Statistics Korea

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Title	Preliminary Results of the Survey of Business Activities in 2016
Date	2017-12-21
□ Status of enterprises* □ In 2016, the annual sales of enterprises increased by 0.3 percent to 177.8 billion won per enterprise. □ Enterprises with overseas subsidiaries* recorded 2,814 entities. The number of overseas subsidiaries marked 8,125 entities, down 1.0 percent from 2015. □ In 2016, 73.5 percent of enterprises outsourced their business, up 0.4%p from 2015. This percentage changed to an increase from a decreasing trend during the 2011-2015 period. □ In 2016, enterprises starting a new business amounted to 239 entities. Among them, 81 enterprises started a new business in industry 4.0 (97 types of industry 4.0). □ In 2016, 82.2 percent of enterprises introduced and operated a performance-based compensation system (annual salary and bonus system), up 0.9%p from 2015. This percentage changed to an increase from a decreasing trend during the 2011-2015 period. ※ For more information, refer to the attached file.
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