Revenue of SMEs South Korea 2019-2022

Total revenue of small and medium-sized enterprises (SMEs) in South Korea from 2019 to 2022

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Release date

August 2024

Region

South Korea

Survey time period

2019 to 2022

Supplementary notes

Small and medium-sized enterprises (SMEs) are for-profit businesses whose total assets do not exceed 500 billion South Korean won and which meet the criterion of independence (not a subsidiary of a large enterprise). Depending on the type of business, companies with average three-year sales of 40 billion South Korean won or less to 150 billion South Korean won or less are defined as SMEs.

1,000 South Korean won equals 0.76 U.S. dollars or 0.68 euros as of October 2024. 

Figures have been rounded.

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