Presidential elections were held in South Korea on 19 December 2012. They were the sixth presidential elections since democratization and the establishment of the Sixth Republic, and were held under a first-past-the-post system, in which there was a single round of voting and the candidate receiving the highest number of votes was elected. Under the South Korean constitution, a president is restricted to a single five-year term in office. The term of the then incumbent president Lee Myung-bak ended on 24 February 2013. According to the Korea Times, 30.7 million people voted with turnout at 75.8%. Park Geun-hye of the Saenuri party was elected the first female South Korean president with 51.6% of the vote opposed to 48.0% for her opponent Moon Jae-in.[1] Park's share of the vote was the highest won by any candidate since the beginning of free and fair direct elections in 1987 and the first such election in which any candidate won a majority.[2] Moreover, as of the 2022 election, this is the latest South Korean presidential election in which the winning candidate won an absolute majority of the vote.