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That store, which had survived three years of COVID-19, received a bill for 10 million won just as it was about to close down. Last year, the number of stores that closed their doors exceeded 1 million for the first time. But there is something even scarier... ※ This video is content produced for educational and informational purposes, based on publicly available statistics and media reports. It does not support or slander any specific political party, government, or individual, nor does it place blame on any single side for the crisis facing self-employed businesses; instead, it neutrally addresses only the structural causes. It adheres to YouTube's guidelines for producing educational content. Unverified figures are not presented as established facts. Please ensure you consult with a professional before making any decisions regarding business closure or startup. References / Sources 1,008,282 Business Closures in 2024, Surpassing 1 Million for the First Time Since 1995 Statistics; Closure Rate 9.04% — Segye Ilbo July 2025 / Money Today June 2025 Retail Businesses Rank 1st in Closures (29.7%); Closure Rates by Industry (Retail 16.78%; Restaurants 15.82%) — Segye Ilbo July 2025 Loans to Self-Employed Reach 1,112 Trillion Won; Delinquency Rate for Individual Business Owners Highest in 11 Years — Herald Business · Seoul Business Daily June 2026 Store Demolition & Restoration Costs: 10 Million to Tens of Millions of Won vs. Government Demolition Support Up to 6 Million Won — Financial News · Korea Small Business & Market Promotion Agency · Seoul Business Daily End of COVID-19 Support Funds, Maturity Deferrals, and Compensation for Gathering Bans; Debt Rise Again — Seoul Economic Daily · Segye Ilbo 2026 Cumulative EVs: 684,244 (New Cars 12-13%) — Industry News 2025 PC Bangs: Approx. 21,000 in 2009 → 7,773 in 2023 — I Love PC Bang Direct Purchases from China: 4.7772 Trillion Won (+48%) — News Cheonji · Seoul Economic Daily 2024 Movie Theater Attendance: 227 Million in 2019 → 123 Million in 2024 — Media Today 2025 Weekend Green Fee at Public Golf Courses: 214,000 Won · Visitors to Jeju: -16.6% — Jeju Ilbo · Golf Times 2025 New Real Estate Agent Openings: 9,150 (Lowest Since IMF Crisis) · Closures: 11,297 — Daejeon Ilbo · News1 2025 Self-employed in Korea Share Ranks 7th in OECD (23.5%) · 3.6 Times That of the US — Sisa Journal 2nd Supplementary Budget for Small Business Support Approx. 31.8 Trillion Won — TechM 2025 #SelfEmployment #BusinessClosure #SelfEmploymentClosure #1MillionBusinessClosures #SmallBusinessOwners #CollapseOfSelfEmployment #BusinessClosureCosts #DomesticRecession #EasyEconomy #EconomicNews