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The economy of South Korea is a highly developed mixed economy. [19] [20] [21] By nominal GDP, the economy was worth ₩2.61 quadrillion (US$1.87 trillion).It has the 4th largest economy in Asia and the 12th largest in the world as of 2025. [3]
South Korea's animal welfare laws are weak by international standards, [7] and ethical vegetarianism and veganism appear to be rare. [8] [9] There is a handful of animal welfare and rights organisations working in South Korea, which appear to be focused largely on the welfare of companion animals and the dog meat trade. [10] [11]
South Korea has the highest level of environmental pollution among OECD countries. With a population density of 492 people per square kilometer, it ranks third in the world, with more than half of the population living in the Seoul metropolitan area, which accounts for 11.8% of the land area.
Once a fledgling industrial nation, South Korea's economy grew 10% each year through the 1980s and 1990s. Today, South Korea is a manufacturing and export powerhouse, as of 2015 it was the world's 11th largest gross domestic producer, [3] but this has been driven by coal-fired power generation and high vehicle emissions. [6] [4]
South Korea currently recycles close to 100% of its food waste, making it a model case study for government officials in other countries. (Jean Chung / For The Times)
South Korea’s trade-dependent economy is facing increasing uncertainties, including the growing crisis in the Middle East that could potentially influence fuel prices, exchange rates and public ...
South Korea's economy returned to growth in the third quarter, recovering from its sharpest contraction in more than a decade, as the government pushed through stimulus measures and major trading ...
By region, the area near Jeju was the highest with an increase of 4.44 mm, with the east coast increasing by 3.70 mm, the south coast by 2.41 mm, and the west coast by 2.07 mm. [47] According to the RCP 2.6/4.5/6.0/8.5 scenario, Korea's average sea level is expected to rise 37.8, 48.1, 47.7, and 65.0 cm at the end of the 21st century ...