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Number of SMEs South Korea 2020, by industry

Published by L. Yoon, Oct 13, 2022
In 2020, there were about 1.78 million small and medium-sized enterprises (SMEs) operating in the wholesale and retail trade sector, accounting for the largest share of all industries in South Korea. The real estate sector followed with about 1.24 million SMEs.

Number of small and medium-sized enterprises (SMEs) in South Korea in 2020, by industry (in 1,000s)

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Release date

August 2022

Region

South Korea

Survey time period

2020

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 South Korean won or less are defined as SMEs.

Figures have been rounded.

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Statistics on " SMEs in South Korea "

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Statistics on SMEs in South Korea

Overview

7

SMEs by size

4

Sales revenue and value added

6

Employment and salary

7

Job vacancy rate

4

Competitiveness

7

Further related statistics

21

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Topics

SMEs in South KoreaStartups in South Korea Employees in South KoreaUnemployment in South KoreaRemote work in South Korea
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