Summary
Seoul metropolitan area (also referred to as Seoul capital city area) or Seoul metropolitan region is the most densely populated region in South Korea. Seoul is a key financial and economic hub of South Korea accounting for around 49.0% 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. Improvements in professional / business services and real estate are expected to be major drivers of growth.
Key Findings
• 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 2015. Leisure tourism stands a contributor to the tourism sector. Strong performance is observed in the construction sector with increasing employment, number of building permits issued and building completions.
Synopsis
“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. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
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
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 MarketLine
Disclaimer
List of Tables
Table 1: Seoul metropolitan region - key facts (estimates), 2015
Table 2: Seoul metropolitan region - real GDP and real GDP growth, 2000-25
Table 3: Seoul metropolitan region - economic growth (index 2010=100), 2000-25
Table 4: Seoul metropolitan region - GDP per capita comparison, 2000-25 ($)
Table 5: Seoul metropolitan region - employment structure, 2000-25 (% of total)
Table 6: Seoul - main universities 2015
Table 7: Seoul metropolitan region - population comparison, 2000-25 (in Million)
Table 8: Seoul metropolitan region - population by age, 2000-25 (in Million)
Table 9: Seoul - mass transit network indicators, 2015
Table 10: Seoul - key airport indicators, 2015
Table 11: Seoul city - Fortune Global 500 companies with main HQ in the city, 2015
Table 12: Seoul city - office rents, Q4 2015
Table 13: Seoul city - international arrivals by country of residence, 2015
Table 11: International visitors to Seoul city by purpose, 2012-2015
Table 11: Seoul city - international and domestic tourists indicators, 2012-2015
Table 14: Seoul - UNESCO World Heritage Sites
Table 15: Seoul - MICE and other events
List of Figures
Figure 1: Seoul metropolitan region - real GDP and real GDP growth, 2000-25
Figure 2: Seoul metropolitan region - economic growth (index 2010=100), 2000-25
Figure 3: Seoul metropolitan region - GDP per capita comparison, 2000-25
Figure 4: Seoul metropolitan region - employment structure, 2000-25 (% of total)
Figure 5: Seoul metropolitan region - population comparison, 2000-25
Figure 6: Seoul metropolitan region - population by age, 2000-25
