South Korea, or the Republic of Korea, is located in East Asia, occupying the southern portion of the Korean Peninsula and bordering North Korea. It asserts itself as the legitimate government of the entire peninsula. Its population is around 52 million, with a significant concentration in the Seoul metropolitan area. Major cities include Busan, Daegu, and Incheon. It is bordered by the Yellow Sea to the west and the Sea of Japan to the east.
South Korea's Kospi experienced a significant drop of 7% due to escalating Middle East tensions and subsequent regional stock selloffs. The Iran conflict is impacting global stock markets, leading to investor concerns and market instability.
The Liancourt Rocks were the first Korean territories to be forcibly colonized by Japan in 1905.
March 1, 1919, marks Korean Independence Day, commemorating the March First Movement.
Despite intentions to liberate a unified peninsula declared in the 1943 Cairo Declaration, tensions between the Soviet Union and the United States led to the division of Korea.
South Korea shares its traditional culture with North Korea, but the two Koreas have developed distinct contemporary forms of culture since the peninsula was divided in 1945.
In May 1948, Syngman Rhee won the first presidential elections of the newly declared Republic of Korea, backed by the United States.
Following failed negotiations on reunification, the southern zone of Korea became the Republic of Korea in August 1948.
In 1948 Korea was divided into two political entities: North Korea and South Korea due to escalating tensions between the Soviet Union and the United States.
In 1948, the constitution was first promulgated at independence and the first direct election was held.
On June 25, 1950, North Korea invaded South Korea, triggering the Korean War, the Cold War's first major conflict.
In 1950, U.S. forces were sent to defend against an invasion from North Korea of the South and subsequently fought as the largest contributor of UN troops.
In 1950, a North Korean invasion triggered the Korean War, a major proxy conflict of the Cold War involving the United Nations Command and the People's Volunteer Army from China.
In 1951, the Liancourt Rocks were returned to Korea along with the rest of its territory with the signing of the Treaty of San Francisco.
The 1953 armistice split the Korean peninsula along the demilitarized zone, with no peace treaty ever signed.
The Korean War ended in 1953 with an armistice, leaving three million Koreans dead and the economy in ruins.
The Korean War eventually reached a stalemate and concluded in 1953, after both sides experienced massive losses among Korean civilians.
In 1960, the "April Revolution," a student uprising, led to the resignation of President Syngman Rhee.
On May 16, 1961, General Park Chung Hee led a coup d'état, ending the Second Republic of South Korea.
Since 1962, the EU has been the single largest foreign investor in South Korea.
Seoul hosted the 1967 Asian Basketball Championship.
In 1972, Park Chung Hee extended his rule by creating a new constitution that granted him dictatorial powers.
In 1979, General Chun Doo-hwan led the coup d'état of December Twelfth.
President Park Chung Hee's 17-year tenure ended with his assassination on October 26, 1979.
In May 1980, protests in Gwangju demanding democracy were violently suppressed by special forces, resulting in many civilian deaths.
On May 17, 1980, Chun Doo-hwan forced the Cabinet to expand martial law to the whole nation.
South Korea recorded the fastest rise in average GDP per capita in the world between 1980 and 1990.
The Korea Professional Baseball league, a 10-team circuit, was established in 1982.
The Korea Republic national team has qualified for every World Cup since Mexico 1986.
In 1987, the June Democratic Struggle was ignited after the torture and death of a student, leading to the June 29 Declaration promising a democratic election.
Roh Tae-woo won the 1987 election by a narrow margin against opposition leaders.
Under the 1987 constitution, South Korea maintains a unitary presidential republic with an elected legislature.
In the aftermath of the 1988 Seoul Olympics, South Korea has witnessed a wide variation of styles in its architectural landscape with the opening up of the market to foreign architects.
Seoul hosted the Olympic Games in 1988, which was considered successful and boosted South Korea's global image.
The Olympic Sculpture Garden in 1988 was a notable event in the development of modern Korean art.
South Korea recorded the fastest rise in average GDP per capita in the world between 1980 and 1990.
In 1991, South Korea became a member of the United Nations, joining at the same time as North Korea.
In 1992, the pop group Seo Taiji and Boys emerged, marking a turning point for South Korean popular music, also known as K-pop.
Since 1992, South Korea has sent up 10 satellites using foreign rockets and overseas launch pads.
The transposition of the 1993 edition of the Whitney Biennial to Seoul was a notable event in the development of modern Korean art.
Seoul hosted the 1995 Asian Basketball Championship.
The creation of the Gwangju Biennale and the Korean Pavilion at the Venice Biennale in 1995 were notable events in modern Korean art.
Although South Korea was severely harmed by the 1997 Asian financial crisis, the country managed a rapid recovery and subsequently tripled its GDP.
On February 25, 1998, Kim Dae-jung was sworn in as the eighth president of South Korea.
Since 1992, South Korea has sent up 10 satellites, including Arirang-1 in 1999, using foreign rockets and overseas launch pads.
Since the success of the film Shiri in 1999, the Korean film industry has grown substantially, garnering recognition both nation-wide and across the globe.
In June 2000, a North–South summit took place in Pyongyang as part of President Kim Dae-jung's "Sunshine Policy".
In 2000, taekwondo became an official Olympic sport after modern rules were standardized in the 1950s and 1960s.
Beginning in 2001, South Korea deployed 24,000 troops in the Middle East region to support the war on terror.
In 2002, South Korea experiences significant economic growth by 7.2%.
Since 2003, robotics has been included in the list of main national research and development projects.
The EU enjoyed an annual average growth rate of 9.8% in its trade with South Korea between 2003 and 2013.
The Korean Robot Game Festival has been held every year since 2004 to promote science and robot technology.
In 2005, Korea Advanced Institute of Science and Technology (KAIST) developed the world's second walking humanoid robot, HUBO.
In 2005, South Korea had the first successful cloning of a dog, named Snuppy.
In May 2006, a team in the Korea Institute of Industrial Technology developed the first Korean android, EveR-1.
In 2006, South Korea was designated as a priority FTA partner by the European Union (EU).
In 2006, the EU accounted for almost 45% of all FDI inflows into Korea.
In 2006, the South Korea national baseball team finished third in the World Baseball Classic.
On January 1, 2007, Ban Ki-moon, former South Korean Foreign Minister, served as UN Secretary-General.
On October 4, 2007, Roh Moo-Hyun and North Korean leader Kim Jong Il signed an eight-point agreement on issues of permanent peace, high-level talks, economic cooperation, renewal of train services, highway and air travel, and a joint Olympic cheering squad.
In 2007, South Korea and the United States signed a free trade agreement known as the Republic of Korea-United States Free Trade Agreement.
In 2007, a conservative government led by President Lee Myung-bak was elected in South Korea.
In 2007, two females of an endangered species of gray wolves were cloned by the Seoul National University.
In April 2008, Yi So-yeon became the first Korean to fly in space, aboard the Russian Soyuz TMA-12.
In 2008, South Korea's life expectancy was 79.10 years, ranking 34th in the world.
In the 2008 Summer Olympics, South Korea won the gold medal in baseball.
South Korea avoided a recession during the 2008 financial crisis, with economic growth rate of 2.3%.
In June 2009, the first spaceport of South Korea, Naro Space Center, was completed at Goheung, South Jeolla Province.
In November 2009, South Korea joined the OECD Development Assistance Committee as a donor member.
In 2009, South Korea maintained a low unemployment rate of 3.6% during the Great Recession.
In 2009, South Korea's birth rate became the world's lowest, at approximately 9 births per 1000 people annually.
In 2009, the South Korea national baseball team finished second in the World Baseball Classic.
In 2009, the government announced plans to build robot-themed parks in Incheon and Masan with a mix of public and private funding.
The South Korean government blamed North Korea for cyberattack incidents that occurred in 2009, 2011 and 2012.
In February 2010, plans of creating English-teaching robot assistants to compensate for the shortage of teachers were announced, with the robots being deployed to most preschools and kindergartens by 2013.
In March 2010, Anyang Halla won their first ever Asia League Ice Hockey title.
In March 2010, the South Korean warship ROKS Cheonan was sunk, killing 46 sailors, allegedly by a North Korean submarine.
In September 2010, the free trade agreement between the EU and South Korea was approved.
In November 2010, South Korea hosted the G-20 Summit in Seoul.
In November 2010, Yeonpyeongdo was attacked by a North Korean artillery barrage, resulting in casualties.
November 2010 recorded a 17.5% increase in births, the highest growth rate since November 2010.
About 30,000 foreign born residents obtain South Korean citizenship every year since 2010.
As of 2010, South Korea is the world's fifth-largest nuclear power producer and the third-largest in Asia, supplying 45% of its electricity production.
At the 2010 Asian Games, the Korean National Baseball team won the gold medal.
In 2010, South Korea hosted its first Formula One race at the Korea International Circuit in Yeongam, and Seoul hosted a professional triathlon race.
In 2010, South Korea spent ₩1.68 trillion in a cost-sharing agreement with the U.S. to provide budgetary support to the U.S. forces in Korea, on top of the ₩29.6 trillion budget for its own military.
In 2010, South Korea's economic growth rate reached 6.2%, the fastest growth for eight years.
In 2010, the Korea Republic national football team broke out of the group stage in the World Cup, but was defeated by Uruguay in the Round of 16.
The country adopted a new educational program to increase the number of foreign students through 2010. According to the Ministry of Education, Science and Technology, the number of scholarships for foreign students in South Korea would have (under the program) doubled by that time, and the number of foreign students would have reached 100,000.
On July 1, 2011, the free trade agreement between the European Union (EU) and South Korea took effect.
On October 12, 2011, the U.S. Congress passed the long-stalled trade agreement with South Korea, known as the Republic of Korea-United States Free Trade Agreement.
In 2011, Kim Jong Un succeeded his father as leader of North Korea.
In 2011, the South Korean city of Daegu hosted the 2011 IAAF World Championships in Athletics.
The South Korean government blamed North Korea for cyberattack incidents that occurred in 2009, 2011 and 2012.
On March 15, 2012, the Republic of Korea-United States Free Trade Agreement went into effect.
At the 2012 Summer Olympics, South Korea won the bronze medal for football.
Government policy, along with a rebound in marriages delayed by COVID-19, may account for the Korean birth rate increasing in late 2024; total births in the third quarter were up 8% from the same period last year, marking the largest quarterly increase since the third quarter of 2012.
In 2012, K-pop began to make its mark outside of Continental and East Asia following the unexpected success of singer Psy's international music sensation, "Gangnam Style", which topped global music charts.
In 2012, South Korea elected Park Geun-hye as its first female president.
In 2012, the renewable portfolio standard program ran from 2012 to 2022. Also, around 350 residential micro combined heat and power units were installed.
In a 2012 survey, 52% of South Koreans declared themselves "religious", 31% said they were "not religious", and 15% identified as "convinced atheists".
The South Korean government blamed North Korea for cyberattack incidents that occurred in 2009, 2011 and 2012.
The launch of Naro-1 in January 2013 was a success, after two previous failed attempts.
Following cyberattacks in the first half of 2013, the South Korean national government committed to the training of 5,000 new cybersecurity experts by 2017.
In 2013, total spending for research and development grew to about 3.9% of gross domestic product (GDP).
In February 2010, plans of creating English-teaching robot assistants to compensate for the shortage of teachers were announced, with the robots being deployed to most preschools and kindergartens by 2013.
The EU enjoyed an annual average growth rate of 9.8% in its trade with South Korea between 2003 and 2013.
The Korean Grand Prix, which started in 2010, was held until 2013.
A 2014 Euromonitor study found that South Koreans drink the most alcohol on a weekly basis compared to the rest of the world, consuming 13.7 shots of liquor per week on average.
From 2014 to 2019, South Korea ranked first among the most innovative countries in the Bloomberg Innovation Index.
In 2014, South Korea was the fifth-largest exporter and seventh-largest importer in the world.
Government policy, along with a rebound in marriages delayed by COVID-19, may account for the Korean birth rate increasing in late 2024; total births in the third quarter were up 8% from the same period last year, marking the largest quarterly increase since the third quarter of 2012 and the first annual rise in total fertility since 2015.
In 2015, EU trade with South Korea exceeded €90 billion.
In 2015, South Korea signed a Free Trade Agreement with New Zealand.
In 2015, South Korea spent 5.1% of its GDP on all levels of education, roughly 0.8 percentage points above the OECD average.
Overall, between 2015 and 2024, there has been a slight rise in Christianity (from 27.6% to 31%), a slow rise in Buddhism (from 15.5% to 17%), and a decline in the unaffiliated population (from 56.9% to 51%).
In November 2016, a series of nationwide public demonstrations began in response to allegations of corruption involving President Park Geun-hye.
In 2016, Ban Ki-moon's term as UN Secretary-General ended.
In 2016, Incheon International Airport served 58 million passengers. Also in 2016, Korean Air served over 26 million passengers, including almost 19 million international passengers.
In 2016, South Korea had 1.4 million foreign residents, roughly 2.75 percent of the population.
In 2016, the United States received $66 billion in exports from South Korea, making it South Korea's second largest trading partner.
On May 10, 2017, Moon Jae-in of the Democratic Party took office as president of South Korea.
Following cyberattacks in 2013, the South Korean government committed to the training of 5,000 new cybersecurity experts by 2017.
In 2017, South Korea was the world's seventh largest emitter of carbon emissions and the fifth largest emitter per capita.
In 2017, South Korea's fertility rate dropped to a new global low, with fewer than 30,000 births per month.
A summit between the nations' leaders was eventually held on February 9, 2018, during the Korean held Winter Olympics.
In April 2018, Park Geun-hye was sentenced to 24 years in jail and convicted of abuse of power and corruption.
As of May 2018, population data does not include population in territory controlled by North Korea.
On June 28, 2018, the South Korean Constitutional Court ruled the Military Service Act unconstitutional and ordered the government to accommodate civilian forms of military service for conscientious objectors.
On November 1, 2018, the South Korean Supreme Court legalized conscientious objection as a basis for rejecting compulsory military service.
Pyeongchang hosted the 2018 Winter Olympics.
From 2014 to 2019, South Korea ranked first among the most innovative countries in the Bloomberg Innovation Index.
In 2019, Parasite, directed by Bong Joon-ho, became the highest-grossing film in South Korea as well as the first non-English language film to win Best Picture at the United States-based Academy Awards.
In 2019, South Korea had a Forest Landscape Integrity Index mean score of 6.02/10, ranking it 87th globally out of 172 countries.
In 2019, more than 17 million foreign tourists visited South Korea.
In 2020, South Korea recorded more deaths than births, resulting in the first population decrease since modern records began.
Since late 2020, SK Bioscience Inc. has been producing the Vaxzevria vaccine, also known as COVID-19 Vaccine AstraZeneca, under license for worldwide distribution.
On October 21, 2021, the KSLV-2 Nuri was successfully launched, making South Korea a country with indigenous orbital launch capability.
According to the Health Care Index ranking, South Korea has the world's best healthcare system as of 2021.
In 2021, the fertility rate in South Korea stood at just 0.81 children per woman, well below the replacement rate.
In 2021, the survival drama Squid Game, created by Hwang Dong-hyuk, received critical acclaim and widespread international attention upon its release, becoming Netflix's most-watched series at launch and garnering a viewership of more than 142 million households during its first four weeks from launch.
In March 2022, Yoon Suk Yeol of the People Power Party won the election over Lee Jae-myung of the Democratic Party.
On May 10, 2022, Yoon Suk Yeol was sworn in as president after winning the election.
In 2022, South Korea had an estimated population of roughly 51.7 million.
In 2022, South Korea's population density was estimated at 514.6 per square kilometre (1,333/sq mi).
In 2022, The Economist Democracy Index classified South Korea as a "full democracy", ranking it 24th out of 167 countries.
In 2022, an agreement with Novavax expanded SK Bioscience's vaccine production to 40 million doses, with a $450 million investment in facilities.
In 2022, the Korea Republic national team broke out of the group stage in the World Cup.
In 2022, the ROK Armed Forces reported a personnel strength of 3,600,000, with 500,000 active and 3,100,000 reserve members.
In 2022, total spending for research and development grew to more than 4.9% of gross domestic product (GDP).
The renewable portfolio standard program, which used renewable energy certificates, ended in 2022.
In October 2023, South Korea and Britain agreed to extend a period of low or zero tariffs on bilateral trade of products with parts from the European Union.
As of November 2023, South Korea had an all-time high of 2.46 million foreign residents, accounting for nearly 5 percent of the total population.
As of 2023, According to the V-Dem Democracy indices South Korea is the 3rd most electoral democratic country in Asia.
In 2023 the government announced a spending cut by about 11% for 2024 and the intention to shift resources to new initiatives, such as efforts to build rockets, pursue biomedical research, and develop US-style biotech innovation.
In 2023, South Korea ranked 6th in the world for life expectancy at 83.5 years.
In 2023, South Korea recorded the lowest fertility rate in the world at 0.72 children per woman.
In 2023, the number of foreigners who had acquired Korean nationality was 234,506, an increase of 4.8 percent from the prior year.
In January 2024, North Korea abandoned peaceful reunification plans and labeled South Korea as the most hostile country to North Korea.
In May 2024, a new ministry was created in South Korea dedicated to reversing the declining birth rate and addressing related issues.
Data released in January 2025 show the number of births in November 2024 was 20,095, a 14.6% increase year-on-year, the highest growth rate since November 2010 (which recorded a 17.5% increase), and the third consecutive month of double-digit growth, following September's 10.1% and October's 13.4%.
On December 3, 2024, President Yoon Suk Yeol declared martial law, accusing the opposition of being pro-North Korean and conducting anti-state activities.
On December 14, 2024, President Yoon Suk Yeol was impeached following his declaration of martial law.
According to the 2024 results of the Korea Research's regular survey 'Public Opinion Within Public Opinion', more than half of the South Korean population (51%) declared themselves not affiliated with any religious organizations.
As of 2024, South Korea has 24 UNESCO Intangible Cultural Heritages of Humanity, along with 16 World Heritage Sites.
In 2023 the government announced a spending cut by about 11% for 2024 and the intention to shift resources to new initiatives, such as efforts to build rockets, pursue biomedical research, and develop US-style biotech innovation.
In 2024, South Korea's life expectancy was 83.53 years, the fifth highest in the world.
Data was released in January 2025 that showed the number of births in November 2024 was 20,095, a 14.6% increase year-on-year.
On April 4, 2025, Yoon Suk Yeol was unanimously removed from office following his impeachment.
On June 4, 2025, Lee Jae-myung won the election to succeed Yoon and immediately took office as president.
By 2025, the proportion of people aged 65 years and over in South Korea is slated to reach over 20%.
In 2025, South Korea was ranked 4th in the Global Innovation Index.
By 2050, the proportion of people aged 65 years and over in South Korea is expected to be close to 45%.
President Moon Jae-in pledged to reduce greenhouse gas emissions to zero in 2050.
South Korea's population is projected to decline to 36 million by 2072.
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