The governing area of the Republic of Korea (South Korea) is 99,117 km~2 or about 45 percent of the Korean Peninsula, with the population being about 46,858,000 as of 1999. Since 1962, South Korea's economic growth continued under economic development plans. Korea has now grown into a developing industrial country, ranking 12~(th) in terms of volume of trade among world production. The GNP per capita has risen to US
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