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 South Korean won or less are defined as SMEs.
Figures have been rounded.
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Number of SMEs South Korea 2022, by business structure
In 2022, there were over *** small and medium-sized enterprises (SMEs) registered as sole proprietorships in South Korea, while just over * SMEs were corporations. The total number of SMEs in South Korea stood at over *** that year.
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Ministry of SMEs and Startups. (August 29, 2024). Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1333377/south-korea-number-of-smes-by-business-structure/
Ministry of SMEs and Startups. "Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s)." Chart. August 29, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1333377/south-korea-number-of-smes-by-business-structure/
Ministry of SMEs and Startups. (2024). Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1333377/south-korea-number-of-smes-by-business-structure/
Ministry of SMEs and Startups. "Number of Small and Medium-sized Enterprises (Smes) in South Korea in 2022, by Business Structure (in 1,000s)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Aug 2024, /statistics/1333377/south-korea-number-of-smes-by-business-structure/
Ministry of SMEs and Startups, Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s) ÌÇÐÄÆƽâ°æ, /statistics/1333377/south-korea-number-of-smes-by-business-structure/ (last visited July 31, 2026)
Number of small and medium-sized enterprises (SMEs) in South Korea in 2022, by business structure (in 1,000s) [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: /statistics/1333377/south-korea-number-of-smes-by-business-structure/
