South Korea: Economic indicators and trade with EU

Written by Enrico D’Ambrogio and Giulio Sabbati (both EPRS),

In cooperation with Caterina Francesca Guidi (from GlobalStat | EUI),

South Korea is one of the top countries in terms of doing business and holds a good score within the Human Development Index. Meanwhile its economy has slowed in recent years and female labour market participation remains lower than most OECD countries, with little progress. Trade with the EU has benefitted from 2011 bilateral Free Trade Agreement, namely making a boost in EU’s exports to South Korea.

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GlobalStat, a project of the EUI’s Robert Schuman Centre for Advanced Studies and the Francisco Manuel dos Santos Foundation aims to offer the best available gateway to statistical data. It is easily accessible, intuitive to use, and free of charge. In just three clicks it offers data from 1960 onwards for 193 UN countries, five continents and 12 political and regional entities – including the European Union – gathered from over 80 international sources. The project, presents data as diverse as income distribution, water resources, housing, migration, land use, food production, nutrition, or life expectancy, which contributes to a better understanding of the interrelations between human living conditions and globalisation trends.