In 2022, employees working at small and medium-sized enterprises (SMEs) accounted for almost 81 percent of total employment in South Korea. Employment in large companies, such as business conglomerates, accounted for about 19 percent.
Share of employees working at enterprises in South Korea in 2022, by size of enterprise
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 or less are defined as SMEs.
Large enterprises are companies that are not small and medium-sized enterprises, such as large business groups that are subject to cross-shareholding restrictions.
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Ministry of SMEs and Startups. (August 29, 2024). Share of employees working at enterprises in South Korea in 2022, by size of enterprise [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
Ministry of SMEs and Startups. "Share of employees working at enterprises in South Korea in 2022, by size of enterprise." Chart. August 29, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
Ministry of SMEs and Startups. (2024). Share of employees working at enterprises in South Korea in 2022, by size of enterprise. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
Ministry of SMEs and Startups. "Share of Employees Working at Enterprises in South Korea in 2022, by Size of Enterprise." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
Ministry of SMEs and Startups, Share of employees working at enterprises in South Korea in 2022, by size of enterprise Statista, https://www.statista.com/statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/ (last visited December 03, 2024)
Share of employees working at enterprises in South Korea in 2022, by size of enterprise [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
