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How big is Busan? What is the main economy of Busan?

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Busan is one of the most populous and vibrant cities in South Korea. It is located on the southeastern coast of the Korean peninsula, facing the Korea Strait and Japan.

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Busan has a population of approximately 3.5 million people, according to the World Population Review, and a total area of 770.04 square kilometers, according to Wikipedia.

Seoul to Busan/ Image Credits: Klook

Busan is also the economic, cultural and educational center of southeastern South Korea, with its port being South Korea’s busiest and the sixth-busiest in the world.

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The main economy of Busan is based on its port and its related industries, such as shipbuilding, marine, machinery and steel. Busan is also a major tourist destination, attracting visitors with its beaches, festivals, temples and cultural attractions.

According to World Cities, creative culture, bio-health and knowledge infrastructure services are also important sectors of the city’s economy. In 2021, the gross regional domestic product (GRDP) of Busan was about 97.8 trillion South Korean won (about 83 billion US dollars), up from about 91.3 trillion South Korean won in 2020, according to Statista.


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