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PEST Analysis: South Korea

June 2021

South Korea enjoys economic freedom. However, its volatile northern neighbour has a destabilising effect, although relations are improving. Solid handling of the Coronavirus (COVID-19) pandemic could result in the economy to rebound, whilst a major trade deal could boost exports. The society is ageing rapidly and poverty amongst the elderly is high. Nevertheless, rising incomes should support discretionary spending. As a highly technologically-advanced nation, innovation capacity is significant.

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Overview:

Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Industry, Infrastructure and Environment industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Industry, Infrastructure and Environment in South Korea report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: South Korea

PEST ANALYSIS

Chart 1 Main PEST Points in South Korea

POLITICAL ENVIRONMENT

Chart 2 Political Environment Dynamics in South Korea Summary 1 Political Environment Analysis in South Korea

ECONOMIC ENVIRONMENT

Chart 3 Economic Environment Dynamics in South Korea Summary 2 Economic Environment Analysis in South Korea

SOCIAL ENVIRONMENT

Chart 4 Social Environment Dynamics in South Korea Summary 3 Social Environment Analysis in South Korea

TECHNOLOGICAL ENVIRONMENT

Chart 5 Technological Environment Dynamics in South Korea Summary 4 Technological Environment Analysis in South Korea
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Why buy this report?

  • Analyse growth opportunities and assess market potential
  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making

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