Statistics Korea to Conduct Nationwide Business Survey Until the 6th of Next Month

[Asia Economy Sejong=Reporter Son Seon-hee] The Statistics Korea announced on the 8th that it will conduct the '2022 National Business Survey' from the 9th of this month to July 6th.

Hosted by Statistics Korea and conducted by local governments nationwide, this survey is a complete census aimed at understanding the structure of Korean businesses. It has been conducted annually since 1994, marking its 29th iteration this year.

The survey targets approximately 6.59 million businesses engaged in industrial activities within the country. Businesses operating within households, such as e-commerce, freelancers, one-person YouTubers, and study rooms, are also included.

The survey items include a total of 10 categories such as business owner, establishment date, organizational form, type of business, number of employees, and sales amount. However, in this survey, four items?business owner, establishment date, organizational form, and sales amount?are replaced with administrative data to reduce the burden on respondents. The survey will be conducted through face-to-face interviews while adhering to COVID-19 prevention guidelines, and telephone surveys may be conducted depending on the situation.

The results of this survey are planned to be preliminarily announced in September and finalized in December. They will be used as basic data for national and local government policy-making and as a registry for various economic statistical surveys.

Ryu Geun-gwan, Commissioner of Statistics Korea, stated, "Although this is a difficult time for everyone due to COVID-19, accurate statistical compilation is essential to establish statistics-based policies, so we ask for active participation and responses from businesses." He added, "All surveyed information is strictly protected under Article 33 (Confidentiality Protection) of the Statistics Act, so there is no need to worry."

This content was produced with the assistance of AI translation services.