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Seoul, [b] officially Seoul Special Metropolitan City, [c] is the capital and largest city of South Korea.The broader Seoul Capital Area, encompassing Gyeonggi Province and Incheon, emerged as the world's sixth largest metropolitan economy in 2022, trailing behind Paris, San Francisco, Los Angeles, Tokyo, and New York, and hosts more than half of South Korea's population.
In 2020, the Seoul Metropolitan Area's gross regional domestic product was around USD 900 billion, generating around half of the country's total GDP. [2] It is the fourth-largest urban economy in the world after Tokyo, New York and Los Angeles but ahead of Paris and London. [8] The region hosts headquarters of 59 Forbes Global 2000 companies. [9]
Gangnam Commercial Area The Flag of the Seoul. Seoul, officially Seoul Special Metropolitan City, is the capital and largest city of South Korea.The broader Seoul Capital Area, encompassing Gyeonggi Province and Incheon, emerged as the world's sixth largest metropolitan economy in 2022, trailing behind Paris, San Francisco, Los Angeles, Tokyo, and New York, and hosts more than half of South ...
inside the capital city wall) area inside the city wall, and peripheral areas named Seongjeosimni (성저십리; 城底十里) which was a ring-shaped region 10 ris (Korean mile) outside of the City Wall. [3]: 75 Seoul was a planned capital of the Joseon, as geographic embodiment of Confucianism.
It had one of the world's fastest growing economies from the 1960s until 1980 and is now considered a developed [4] economy. It is a G20 and OECD member. In response to tension with North Korea, it has developed the world's sixth largest armed forces and has one of the 10-largest defence budgets in the world.
It has a population of 51.96 million, of which half live in the Seoul Capital Area, the ninth most populous metropolitan area in the world. Other major cities include Busan, Daegu, and Incheon. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its first kingdom was noted in Chinese records in the early 7th century BCE.
The Lotte World Tower in Songpa District, Seoul, is the tallest building in South Korea and the 6th tallest in the world. South Korea's mixed economy [ 189 ] [ 190 ] [ 191 ] is the 13th largest by nominal GDP and the 14th largest GDP by purchasing power parity in the world, [ 192 ] identifying it as one of the G20 major economies.
Located 48 km (30 mi) west of Seoul, the capital and the largest city of South Korea, Incheon International Airport is the main hub for Korean Air, Asiana Airlines, Jeju Air, and Polar Air Cargo. The airport is a hub for international civilian air transportation and cargo traffic in East Asia.