In 2022, there were about 2.1 million small and medium-sized enterprises (SMEs) operating in Gyeonggi Province in South Korea. The capital region, comprising Seoul, Incheon, and Gyeonggi, had an aggregate of over 4.2 million such enterprises. 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 province
(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 province (in 1,000s) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1332996/south-korea-number-of-smes-by-province/
Ministry of SMEs and Startups. "Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by province (in 1,000s)." Chart. August 29, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1332996/south-korea-number-of-smes-by-province/
Ministry of SMEs and Startups. (2024). Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by province (in 1,000s). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1332996/south-korea-number-of-smes-by-province/
Ministry of SMEs and Startups. "Number of Small and Medium-sized Enterprises (Smes) in South Korea in 2022, by Province (in 1,000s)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1332996/south-korea-number-of-smes-by-province/
Ministry of SMEs and Startups, Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by province (in 1,000s) Statista, https://www.statista.com/statistics/1332996/south-korea-number-of-smes-by-province/ (last visited November 22, 2024)
Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by province (in 1,000s) [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1332996/south-korea-number-of-smes-by-province/