Digital payments are a popular choice in South Korea, where almost two-thirds of the population pay with mobile wallets. In fact, it is one of the world’s leading markets when it comes to digital wallet usage
Population
Banked Population:
Main industries
Electronics, Automobiles, Telecommunications, Shipbuilding, Chemicals, and Steel
Main imports
Refined & Crude Petroleum, Petroleum Gas, Integrated Circuits, and Cars
Main exports
Integrated Circuits, Cars, Refined Petroleum, Passenger and Cargo Ships, and Motor Vehicles (parts and accessories)
$34,997.8
Per capita (USD)
4.1%
Growth annually
12
World ranking
Total volume of digital payments projected to reach
$190.40B (USD)
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