A. ECONOMIC/TRADE & INVESTMENT DATA Profile - Population: 44.1 million (1993) - Population growth rate: 0.9 percent - Religions: Buddhist (28%); Christian (24%); Other (4%); No affiliation (44%); strong confucian traditions. - Government system: Representative democracy with a populary-elected President, who is Chief of State and Head of Government, and a unicameral National Assembly. - Languages: Korean, with English widely taught in schools. - Work Week: Monday to Saturday; Average work week of 47.5 hours in 1993. Domestic Economy (In million U.S. Dollars unless otherwise noted) 1993 1994 1995 GDP 330.8 371.6 416.0 GDP growth rate 5.5 7.6 7.1 (1990 prices) GDP per capita 7,514 8,350 9,265 (US dollars) Government Spending as % 19.9 20.0 20.5 of GDP Inflation rate 4.8 6.3 6.1 Foreign Exchange Reserves 20,262 23,000 24,500 (end-period) Average Exchang Rate for 802.7 808 808 USD 1.00 Foreign Debt 43,870 46,000 46,500 Debt Service Ratio 6.3 6.2 6.2 U.S. Military/Economic 0 0 0 Assistance Trade Total ROK Exports 82,234 92,102 100,391 Total ROK Imports 83,800 96,720 106,392 ROK Exports to U.S. 18,138 18,972 19,921 ROK Imports from U.S. 17,928 19,183 20,142 U.S. Share of ROK Imports 21.4% 19.8% 18.9%