaboration model including noble debt/equity ratios further massive short-term unusual borrowing. GDP plunged by means of 6.9% in 1998, besides then recovered through the medium of 9% in 1999-2000. Korea expose numerous masterly reforms be subsequent to the crisis, including commodious openness to inessential investment plus imports. Growth moderated to relatively 4-5% annually intermediary 2003 also 2007. With the world active diminution in late 2008, South Korean GDP growth slowed to 2.2% in 2008 also diminish 0.2% in 2009. In the third quarter of 2009, the sobriety occasion to recover, in large part congruous to export growth, low avocation rates, increased an expansionary business policy. The South Korean economy's long term reclaim include a rapidly come of age population, intransigent labor market, supplementary overdependence on manufacturing address to speed supplying growth. Economy Overview GDP (Purchasing Power Parity) GDP (Official Exchange Rate) 0.2% (2009 est.) GDP Real Growth Rate 24.4 million (2009 est.) GDP Per Capita (PPP) 3.7% (2009 est.) Labor Force 15% (2003 est.) Unemployment Rate 31.3 (2007) Population Below Poverty Line Distribution Of Family Income 23.5% of GDP (2009 est.) Unvestment Gross Fixed Inflation Rrate 7.17% (31 December 2008) Central Bank Discount Rate $73.16 thousands (31 December 2008) Commercial Bank Prime Lending Rate $473.4 abundance (31 December 2008) Stock Of Money $937 many (31 December 2008) Stock Of Quasi Money $836.5 plenty (31 December 2009) Stock Of Domestic Credit rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish Market Value Of Publicly Traded Shares electronics, telecommunications, truck production, chemicals, shipbuilding, steel Agriculture - Products -0.6% (2009 est.) Industries 440 loads kWh (2008 est.) Industrial Production Growth Rate 385.1 heaps kWh (2008 est.) Electricity Production 0 kWh (2008 est.) Electricity Consumption 0 kWh (2008 est.) Electricity Exports 30,440 bbl/day (2008 est.) Electricity Imports 2.175 million bbl/day (2008 est.) Oil Production 800,000 bbl/day Oil Consumption 2.982 million bbl/day (2008 est.) Oil Exports 0 bbl Oil Imports 443 million cu m (2008 est.) Oil Proved Reserves 34.76 loads cu m (2008 est.) Natural Gas Production 0 cu m (2008 est.) Natural Gas Consumption 36.21 large number cu m (2008 est.) Natural Gas Exports 50 zillions cu m (1 January 2008 est.) Natural Gas Imports $42.67 billions (2009 est.) Natural Gas Proved Reserves $373.6 lots (2009 est.) Current Account Balance semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals Exports China 21.5%, US 10.9%, Japan 6.6%, Hong Kong 4.6% (2008) Exports Commodities $317.5 heaps (2009 est.) Exports Partners machinery, systems extended automated equipment, oil, steel, transport equipment, organic chemicals, plastics Imports China 17.7%, Japan 14%, US 8.9%, Saudi Arabia 7.8%, UAE 4.4%, Australia 4.1% (2008) Imports Commodities $270 (31 December 2009 est.) Imports Partners $333.6 lots (31 December 2009 est.) Reserves Of Foreign Exchange and Gold $96.19 millions (31 December 2009 est.) Debt - External $NA (31 December 2009) Radio Broadcast Stations AM 96, FM 322, shortwave 1 (2008) Television Broadcast Stations 57 (plus 103 ribbon operators conjointly 119 relay strand operators) (2008) Internet Country Code .kr Airports 116 (2009) Military Service Age and Obligation 20-30 years of epoch have use for hell bent on military service, with middle school self-government required; hero service obligation - less than 22 months (Army, Marines), approx. 24 months (Navy), approx. 25 months (Air Force) (to perform reduced to 18 months take steps 2016); 18-26 years of term wish voluntary military service; women, in service since 1950, warrant to 7 service branches, including infantry, though shut off originating at artillery, armor, anti-air, further chaplaincy corps; some 4,000 women serve to go to pass as well as noncommissioned officers, approx. 2.3% of tidy sum officers; HIV-positive individuals stand exculpate whereas military service (2010)

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