Won

• iso 4217: KRW
• Korea, Republic Of (Asia)

South Korea Wages in Manufacturing

Wages in Manufacturing in South Korea decreased to 3273668 KRW in the fourth quarter of 2012 from 3329448 KRW in the third quarter of 2012. Wages in Manufacturing in South Korea is reported by the Ministry of Empl and Labor, South Korea. Historically, from 2008 until 2012, South Korea Wages in Manufacturing averaged 2946776.76 KRW reaching an all time high of 3329448 KRW in August of 2012 and a record low of 2520139 KRW in May of 2008. This page includes a chart with historical data for South Korea Wages in Manufacturing.

source: Ministry of Empl and Labor, South Korea

South Korea Wages

Wages in South Korea decreased to 3030474 KRW in the fourth quarter of 2012 from 3061096 KRW in the third quarter of 2012. Wages in South Korea is reported by the Ministry of Empl and Labor, South Korea. Historically, from 2008 until 2012, South Korea Wages averaged 2784397.67 KRW reaching an all time high of 3061096 KRW in August of 2012 and a record low of 2460239 KRW in May of 2008. In South Korea, wages are benchmarked using total salaries. This page includes a chart with historical data for South Korea Wages.

source: Ministry of Empl and Labor, South Korea

South Korea Unemployed Persons

Unemployed Persons in South Korea decreased to 792 Thousand Persons in April of 2013 from 813 Thousand Persons in March of 2013. Unemployed Persons in South Korea is reported by the Statistics Korea. Historically, from 1999 until 2013, South Korea Unemployed Persons averaged 867.86 Thousand Persons reaching an all time high of 1564 Thousand Persons in June of 1999 and a record low of 684 Thousand Persons in September of 2002. In South Korea, unemployed persons are individuals who are without a job and actively seeking to work. This page includes a chart with historical data for South Korea Unemployed Persons.

source: Statistics Korea

South Korea Terms of Trade

Terms of Trade in South Korea increased to 114 Index Points in March of 2013 from 100.70 Index Points in February of 2013. Terms of Trade in South Korea is reported by the The Bank of Korea. Historically, from 1988 until 2013, South Korea Terms of Trade averaged 72.86 Index Points reaching an all time high of 160.40 Index Points in November of 2012 and a record low of 17.60 Index Points in January of 1988. In South Korea, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page includes a chart with historical data for South Korea Terms of Trade.

source: The Bank of Korea

South Korea Producer Prices

Producer Prices in South Korea decreased to 105.94 Index Points in April of 2013 from 106.26 Index Points in March of 2013. Producer Prices in South Korea is reported by the The Bank of Korea. Historically, from 1965 until 2013, South Korea Producer Prices averaged 60.84 Index Points reaching an all time high of 122.90 Index Points in December of 2011 and a record low of 5.80 Index Points in January of 1965. In South Korea, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page includes a chart with historical data for South Korea Producer Prices.

source: The Bank of Korea

South Korea Productivity

Productivity in South Korea increased to 109 Index Points in the fourth quarter of 2012 from 103.90 Index Points in the third quarter of 2012. Productivity in South Korea is reported by the Korea Productivity Center. Historically, from 2008 until 2012, South Korea Productivity averaged 110.13 Index Points reaching an all time high of 124.10 Index Points in May of 2012 and a record low of 93.10 Index Points in February of 2009. In South Korea, Productivity is the real value of output produced by a unit of labor during a certain time. This page includes a chart with historical data for South Korea Productivity.

source: Korea Productivity Center

South Korea Loans to Private Sector

Loans to Private Sector in South Korea increased to 925 KRW Billion in April of 2013 from 106 KRW Billion in March of 2013. Loans to Private Sector in South Korea is reported by the The Bank of Korea. Historically, from 2002 until 2013, South Korea Loans to Private Sector averaged 2181.97 KRW Billion reaching an all time high of 7695 KRW Billion in March of 2002 and a record low of -3462 KRW Billion in January of 2013. This page includes a chart with historical data for South Korea Loans to Private Sector.

source: The Bank of Korea

South Korea Labour Costs

Labour Costs in South Korea increased to 114 Index Points in the fourth quarter of 2012 from 108.10 Index Points in the third quarter of 2012. Labour Costs in South Korea is reported by the Korea Productivity Center. Historically, from 2008 until 2012, South Korea Labour Costs averaged 100.24 Index Points reaching an all time high of 115.30 Index Points in February of 2009 and a record low of 86.30 Index Points in May of 2011. This page includes a chart with historical data for South Korea Labour Costs.

source: Korea Productivity Center

South Korea Interbank Rate

Interbank Rate in South Korea increased to 2.75 percent in April of 2013 from 2.74 percent in March of 2013. Interbank Rate in South Korea is reported by the The Bank of Korea. Historically, from 1991 until 2013, South Korea Interbank Rate averaged 7.28 Percent reaching an all time high of 25.34 Percent in January of 1998 and a record low of 1.76 Percent in March of 2009. In South Korea, the interbank rate is the rate of interest charged on short-term loans made between banks. This page includes a chart with historical data for South Korea Interbank Rate.

source: The Bank of Korea

South Korea Import Prices

Import Prices in South Korea increased to 104.39 Index Points in April of 2013 from 104.29 Index Points in March of 2013. Import Prices in South Korea is reported by the The Bank of Korea. Historically, from 1971 until 2013, South Korea Import Prices averaged 68.98 Index Points reaching an all time high of 172.25 Index Points in March of 2012 and a record low of 6.98 Index Points in January of 1971. In South Korea, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page includes a chart with historical data for South Korea Import Prices.

source: The Bank of Korea

South Korea Housing Index

Housing Index in South Korea decreased to 1246798 KRW Million in March of 2013 from 1463089 KRW Million in February of 2013. Housing Index in South Korea is reported by the Statistics Korea (kostat). Historically, from 1976 until 2013, South Korea Housing Index averaged 1464151.57 KRW Million reaching an all time high of 9960701 KRW Million in December of 2009 and a record low of 23 KRW Million in January of 1977. In South Korea, Housing Index is measured by the total value of new construction orders. This page includes a chart with historical data for South Korea Housing Index.

source: Statistics Korea (kostat)

South Korea Gross National Product

Gross National Product in South Korea increased to 275332.90 KRW Billion in the fourth quarter of 2012 from 261776.60 KRW Billion in the third quarter of 2012. Gross National Product in South Korea is reported by the The Bank of Korea. Historically, from 1970 until 2012, South Korea Gross National Product averaged 121664.72 KRW Billion reaching an all time high of 275332.90 KRW Billion in November of 2012 and a record low of 14696.60 KRW Billion in February of 1970. This page includes a chart with historical data for South Korea Gross National Product.

source: The Bank of Korea

South Korea Government Spending

Government Spending in South Korea increased to 40987.10 KRW Billion in the first quarter of 2013 from 40467.50 KRW Billion in the fourth quarter of 2012. Government Spending in South Korea is reported by the The Bank of Korea. Historically, from 1970 until 2013, South Korea Government Spending averaged 18726.89 KRW Billion reaching an all time high of 40987.10 KRW Billion in February of 2013 and a record low of 4673.10 KRW Billion in February of 1970. This page includes a chart with historical data for South Korea Government Spending.

source: The Bank of Korea

South Korea Households Savings

Personal Savings in South Korea increased to 394196.70 KRW Billion in 2012 from 390594.50 KRW Billion in 2011. Personal Savings in South Korea is reported by the The Bank of Korea. Historically, from 1970 until 2012, South Korea Households Savings averaged 133567.57 KRW Billion reaching an all time high of 394196.70 KRW Billion in June of 2012 and a record low of 494 KRW Billion in June of 1970. In South Korea, Households Savings correspond to the income saved during a certain period of time. This page includes a chart with historical data for South Korea Households Savings.

source: The Bank of Korea

South Korea New Orders

New Orders in South Korea increased to 5597342 KRW Million in March of 2013 from 4370129 KRW Million in February of 2013. New Orders in South Korea is reported by the Statistics Korea. Historically, from 1979 until 2013, South Korea New Orders averaged 3182236.84 KRW Million reaching an all time high of 15108782 KRW Million in May of 2007 and a record low of 93961 KRW Million in September of 1980. In South Korea, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product. This page includes a chart with historical data for South Korea New Orders.

source: Statistics Korea

South Korea Capacity Utilization

Capacity Utilization in South Korea remained unchanged at 108 Index Points in March of 2013 from 108 Index Points in February of 2013. Capacity Utilization in South Korea is reported by the Statistics Korea. Historically, from 1971 until 2013, South Korea Capacity Utilization averaged 56.96 Index Points reaching an all time high of 140.80 Index Points in November of 2012 and a record low of 5.40 Index Points in January of 1971. This page includes a chart with historical data for South Korea Capacity Utilization.

source: Statistics Korea

South Korea Capital Flows

Capital Flows in South Korea decreased to -6744.20 USD Million in March of 2013 from -3269.10 USD Million in February of 2013. Capital Flows in South Korea is reported by the The Bank of Korea. Historically, from 1980 until 2013, South Korea Capital Flows averaged -770.86 USD Million reaching an all time high of 3027.80 USD Million in August of 1996 and a record low of -9838.20 USD Million in November of 2012. In South Korea, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page includes a chart with historical data for South Korea Capital Flows.

source: The Bank of Korea

South Korea Bank Lending Rate

Bank Lending Rate in South Korea decreased to 4.77 percent in March of 2013 from 4.91 percent in February of 2013. Bank Lending Rate in South Korea is reported by the The Bank of Korea. Historically, from 1996 until 2013, South Korea Bank Lending Rate averaged 7.61 Percent reaching an all time high of 17.01 Percent in January of 1998 and a record low of 4.77 Percent in March of 2013. In South Korea, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. This page includes a chart with historical data for South Korea Bank Lending Rate.

source: The Bank of Korea

South Korea Bankruptcies

Bankruptcies in South Korea decreased to 69 Companies in March of 2013 from 85 Companies in February of 2013. Bankruptcies in South Korea is reported by the The Bank of Korea. Historically, from 1990 until 2013, South Korea Bankruptcies averaged 562.59 Companies reaching an all time high of 3377 Companies in February of 1998 and a record low of 69 Companies in March of 2013. In South Korea, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business. This page includes a chart with historical data for South Korea Bankruptcies.

source: The Bank of Korea

South Korea Business Confidence

Business Confidence in South Korea increased to 76 in May of 2013 from 75 in April of 2013. Business Confidence in South Korea is reported by the Bank of Korea. Historically, from 2003 until 2013, South Korea Business Confidence averaged 80.49 reaching an all time high of 105 in June of 2010 and a record low of 43 in February of 2009. In South Korea, the Business Survey Index (BSI) in the manufacturing sector measures the level of optimism that business leaders have about the performance of the economy in the current month and their outlook for the following month. The Index is based on the survey of around 2800 companies in fifteen areas including sales, inventories, production facilities, prices, labor force and profitability. For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The BSI above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page includes a chart with historical data for South Korea Business Confidence.

source: Bank of Korea

South Korea Consumer Confidence

Consumer Confidence in South Korea decreased to 102 in April of 2013 from 104 in March of 2013. Consumer Confidence in South Korea is reported by the Bank of Korea. Historically, from 1998 until 2013, South Korea Consumer Confidence averaged 100.15 reaching an all time high of 117 in October of 2009 and a record low of 81 in December of 2008. In South Korea, the Composite Consumer Sentiment Index (CCSI) measures the level of optimism that consumers have about the performance of the economy. The index is based on a survey of around 2200 households. The CCSI is computed as a sum of six variables, including current living standards, prospective household income and prospective spending. A CCSI above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page includes a chart with historical data for South Korea Consumer Confidence.

source: Bank of Korea

South Korea GDP Deflator

GDP Deflator in South Korea decreased to 114.90 Index Points in the fourth quarter of 2012 from 116.90 Index Points in the third quarter of 2012. GDP Deflator in South Korea is reported by the The Bank of Korea. Historically, from 1970 until 2012, South Korea GDP Deflator averaged 59.01 Index Points reaching an all time high of 116.90 Index Points in August of 2012 and a record low of 4.20 Index Points in February of 1970. This page includes a chart with historical data for South Korea GDP Deflator.

source: The Bank of Korea

South Korea Export Prices

Export Prices in South Korea increased to 95.24 Index Points in April of 2013 from 94.69 Index Points in March of 2013. Export Prices in South Korea is reported by the The Bank of Korea. Historically, from 1971 until 2013, South Korea Export Prices averaged 83.81 Index Points reaching an all time high of 179.65 Index Points in January of 1998 and a record low of 15.89 Index Points in January of 1971. In South Korea, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page includes a chart with historical data for South Korea Export Prices.

source: The Bank of Korea

South Korea Employed Persons

Employed Persons in South Korea increased to 24973 Thousand Persons in April of 2013 from 24846 Thousand Persons in March of 2013. Employed Persons in South Korea is reported by the Statistics Korea. Historically, from 1999 until 2013, South Korea Employed Persons averaged 22947.45 Thousand Persons reaching an all time high of 24973 Thousand Persons in April of 2013 and a record low of 20275 Thousand Persons in June of 1999. In South Korea, employed persons are individuals with a minimum required age who work during a certain time for a business. This page includes a chart with historical data for South Korea Employed Persons.

source: Statistics Korea

South Korea Total Households Disposable Income

Disposable Personal Income in South Korea increased to 1276429.20 KRW Billion in 2012 from 1235532.80 KRW Billion in 2011. Disposable Personal Income in South Korea is reported by the The Bank of Korea. Historically, from 1970 until 2012, South Korea Total Households Disposable Income averaged 411972.76 KRW Billion reaching an all time high of 1276429.20 KRW Billion in June of 2012 and a record low of 2842.30 KRW Billion in June of 1970. This page includes a chart with historical data for South Korea Total Households Disposable Income.

source: The Bank of Korea

South Korea Core Consumer Prices

Core Consumer Prices in South Korea remained unchanged at 105.90 Index Points in April of 2013 from 105.90 Index Points in March of 2013. Core Consumer Prices in South Korea is reported by the Statistics Korea. Historically, from 1975 until 2013, South Korea Core Consumer Prices averaged 59.40 Index Points reaching an all time high of 106.10 Index Points in February of 2013 and a record low of 10.70 Index Points in January of 1975. This page includes a chart with historical data for South Korea Core Consumer Prices.

source: Statistics Korea

South Korea Consumer Spending

Consumer Spending in South Korea decreased to 142067.20 KRW Billion in the first quarter of 2013 from 142430.90 KRW Billion in the fourth quarter of 2012. Consumer Spending in South Korea is reported by the The Bank of Korea. Historically, from 1970 until 2013, South Korea Consumer Spending averaged 67295.93 KRW Billion reaching an all time high of 142430.90 KRW Billion in November of 2012 and a record low of 12556.60 KRW Billion in February of 1970. This page includes a chart with historical data for South Korea Consumer Spending.

source: The Bank of Korea

South Korea Consumer Price Index (CPI)

Consumer Price Index (CPI) in South Korea decreased to 107.30 Index Points in April of 2013 from 107.40 Index Points in March of 2013. Consumer Price Index (CPI) in South Korea is reported by the Statistics Korea. Historically, from 1965 until 2013, South Korea Consumer Price Index (CPI) averaged 46.55 Index Points reaching an all time high of 107.60 Index Points in February of 2013 and a record low of 2.90 Index Points in January of 1965. In South Korea, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page includes a chart with historical data for South Korea Consumer Price Index (CPI).

source: Statistics Korea

South Korea Changes in Inventories

Changes in Inventories in South Korea decreased to 621.40 KRW Billion in the first quarter of 2013 from 1082.70 KRW Billion in the fourth quarter of 2012. Changes in Inventories in South Korea is reported by the The Bank of Korea. Historically, from 1970 until 2013, South Korea Changes in Inventories averaged 799.01 KRW Billion reaching an all time high of 5773.50 KRW Billion in August of 2008 and a record low of -7286.40 KRW Billion in May of 2009. In South Korea, changes in inventories are often a leading indicator for the overall performance of the economy. This page includes a chart with historical data for South Korea Changes in Inventories.

source: The Bank of Korea

South Korea Balance of Trade

South Korea recorded a trade surplus of 2446.98 USD Million in April of 2013. Balance of Trade in South Korea is reported by the Ministry of Trade, Industry & Energy. Historically, from 1966 until 2013, South Korea Balance of Trade averaged 432.04 USD Million reaching an all time high of 6794.27 USD Million in June of 2010 and a record low of -4043.46 USD Million in January of 2008. Since 2009 South Korea has been recording trade surpluses due to exports growth. Major exports are high-tech manufactured products like semiconductors, machinery, automobiles, ships, LCD and wireless communication devices. South Korea imports mainly oil, semiconductors and natural gas. Main trading partners are: China (25 percent of total exports and 16 percent of total imports), United States (10 percent of exports and 8 percent of imports) and European Union (9 percent of both exports and imports). Others include: Japan and ASEAN. This page includes a chart with historical data for South Korea Balance of Trade.

source: Ministry of Trade, Industry & Energy

South Korea Imports

Imports in South Korea decreased to 43822.06 USD Million in April of 2013 from 44148.62 USD Million in March of 2013. Imports in South Korea is reported by the Ministry of Trade, Industry & Energy. Historically, from 1966 until 2013, South Korea Imports averaged 10058.47 USD Million reaching an all time high of 45565.95 USD Million in March of 2011 and a record low of 38.61 USD Million in January of 1966. South Korea imports mainly oil (23 percent of total imports), semiconductors (6 percent) and natural gas (5 percent). Other imports include coal, steel and iron ore. Main import partners are China (16 percent of total imports), Japan (12 percent), United States (8 percent) and Saudi Arabia (7 percent). Others include: the European Union (9 percent), ASEAN (10 percent) and Australia (5 percent). This page includes a chart with historical data for South Korea Imports.

source: Ministry of Trade, Industry & Energy

South Korea Exports

Exports in South Korea decreased to 46269.05 USD Million in April of 2013 from 47437.40 USD Million in March of 2013. Exports in South Korea is reported by the Ministry of Trade, Industry & Energy. Historically, from 1966 until 2013, South Korea Exports averaged 10490.74 USD Million reaching an all time high of 48950.11 USD Million in July of 2011 and a record low of 14.75 USD Million in January of 1966. South Korea has an export oriented economy. Major exports are high-tech manufactured products like semiconductors (9 percent), machinery (9 percent), automobiles (9 percent), ships (7 percent), LCD devices (5 percent) and wireless communication devices (4 percent). Other exports include: steel (7 percent) and petrochemicals (10 percent). Major export partners are China (25 percent of total exports), ASEAN (14 percent), the United States (10 percent) and the European Union (9 percent). Others include: Japan, India, Brazil and Paraguay. This page includes a chart with historical data for South Korea Exports.

source: Ministry of Trade, Industry & Energy

South Korea Unemployment Rate

Unemployment Rate in South Korea decreased to 3.10 percent in April of 2013 from 3.20 percent in March of 2013. Unemployment Rate in South Korea is reported by the Korea National Statistical Office. Historically, from 1999 until 2013, South Korea Unemployment Rate averaged 3.66 Percent reaching an all time high of 7.10 Percent in June of 1999 and a record low of 3 Percent in September of 2002. In South Korea, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for South Korea Unemployment Rate.

source: Korea National Statistical Office

South Korea Money Supply M3

Money Supply M3 in South Korea increased to 2511343.60 KRW Billion in March of 2013 from 2497576.30 KRW Billion in February of 2013. Money Supply M3 in South Korea is reported by the The Bank of Korea. Historically, from 1986 until 2013, South Korea Money Supply M3 averaged 952456.95 KRW Billion reaching an all time high of 2511343.60 KRW Billion in March of 2013 and a record low of 57007.90 KRW Billion in January of 1986. South Korea Money Supply M3 includes M2 plus long-term time deposits in banks. This page includes a chart with historical data for South Korea Money Supply M3.

source: The Bank of Korea

South Korea Money Supply M2

Money Supply M2 in South Korea increased to 1869835.50 KRW Billion in March of 2013 from 1860734 KRW Billion in February of 2013. Money Supply M2 in South Korea is reported by the The Bank of Korea. Historically, from 1970 until 2013, South Korea Money Supply M2 averaged 457299.94 KRW Billion reaching an all time high of 1869835.50 KRW Billion in March of 2013 and a record low of 590.60 KRW Billion in January of 1970. South Korea Money Supply M2 includes M1 plus short-term time deposits in banks. This page includes a chart with historical data for South Korea Money Supply M2.

source: The Bank of Korea

South Korea Money Supply M1

Money Supply M1 in South Korea increased to 472331.90 KRW Billion in March of 2013 from 467952.10 KRW Billion in February of 2013. Money Supply M1 in South Korea is reported by the The Bank Of Korea. Historically, from 1970 until 2013, South Korea Money Supply M1 averaged 122701.84 KRW Billion reaching an all time high of 472331.90 KRW Billion in March of 2013 and a record low of 260.40 KRW Billion in January of 1970. This page includes a chart with historical data for South Korea Money Supply M1.

source: The Bank Of Korea

South Korea Money Supply M0

Money Supply M0 in South Korea increased to 46953600 KRW Million in March of 2013 from 46226100 KRW Million in February of 2013. Money Supply M0 in South Korea is reported by the The Bank of Korea. Historically, from 1960 until 2013, South Korea Money Supply M0 averaged 8354226.13 KRW Million reaching an all time high of 46953600 KRW Million in March of 2013 and a record low of 11200 KRW Million in March of 1960. South Korea Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page includes a chart with historical data for South Korea Money Supply M0.

source: The Bank of Korea

South Korea Car Registrations

Car Registrations in South Korea increased to 19070076 Cars in April of 2013 from 19020869 Cars in March of 2013. Car Registrations in South Korea is reported by the Ministry of Land, Transport, Maritime Affairs. Historically, from 1988 until 2013, South Korea Car Registrations averaged 11288255.05 Cars reaching an all time high of 19070076 Cars in April of 2013 and a record low of 1636036 Cars in January of 1988. This page includes a chart with historical data for South Korea Car Registrations.

source: Ministry of Land, Transport, Maritime Affairs

South Korea Interest Rate

The benchmark interest rate in South Korea was last recorded at 2.50 percent. Interest Rate in South Korea is reported by the Bank of Korea. Historically, from 1999 until 2013, South Korea Interest Rate averaged 3.77 Percent reaching an all time high of 5.25 Percent in October of 2000 and a record low of 2 Percent in February of 2009. 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. This page includes a chart with historical data for South Korea Interest Rate.

source: Bank of Korea

South Korea Foreign Exchange Reserves

Foreign Exchange Reserves in South Korea increased to 328800 USD Million in April of 2013 from 327408.40 USD Million in March of 2013. Foreign Exchange Reserves in South Korea is reported by the The Bank of Korea. Historically, from 1971 until 2013, South Korea Foreign Exchange Reserves averaged 74648.02 USD Million reaching an all time high of 328910.30 USD Million in January of 2013 and a record low of 564.50 USD Million in April of 1972. In South Korea, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page includes a chart with historical data for South Korea Foreign Exchange Reserves.

source: The Bank of Korea

South Korea Inflation Rate

The inflation rate in South Korea was recorded at 1.20 percent in April of 2013. Inflation Rate in South Korea is reported by the Korea National Statistical Office. Historically, from 1966 until 2013, South Korea Inflation Rate averaged 8.04 Percent reaching an all time high of 32.51 Percent in October of 1980 and a record low of 0.17 Percent in February of 1999. In South Korea, the most important categories in the consumer price index are Housing, water, electricity, gas and other fuels (17 percent of total weight) and Food and non-alcoholic beverages (13.6 percent of total weight). Others include Restaurants and hotels (12 percent); Education (11.4 percent); Transportation (10.9 percent); Health (7.3 percent); and Clothing and footwear (6.2 percent). The components with the least weight are Communication at 5.8 percent; Miscellaneous goods and services at 5.4 percent; Recreation and culture at 5.3 percent; Furnishings, household equipment and routine maintenance at 3.8 percent; and Alcoholic beverages and tobacco at 1.24 percent. This page includes a chart with historical data for South Korea Inflation Rate.

source: Korea National Statistical Office

South Korea Retail Sales MoM

Retail Sales in South Korea increased 1.40 percent in March of 2013 over the previous month. Retail Sales MoM in South Korea is reported by the KOSIS. Historically, from 1995 until 2013, South Korea Retail Sales MoM averaged 0.35 Percent reaching an all time high of 5.70 Percent in December of 1995 and a record low of -13.30 Percent in January of 1998. In South Korea, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In South Korea, Retail sales are seasonal, volatile and relatively important to the overall economy. This page includes a chart with historical data for South Korea Retail Sales.

source: KOSIS

South Korea Retail Sales YoY

Retail Sales in South Korea increased 1.70 percent in March of 2013 over the same month in the previous year. Retail Sales YoY in South Korea is reported by the KOSIS. Historically, from 1996 until 2013, South Korea Retail Sales YoY averaged 6.76 Percent reaching an all time high of 19.90 Percent in December of 1999 and a record low of -12.60 Percent in July of 1998. In South Korea, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page includes a chart with historical data for South Korea Annual Retail Sales.

source: KOSIS

South Korea Industrial Production

Industrial Production in South Korea decreased 3 percent in March of 2013 over the same month in the previous year. Industrial Production in South Korea is reported by the Korea National Statistical Office. Historically, from 1976 until 2013, South Korea Industrial Production averaged 9.98 Percent reaching an all time high of 38.80 Percent in July of 1976 and a record low of -25.30 Percent in January of 2009. In South Korea, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page includes a chart with historical data for South Korea Industrial Production.

source: Korea National Statistical Office

South Korea Current Account

South Korea recorded a Current Account surplus of 4978.50 USD Million in March of 2013. Current Account in South Korea is reported by the Bank of Korea. Historically, from 1980 until 2013, South Korea Current Account averaged 790.46 USD Million reaching an all time high of 6906.20 USD Million in November of 2012 and a record low of -3587.60 USD Million in August of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for South Korea Current Account.

source: Bank of Korea

South Korea GDP Annual Growth Rate

The Gross Domestic Product (GDP) in South Korea expanded 1.50 percent in the first quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in South Korea is reported by the Bank of Korea. Historically, from 1971 until 2013, South Korea GDP Annual Growth Rate averaged 7.20 Percent reaching an all time high of 18.20 Percent in September of 1973 and a record low of -7.30 Percent in June of 1998. 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 (around 5.8 percent of GDP); education (5.3 percent of GDP); information and communication (5 percent of GDP); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP. This page includes a chart with historical data for South Korea GDP Annual Growth Rate.

source: Bank of Korea

South Korea GDP Growth Rate

The Gross Domestic Product (GDP) in South Korea expanded 0.90 percent in the first quarter of 2013 over the previous quarter. GDP Growth Rate in South Korea is reported by the Bank of Korea. Historically, from 1970 until 2013, South Korea GDP Growth Rate averaged 1.73 Percent reaching an all time high of 6.80 Percent in March of 1988 and a record low of -7 Percent in March of 1998. South Korea has an export oriented economy. Following the Asian financial crisis in late 90’s, South Korea economy grew at an average 1.1 percent on a quarter over quarter basis, fueled by exports, which account for half of its GDP. South Korea is the world's leading producer of displays and memory semiconductors and the second largest shipbuilding producer. Yet, the high reliance on exports together with a limited domestic market and a rapidly aging population are the main threats to the future growth. This page includes a chart with historical data for South Korea GDP Growth Rate.

source: Bank of Korea

South Korea Government Debt To GDP

South Korea recorded a Government Debt to GDP of 34.80 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in South Korea is reported by the Ministry of Strategy and Finance. Historically, from 1990 until 2012, South Korea Government Debt To GDP averaged 20.09 Percent reaching an all time high of 34.80 Percent in December of 2012 and a record low of 7.99 Percent in December of 1996. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for South Korea Government Debt To GDP.

source: Ministry of Strategy and Finance

South Korea Government Budget

South Korea recorded a Government Budget deficit equal to 1.10 percent of the country's Gross Domestic Product in 2012. Government Budget in South Korea is reported by the Statistics Korea. Historically, from 1988 until 2012, South Korea Government Budget averaged -0.12 Percent of GDP reaching an all time high of 3.47 Percent of GDP in December of 2007 and a record low of -4.10 Percent of GDP in December of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for South Korea Government Budget.

source: Statistics Korea

South Korea Current Account to GDP

South Korea recorded a Current Account surplus of 3.80 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in South Korea is reported by the Bank of Korea. Historically, from 1980 until 2012, South Korea Current Account to GDP averaged 1.20 Percent reaching an all time high of 11.90 Percent in December of 1998 and a record low of -8.30 Percent in December of 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for South Korea Current Account to GDP.

source: Bank of Korea

South Korea Government External Debt

Government External Debt in South Korea decreased to 413437 USD Million in the fourth quarter of 2012 from 419375 USD Million in the third quarter of 2012. Government External Debt in South Korea is reported by the The Bank of Korea. Historically, from 1994 until 2012, South Korea Government External Debt averaged 214912.04 USD Million reaching an all time high of 419375 USD Million in September of 2012 and a record low of 83622 USD Million in December of 1994. This page includes a chart with historical data for South Korea Government External Debt.

source: The Bank of Korea

South Korea External Debt

External Debt in South Korea decreased to 413437 USD Million in the fourth quarter of 2012 from 419375 USD Million in the third quarter of 2012. External Debt in South Korea is reported by the The Bank of Korea. Historically, from 1994 until 2012, South Korea External Debt averaged 214912.04 USD Million reaching an all time high of 419375 USD Million in September of 2012 and a record low of 83622 USD Million in December of 1994. In South Korea, external debt is a part of the total debt that is owed to creditors outside the country. This page includes a chart with historical data for South Korea External Debt.

source: The Bank of Korea

South Korea | Credit Rating

Standard & Poor's credit rating for South Korea stands at A+. Moody's rating for South Korea sovereign debt is Aa3. Fitch's credit rating for South Korea is AA-. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of South Korea thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for South Korea as reported by major credit rating agencies.

source:

South Korea Population

The total population in South Korea was last recorded at 49.8 million people in 2011 from 25.0 million in 1960, changing 99 percent during the last 50 years. Population in South Korea is reported by the World Bank. Historically, from 1960 until 2011, South Korea Population averaged 39.5 Million reaching an all time high of 49.8 Million in December of 2011 and a record low of 25.0 Million in December of 1960. The population of South Korea represents 0.72 percent of the world´s total population which arguably means that one person in every 140 people on the planet is a resident of South Korea. This page includes a chart with historical data for South Korea Population.

source: World Bank

South Korea GDP

The Gross Domestic Product (GDP) in South Korea was worth 1014.48 billion US dollars in 2010. The GDP value of South Korea represents 1.64 percent of the world economy. GDP in South Korea is reported by the The World Bank Group. Historically, from 1960 until 2010, South Korea GDP averaged 277.2 USD Billion reaching an all time high of 1049.2 USD Billion in December of 2007 and a record low of 2.4 USD Billion in December of 1961. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for South Korea GDP.

source: The World Bank Group

South Korea GDP per capita

The Gross Domestic Product per capita in South Korea was last recorded at 16684.21 US dollars in 2011. The GDP per Capita in South Korea is equivalent to 135 percent of the world's average. GDP per capita in South Korea is reported by the World Bank. Historically, from 1960 until 2011, South Korea GDP per capita averaged 6642.0 USD reaching an all time high of 16684.2 USD in December of 2011 and a record low of 1109.9 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for South Korea GDP per capita.

source: World Bank

South Korea GDP per capita PPP

The Gross Domestic Product per capita in South Korea was last recorded at 30205.59 US dollars in 2011, when adjusted by purchasing power parity (PPP). The GDP per Capita, in South Korea, when adjusted by Purchasing Power Parity is equivalent to 137 percent of the world's average. GDP per capita PPP in South Korea is reported by the World Bank. Historically, from 1980 until 2011, South Korea GDP per capita PPP averaged 13871.0 USD reaching an all time high of 30205.6 USD in December of 2011 and a record low of 2376.4 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for South Korea GDP per capita PPP.

source: World Bank

datas from tradingeconomics.com

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