Korea, Rep has a population of 50 million people, and a land mass of 97 000 km2. Life expectancy is 81 years, and with a per capita GDP of USD 29742, the country is classified as a high income country. The country's GDP grew in 2017 with 3.1%, and totaled a nominal value of USD 1530.7 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 51, out of 180 countries in total.
Norwegian exports to Korea, Rep in 2017 were NOK 8.293 billion. The same year, Norway imported goods from Korea, Rep at a value of 46.241 billion.