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South Korea Economic Indicators

BALANCE OF TRADE
Last: 3,670
UNITS IN: USD Million
South Korea remained as a net exporter for the 11th consecutive year in 2019 with a trade surplus of USD 39.2 billion, despite a downturn in semiconductors, petrochemicals, and petroleum products industry and challenges such as the US-China trade dispute, Japan’s restrictions on exports, Brexit, and...
BANK LENDING RATE
Last: 2.8
UNITS IN: %
CPI
Last: 104.71
UNITS IN: points
GDP GROWTH RATE
Last: 1.4
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 ...
CURRENT ACCOUNT TO GDP
Last: 3.7
UNITS IN: %
GOVERMENT DEBT TO GDP
Last: 36.6
UNITS IN: %
INTEREST RATE
Last: 0.5
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.
NEW ORDERS
Last: 5,649,390
UNITS IN: KRW Million
UNEMPLOYMENT RATE
Last: 4.5
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.
Currency
usd/krw:1199.440
Inverted Rate: 0.001

Credit Rating

Moody'sS&PFitchDBRSScope Ratings
RatingOutlookRatingOutlookRatingOutlookRatingOutlookRatingOutlook
Aa2StableAAStableAA-StableNR-NR-

All Economic Indicators

GDP
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
1,642.38
Dec 2019
1,720.58
Dec 2018
2.42
Dec 1961
1,720.58
Dec 2018
 USD Billion Yearly 1960 - 2019
GDP Annual Growth Rate
1.4
Mar 2020
2.3
Dec 2019
-7.3
Jun 1998
20.8
Dec 1969
 % Quarterly 1961 - 2020
GDP Constant Prices
462,805.5
Mar 2020
468,814.3
Dec 2019
6,626.29
Mar 1960
468,814.3
Dec 2019
 KRW Billion Quarterly 1960 - 2020
GDP From Agriculture
8,423.2
Mar 2020
8,119.2
Dec 2019
1,627.32
Mar 1960
8,635.1
Dec 2014
 KRW Billion Quarterly 1960 - 2020
GDP From Construction
22,365
Mar 2020
22,159.7
Dec 2019
279.27
Dec 1960
23,837.4
Mar 2017
 KRW Billion Quarterly 1960 - 2020
GDP From Manufacturing
123,745.4
Mar 2020
125,987.1
Dec 2019
297.74
Jun 1960
125,987.1
Dec 2019
 KRW Billion Quarterly 1960 - 2020
GDP From Mining
559.3
Mar 2020
498.7
Dec 2019
178.51
Mar 1960
895.2
Sep 2001
 KRW Billion Quarterly 1960 - 2020
GDP From Public Administration
27,295.6
Dec 2019
27,110.1
Sep 2019
1,673.48
Sep 1961
27,295.6
Dec 2019
 KRW Billion Quarterly 1960 - 2019
GDP From Services
255,204.6
Mar 2020
260,084.8
Dec 2019
4,114.3
Sep 1960
260,084.8
Dec 2019
 KRW Billion Quarterly 1960 - 2020
GDP From Transport
13,684
Mar 2020
15,648.6
Dec 2019
113.95
Jun 1960
15,770.3
Dec 2018
 KRW Billion Quarterly 1960 - 2020
GDP From Utilities
12,227.9
Mar 2020
11,528.8
Dec 2019
10.3
Mar 1960
12,845.8
Jun 2019
 KRW Billion Quarterly 1960 - 2020
GDP Growth Rate
-1.3
Mar 2020
1.3
Dec 2019
-7
Mar 1998
7.8
Dec 1970
 % Quarterly 1960 - 2020
GDP per capita
28,605.7
Dec 2019
28,091.4
Dec 2018
944.3
Dec 1960
28,605.7
Dec 2019
 USD Yearly 1960 - 2019
Gross National Product
437,974.6
Mar 2020
477,883.7
Dec 2019
7,259.71
Mar 1960
477,883.7
Dec 2019
 KRW Billion Quarterly 1960 - 2020
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
136,891.3
Mar 2020
134,629.4
Dec 2019
359.12
Dec 1960
143,486.5
Mar 2018
 KRW Billion Quarterly 1960 - 2020
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Latest Releases and Calendar Events

News

All News
Time zone: GMT
DATETIMETITLE
Jan 21, 202023:24South Korea GDP Growth Gains Steam
Jan 17, 202004:55South Korea Holds Key Rate Unchanged at 1.25%
Dec 31, 201903:26South Korea Inflation Rate at 6-Month High
Dec 31, 201903:21South Korea Inflation Rate at 6-Month High
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

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