FXEMPIRE

South Korea Economic Indicators

BALANCE OF TRADE
Last: 2,441
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: 3.49
UNITS IN: %
CPI
Last: 104.56
UNITS IN: Index Points
GDP GROWTH RATE
Last: 2.1
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: 1.5
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: 7,376,716
UNITS IN: KRW Million
UNEMPLOYMENT RATE
Last: 4
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.

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
2.1
Jun 2019
1.7
Mar 2019
-7.3
Jun 1998
20.8
Dec 1969
 % Quarterly 1961 - 2019
GDP Constant Prices
459,958
Jun 2019
455,081
Mar 2019
6,626.29
Mar 1960
459,958
Jun 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Agriculture
8,168.7
Jun 2019
8,482.7
Mar 2019
1,627.32
Mar 1960
8,635.1
Dec 2014
 KRW Billion Quarterly 1960 - 2019
GDP From Construction
22,168.5
Jun 2019
21,855.3
Mar 2019
279.27
Dec 1960
23,837.4
Mar 2017
 KRW Billion Quarterly 1960 - 2019
GDP From Manufacturing
121,912.8
Jun 2019
119,813.1
Mar 2019
297.74
Jun 1960
123,853.9
Dec 2018
 KRW Billion Quarterly 1960 - 2019
GDP From Mining
475.7
Jun 2019
523.3
Mar 2019
178.51
Mar 1960
895.2
Sep 2001
 KRW Billion Quarterly 1960 - 2019
GDP From Public Administration
26,575.9
Mar 2019
26,296.6
Dec 2018
1,673.48
Sep 1961
26,575.9
Mar 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Services
256,431.7
Jun 2019
215,013.7
Mar 2019
4,114.3
Sep 1960
256,431.7
Jun 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Transport
15,507.4
Jun 2019
15,230.2
Mar 2019
113.95
Jun 1960
15,770.3
Dec 2018
 KRW Billion Quarterly 1960 - 2019
GDP From Utilities
12,565.4
Jun 2019
11,601.3
Mar 2019
10.3
Mar 1960
12,565.4
Jun 2019
 KRW Billion Quarterly 1960 - 2019
GDP Growth Rate
1.1
Jun 2019
-0.4
Mar 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
435,887.5
Mar 2019
426,717.5
Dec 2018
7,259.71
Mar 1960
435,887.5
Mar 2019
 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
133,008.5
Jun 2019
131,296.6
Mar 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
Aug 1, 201911:47South Korea Inflation Unexpectedly Edges Down to 0.6%
Aug 1, 201909:19South Korea Trade Surplus Narrows as Exports Slump
Jul 25, 201908:30South Korea Q2 GDP Growth at Near 2-Year High
Jul 25, 201908:17South Korea Economy Expands 2.1% YoY in Q2
Jul 18, 201905:19South Korea Unexpectedly Cuts Key Rate by 25 Bps to 1.5%
Jul 2, 201909:48South Korea Annual Inflation Rate Steady at 0.7% in June
Jul 1, 201902:21South Korea Trade Surplus Narrows Sharply in June

Explore Additional Indicators

GDP
Prices
Business
Trade
Labour
Government
Money
Consumer
Taxes
Housing
Climate

Explore Additional Countries

G20
Asia
Europe
North America
Pacific
Middle East
South America
Africa
Central America
Caribbean
IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMER
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.
FOLLOW US