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Individuals stroll on a avenue in Seoul, South Korea, March 16, 2022. (Photograph by James Lee/Xinhua)
South Korea’s companies business income recorded a double-digit progress in 2021, marking the best enhance in six years.
SEOUL, Dec. 23 (Xinhua) — South Korea’s companies business income logged a double-digit progress final yr as a consequence of increased demand for face-to-face companies, statistical workplace information confirmed Friday.
Gross sales within the companies business totaled 2,814 trillion gained (2.2 trillion U.S. {dollars}) in 2021, up 10.5 p.c from a yr earlier, in line with Statistics Korea.
It marked the best enhance in six years as restoration from the financial stoop, brought on by the COVID-19 pandemic, boosted demand for face-to-face companies.
Income within the arts, sports activities and leisure sector jumped 24.0 p.c final yr on the again of mitigated measures in opposition to the pandemic.
Gross sales within the data and communications and the water, sewage and waste sectors expanded in double figures, and income within the wholesale and retail sector superior by 8.9 p.c on stable demand for on-line purchasing.
The variety of companies within the companies business was 4,066,000 in 2021, down 0.2 p.c from the earlier yr.
It marked the primary fall in 16 years amid the persevering with pandemic.
The variety of individuals working within the companies business added 1.6 p.c to 13,853,000 final yr.■
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