Terms of Trade in South Korea increased to 92 points in February from 89.70 points in January of 2020. Terms of Trade in South Korea averaged 145.30 points from 1990 until 2020, reaching an all time high of 228.10 points in March of 1992 and a record low of 82.90 points in March of 2012. In South Korea, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - South Korea Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in South Korea expanded 1.30 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in South Korea averaged 7.26 percent from 1961 until 2020, reaching an all time high of 20.80 percent in the fourth quarter of 1969 and a record low of -7.30 percent in the second quarter 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 (6 percent ); education (5.3 percent); information and communication (5 percent); 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 provides - South Korea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in South Korea decreased to 460970.30 KRW Billion in the first quarter of 2020 from 467045.10 KRW Billion in the fourth quarter of 2019. GDP Constant Prices in South Korea averaged 158451.11 KRW Billion from 1960 until 2020, reaching an all time high of 467045.10 KRW Billion in the fourth quarter of 2019 and a record low of 6626.29 KRW Billion in the first quarter of 1960. This page provides - South Korea GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in South Korea decreased to 139026 in March from 205595 in February of 2020. Car Registrations in South Korea averaged 104184.91 from 2001 until 2020, reaching an all time high of 205595 in February of 2020 and a record low of 49944 in December of 2003. This page provides the latest reported value for - South Korea New Car Registrations - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Employees in South Korea stands at 8.98 percent. Social Security Rate For Employees in South Korea averaged 7.75 percent from 2000 until 2020, reaching an all time high of 8.98 percent in 2020 and a record low of 6.70 percent in 2001. In South Korea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Employees are an important source of income for the government of South Korea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - South Korea Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Economic Optimism Index in South Korea decreased to 56 Net Balance in April from 64 Net Balance in March of 2020. Economic Optimism Index in South Korea averaged 99.12 Net Balance from 2003 until 2020, reaching an all time high of 117 Net Balance in March of 2006 and a record low of 55 Net Balance in December of 2008. In South Korea, The Economic Sentiment Index (ESI) is a composite of the BSI (Business Survey Index) and the CSI (Consumer Survey Index). The index is compiled to comprehensively grasp the private sector perception of economic conditions, including the sentiments of both businesses and consumers. An ESI reading above 100 is interpreted as meaning that economic sentiment in the private sector, including that of both businesses and consumers, is on a level better than past averages (and vice versa when the reading is below 100), since the ESI is constructed so that it is distributed around a long-term mean of 100 and a standard deviation of 10. This page provides - South Korea Economic Optimism Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in South Korea increased 7.60 percent in March of 2020 over the same month in the previous year. Manufacturing Production in South Korea averaged 8.77 percent from 1976 until 2020, reaching an all time high of 40.80 percent in January of 2010 and a record low of -26.60 percent in January of 2009. Manufacturing accounts for as much as a third of South Korea’s GDP and is dominated by the conglomerates known as chaebols. This page provides - South Korea Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in South Korea decreased to 104.95 points in April from 105.54 points in March of 2020. Consumer Price Index CPI in South Korea averaged 49.83 points from 1965 until 2020, reaching an all time high of 105.80 points in February of 2020 and a record low of 2.63 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 provides the latest reported value for - South Korea Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Construction output in South Korea increased 1.50 percent in March of 2020 over the same month in the previous year. Construction Output in South Korea averaged 1.62 percent from 1998 until 2020, reaching an all time high of 26.40 percent in November of 2016 and a record low of -30.50 percent in August of 1998. In South Korea, construction output refers to year over year change in the value of construction completed including building construction and civil engineering. This page provides - South Korea Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in South Korea increased to 104.45 Tonnes in the fourth quarter of 2019 from 104.40 Tonnes in the third quarter of 2019. Gold Reserves in South Korea averaged 49.08 Tonnes from 2000 until 2019, reaching an all time high of 104.45 Tonnes in the fourth quarter of 2019 and a record low of 13 Tonnes in the fourth quarter of 2006. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - South Korea Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in South Korea decreased to 255204.60 KRW Billion in the first quarter of 2020 from 260084.80 KRW Billion in the fourth quarter of 2019. GDP From Services in South Korea averaged 87393.37 KRW Billion from 1960 until 2020, reaching an all time high of 260084.80 KRW Billion in the fourth quarter of 2019 and a record low of 4114.30 KRW Billion in the third quarter of 1960. This page provides the latest reported value for - South Korea Gdp From Services - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tourism Revenues in South Korea decreased to 729800 USD Million in March from 1147500 USD Million in February of 2020. Tourism Revenues in South Korea averaged 840251.49 USD Million from 1995 until 2020, reaching an all time high of 2227900 USD Million in March of 2019 and a record low of 326500 USD Million in June of 2003. In South Korea, Tourism Revenues refers to the amount of expenditure that international visitor pays for goods and services in the country. This page provides - South Korea Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in South Korea stands at 42 percent. Personal Income Tax Rate in South Korea averaged 37.19 percent from 2004 until 2019, reaching an all time high of 42 percent in 2018 and a record low of 35 percent in 2005. In South Korea, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of South Korea. This page provides - South Korea Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports to South Korea in France decreased to 341 EUR Million in March from 465 EUR Million in February of 2020. Exports to South Korea in France averaged 398.63 EUR Million from 2014 until 2020, reaching an all time high of 661 EUR Million in June of 2015 and a record low of 228 EUR Million in July of 2015. This page includes a chart with historical data for France Exports to South Korea.

Imports from South Korea in France decreased to 280 EUR Million in March from 352 EUR Million in February of 2020. Imports from South Korea in France averaged 292.07 EUR Million from 2014 until 2020, reaching an all time high of 435 EUR Million in August of 2019 and a record low of 206 EUR Million in October of 2014. This page includes a chart with historical data for France Imports from South Korea.

GDP From Construction in South Korea increased to 22365 KRW Billion in the first quarter of 2020 from 22159.70 KRW Billion in the fourth quarter of 2019. GDP From Construction in South Korea averaged 10544.65 KRW Billion from 1960 until 2020, reaching an all time high of 23837.40 KRW Billion in the first quarter of 2017 and a record low of 279.27 KRW Billion in the fourth quarter of 1960. This page provides the latest reported value for - South Korea Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

South Korea recorded a capital and financial account surplus of 5750.30 USD Million in March of 2020. Capital Flows in South Korea averaged 1716.37 USD Million from 1980 until 2020, reaching an all time high of 12350.90 USD Million in May of 2013 and a record low of -3406.90 USD Million in March of 2011. In South Korea, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page provides - South Korea Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in South Korea decreased to 123745.40 KRW Billion in the first quarter of 2020 from 125987.10 KRW Billion in the fourth quarter of 2019. GDP From Manufacturing in South Korea averaged 37552.66 KRW Billion from 1960 until 2020, reaching an all time high of 125987.10 KRW Billion in the fourth quarter of 2019 and a record low of 297.74 KRW Billion in the second quarter of 1960. This page provides the latest reported value for - South Korea Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Public Administration in South Korea increased to 27295.60 KRW Billion in the fourth quarter of 2019 from 27110.10 KRW Billion in the third quarter of 2019. GDP From Public Administration in South Korea averaged 10536.91 KRW Billion from 1960 until 2019, reaching an all time high of 27295.60 KRW Billion in the fourth quarter of 2019 and a record low of 1673.48 KRW Billion in the third quarter of 1961. This page provides the latest reported value for - South Korea Gdp From Public Administration - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Credit in South Korea increased to 1600132.20 KRW Billion in the fourth quarter of 2019 from 1572659.90 KRW Billion in the third quarter of 2019. Consumer Credit in South Korea averaged 686622.85 KRW Billion from 1995 until 2019, reaching an all time high of 1600132.20 KRW Billion in the fourth quarter of 2019 and a record low of 142746.90 KRW Billion in the fourth quarter of 1995. This page provides - South Korea Credit to Households - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in South Korea decreased to 101.77 points in the fourth quarter of 2019 from 105.20 points in the third quarter of 2019. GDP Deflator in South Korea averaged 48.39 points from 1960 until 2019, reaching an all time high of 106.94 points in the third quarter of 2018 and a record low of 0.79 points in the first quarter of 1960. This page provides - South Korea GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in South Korea expanded 1.20 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in South Korea averaged 1.78 percent from 1960 until 2019, reaching an all time high of 7.80 percent in the fourth quarter of 1970 and a record low of -7 percent in the first quarter of 1998. South Korea has an export oriented economy and is the world's leading producer of displays and memory semiconductors and the second largest producer of ships. Services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); 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 provides - South Korea GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction Orders in South Korea increased to 5197238 KRW Million in March from 4375785 KRW Million in February of 2020. Construction Orders in South Korea averaged 2024398.76 KRW Million from 1976 until 2020, reaching an all time high of 12583186 KRW Million in December of 2019 and a record low of 23 KRW Million in January of 1977. In South Korea, data refer to the value of construction orders received for dwellings building activity at current prices. This page provides - South Korea Construction Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in South Korea decreased to 78.40 points in March from 96.90 points in February of 2020. Consumer Confidence in South Korea averaged 100.62 points from 1998 until 2020, reaching an all time high of 121.50 points in October of 2009 and a record low of 67.70 points 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 provides the latest reported value for - South Korea Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in South Korea decreased to 102.90 points in March from 103.74 points in February of 2020. Producer Prices in South Korea averaged 58.90 points from 1965 until 2020, reaching an all time high of 107.95 points in April of 2012 and a record low of 5.03 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 provides the latest reported value for - South Korea Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Productivity in South Korea increased to 115.80 points in the fourth quarter of 2019 from 110.10 points in the third quarter of 2019. Productivity in South Korea averaged 89.58 points from 2000 until 2019, reaching an all time high of 115.80 points in the fourth quarter of 2019 and a record low of 53.50 points in the first quarter of 2000. In South Korea, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - South Korea Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Korea recorded a trade surplus of 5037 USD Million in March of 2020. Balance of Trade in South Korea averaged 1104.05 USD Million from 1966 until 2020, reaching an all time high of 13419.36 USD Million in September of 2017 and a record low of -4043.46 USD Million in January of 2008. 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 Hong Kong protests. This page provides the latest reported value for - South Korea Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Companies in South Korea stands at 9.96 percent. Social Security Rate For Companies in South Korea averaged 9.67 percent from 2000 until 2020, reaching an all time high of 10.40 percent in 2016 and a record low of 8.50 percent in 2003. In South Korea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of South Korea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - South Korea Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Korea is ranked 5 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of South Korea remained unchanged at 5 in 2019 from 5 in 2018. Ease of Doing Business in South Korea averaged 8.75 from 2008 until 2019, reaching an all time high of 23 in 2008 and a record low of 4 in 2014. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in South Korea.

Asylum Applications in South Korea decreased to 839 Persons in September from 1059 Persons in August of 2018. Asylum Applications in South Korea averaged 205.56 Persons from 1999 until 2018, reaching an all time high of 2260 Persons in May of 2018 and a record low of 1 Persons in April of 1999. In South Korea, asylum applications refer to persons whose application is pending at any stage in the asylum process. It is a monthly estimate based on annual figures. This page provides - South Korea Asylum Applications- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in South Korea decreased to 210041.30 KRW Billion in the first quarter of 2020 from 223925.40 KRW Billion in the fourth quarter of 2019. Consumer Spending in South Korea averaged 85985.95 KRW Billion from 1960 until 2020, reaching an all time high of 223925.40 KRW Billion in the fourth quarter of 2019 and a record low of 6809.67 KRW Billion in the first quarter of 1960. This page provides - South Korea Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in South Korea increased to 79428.70 KRW Billion in the first quarter of 2020 from 78781.50 KRW Billion in the fourth quarter of 2019. Government Spending in South Korea averaged 24515.87 KRW Billion from 1960 until 2020, reaching an all time high of 79428.70 KRW Billion in the first quarter of 2020 and a record low of 2742.81 KRW Billion in the third quarter of 1961. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - South Korea Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in South Korea decreased to 83497 in March from 685212 in February of 2020. Tourist Arrivals in South Korea averaged 678030.86 from 1993 until 2020, reaching an all time high of 1703495 in July of 2016 and a record low of 83497 in March of 2020. This page provides - South Korea Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The KOSPI gained 17.21 points or 0.89% to 1945.82 on Friday, tracking its Asian peers as China finalised rules that would scrap quotas under two major inbound investment schemes, giving qualified foreign institutions unlimited access to Chinese stocks and bonds in the latest step to open the country’s financial industry. Meantime, US and China trade negotiators agreed that 'good progress' is being made on creating governmental infrastructures to make phase one agreement a success, with both parties expecting to meet obligations under the agreement in a timely manner. Finally, South Korea reported 12 new coronavirus cases on Friday, bringing the national tally to 10,822. For the week, the KOSPI lost 0.1%. Historically, the South Korea Stock Market (KOSPI) reached an all time high of 2607.10 in January of 2018. The Korea Stock Exchange Composite KOSPI is a major stock market index which tracks the performance of all common shares listed on the Korean Stock Exchange. It is a capitalization-weighted index. The KOSPI Index has a base value of 100 as of January 4, 1980. The KOSPI is a major stock market index which tracks the performance of large companies based in South Korea.

Leading Economic Index in South Korea decreased to 118.50 points in March from 119.10 points in February of 2020. Leading Economic Index in South Korea averaged 46.69 points from 1970 until 2020, reaching an all time high of 119.10 points in February of 2020 and a record low of 4.40 points in January of 1970. In South Korea, Leading Composite Index examines the overall economic situation, predicting the direction and speed of a turning point in the economy. The index integrates a set of selected major indices that reflect each part of economy: opening-to-application ratio, inventory circulation indicator, consumer expectation index, machinery orders received, import of capital goods, construction orders received, stock price index, total liquidity, interest rate spread, 3-year treasury bonds less call rate, net barter terms of trade. The index has a base value of 100 as of 2010. This page provides - South Korea Leading Economic Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retirement Age Men in South Korea remained unchanged at 60 in 2019 from 60 in 2018. Retirement Age Men in South Korea averaged 56.36 from 2009 until 2019, reaching an all time high of 60 in 2017 and a record low of 55 in 2010. This page provides - South Korea Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in South Korea decreased to 62.20 percent in March from 62.60 percent in February of 2020. Labor Force Participation Rate in South Korea averaged 60.98 percent from 1982 until 2020, reaching an all time high of 64.20 percent in June of 2019 and a record low of 48.50 percent in January of 1984. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - South Korea Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in South Korea decreased to 8354.70 KRW Billion in the first quarter of 2020 from 8402.70 KRW Billion in the fourth quarter of 2019. GDP From Agriculture in South Korea averaged 5175.43 KRW Billion from 1960 until 2020, reaching an all time high of 8635.10 KRW Billion in the fourth quarter of 2014 and a record low of 1627.32 KRW Billion in the first quarter of 1960. This page provides the latest reported value for - South Korea Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in South Korea increased to 403982.30 USD Million in April from 400210 USD Million in March of 2020. Foreign Exchange Reserves in South Korea averaged 117675.51 USD Million from 1971 until 2020, reaching an all time high of 409652.60 USD Million in January of 2020 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 provides the latest reported value for - South Korea Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Women in South Korea remained unchanged at 60 in 2019 from 60 in 2018. Retirement Age Women in South Korea averaged 56.36 from 2009 until 2019, reaching an all time high of 60 in 2017 and a record low of 55 in 2010. This page provides - South Korea Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in South Korea decreased to 1.51 percent in February from 1.62 percent in January of 2020. Deposit Interest Rate in South Korea averaged 5.07 percent from 1980 until 2020, reaching an all time high of 19.50 percent in December of 1980 and a record low of 1.37 percent in August of 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in South Korea.

The Sales Tax Rate in South Korea stands at 10 percent. In South Korea, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of South Korea. This page provides - South Korea Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in South Korea stands at 18.94 percent. Social Security Rate in South Korea averaged 17.42 percent from 2000 until 2020, reaching an all time high of 18.94 percent in 2020 and a record low of 15.30 percent in 2002. In South Korea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of South Korea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - South Korea Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in South Korea increased to 5776.08 Thousand Tonnes in March from 5380 Thousand Tonnes in February of 2020. Steel Production in South Korea averaged 3446.89 Thousand Tonnes from 1980 until 2020, reaching an all time high of 6405.68 Thousand Tonnes in March of 2014 and a record low of 650 Thousand Tonnes in February of 1980. This page has Steel Production values for South Korea.

South Korea recorded a Current Account surplus of 6230 USD Million in March of 2020. Current Account in South Korea averaged 1653.49 USD Million from 1900 until 2020, reaching an all time high of 12409.70 USD Million in June of 2016 and a record low of -3845 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 provides the latest reported value for - South Korea Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

New Orders in South Korea increased to 6856782 KRW Million in March from 6469615 KRW Million in February of 2020. New Orders in South Korea averaged 3714088.69 KRW Million from 1979 until 2020, reaching an all time high of 14895263 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 provides - South Korea New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in South Korea was last recorded at 30.3 percent of GDP in 2017 . Government Spending To GDP in South Korea averaged 25.02 percent from 1970 until 2017, reaching an all time high of 34.90 percent in 2009 and a record low of 18.60 percent in 1973. This page provides - South Korea Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Coincident Index in South Korea decreased to 112.10 points in March from 113.30 points in February of 2020. Coincident Index in South Korea averaged 47.40 points from 1970 until 2020, reaching an all time high of 113.80 points in January of 2020 and a record low of 4.30 points in February of 1970. The Coincident index is a composite index of business indicators. It consists of the following components: amount of Labour Input, Industrial Production Index, Operation Ratio Index (Mfg.), Producers Shipment Index, Electric Power Consumption (Mfg.), Wholesale and Retail Sale Index, - Producers Shipment Index (Non-durable Consumer Goods), Domestic Cement Consumption, Exports, Imports. This page provides - South Korea Coincident Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Korea Liquidity Adjustment Loans Rate was at 1.75 percent on Friday May 8. Lending Rate in South Korea averaged 2.22 percent from 2019 until 2020, reaching an all time high of 2.50 percent in August of 2019 and a record low of 1.75 percent in March of 2020. This page provides - South Korea Liquidity Adjustment Loans Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in South Korea decreased to 101.50 points in the fourth quarter of 2019 from 111.40 points in the third quarter of 2019. Labour Costs in South Korea averaged 91.37 points from 2008 until 2019, reaching an all time high of 129.90 points in the first quarter of 2019 and a record low of 69 points in the second quarter of 2010. This page provides - South Korea Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.