Share of employees South Korea 2021, by size of enterprise

Share of employees working at enterprises in South Korea in 2021, by size of enterprise

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Release date

September 2023

Region

South Korea

Survey time period

2021

Supplementary notes

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 or less are defined as SMEs.

Large enterprises are companies that are not small and medium-sized enterprises, such as large business groups that are subject to cross-shareholding restrictions.

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