Korea, Rep has a population of 51 million people, and a land mass of 97 000 km2. Life expectancy is 82 years, and with a per capita GDP of USD 31846, the country is classified as a high income country. The country's GDP grew in 2019 with 2%, and totaled a nominal value of USD 1646.7 billion.
Korea, Rep is ranked at place n/a in the World Bank Doing Business Index, out of 190 countries in total. On Transparency International's corruption perception index, Korea, Rep is ranked at place 33, out of 180 countries in total.
Norwegian exports to Korea, Rep in 2020 were NOK 13.405 billion. The same year, Norway imported goods from Korea, Rep at a value of NOK10.004 billion.