Small and medium-sized enterprises (SMEs) are for-profit businesses whose total assets do not exceed 500 billion South Korean won and which meet the criterion of independence (not a subsidiary of a large enterprise). Depending on the type of business, companies with average three-year sales of 40 billion South Korean won or less to 150 billion or less are defined as SMEs.
Large enterprises are companies that are not small and medium-sized enterprises, such as large business groups that are subject to cross-shareholding restrictions.
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Share of employees South Korea 2022, by size of enterprise
In 2022, employees working at small and medium-sized enterprises (SMEs) accounted for almost ** percent of total employment in South Korea. Employment in large companies, such as business conglomerates, accounted for about ** percent.
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Ministry of SMEs and Startups. (August 29, 2024). Share of employees working at enterprises in South Korea in 2022, by size of enterprise [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
Ministry of SMEs and Startups. "Share of employees working at enterprises in South Korea in 2022, by size of enterprise." Chart. August 29, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
Ministry of SMEs and Startups. (2024). Share of employees working at enterprises in South Korea in 2022, by size of enterprise. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
Ministry of SMEs and Startups. "Share of Employees Working at Enterprises in South Korea in 2022, by Size of Enterprise." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Aug 2024, /statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
Ministry of SMEs and Startups, Share of employees working at enterprises in South Korea in 2022, by size of enterprise ÌÇÐÄÆƽâ°æ, /statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/ (last visited August 01, 2026)
Share of employees working at enterprises in South Korea in 2022, by size of enterprise [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: /statistics/1314648/south-korea-share-of-employees-at-enterprises-by-size/
