“City Profile - Seoul” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Seoul.
Seoul is the capital and most populous city of the Republic of Korea (ROK). Seoul is a key financial and economic hub of South Korea accounting for around 23.0% of the national GDP. Seoul has evolved from a commercial and industrial center into an economic center, due to rapid growth in the tertiary sector, such as finance and insurance, trade, transport, communications and real estate. Seoul Special City Region’s economy shrank for the first time in last two decades in 2020, sluggish local main industries, service industry jobs and decline in private consumption and investment due to the coronavirus pandemic.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Seoul is the capital and most populous city of the Republic of Korea (ROK). Seoul is a key financial and economic hub of South Korea accounting for around 23.0% of the national GDP. Seoul has evolved from a commercial and industrial center into an economic center, due to rapid growth in the tertiary sector, such as finance and insurance, trade, transport, communications and real estate. Seoul Special City Region’s economy shrank for the first time in last two decades in 2020, sluggish local main industries, service industry jobs and decline in private consumption and investment due to the coronavirus pandemic.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Scope
- The Industry and service sectors remain the key contributor to the regional economy - and the major employers.
- Seoul is a key tourist destination for both domestic and international tourists and witnessed a significant growth in 2019. Leisure tourism stands a contributor to the tourism sector. However, the tourism sector in South Korea declined in 2020, owing to the outbreak of coronavirus, as the government has undertaken various measures, including closure of all attraction sites and cancellation or postponement of all events and festivals.
Reasons to Buy
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
Table of Contents
- City Snapshot
- PEST Analysis
- Political
- Economic
- Social
- Technology and Infrastructure
- Communications
- Internal Transport Networks
- Connectivity
- Airports
- Ports
- Business Environment Analysis
- Travel and Tourism
- Tourism Flows
- Hotels
- Attractions
- Events
- Construction and Real Estate
- Investment
- Real Estate Market
- Retail
- Retail Market
- Consumption, Income and Prices
- Appendix
- Sources
- Further Reading
- Ask the analyst
- About The Publisher
- Disclaimer
List of Tables
Table 1: Seoul Special City Region - key facts (estimates), 2020
Table 2: Seoul Special City Region - real GDP and real GDP growth, 2000-25
Table 3: Seoul Special City Region - economic growth comparison (Index 2010=100), 2000-25
Table 4: Seoul Special City Region - GDP per capita comparison, 2000-25 (US$)
Table 5: Seoul Special City Region - employment structure, 2000-25 (% of total)
Table 6: Seoul city - main universities, 2021
Table 7: Seoul Special City Region - population comparison, 2000-25 (million)
Table 8: Seoul Special City Region - population by age, 2000-25 (% of total)
Table 9: Seoul city - mass transit network indicators, 2020
Table 10: Seoul city - Incheon International Airport, key airport indicators, 2016-2021*
Table 11: Seoul city - Gimpo International Airport, key airport indicators, 2016-2021*
Table 12: Seoul city - office rents, Q1 2021
Table 13: South Korea - international arrivals by country of residence, 2019-20 (number)
Table 14: Seoul city - UNESCO World Heritage Sites
Table 15: Seoul city - MICE and other events
List of Figures
Figure 1: Seoul Special City Region - real GDP and real GDP growth, 2000-25
Figure 2: Seoul Special City Region - economic growth comparison (Index 2010=100), 2000-25
Figure 3: Seoul Special City Region - GDP per capita comparison, 2000-25
Figure 4: Seoul Special City Region - employment structure, 2000-25 (% of total)
Figure 5: Seoul Special City Region - population comparison, 2000-25
Figure 6: Seoul Special City Region - population by age, 2000-25 (% of total)
