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South Korea Economic Indicators

BALANCE OF TRADE
Last: 3,370
UNITS IN: USD Million
Since 2009 South Korea has been recording trade surpluses due to exports growth. The country exports mainly machinery and transport equipment, oil, iron, steel and plastics while it imports oil, electrical machinery, natural gas and food. Main trading partners are: China (26 percent of total exports...
Since 2009 South Korea has been recording trade surpluses due to exports growth. The country exports mainly machinery and transport equipment, oil, iron, steel and plastics while it imports oil, electrical machinery, natural gas and food. Main trading partners are: China (26 percent of total exports...
BANK LENDING RATE
Last: 3.2
UNITS IN: %
CPI
Last: 104.87
UNITS IN: Index Points
GDP GROWTH RATE
Last: 2
UNITS IN: %
South Korea’s economy became one of the most diversified and technologically advanced in the world in the last 50 years. Like in most developed countries, services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration ...
South Korea’s economy became one of the most diversified and technologically advanced in the world in the last 50 years. Like in most developed countries, services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration ...
CURRENT ACCOUNT TO GDP
Last: 4.7
UNITS IN: %
GOVERMENT DEBT TO GDP
Last: 36.6
UNITS IN: %
INTEREST RATE
Last: 1.25
UNITS IN: %
In South Korea the interest rates decisions are taken by the Bank of Korea’s (BOK) Monetary Policy Committee. The official interest rate is the Bank of Korea Base Rate which was changed from overnight call rate on March 2008.
In South Korea the interest rates decisions are taken by the Bank of Korea’s (BOK) Monetary Policy Committee. The official interest rate is the Bank of Korea Base Rate which was changed from overnight call rate on March 2008.
NEW ORDERS
Last: 7,711,018
UNITS IN: KRW Million
UNEMPLOYMENT RATE
Last: 3.5
UNITS IN: %
In South Korea, the seasonally adjusted unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
In South Korea, the seasonally adjusted unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Currency
KRW/USD: 0.000840
Inverted Rate: 1189.357

Credit Rating

Moody'sS&PFitchDBRS
Aa2AAAA-NR
StableStableStable-
Moody'sS&PFitchDBRS
RatingOutlookRatingOutlookRatingOutlookRatingOutlook
Aa2StableAAStableAA-StableNR-

All Economic Indicators

GDP
Scroll for more details
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
1,619.42
Dec 2018
1,530.75
Dec 2017
2.42
Dec 1961
1,619.42
Dec 2018
 USD Billion Yearly 1960 - 2018
GDP Annual Growth Rate
2
Sep 2019
2
Jun 2019
-7.3
Jun 1998
20.8
Dec 1969
 % Quarterly 1961 - 2019
GDP Constant Prices
461,705.9
Sep 2019
459,813.4
Jun 2019
6,626.29
Mar 1960
461,705.9
Sep 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Agriculture
8,223.8
Sep 2019
8,174.2
Jun 2019
1,627.32
Mar 1960
8,635.1
Dec 2014
 KRW Billion Quarterly 1960 - 2019
GDP From Construction
21,124.4
Sep 2019
22,202.1
Jun 2019
279.27
Dec 1960
23,837.4
Mar 2017
 KRW Billion Quarterly 1960 - 2019
GDP From Manufacturing
123,980.7
Sep 2019
121,116.7
Jun 2019
297.74
Jun 1960
123,980.7
Sep 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Mining
455.4
Sep 2019
505.9
Jun 2019
178.51
Mar 1960
895.2
Sep 2001
 KRW Billion Quarterly 1960 - 2019
GDP From Public Administration
26,855.5
Jun 2019
26,575.9
Mar 2019
1,673.48
Sep 1961
26,855.5
Jun 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Services
258,292.1
Sep 2019
256,848.5
Jun 2019
4,114.3
Sep 1960
258,292.1
Sep 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Transport
15,635.5
Sep 2019
15,521.4
Jun 2019
113.95
Jun 1960
15,770.3
Dec 2018
 KRW Billion Quarterly 1960 - 2019
GDP From Utilities
11,099.8
Sep 2019
12,845.8
Jun 2019
10.3
Mar 1960
12,845.8
Jun 2019
 KRW Billion Quarterly 1960 - 2019
GDP Growth Rate
0.4
Sep 2019
1
Jun 2019
-7
Mar 1998
7.8
Dec 1970
 % Quarterly 1960 - 2019
GDP per capita
26,761.9
Dec 2018
26,152
Dec 2017
944.3
Dec 1960
26,761.9
Dec 2018
 USD Yearly 1960 - 2018
Gross National Product
456,451.8
Sep 2019
450,227.4
Jun 2019
7,259.71
Mar 1960
473,695.6
Dec 2018
 KRW Billion Quarterly 1960 - 2019
GDP per capita PPP
36,776.5
Dec 2018
35,938.4
Dec 2017
11,632.6
Dec 1990
36,776.5
Dec 2018
 USD Yearly 1990 - 2018
Gross Fixed Capital Formation
129,808.1
Sep 2019
133,364.5
Jun 2019
359.12
Dec 1960
143,486.5
Mar 2018
 KRW Billion Quarterly 1960 - 2019
prices
business
trade
labour
government
money
consumer
taxes
housing
climate

Latest Releases and Calendar Events

News

All News
DATETIMETITLE
Dec 3, 201909:55South Korea GDP Growth Confirmed at 0.4%
Dec 3, 201909:23South Korea GDP Annual Growth Steady at 2%
Dec 2, 201908:59South Korea November Inflation Rate at 4-Month High
Dec 1, 201902:40South Korea Posts Smallest Trade Surplus in 3 Months
Nov 29, 201905:59South Korea Holds Base Rate at 1.25%
Nov 1, 201911:19South Korea Consumer Prices Flat in October
Nov 1, 201909:31South Korea Trade Surplus Narrows in October

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