Business Demography Statistics

Survey Outline > Corporate Business > Business Demography Statistics

To identify and analyze a life cycle and job creation effect of an enterprise such as the creation, closure, survival rates and (high) growth of a company over time by using the government's administrative data

(Corporation) Definition of a company headquarter excluding subsidiaries
(Individual enterprise) Definition of an individual who has a business registration number

Dec. 2012: Approved the production of statistics
Dec. 2012: Published the first survey results (as a result of developing the administrative statistics on business demography )
Dec. 2013: Revision approved
- (Added) Survival rates of new enterprises on a yearly basis
- (Sub division) Sub divided industry classification [12 industrial sections → 77 industrial divisions]
- (Sub division) Sub divided items by employment size
Dec. 2014: Revision approved
- (Added) the number of companies by sales volume, the number of employees by employment size
- (Sub division) Main classification of the manufacturing industry (24 industrial divisions) → Sub classification (81 industrial groups)
- (Modification) Change in a way to mark survival rates

The statistics is calculated based on administration data (business registration, value added tax, etc.) and thus may be different from statistics obtained through a survey.
Data was collected from commercial enterprises which have sales amounts and regular workers (excluding non-paid, daily or temporary workers) in a survey year, excluding non profit organizations.
The number of employees includes not only regular employees, but also employers.
As for incorporated enterprise, subsidiaries are subjected to headquarter for statistics calculation. But, in case of a single individual's multiple business registration, each business registration is regarded as being each different enterprise.

Press release, KOSIS (https://kosis.kr), Statistics Korea website (https://kostat.go.kr)