As the capital of the Republic of Korea, Seoul is the center of the nation's economy and financial, logistical
and business infrastructure. This means that Seoul is also where most of Korea’s outstanding human
resources are concentrated
The geographical area of the Seoul metropolitan is 605.41km2. Administratively, this is divided into 25 selfgoverning
municipalities, or gu, which are further divided into a total of 522 districts, called dong.
Among Seoul's population of 10.28 million, 110,000 are foreign nationals, most of whom are from the US,
China and Japan. As shown in the following table, Seoul’s foreign residents are widely dispersed throughout
the city.
As of the end of 2003, Seoul's GRDP was US$ 146.53 billion, or 24.1% of the national GDP of US$ 608
billion. When the city’s metropolitan areas are included, the figure increases to US$ 293 billion, or 48.2% of
the nation's GDP.
In terms of the industrial sector, the relative portions of the finance, real estate, telecommunications,
wholesale and retail industries in Seoul are higher compared to the national average for other regions.
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Exports by Seoul in 2004 stood at US$ 29.924 billion, 11.7% of the nation's total, while imports were at
US$ 48.382 billion, 21.5% of the national total. These figures also represent a 7.8% and a 15.3% increase
over the previous year in exports and imports, respectively
The major export items for 2004 were electrical and electronic products, indicating the country's ICT
industry growth, as well as growth in textiles and machinery. Electrical and electronic products, machinery
and petrochemicals were the main import items.
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1996-2007 SEOUL METROPOLITAN GOVERNMENT. ALL RIGHTS RESERVED.
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