Movie industry sales revenue in South Korea 2014-2023
In 2023, the movie industry's sales revenue in South Korea amounted to approximately 1.3 trillion South Korean won. That year, movie production in South Korea resulted in a total of 787 released movies.
The success of Parasite
The South Korean movie industry is regaining attention from audiences all around the world. In the beginning of 2020, the movie "Parasite" by Bong Joon-ho won four Academy Awards, including Best Picture. "Parasite" was the first non-English movie to win the Academy Award for Best Picture. The movie was especially successful in Japan, France, and the United Kingdom.
Hallyu
The term hallyu, literally meaning the Korean wave, refers to the popularity and success of South Korean culture around the world. While the current focus is mostly on K-pop and Korean dramas, the movie industry has been an integral part of the movement from early on. According to a government survey conducted in 2022, around 39 percent of respondents stated that they perceived South Korean movies to be “very popular” in their country.
The success of Parasite
The South Korean movie industry is regaining attention from audiences all around the world. In the beginning of 2020, the movie "Parasite" by Bong Joon-ho won four Academy Awards, including Best Picture. "Parasite" was the first non-English movie to win the Academy Award for Best Picture. The movie was especially successful in Japan, France, and the United Kingdom.
Hallyu
The term hallyu, literally meaning the Korean wave, refers to the popularity and success of South Korean culture around the world. While the current focus is mostly on K-pop and Korean dramas, the movie industry has been an integral part of the movement from early on. According to a government survey conducted in 2022, around 39 percent of respondents stated that they perceived South Korean movies to be “very popular” in their country.
