Introduction: South Korea is a country that has become one of the richest countries in Asia since its partition in 1948. The Republic of Korea was proclaimed in August 1948 and received support from the United States and UN support. after its invasion by the North in 1950. The Korean War ended in 1953 without a peace agreement, leaving South Korea technically at war for over fifty years. Production and income: Gross domestic product and national income: South Korea's GDP increased by 0.90% in the fourth quarter of 2013 compared to the previous quarter. South Korea's gross national product decreased to KRW 272,550.50 billion in the third quarter of 2013, from KRW 274,333.70 billion in the second quarter of 2013. World ranking: The highest FIFA ranking was 17 in December 1998. The lowest FIFA ranking was 62 in February 1996. The best player was 18 years old in July 2002. The worst player was 27 years old in July 2006. GDP per capita: it is $33,200 (in US dollars) in 2013 and country comparison with the world is 42. It was $32,400 in 2012 and $31,900 in 2013. 2011. World PPP is not quite high. Per capita income: Gross national income (GNI) per capita is $30,972 in 2012 and $29,864 in 2011. Growth slowed in late 2011, reflecting the deterioration of the global economy, but is expected to be around 3½ percent in 2012. As statistics show, this is a fairly high and competitive figure in the world. Country Classification: Newly Industrialized Economy: The terms "newly industrialized economies" (NIE) first appeared in the late 1970s to refer to a small group of developing countries that had managed not only to rapidly industrialize but also to increase their exports of artificial products. The second group of East Asian countries includes...... middle of paper ......oing-business-southkorea.html?highlight=YTozOntpOjA7czo1OiJzb3V0aCI7aToxO3M6NToia29yZWEiO2k6MjtzOjExOiJzb3V0aCBrb3JlYSI7fQ==4. http://www.oecd-ilibrary.org/economys/country-statistical-profile-korea_20752288-table-kor5. http://www.oecd.org/korea/economiquesurveyofkorea2012.htm6. http://www.tradingnomics.com/south-korea/gdp-growth7. http://www.tradingnomics.com/south-korea/gross-national-product8. http://www.fifa.com/associations/association=kor/ranking/gender=m/9. http://en.wikipedia.org/wiki/Music_of_Korea10. http://www.answers.com/topic/newly-industrializing-economies11. https://www.cia.gov/library/publications/the-world-factbook/fields/2048.html12. http://www.worldbank.org/en/news/press-release/2013/10/10/world-bank-group-open-new-offices-korea13. https://www.kdevelopedia.org/mnt/idas/asset/2013/03/28/DOC/PDF/04201303280125567070791.pdf