In 2022, there were about 123.65 thousand medium-sized enterprises in South Korea, up from about 111.74 thousand in the previous year. The total number of small and medium-sized enterprises (SMEs) in South Korea stood at over eight million that year.
Number of medium-sized enterprises in South Korea from 2019 to 2022
(in 1,000s)
Medium-sized enterprises are small and medium-sized enterprises (SMEs) that are not classified as small enterprises.
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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Ministry of SMEs and Startups. (August 29, 2024). Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1333105/south-korea-number-of-medium-sized-enterprises/
Ministry of SMEs and Startups. "Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s)." Chart. August 29, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1333105/south-korea-number-of-medium-sized-enterprises/
Ministry of SMEs and Startups. (2024). Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1333105/south-korea-number-of-medium-sized-enterprises/
Ministry of SMEs and Startups. "Number of Medium-sized Enterprises in South Korea from 2019 to 2022 (in 1,000s)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1333105/south-korea-number-of-medium-sized-enterprises/
Ministry of SMEs and Startups, Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s) Statista, https://www.statista.com/statistics/1333105/south-korea-number-of-medium-sized-enterprises/ (last visited November 21, 2024)
Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s) [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1333105/south-korea-number-of-medium-sized-enterprises/
