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Republic of Korea
National name: Taehan Min'guk
President: Kim Dae Jung (1998)
Prime Minister: Park Tae Joon (2000)
Area: 38,031 sq. mi. (98,480 sq. km)
Population (1999 est.): 46,884,800 (average annual rate of natural increase: 1.03%); birth rate: 16.0/1000; infant mortality rate: 7.6/1000; density per sq. mi.: 1,233
Capital and largest city: Seoul: city proper (1995 est.) 10,231,217; metro. area (1996 est.) 11,768,000
Other large cities: Pusan, 3,814,235; Taegu, 2,449,000; Inchon, 2,308,000
Monetary unit: Won
Language: Korean
Ethnicity/race: homogeneous (except for about 20,000 Chinese)
Religions (est. mid-1996): Christian, 48.2%; Buddhist, 48.8%; Confucianist, 0.8%; Chondogyo (religion of the Heavenly Way), 0.2%; Other, 2%
Literacy rate: 98%
Economic summary: GDP/PPP (1998 est.): $584.7 billion; $12,600 per capita. Real growth rate: –6.8%. Inflation: 7.5% (1998). Unemployment: 7.9%. Arable land: 19%. Agriculture: rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish. Labor force: 20 million; services and other, 52%; mining and manufacturing, 27%; agriculture, fishing, forestry, 21% (1991). Industries: electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing. Natural resources: coal, tungsten, graphite, molybdenum, lead, hydropower. Exports: $133 billion (f.o.b., 1998): electronic and electrical equipment, machinery, steel, automobiles, ships; textiles, clothing, footwear; fish. Imports: $94 billion (c.i.f., 1998): machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains. Major trading partners: U.S., EU, Japan.
