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Status of Korean SMEs
Trend of Business Start-ups
(Unit : No. of Firms, As of 2023)
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| '11 | '12 | '13 | '14 | '15 | '16 | |
|---|---|---|---|---|---|---|
| Acquisition of New Corporations | 65,110 | 74,162 | 75,574 | 84,697 | 93,768 | 96,155 |
| Manufacturing | 15,557 | 17,733 | 18,721 | 19,509 | 20,155 | 19,037 |
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| '17 | '18 | '19 | '20 | '21 | '22 | '23 | |
|---|---|---|---|---|---|---|---|
| Acquisition of New Corporations | 98,330 | 102,042 | 1,285,259 | 1,484,667 | 1,417,973 | 1,317,479 | 1,238,617 |
| Manufacturing | 20,629 | 18,954 | 52,317 | 49,928 | 47,989 | 41,595 | 37,280 |
Source : MSS
※ Due to the changes in the way statistics are compiled since 2019, it is difficult to simply compare to the figures before 2018.(2011~2018 : only incorporated companies, 2019~ : both incorporated companies and individual proprietorships)
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.
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No. of Enterprises
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Employment
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Export
Employment by Business Size
Added Value by Business Size
(As of 2023)