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Status of Korean SMEs

Status of Korean SMEs

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.

  • 99.0%

    No. of Enterprises

  • 83.0%

    Employment

  • 34.0%

    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

Added Value by Business Size

LE & HPE : 62.2%, SME : 37.8%

(As of 2023)