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S. Korea Among Fastest-Urbanizing Countries

News2006-05-02
S. Korea Among Fastest-Urbanizing Countries

The country is found to rank among the fastest-urbanizing nations in the world, with its urbanization rate rising to 80-point-eight percent last year from 57 percent 25 years ago.

Data compiled by the United Nations and the National Statistical Office released Tuesday show that only Oman and the Philippines marked faster urbanization than South Korea among Asian countries last year.

In Europe, only Portugal posted a higher rate than South Korea.

The United States saw an 80-point-eight percent urbanization rate, the same as South Korea's, but its rate went up only seven percent over the past 25 years, compared to South Korea's 24 percent.

Countries with higher urbanization rates than South Korea are either city states or Middle Eastern nations.

Singapore and Hong Kong had a hundred percent urbanization rate, followed by Macau, Kuwait, Qatar, Israel, Bahrain, Saudi Arabia and Lebanon.

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