City Profile – Seoul ; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.

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 21.8% 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.

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.

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 2018. Leisure tourism stands a contributor to the tourism sector. Strong performance is observed in the construction sector with increasing number of building permits issued and building completions.

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

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 MarketLine

Disclaimer

List of Tables

List of Tables

Table 1: Seoul city – key facts (estimates), 2018

Table 2: Seoul city – real GDP growth, 2000-25

Table 3: Seoul city – economic growth comparison (Index 2010=100), 2000-25

Table 4: Seoul city – GDP per capita comparison, 2000-25 (US$)

Table 5: Seoul city – employment structure, 2000-25 (% of total)

Table 6: Seoul city – main universities, 2018

Table 7: Seoul city – population comparison, 2000-25 (million)

Table 8: Seoul city – population by age, 2000-25 (% of total)

Table 9: Seoul city – mass transit network indicators, 2017

Table 10: Seoul city – Incheon International Airport , key airport indicators, 2016-18

Table 11: Seoul city – Gimpo International Airport , key airport indicators, 2016-18

Table 12: Seoul city – office rents, H1 2018

Table 13: Seoul city – Fortune Global 500 companies, 2018

Table 14: The Republic of Korea – international tourists based on country of origin, 2015-18

Table 15: The Republic of Korea – international tourists based on purpose of visit, 2015-18

Table 16: Seoul city – international tourists based on mode of entry, 2015-17

Table 17: Seoul city – number of hotels, 2015-17

Table 18: Seoul city – number of hotel rooms, 2015-17

Table 19: Seoul city – hotel indicators, 2016-17

Table 20: Seoul city – UNESCO World Heritage Sites

Table 21: Seoul city – MICE and other events

List of Figures

List of Figures

Figure 1: Seoul city – real GDP growth, 2000-25

Figure 2: Seoul city – economic growth comparison (Index 2010=100), 2000-25

Figure 3: Seoul city – GDP per capita comparison, 2000-25

Figure 4: Seoul city – employment structure, 2000-25 (% of total)

Figure 5: Seoul city – population comparison, 2000-25 (million)

Figure 6: Seoul city – population by age, 2000-25 (% of total)

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