Medium-sized enterprises are small and medium-sized enterprises (SMEs) that are not classified as small enterprises.
Small enterprises are SMEs with three-year average sales of one billion South Korean won or less to 12 billion or less.
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.
Figures have been rounded.
Citation formats
Number of medium-sized enterprises South Korea 2019-2022
In 2022, there were about * thousand medium-sized enterprises in South Korea, up from about * thousand in the previous year. The total number of small and medium-sized enterprises (SMEs) in South Korea stood at over eight million that year.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
Ministry of SMEs and Startups. (August 29, 2024). Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1333105/south-korea-number-of-medium-sized-enterprises/
Ministry of SMEs and Startups. "Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s)." Chart. August 29, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1333105/south-korea-number-of-medium-sized-enterprises/
Ministry of SMEs and Startups. (2024). Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1333105/south-korea-number-of-medium-sized-enterprises/
Ministry of SMEs and Startups. "Number of Medium-sized Enterprises in South Korea from 2019 to 2022 (in 1,000s)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 29 Aug 2024, /statistics/1333105/south-korea-number-of-medium-sized-enterprises/
Ministry of SMEs and Startups, Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s) ÌÇÐÄÆÆ½â°æ, /statistics/1333105/south-korea-number-of-medium-sized-enterprises/ (last visited July 26, 2026)
Number of medium-sized enterprises in South Korea from 2019 to 2022 (in 1,000s) [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: /statistics/1333105/south-korea-number-of-medium-sized-enterprises/