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South Korea Economic Indicators

BALANCE OF TRADE
Last: 5,973
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: 3.19
UNITS IN: %
CPI
Last: 105.2
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: 5,914,673
UNITS IN: KRW Million
UNEMPLOYMENT RATE
Last: 3.4
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.
Currency
KRW/USD: 0.000853
Inverted Rate: 1172.332

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
Jun 2019
1.7
Mar 2019
-7.3
Jun 1998
20.8
Dec 1969
 % Quarterly 1961 - 2019
GDP Constant Prices
459,813.4
Jun 2019
455,081
Mar 2019
6,626.29
Mar 1960
459,813.4
Jun 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Agriculture
8,174.2
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
22,202.1
Jun 2019
21,855.3
Mar 2019
279.27
Dec 1960
23,837.4
Mar 2017
 KRW Billion Quarterly 1960 - 2019
GDP From Manufacturing
121,116.7
Jun 2019
119,813.1
Mar 2019
297.74
Jun 1960
123,853.9
Dec 2018
 KRW Billion Quarterly 1960 - 2019
GDP From Mining
505.9
Jun 2019
523.3
Mar 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
256,848.5
Jun 2019
254,896.6
Mar 2019
4,114.3
Sep 1960
256,848.5
Jun 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Transport
15,521.4
Jun 2019
15,230.2
Mar 2019
113.95
Jun 1960
15,770.3
Dec 2018
 KRW Billion Quarterly 1960 - 2019
GDP From Utilities
12,845.8
Jun 2019
11,601.3
Mar 2019
10.3
Mar 1960
12,845.8
Jun 2019
 KRW Billion Quarterly 1960 - 2019
GDP Growth Rate
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
450,227.4
Jun 2019
435,887.5
Mar 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
133,364.5
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
Oct 16, 201909:52South Korea Cuts Key Rate by 25 Bps to 1.25%
Oct 1, 201910:50South Korea Trade Surplus Narrows Sharply
Oct 1, 201910:17South Korea Posts Deflation for the First Time on Record
Sep 3, 201912:29South Korea Inflation Hits Record Low
Sep 3, 201911:30South Korea Q2 GDP Annual Growth Rate at 2%
Sep 3, 201911:13South Korea Q2 GDP Growth Revised Slightly Lower
Sep 2, 201923:32South Korea Consumer Prices Unexpectedly Unchanged

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