Seasonal variations of gravity wave characteristics are investigated using rawinsonde data observed at Pohang observatory, Korea (36°2′N, 129°23′E) during the one-year period of 1998. Analysis is carried out for two atmospheric layers representing the troposphere (2–9 km) and stratosphere (17–30 km). There exist clear seasonal variations in amplitudes of temperature and wind perturbations and wave energy in the stratosphere, with their maxima in wintertime and minima in summertime. A strong correlation is found between the wave activity and the strength of the jet stream, but there is no clear correlation between the wave activity and the vertical gradient of static stability. The intrinsic frequency and vertical and horizontal wavelengths of gravity waves in the stratosphere are 2f–3f, where f is the Coriolis parameter, and 2–3 km and 300–500 km, respectively. The intrinsic phase velocity directs westward in January and northeastward in July. The vertical flux of the stratospheric zonal momentum is mostly negative except in summertime with a maximum magnitude in January. Topography seems to be a major source of stratospheric gravity waves in wintertime. Convection can be a source of gravity waves in summertime, but it is required to know convective sources at nearby stations, due to their intermittency and locations relative to floating balloons.