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.

Internet Speed in North Korea increased to 3451.38 KBps in the first quarter of 2014 from 2886.55 KBps in the fourth quarter of 2013. Internet Speed in North Korea averaged 2751.97 KBps from 2007 until 2014, reaching an all time high of 14704.33 KBps in the third quarter of 2011 and a record low of 800.20 KBps in the second quarter of 2008. This page includes a chart with historical data for North KoreaInternet Speed.

IP Addresses in North Korea increased to 130 IP in the first quarter of 2014 from 77 IP in the fourth quarter of 2013. IP Addresses in North Korea averaged 85 IP from 2007 until 2014, reaching an all time high of 261 IP in the first quarter of 2013 and a record low of 28 IP in the fourth quarter of 2007. This page includes a chart with historical data for North KoreaIP Addresses.

Precipitation in North Korea decreased to 12.52 mm in December from 59.35 mm in November of 2015. Precipitation in North Korea averaged 87.13 mm from 1901 until 2015, reaching an all time high of 459.86 mm in July of 2013 and a record low of 1.20 mm in February of 1905. This page includes a chart with historical data for North Korea Average Precipitation.

Temperature in North Korea decreased to -6.81 celsius in December from -0.33 celsius in November of 2015. Temperature in North Korea averaged 6.74 celsius from 1839 until 2015, reaching an all time high of 23.95 celsius in July of 1994 and a record low of -14.39 celsius in January of 1922. This page includes a chart with historical data for North Korea Average Temperature.

North Korea recorded a trade deficit of 1688 USD Million in 2017. Balance of Trade in North Korea averaged -979.76 USD Million from 2001 until 2017, reaching an all time high of -216.60 USD Million in 2007 and a record low of -2062.20 USD Million in 2008. This page provides - North Korea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in North Korea decreased to 1844.50 USD Million in 2017 from 2913.73 USD Million in 2016. Exports in North Korea averaged 2224.69 USD Million from 2001 until 2017, reaching an all time high of 3628.45 USD Million in 2013 and a record low of 972.43 USD Million in 2001. North Korea exports mainly commodities like coal and iron ore and textiles. China is the main trading partner. This page provides - North Korea Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in North Korea increased to 3532.51 USD Million in 2017 from 3139.48 USD Million in 2016. Imports in North Korea averaged 3204.45 USD Million from 2001 until 2017, reaching an all time high of 4373.83 USD Million in 2013 and a record low of 1609.59 USD Million in 2003. This page provides - North Korea Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Agriculture in North Korea decreased to 7049.40 KPW Billion in 2017 from 7144.10 KPW Billion in 2016. Gdp From Agriculture in North Korea averaged 6143.70 KPW Billion from 1990 until 2017, reaching an all time high of 7144.10 KPW Billion in 2016 and a record low of 4980.10 KPW Billion in 1997. This page provides - North Korea Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Construction in North Korea decreased to 2494 KPW Billion in 2017 from 2608.70 KPW Billion in 2016. Gdp From Construction in North Korea averaged 2434.38 KPW Billion from 1990 until 2017, reaching an all time high of 3494.90 KPW Billion in 1990 and a record low of 1480 KPW Billion in 1998. This page provides - North Korea Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Manufacturing in North Korea decreased to 6196.60 KPW Billion in 2017 from 6657.90 KPW Billion in 2016. Gdp From Manufacturing in North Korea averaged 6884.19 KPW Billion from 1990 until 2017, reaching an all time high of 11834.90 KPW Billion in 1990 and a record low of 5434.90 KPW Billion in 1998. This page provides - North Korea Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Mining in North Korea decreased to 4265.50 KPW Billion in 2017 from 4790.40 KPW Billion in 2016. Gdp From Mining in North Korea averaged 4259.86 KPW Billion from 1990 until 2017, reaching an all time high of 5732 KPW Billion in 1990 and a record low of 3084 KPW Billion in 1998. This page provides - North Korea Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Public Administration in North Korea increased to 6958.40 KPW Billion in 2017 from 6904.40 KPW Billion in 2016. Gdp From Public Administration in North Korea averaged 6523.42 KPW Billion from 1990 until 2017, reaching an all time high of 6958.40 KPW Billion in 2017 and a record low of 5668.90 KPW Billion in 1990. This page provides - North Korea Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Services in North Korea increased to 9608.80 KPW Billion in 2017 from 9561.60 KPW Billion in 2016. Gdp From Services in North Korea averaged 8866.31 KPW Billion from 1990 until 2017, reaching an all time high of 9608.80 KPW Billion in 2017 and a record low of 7877.30 KPW Billion in 1990. This page provides - North Korea Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Transport in North Korea decreased to 730.90 KPW Billion in 2017 from 762.80 KPW Billion in 2016. Gdp From Transport in North Korea averaged 753.11 KPW Billion from 2010 until 2017, reaching an all time high of 764.40 KPW Billion in 2015 and a record low of 730.90 KPW Billion in 2017. This page provides - North Korea Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Utilities in North Korea decreased to 1157.30 KPW Billion in 2017 from 1192.50 KPW Billion in 2016. Gdp From Utilities in North Korea averaged 1063.75 KPW Billion from 1990 until 2017, reaching an all time high of 1318.70 KPW Billion in 1990 and a record low of 815 KPW Billion in 1998. This page provides - North Korea Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp Constant Prices in North Korea decreased to 30882.30 KPW Billion in 2017 from 31996.60 KPW Billion in 2016. Gdp Constant Prices in North Korea averaged 29447.79 KPW Billion from 1990 until 2017, reaching an all time high of 35026.90 KPW Billion in 1990 and a record low of 24912.40 KPW Billion in 1998. This page provides - North Korea Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Production in North Korea decreased to 0.30 Ten Thousand Units in 2017 from 0.40 Ten Thousand Units in 2016. Car Production in North Korea averaged 0.62 Ten Thousand Units from 1990 until 2017, reaching an all time high of 1.30 Ten Thousand Units in 1990 and a record low of 0.30 Ten Thousand Units in 2017. This page provides - North Korea Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cement Production in North Korea decreased to 6838 Thousands of Tonnes in 2017 from 7077 Thousands of Tonnes in 2016. Cement Production in North Korea averaged 5465.36 Thousands of Tonnes from 1990 until 2017, reaching an all time high of 7077 Thousands of Tonnes in 2016 and a record low of 3150 Thousands of Tonnes in 1998. This page provides - North Korea Cement Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in North Korea decreased to 1090 Thousand Tonnes in 2017 from 1218 Thousand Tonnes in 2016. Steel Production in North Korea averaged 1387.86 Thousand Tonnes from 1990 until 2017, reaching an all time high of 3364 Thousand Tonnes in 1990 and a record low of 945 Thousand Tonnes in 1998. This page provides - North Korea Steel Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in North Korea decreased 6.90 percent in December of 2017 over the same month in the previous year. Manufacturing Production in North Korea averaged 1.43 percent from 1991 until 2017, reaching an all time high of 24.10 percent in 2008 and a record low of -16.70 percent in 1992. This page provides - North Korea Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in North Korea remained unchanged at 70.50 percent in 2017 from 70.50 percent in 2016. Labor Force Participation Rate in North Korea averaged 81.14 percent from 1990 until 2017, reaching an all time high of 84.30 percent in 1991 and a record low of 70.50 percent in 2016. This page provides - North Korea Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in North Korea increased to 14103 Thousand in 2017 from 14002 Thousand in 2016. Employed Persons in North Korea averaged 13547.04 Thousand from 1991 until 2017, reaching an all time high of 17371 Thousand in 2012 and a record low of 12121 Thousand in 1991. This page provides - North Korea Employed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Weapons Sales in North Korea decreased to 5 USD Million in 2014 from 26 USD Million in 2010. Weapons Sales in North Korea averaged 69.40 USD Million from 1974 until 2014, reaching an all time high of 250 USD Million in 1984 and a record low of 4 USD Million in 1991. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

The Gross Domestic Product (GDP) in North Korea contracted 4.10 percent in 2018 from the previous year. GDP Annual Growth Rate in North Korea averaged -0.61 percent from 1990 until 2018, reaching an all time high of 6.10 percent in 1999 and a record low of -6.50 percent in 1997. In 2015, the services sector accounted for 32.2 percent of total GDP, with government services reaching 23.3 percent. The agricultural sector recorded the second largest share (21.6 percent), followed by manufacturing (20.4 percent); mining (12.2 percent); construction (9 percent) and electricity, gas and water supply (4.5 percent), according to estimates from the central bank of South Korea. This page provides - North Korea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in North Korea remained unchanged at 0 in 2018 from 0 in 2017. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Industrial Production in North Korea decreased 3.10 percent in 2015 over the previous year. Industrial Production in North Korea averaged 2.91 percent from 1991 until 2015, reaching an all time high of 10 percent in 2008 and a record low of -3.10 percent in 2015. Industrial Production in North Korea is reported by the North Korea Statistics. . This page provides - North Korea Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in North Korea remained unchanged at 74.20 percent in 2015 from 74.20 percent in 2014. Employment Rate in North Korea averaged 76.64 percent from 1991 until 2015, reaching an all time high of 80.40 percent in 1994 and a record low of 74.20 percent in 2013. Employment Rate in North Korea is reported by the International Labour Organization (ILO). . This page provides - North Korea Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in North Korea was recorded at 55 percent in July of 2013. Inflation Rate in North Korea averaged 551.36 percent from 2010 until 2013, reaching an all time high of 4376 percent in August of 2010 and a record low of 30 percent in January of 2012. Inflation Rate in North Korea is reported by the Daily NK. This page provides - North Korea Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

North Korea scored 17 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in North Korea averaged 11.33 Points from 2011 until 2019, reaching an all time high of 17 Points in 2017 and a record low of 8 Points in 2012. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - North Korea Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

North Korea is the 172 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in North Korea averaged 173.89 from 2011 until 2019, reaching an all time high of 182 in 2011 and a record low of 167 in 2015. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - North Korea Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in North Korea remained unchanged at 3.30 percent in 2019 from 3.30 percent in 2018. Unemployment Rate in North Korea averaged 3.80 percent from 1991 until 2019, reaching an all time high of 4.30 percent in 1999 and a record low of 3.30 percent in 2008. This page provides - North Korea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in North Korea stands at 15 percent. In North 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 North Korea. This page provides - North Korea Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in North Korea was estimated at 25.7 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, North Korea had a population of 11.4 million people. This page provides - North Korea Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in North Korea was worth 18 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of North Korea represents 0.01 percent of the world economy. GDP in North Korea averaged 11.79 USD Billion from 1970 until 2019, reaching an all time high of 18 USD Billion in 2019 and a record low of 4.85 USD Billion in 1995. This page provides - North Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.