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Seoul, emerging as the Northeast Asia’s business hub

Seoul, the capital of Korea, is rising rapidly as the Northeast Asia’s business hub. It is geographically situated between Asia’s two largest economic powers including China and Japan. Although Seoul takes up a mere 0.6 percent of Korea’s territory, it accounts for 21 percent of Korea’s total GDP with more than 50 percent of financial-related industries accumulated.

  • Population9,668,465
  • Key IndustriesArtificial Intelligence (AI), Fintech, IT convergence engineering
  • Number of Companies823,416
  • Employees5,224,805
  • Amount of Production(unit: one billion dollars)353.6