- Capital: Seoul
- Population: 48 million
- President: Lee Myung-bak
(since February 25, 2008)
- Prime Minister: Kim Hwang-sik (since October 1, 2010)
- Area: 99,720 square kilometers
- Currency: Won
- Independence Day: August 15, 1945
Source: CIA World Factbook
- A member of the Organization for Economic Cooperation and Development (OECD), Korea is classified as a high-income economy by the World Bank and an advanced economy by the International Monetary Fund.
- Korea was the chair of the G-20 major economies last year and was the first country in Asia to host the G-20 summit, as it did in Seoul in November 2010.
- Korea is a major trading partner of the world's largest economies - it is the third largest trading partner of China and Japan, the seventh largest trading partner of the United States, and the eighth largest trading partner of the EU.
- Korea's strong emphasis on education is credited as one of the primary factors for its economic success.
- The United Nations ranks Korea's education system first in Asia and seventh worldwide.
- Korea is the most innovative country in the world among major economies, according to the Global Innovation Index.
- Korea is the world's first country to bring high-speed fiber-optic broadband Internet access to every primary and secondary school nation-wide.
To learn more about the Korean economy, click here