| Characteristic | Number of SMEs in millions |
|---|---|
| - | - |
| - | - |
| - | - |
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Release date
September 2023
Region
South Korea
Survey time period
2019 to 2021
Supplementary notes
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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