Small and medium-sized enterprises (SMEs) are for-profit businesses whose total assets do not exceed 500 billion South Korean won and which meet the criterion of independence (not a subsidiary of a large enterprise). Depending on the type of business, companies with average three-year sales of 40 billion South Korean won or less to 150 billion South Korean won or less are defined as SMEs.
Figures have been rounded.
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Number of people employed by SMEs South Korea 2022, by industry
In 2022, there were about **** million people employed in small and medium-sized enterprises (SMEs) operating in the wholesale and retail trade sector in South Korea. The total number of employees in SMEs amounted to about ***** million that year.
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Ministry of SMEs and Startups. (August 29, 2024). Number of people employed by small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s) [Graph]. In Statista. Retrieved May 08, 2026, from https://www.statista.com/statistics/1333140/south-korea-sme-employment-by-industry/
Ministry of SMEs and Startups. "Number of people employed by small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s)." Chart. August 29, 2024. Statista. Accessed May 08, 2026. https://www.statista.com/statistics/1333140/south-korea-sme-employment-by-industry/
Ministry of SMEs and Startups. (2024). Number of people employed by small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s). Statista. Statista Inc.. Accessed: May 08, 2026. https://www.statista.com/statistics/1333140/south-korea-sme-employment-by-industry/
Ministry of SMEs and Startups. "Number of People Employed by Small and Medium-sized Enterprises (Smes) in South Korea in 2022, by Industry (in 1,000s)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1333140/south-korea-sme-employment-by-industry/
Ministry of SMEs and Startups, Number of people employed by small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s) Statista, https://www.statista.com/statistics/1333140/south-korea-sme-employment-by-industry/ (last visited May 08, 2026)
Number of people employed by small and medium-sized enterprises (SMEs) in South Korea in 2022, by industry (in 1,000s) [Graph], Ministry of SMEs and Startups, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1333140/south-korea-sme-employment-by-industry/