SMEs play an important role in Korean Economy. According to business statistics, SMEs take up ninety-nine percent of number of enterprises, eighty-three percent of total employment, thirty-four percent of export.
Status of Korean SMEs
No. of Enterprises
Employment
Export
Employment by Business Size
![Small-sized Enterprises : 21% / 4.28 million, Micro-Enterprises : 43% / 8.97 million, LE & HPE : 17% / 3.49 million, Medium-sized Enterprises : 19% / 3.86 million](/images/np/eng/N_employment-dia.jpg)
Added Value by Business Size
![LE & HPE : 62.2%, SME : 37.8%](/images/np/eng/N_Added-dia.jpg)
(As of 2023)