LOW RISK for enterprise
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
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GDP | USD1642.383bn (World ranking 12, World Bank 2019) |
Population | 51.7mn (World ranking 28, World Bank 2019) |
Form of state | Democratic Republic |
Head of government | Moon Jae-in (President) |
Next elections | 2022, presidential |
(% of total)
Exports | Rank | Imports |
---|---|---|
China
25%
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1 |
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United States
13%
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2 |
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Hong Kong
7%
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3 |
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Vietnam
7%
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4 |
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Japan
5%
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5 |
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(% of total)
Exports | Rank | Imports |
---|---|---|
Electrical machinery, apparatus and appliances, n.e.s.
19%
|
1 |
14%
Petroleum, petroleum products and related materials
|
Road vehicles
13%
|
2 |
13%
Electrical machinery, apparatus and appliances, n.e.s.
|
Telecommunication and sound recording apparatus
7%
|
3 |
4%
Telecommunication and sound recording apparatus
|
Other transport equipment
7%
|
4 |
4%
Specialised machinery
|
Petroleum, petroleum products and related materials
5%
|
5 |
4%
Metalliferous ores and metal scrap
|
01 April
The pace of vaccination campaigns will drive a multi-speed recovery, keeping divergence high.
26 March
Supply-chain disruptions since the beginning of the year could cost USD230bn.
17 March
It is quite easy to overestimate or underestimate money growth and therefore underestimate the uncertainty surrounding the outlook for inflation.