The study evaluates Korea’s current status of economic and social development with the design of economic and social development indicator (ESDI). This indicator is composed of three categories, including growth engine, social integration, and environmental protection. The indicator analysis demonstrates both the characteristics of each country and the general developmental trajectory of the OECD countries. Especially, this study reveals that by comparison with OECD countries, Korea is relatively short in the 2nd and 3rd categories. Through a policy simulation analysis, this study also finds that Korea needs a structural reform to upgrade its current status. Therefore,we suggest that for further upgrade of economic and social development,Korea should focus more on social integration aspects.