In 2022, the total revenue of small and medium-sized enterprises (SMEs) in South Korea amounted to about 3,309 trillion South Korean won, up from about 2,654 trillion South Korean won three years prior.
Total revenue of small and medium-sized enterprises (SMEs) in South Korea from 2019 to 2022
(in trillion South Korean won)
Small and medium-sized enterprises (SMEs) are for-profit businesses whose total assets do not exceed 500 billion South Korean won and which meet the criterion of independence (not a subsidiary of a large enterprise). Depending on the type of business, companies with average three-year sales of 40 billion South Korean won or less to 150 billion South Korean won or less are defined as SMEs.
1,000 South Korean won equals 0.76 U.S. dollars or 0.68 euros as of October 2024.Â
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Ministry of SMEs and Startups. (August 29, 2024). Total revenue of small and medium-sized enterprises (SMEs) in South Korea from 2019 to 2022 (in trillion South Korean won) [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1223240/south-korea-sales-revenue-of-small-and-medium-enterprises/
Ministry of SMEs and Startups. "Total revenue of small and medium-sized enterprises (SMEs) in South Korea from 2019 to 2022 (in trillion South Korean won)." Chart. August 29, 2024. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1223240/south-korea-sales-revenue-of-small-and-medium-enterprises/
Ministry of SMEs and Startups. (2024). Total revenue of small and medium-sized enterprises (SMEs) in South Korea from 2019 to 2022 (in trillion South Korean won). Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1223240/south-korea-sales-revenue-of-small-and-medium-enterprises/
Ministry of SMEs and Startups. "Total Revenue of Small and Medium-sized Enterprises (Smes) in South Korea from 2019 to 2022 (in Trillion South Korean Won)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1223240/south-korea-sales-revenue-of-small-and-medium-enterprises/
Ministry of SMEs and Startups, Total revenue of small and medium-sized enterprises (SMEs) in South Korea from 2019 to 2022 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1223240/south-korea-sales-revenue-of-small-and-medium-enterprises/ (last visited December 14, 2024)
Total revenue of small and medium-sized enterprises (SMEs) in South Korea from 2019 to 2022 (in trillion South Korean won) [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1223240/south-korea-sales-revenue-of-small-and-medium-enterprises/