South Korea is a sovereign state in East Asia, constituting the southern part of the Korean Peninsula.[1] Highly urbanized at 92%,[2] South Koreans lead a distinctive urban lifestyle; half of them live in high-rises[3] concentrated in the Seoul Capital Area with 25 million residents[4] and the world's sixth-leading global city[5] with the fourth-largest economy[6] and seventh-most sustainable city in the world.[7]
Driven by a highly educated and skilled workforce, it has the world's eighth-highest median household income, the highest in Asia, and its singles in particular earn more than all G7 nations. Globally, it ranks highly in personal safety,[8] job security, and healthcare quality, with the world's third-highest health adjusted life expectancy and fourth-most efficient healthcare system.[9] It is the world's largest spender on R&D per GDP, leading the OECD in graduates in science and engineering[10] and ranking third in the Youth Wellbeing Index.[11] Home of Samsung, LG and Hyundai-Kia, South Korea was named the world's most innovative country in the Bloomberg Innovation Index,[12] ranking first in business R&D intensity and patents filed per GDP. As of 2014, it has the world's fastest Internet speed and highest smartphone ownership, ranking first in ICT Development, e-Government[13] and 4G LTE coverage.
For further information on the types of business entities in this country and their abbreviations, see "Business entities in South Korea".
^ This article incorporates public domain material from The World Factbook. CIA.
^지표상세. Index.go.kr. July 24, 2015. Retrieved June 20, 2016.
^[수도권]‘응팔 아파트’ 만들기 서울시의 이색 도전 : 뉴스 : 동아닷컴. News.donga.com (January 7, 2016). Retrieved June 20, 2016.
^"Current population of the Seoul National Capital Area". Statistics Korea.
^Institute for Urban Strategies, The Mori Memorials Foundation (2015). Global Power City Index 2015. Retrieved March 2, 2016
^Global Metro Monitor |Brookings Institution. Brookings.edu (January 22, 2015). Retrieved June 20, 2016.
^"Sustainable City Index 2016 - Comparing cities". Arcadis.
^Crime Index by Country 2016. Numbeo.com. Retrieved June 20, 2016.
^Lu, Lisa Du lisadont Wei (September 29, 2016). "U.S. Health-Care System Ranks as One of the Least-Efficient". Bloomberg.
^"These are the 10 smartest countries in the world when it comes to science". Business Insider. December 4, 2015. Retrieved October 26, 2016.
^"Archived copy" (PDF). Archived from the original (PDF) on 2014-04-17. Retrieved 2016-11-07.{{cite web}}: CS1 maint: archived copy as title (link)
^"The Bloomberg Innovation Index". Bloomberg.
^UN E-Government Survey 2014. Unpan3.un.org. Retrieved June 20, 2016.
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Global Information
This article incorporates public domain material from The World Factbook. CIA.
