In 2022, there were over seven million small and medium-sized enterprises (SMEs) registered as sole proprietorships in South Korea, while just over one million SMEs were corporations. The total number of SMEs in South Korea stood at over eight million that year.
Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure
(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 business structure (in 1,000s) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1333377/south-korea-number-of-smes-by-business-structure/
Ministry of SMEs and Startups. "Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s)." Chart. August 29, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1333377/south-korea-number-of-smes-by-business-structure/
Ministry of SMEs and Startups. (2024). Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1333377/south-korea-number-of-smes-by-business-structure/
Ministry of SMEs and Startups. "Number of Small and Medium-sized Enterprises (Smes) in South Korea in 2022, by Business Structure (in 1,000s)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1333377/south-korea-number-of-smes-by-business-structure/
Ministry of SMEs and Startups, Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s) Statista, https://www.statista.com/statistics/1333377/south-korea-number-of-smes-by-business-structure/ (last visited December 21, 2024)
Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s) [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1333377/south-korea-number-of-smes-by-business-structure/
