The current value of the Gross National Product in South Korea is 481.53 T KRW. The Gross National Product in South Korea increased to 481.53 T KRW on 9/1/2023, after it was 471.514 T KRW on 6/1/2023. From 3/1/1960 to 12/1/2023, the average GDP in South Korea was 183.3 T KRW. The all-time high was reached on 12/1/2023 with 504.53 T KRW, while the lowest value
The current value of the Manufacturing Purchasing Managers'' Index (PMI) in South Korea is 51.6 Points. The Manufacturing Purchasing Managers'' Index (PMI) in South Korea increased to 51.6 Points on 5/1/2024, after it was 49.4 Points on 4/1/2024. From 5/1/2011 to 6/1/2024, the average GDP in South Korea was 49.58 Points. The all-time high was reached on 2/1/2021 with 55.3
The current value of the Electricity Production in South Korea is 23,784.663 Gigawatt-hour. The Electricity Production in South Korea increased to 23,784.663 Gigawatt-hour on 3/1/2024, after it was 22,710.713 Gigawatt-hour on 2/1/2024. From 1/1/2006 to 4/1/2024, the average GDP in South Korea was 20,810.38 Gigawatt-hour. The all-time high was reached on 1/1/2022 with
The current value of the Gross Domestic Product (GDP) per Capita in South Korea is 33,690.38 USD. The Gross Domestic Product (GDP) per Capita in South Korea increased to 33,690.38 USD on 1/1/2022, after it was 32,771.07 USD on 1/1/2021. From 1/1/1960 to 1/1/2023, the average GDP in South Korea was 13,355.98 USD. The all-time high was reached on 1/1/2023 with
Japan is reshaping its liquefied natural gas (LNG) procurement strategy by expanding cooperation with South Korea and Italy. The goal of this initiative is to increase flexibility and strengthen the energy security of the country, which is one of the largest importers of this super-cold gas.
The current value of the Export Prices Year-over-Year (YoY) in South Korea is 13 %. The Export Prices Year-over-Year (YoY) in South Korea increased to 13 % on 7/1/2024, after it was 12.1 % on 6/1/2024. From 1/1/1972 to 8/1/2024, the average GDP in South Korea was 4.08 %. The all-time high was reached on 1/1/1998 with 75.4 %, while the lowest value was recorded on
The current value of the Mining Production in South Korea is 14.2 %. The Mining Production in South Korea increased to 14.2 % on 12/1/2023, after it was 3.7 % on 11/1/2023. From 1/1/1976 to 4/1/2024, the average GDP in South Korea was -1.25 %. The all-time high was reached on 7/1/1999 with 43.1 %, while the lowest value was recorded on 10/1/1998 with -36 %.
The current value of the Wages in South Korea is 4.609 M KRW/Month. The Wages in South Korea increased to 4.609 M KRW/Month on 3/1/2024, after it was 4.34 M KRW/Month on 12/1/2023. From 3/1/2008 to 6/1/2024, the average GDP in South Korea was 3.43 M KRW/Month. The all-time high was reached on 3/1/2024 with 4.61 M KRW/Month, while the lowest value
Inflation in South Korea unexpectedly fell to 1.6% in September, compared to 2% in August—the lowest level since early 2021. This puts it below the central bank''s mid-term target of 2%. Since its last meeting in August, the Bank of Korea has focused more on economic growth after it unexpectedly declined in the last quarter.
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South Korea is a major energy importer, importing nearly all of its oil needs and ranking as the second-largest importer of liquefied natural gas in the world. Electricity generation in the country mainly comes from conventional thermal
South Korea and Malaysia signed a landmark agreement on Monday, providing for closer cooperation in supplying critical minerals from Malaysian reserves. The goal is to strengthen the defense industry as Malaysia plans to modernize its air force.
The current value of the Money Supply M2 in South Korea is 3.987 TT KRW. The Money Supply M2 in South Korea decreased to 3.987 TT KRW on 4/1/2024, after it was 4.006 TT KRW on 3/1/2024. From 1/1/1970 to 5/1/2024, the average GDP in South Korea was 943.54 T KRW. The all-time high was reached on 5/1/2024 with 4.02 TT KRW, while the lowest value
A dramatic episode from South Korea is developing into a domestic political crisis: President Yoon Suk Yeol''s attempt to bring the country under control through hastily declared martial law failed due to organizational shortcomings and lack of support from the military. A logistical mishap proved to be the decisive stumbling block for Yoon''s ambitious
The South Korean government responded promptly to provide stability to the country''s turbulent financial markets following President Yoon Suk Yeol''s failed attempt to declare martial law, which brought significant political uncertainties. Kim Byung-hwan, head of South Korea''s top financial regulatory authority, stated that the government was ready to activate a
The South Korean government is sending a strong signal to calm the financial markets, announcing "unlimited" liquidity injections if necessary. This measure follows the surprising lifting of martial law by President Yoon Suk Yeol, which had been imposed overnight and pushed the won to multi-year lows.
The current value of the Tourist Arrivals in South Korea is 1.492 M . The Tourist Arrivals in South Korea increased to 1.492 M on 3/1/2024, after it was 1.03 M on 2/1/2024. From 1/1/1993 to 4/1/2024, the average GDP in South Korea was 644,247.82 . The all-time high was reached on 7/1/2016 with 1.7 M, while the lowest value was recorded on 4/1/2020 with 29,415 .
The current value of the Interbank Rate in South Korea is 3.593 %. The Interbank Rate in South Korea increased to 3.593 % on 6/1/2024, after it was 3.588 % on 5/1/2024. From 7/26/2004 to 7/1/2024, the average GDP in South Korea was 2.77 %. The all-time high was reached on 10/24/2008 with 6.14 %, while the lowest value was recorded on 8/18/2020 with 0.57 %.
An unexpected political bombshell left South Korea stunned: President Yoon Suk Yeol announced martial law in an unannounced live broadcast, only to backtrack a few hours later. This drastic measure initially led to confusion over the exact implementation details.
The current value of the Minimum Wages in South Korea is 9,620 KRW/Hour. The Minimum Wages in South Korea increased to 9,620 KRW/Hour on 1/1/2023, after it was 9,160 KRW/Hour on 1/1/2022. From 1/1/1989 to 1/1/2024, the average GDP in South Korea was 3,951.94 KRW/Hour. The all-time high was reached on 1/1/2023 with 9,620 KRW/Hour, while
South Korea''s heavily export-oriented economy is currently under more pressure from Donald Trump''s trade policy than from domestic political crises, said Bank of Korea Governor Rhee Chang-yong in an interview with the Financial Times. Despite delays in "critical structural reforms" due to President Yoon Suk Yeol''s failed attempt to impose martial law,
The political scene in South Korea recently experienced turbulent times when President Yoon Suk Yeol temporarily declared martial law, only to withdraw it shortly afterward. This political exchange had an immediate impact on the country''s financial markets. The stock exchange in South Korea recorded a noticeable decline.
The current value of the Wages in Manufacturing in South Korea is 4.865 M KRW/Month. The Wages in Manufacturing in South Korea increased to 4.865 M KRW/Month on 9/1/2023, after it was 4.374 M KRW/Month on 6/1/2023. From 3/1/2008 to 12/1/2023, the average GDP in South Korea was 3.7 M KRW/Month. The all-time high was reached on 3/1/2023 with
The undertaking underscores the commitment to South Korea''s green energy goals and the transition to sustainable energy sources. Additionally, KF Wind received approval for environmental impact assessments from the Ministry of Environment, Trade, and Industry in August 2024. In September, the geotechnical exploration for the East Blue Power
The current value of the Gross Domestic Product (GDP) from Manufacturing in South Korea is 151.598 T KRW. The Gross Domestic Product (GDP) from Manufacturing in South Korea increased to 151.598 T KRW on 3/1/2024, after it was 150.174 T KRW on 12/1/2023. From 3/1/1960 to 6/1/2024, the average GDP in South Korea was 47.94 T KRW. The all-time high
5 天之前· The compensation program was set up as a direct market intervention from the government, which will purchase a fixed amount of hydrogen (or ammonia) derived electricity
The current value of the Current Account in South Korea is 6.86 B USD. The Current Account in South Korea increased to 6.86 B USD on 2/1/2024, after it was 3.046 B USD on 1/1/2024. From 1/1/1980 to 4/1/2024, the average GDP in South Korea was 1.93 B USD. The all-time high was reached on 6/1/2016 with 12.41 B USD, while the lowest value was recorded on 1/1/2023 with
Discover on Eulerpool a comprehensive overview of all macroeconomic data for South Korea. Our data encompass categories such as money, Gross Domestic Product (GDP), prices, business, trade, government, labor, and energy. Gain detailed insights into the economic situation and development of South Korea. Visit us for precise and up-to-date information.
The current value of the Inflation Expectations in South Korea is 2.8 %. The Inflation Expectations in South Korea decreased to 2.8 % on 9/1/2024, after it was 2.9 % on 8/1/2024. From 2/1/2002 to 10/1/2024, the average GDP in South Korea was 3.12 %. The all-time high was reached on 7/1/2022 with 4.7 %, while the lowest value was recorded on 5/1/2020 with 1.6 %.
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South Korea is a major energy importer, importing nearly all of its oil needs and ranking as the second-largest importer of liquefied natural gas in the world. Electricity generation in the country mainly comes from conventional thermal power, which accounts for more than two thirds of production, and from nuclear power.
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