Overview

Investment Environment in Gyeongsangnam-do

General Overview

  • Population

    3,340,470people

    ※ (6.3% of the national population)

  • Area

    10,542km²

    ※ (10.5% of the national area)

  • Administrative Divisions

    18cities and counties, 5administrative district, 305towns and villages

Regional Economy

Industrial Structure (as of 2022)

  • Manufacturing
  • 34.8%
  • Service Industry
  • 39.2%
  • Public Administration, National Defense, and Social Security Administration
  • 9%
  • Construction Industry
  • 4.6%
  • Agriculture, Forestry, and Fishing
  • 3.4%
  • Others
  • 9%

Gross Regional Domestic Product (as of 2022)

120 trillion 603 KRW, ranked 4th nationwide

Trade Balance (as of 2023)

161billion USD surplus

Ranked 5th among metropolitan governments

* National: 42.0 billion USD (6.6% of the national total)

Industrial Complexes (as of 2024)

209complexes 8 National Industrial Complexes 118 General Industrial Complexes

2 Advanced Industrial Complexes 81 Agricultural and Industrial Complexes

Industrial Infrastructure

  • Highways

    Gyeongbu, Namhae, Jungbu Inland, Tongyeong-Daejeon, Busan-Daegu, Gwangju-Daegu, Ulsan-Hamyang (under construction), Busan Outer Ring, etc.

  • High-speed Rail (KTX)

    Changwon Station, Changwon Jungang Station, Masan Station, Jinju Station, Miryang Station, Jinyeong Station (total 6 stations)

  • Ports and Airports

    Jinhae New Port, Masan Port, Samcheonpo Port, Gimhae International Airport, Sacheon Airport, etc.

  • Industrial Complexes

    8 National Industrial Complexes, 117 General Industrial Complexes, 1 Advanced Industrial Complexes, 81 Agricultural and Industrial Complexes

  • Free Economic Zones

    Busan-Jinhae Free Economic Zone, Gwangyang Bay Area Free Economic Zone
Diverse and Specialized Industrial Bases by Region