MobileMenu

Global Inspiration GyeongGi-Do

X

We are proud of all we have to offer our residents.Here, you can find information on working in Korea, medical care and living information

Meet the past and the future of Gyeonggi-do.You will discover the arts and culture unique to Gyeonggi-do.

Whether you run a small business ormajor corporation, Gyeonggi-do provides the businessenvironment and support your companyneeds to succeed and grow.​​

Obtain a wide range of useful information on Gyeonggi-do here.

Come visit the attractive cities of Gyeonggi-do and enjoy an extensive range of attractions.

ECONOMY


go home button icon

As of 2017, Gyeonggi Province has the highest GRDP among all provinces and cities in the Republic of Korea. It has also experienced the fastest annual GRDP growth rate relative to Seoul and other Korean regions.

GRDP of Korean Provinces and Major Cities

GRDP Status In 2017 Table
Province/CityUnit: KRWUnit: USD 100 million
Gyeonggi Province451,4263,793
Seoul404,0793,396
Chungcheongnam Province115,.557971
Gyeongsangbuk Province110,027925
Gyeongsangnam Province109,492920
Incheon88,547744
Busan87,835738
Ulsan75,750637
Jeollanam Province73,732620
Chungcheongbuk Province65,312549
Daegu54,832461
Jeollabuk Province49,348415
Gangwon Province45.511382
Daejeon40.537341
Gwangju37.743317
Jeju19.981168
Sejong10.63289
National average1,840.34815,465

Annual GDRP Growth Rate (base year price: 2017)

GRDP Growth Rate by Year (Price in Base Year) Table
By YearGyeonggi-doSeoulNationwide
20114.33.23.6
20124.51.42.3
20135.71.63.1
20144.51.53.1
20155.52.92.8
20164.72.82.9
20176.62.33.1

Base year price – unit %

Gyeonggi-do:
Center Of The Korean Economy

Gyeonggi-do: Center of the Korean Economy

Gyeonggi-do includes the West Coast of Korea, an area whose importance is increasing with the expansion of the Northeast Asian economies. In addition, over one quarter of all Korea’s small and medium-sized companies are situated in Gyeonggi-do.
Among these, the high-tech industry has a particularly high level of importance, placing Gyeonggi-do at the heart of the Korean economy. Gyeonggi-do has devoted itself to attracting foreign investment. It is recognized as the premier investment destination in Korea, supporting the acclaim that foreign companies have accorded given to the considerable potential of Gyeonggi-do.

Northeast Asia’s Logistics Hub

Northeast Asia's Logistics Hub

Gyeonggi-do also offers immediate access to Incheon International Airport, Incheon Port and Pyeongtaek Port, which equip the region with the comprehensive infrastructure of a highly efficient logistics center.
Incheon International Airport, recognized as the best airport in the world by Airports Council Internationl, serves the Seoul-Gyeonggi metropolitan area with daily connections to and from the major cities of Europe, North America, Australasia, Southeast Asia and the Middle East. Its central location also makes itself a convenient hub for Northeast Asia. Once at Incheon International Airport, transit passengers are within a two-hour flight from Vladivostok to the north, Taipei to the south, Beijing and Shanghai to the west, and Tokyo and Osaka to the east. Passengers disembarking at Incheon International Airport can take advantage of the comfortable and economical coach services to quickly reach any of more than 50 destinations in the Seoul-Gyeonggi area.

question iconAre you satisfied with the service provided on the current page?
Very Satisfied
Satisfied
Neutral
Dissatisfied
Very Dissatisfied
Person in charge of content : Gyeonggi-do Provincial Office
Content may be re-used/re-distributed only if the original source is appropriately credited,
and may not be modified and/or used for commercial purposes.
cc
mobile global navigation menu close button