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South Korea, formally the Republic of Korea, situated in East Asia, which including the southern part of the Korean Peninsula. The title Korea is derived from the ancient Kingdom of Goguryeo, sometimes called Kory?. Enormously urbanized at 92%, South Koreans lead an exclusive urban culture; half of of them reside in high-rises. South Korea's tiger economy soared at an annual common of 10% for over 30 years. South Korea is East Asia's most developed nation within the Human progress Index. It has the sector's eighth perfect median household sales, the absolute best in Asia, and South Korean singles in designated earn greater than all G7 international locations. Globally, it ranks particularly in personal safety, schooling, job protection, ease of doing business, healthcare excellent and existence expectancy.
South Korea occupies the southern component of the Korean Peninsula, which extends some 1,100 km from the Asian mainland. The country, together with all its islands, lies between latitudes 33° and 39°N, and longitudes 124° and 130°E. Its complete field is a 100,032 square kilometers. South Korea can be divided into four general regions: an eastern region of high mountain ranges and narrow coastal plains; a western region of broad coastal plains, river basins, and rolling hills; a southwestern region of mountains and valleys; and a southeastern region dominated by the broad basin of the Nakdong River. South Korea has total 20 national parks and most popular nature places like the Boseong Tea Fields, Suncheon Bay Ecological Park, and the first national park of Jirisan.
South Korea's market economy ranks thirteenth on the earth by each nominal and buying power parity GDP. It's a developed nation with an excessive-earnings economic system and is the most industrialized member country of the OECD. The South Korean economy is thoroughly dependent on international trade, and in 2014, South Korea was once the fifth major exporter and 7th largest importer in the world. The unemployment rate in South Korea also remained low.
South Korea has sent up 10 satellites from 1992, all making use of overseas rockets and abroad launch pads, mainly Arirang-1 in 1999, and Arirang-2 in 2006 as part of its space partnership with Russia. South Korea has sought the support of foreign nations similar to Russia by way of MTCR commitments to supplement its restricted domestic rocket science. With the support of various educational institutions around the world, the research work is growing in the country. The Hyundai study Institute stated that the Korean Wave has a right away have an impact on in encouraging direct foreign funding back into the country through demand for products, and the tourism industry. In 2005, Korea advanced Institute of Science and science (KAIST) developed the world's second walking humanoid robot, HUBO. Publications related to field of environmental science journals are increased in South Korea.Several leading Institution in the country including Universal Rocket Module, Korea Advanced Institute of Science and Technology (KAIST), Seoul National University, and others are spearheading the medical research.