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The South Korean economy will probably witness significant growth over the next five years and grow to $1.72 trillion by 2018 at the current price. The service sector of South Korea is the major driver for growth of the economy. Industries in service sector transport, storage and communication, real estate, and financial intermediary are driving the growth. Service sector will probably expand in the coming years.

Lucintel, a leading global Management Consulting and market research firm, performed a Political, Economic, Sociological, Technological, Legal, and Environmental (PESTLE) analysis of South Korea and presents its findings in “PESTLE Analysis of South Korea 2013.”

The country has well-defined investment policies and support from government and industry associations encouraging free trade. Lucintel’s research indicates that there are enormous expansion opportunities for starting business unit in South Korea. Industries have huge opportunities in organized parts and material, auto parts, semiconductor, fine chemicals, ship building, retail sector, logistics, distribution and financial sector. Every business has their own procedures and legal formalities.

Lucintel’s report also elucidates the inherent dangers of doing business in South Korea. South Korea has optimally utilized globalization that benefitted its economy. On the other hand, the country’s economy will probably face many challenges in its quest to become a modern, harmonious, creative, and competitive economy. There is political stability but South Korea is engaged in territorial dispute with Japan over the Tokdo Island, which South Korea controls under the name Takeshima. There is also a dispute between North Korea and South Korea. Highly fluctuating exchange rate value of the Korean currency may also affect exports and imports of the country.

This report analyzes the impact of different macroeconomic indicators of the country on different industries. This also includes the impact of socio-political-demographical changes on different industries in the country. This report analyzes domestic and external economic trends, government policies, technological changes, and their impact on different industries. In the current economic scenario of the country Automobile, electronics, finance and insurance, accommodation, and food industry will probably be the most affected.

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of “PESTLE Analysis of South Korea 2013” include:
  • Trend and forecast for key macroeconomic variables that are useful to make major investment decision
  • Analysis on economic activity, investment environment, and trade structure of the country
  • Major industries in South Korea and its contribution to GPD
  • Trends in savings, investments, and consumptions
  • Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
  • Analyses on geographical importance and social structure such as labor quality
  • Strength, Weakness, Opportunity, and Threat (SWOT) analysis of South Korea
  • More than 21 figures/charts and 17 tables are provided in this roughly 65-page report
Benefits of a Lucintel Report:
Lucintel’s core competency is in market research and management consulting. In the last 14 years, Lucintel has worked on hundreds of market and economic research studies. Lucintel’s market reports offer the following benefits:
  • Enhance your global growth strategy with key economic and potential industry analysis
  • Fine-tune your business expansion planning and market development with analysis of domestic demand analysis and demographics structure analysis
  • Explore business opportunities with the analysis of leading industry, potential sector analysis and by understanding strength,  weakness, opportunity, and threat  of the country
  • Know the business environment of the country using report’s PESTLE analysis and their impact on industry. Also included is Foreign Direct Investment and Trade structure analysis.
 1. Executive Summary  
 
2. South Korea Political Analysis  
 2.1. Structure and Stability of Government  
 2.2. Government Policy Agenda  
 2.2.1. Political Agenda  
 
3. South Korea Economic Analysis  
 3.1. Sectoral Contribution to GDP and Real GDP Growth Rate  
 3.2. Pricing Trends-Inflation and Interest Rates  
 3.3. Consumption, Saving, and Investment Trends  
 3.4. International Trade and Its Contribution to GDP  
 3.5. Foreign Direct Investment by Industry  
 
4. South Korea Economic and Business Risk Analysis  
 4.1. Risk in Current Account Balance  
 4.2. Risk in Balance of Payment (BOP)  
 4.3. Risk in Foreign Exchange Reserves and Exchange Rate  
 4.4. Risk in External Sector  
 4.4.1. External Debt and Default Risk  
 4.5. Credit Rating of Countries  
 
5. South Korea Social Analysis  
 5.1. Social and Demographic Analysis  
 5.2. Labor Market  
 5.3. Social Development Index  
 
6. South Korea R&D and Technological Factors  
 6.1. R&D Expenditure in South Korea  
 6.2. Impact of Technology in Industry  
 6.3. Technology Policy  
 
7. South Korea Legal Analysis  
 7.1. Corporate Law  
 7.2. Tax Law  
 7.3. Recent Economic Policies  
 7.4. Doing Business in South Korea 2012  
 
8. South Korea Environment Analysis  
 8.1. Government Action on Environmental Issues  
 8.2. Environmental Policy  
 
9. South Korea SWOT Analysis  

List of Figures  
List of Tables  
Abbreviation and Technical Units  
Disclaimer  
Copyright  
 About Us

List of Figures

Chapter 3. South Korea Economic Analysis
Figure 3.1: Global economic scenarios
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Forecast of real GDP growth rate
Figure 3.4: Trend of per capita income
Figure 3.5: GDP sectoral contribution
Figure 3.6: Share of different sectors in GDP
Figure 3.7: Annual trend of inflation and interest rates
Figure 3.8: Trend of savings and investments as percentage of GDP
Figure 3.9: Trend of consumption expenditure as percentage of GDP
Figure 3.10: Trend of South Korea international trade
Figure 3.11: Trend of exports and imports as percentage of GDP
Figure 3.12: Foreign direct investment by industry

Chapter 4. South Korea Economic and Business Risk Analysis
Figure 4.1: Trend of current account balance and share in GDP
Figure 4.2: Terms of trade for South Korea
Figure 4.3: Trend of balance of payment
Figure 4.4: Trend of foreign exchange reserves and exchange rate

Chapter 5. South Korea Social Analysis
Figure 5.1: Geographical location of South Korea
Figure 5.2: Trend of population and population growth rate
Figure 5.3: Population age structure by 2018
Figure 5.4: Trend of unemployment rate in South Korea

Chapter 6. South Korea R&D and Technological Factor
Figure 6.1: Trend of R&D expenditure in South Korea


List of Tables

Chapter 1. Executive Summary
Table 1.1: Factors affecting business in South Korea

Chapter 2. South Korea Political Analysis
Table 2.1: Political factors and its impact on business

Chapter 3. South Korea Economic Analysis
Table 3.1: FDI limits by industry
Table 3.2: Economic factors and its impact on business

Chapter 4. South Korea Economic and Business Risk Analysis
Table 4.1: Credit rating of countries by Moody, Fitch, and S&P
Table 4.2: Business and economic risk factors and its impact

Chapter 5. South Korea Social Analysis
Table 5.1: Corruption, GINI, and human development index
Table 5.2: Social factors and its impact on business
Table 5.3: Technological factors and its impact on business
Table 5.4: Social factors and its impact on business

Chapter 6. South Korea R&D and Technological Factor
Table 6.1: Technological factors and its impact on business

Chapter 7. South Korea Legal Analysis
Table 7.1: South Korea corporate tax rates are
Table 7.2: Income tax slab of South Korea
Table 7.3: Indicators for starting-up business
Table 7.4: Ranking for procedures of starting-up a business
Table 7.5: Legal factors and its impact on business

Chapter 8. South Korea Environment Analysis
Table 8.1: Environmental factors and its impact on business
.

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Full Report: PESTLE Analysis of South Korea 2013, Full Report $ 750
More than 21 figures/charts and 17 tables are provided in this roughly 65-page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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