In 2022, there were about 2.1 million small and medium-sized enterprises (SMEs) operating in the wholesale and retail trade sector, accounting for the largest share of all industries in South Korea. The real estate sector followed with about 1.22 million SMEs.
Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry
(in 1,000s)
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.
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Ministry of SMEs and Startups. (August 29, 2024). Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1314664/south-korea-number-of-smes-by-industry/
Ministry of SMEs and Startups. "Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s)." Chart. August 29, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1314664/south-korea-number-of-smes-by-industry/
Ministry of SMEs and Startups. (2024). Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1314664/south-korea-number-of-smes-by-industry/
Ministry of SMEs and Startups. "Number of Small and Medium-sized Enterprises (Smes) in South Korea in 2022, by Industry (in 1,000s)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1314664/south-korea-number-of-smes-by-industry/
Ministry of SMEs and Startups, Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s) Statista, https://www.statista.com/statistics/1314664/south-korea-number-of-smes-by-industry/ (last visited November 21, 2024)
Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s) [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1314664/south-korea-number-of-smes-by-industry/