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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 November 03, 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 November 03, 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: November 03, 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 November 03, 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/
