In 2021, there were about 267 thousand small enterprises in South Korea, up from about 258 thousand in the previous year. The total number of small and medium-sized enterprises (SMEs) in South Korea stood at about 7.7 million that year.
Number of small enterprises in South Korea from 2019 to 2021
(in 1,000s)
Characteristic
Number of small enterprises in thousands
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Small enterprises are SMEs with three-year average sales of one billion South Korean won or less to 12 billion or less.
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.
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KOSIS. (September 12, 2023). Number of small enterprises in South Korea from 2019 to 2021 (in 1,000s) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1333099/south-korea-number-of-small-enterprises/
KOSIS. "Number of small enterprises in South Korea from 2019 to 2021 (in 1,000s)." Chart. September 12, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1333099/south-korea-number-of-small-enterprises/
KOSIS. (2023). Number of small enterprises in South Korea from 2019 to 2021 (in 1,000s). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1333099/south-korea-number-of-small-enterprises/
KOSIS. "Number of Small Enterprises in South Korea from 2019 to 2021 (in 1,000s)." Statista, Statista Inc., 12 Sep 2023, https://www.statista.com/statistics/1333099/south-korea-number-of-small-enterprises/
KOSIS, Number of small enterprises in South Korea from 2019 to 2021 (in 1,000s) Statista, https://www.statista.com/statistics/1333099/south-korea-number-of-small-enterprises/ (last visited July 22, 2024)
Number of small enterprises in South Korea from 2019 to 2021 (in 1,000s) [Graph], KOSIS, September 12, 2023. [Online]. Available: https://www.statista.com/statistics/1333099/south-korea-number-of-small-enterprises/