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Solid Economic Fundamentals

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The Sound Economy of Korea

Korea has the world’s 10th largest economy, with a value of approximately USD 1.8 trillion. Also, Korea’s economic fundamentals are solid, with its trading volume ranking 8th as of 2021, and with the 9th largest foreign exchange reserves as of end-June 2022 in the world.
The country’s stable economy continues to support business management and growth. According to the International Monetary Fund (IMF), Korea’s economic growth rate is forecast at 2.3% in 2022.
Please refer to the information below Please refer to the information below
  • Trade Volume USD 1.68 T (2019) 8위
  • Trade Balance USD 37.7 B (2019) 5위
  • GDP USD 1.63 T (2019) 12위
  • Number of Listed Companies 2,204 (2019) 8위
  • Foreign Exchange Reserves
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※ Source: International Monetary Fund (IMF), Korea International Trade Association (KITA), Bank of Korea (BOK), Korea Exchange, Brand Finance, Korean Statistical Information Service (KOSIS)

Search Major Economic Data

Population, Healthcare, Welfare
인구·보건·복지 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Projected Population Statistics Korea 51,628,117 2022 51,744,876 person view chart
Ratio of Aged Population (65 or older) Statistics Korea 17.5 2022 16.6 % view chart
Total Fertility Rate Statistics Korea 0.837 2020 0.918 % view chart
Number of Medical Institutions Statistics Korea 93,184 2018 91,545 Agency view chart
In-patient Care Beds per 1,000 People Statistics Korea 13.8 2020 13.6 unit view chart
Number of Registered Foreigners Statistics Korea 1,145,540 2020 1,271,807 person view chart
Interest Rate, Securities
금리·증권 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Key Interest Rate Bank of Korea 1.5 2022.04 1.25 Year (%) view chart
Corporate Bond Yield (3yr, AA-) Bank of Korea 2.08 2021 2.13 Year (%) view chart
Deposit Interest Rate Bank of Korea 1.74 2022.03 1.7 Year (%) view chart
Loan Interest Rate Bank of Korea 3.5 2022.03 3.51 Year (%) view chart
KOSPI Bank of Korea 2,612.45 2022.05.26 2,617.22 1980.01.04=100 view chart
KOSDAQ Index Bank of Korea 871.43 2022.05.26 872.69 1996.07.01=1000 view chart
Labor, Household
노동·가계 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Average Monthly Wage of Workers Statistics Korea 2,356.206 2021.08 2,258.921 USD view chart
Total Working Hours Statistics Korea 164.2 2021 163.6 hour view chart
Household Debts Statistics Korea 76,906.852 2021 69,964.736 USD view chart
Unemployment Rate Statistics Korea 2.9 2022.07 3 % view chart
Employment Rate Statistics Korea 62.9 2022.07 62.9 % view chart
Economically Active Population Statistics Korea 29,311 2022.07 29,366.1 1,000 persons view chart
Economy, Corporate, Wage, Price
경기·기업·임금·물가 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Consumer Price Index Statistics Korea 3.7 2021.11 3.2 % view chart
Construction, Transportation, Science
건설·교통·과학 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Internet Usage Rate Statistics Korea 91.762 2019 91.538 % view chart
Number of Vehicles Registered Statistics Korea 1,828,419 2021 1,750,336 car view chart
Manufacturing, Service
농림·제조·서비스 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Online Shopping Mall Transaction Amount Statistics Korea 2022.06 13,634.419 USD 1 mil. view chart
Manufacturing Production Index (YoY) Statistics Korea 1.4 2022.06 7.8 % view chart
Retail Sales Index (YoY) Statistics Korea -1.5 2022.06 0.7 % view chart
National Accounts, Finance, Trade
국민계정·재정·무역 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
KRW to USD Exchange Rate (as of transaction date) Bank of Korea 1,263.3 2022.05.26 1,264.3 KRW view chart
Environment, Energy
환경·에너지 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Total GHG Emissions Statistics Korea 727.633 2018 709.75 1 mil. tCO₂eq. view chart
International Balance of Payments, Foreign Transactions
국제수지·대외거래 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Current Account Bank of Korea 88,302.2 2021 75,902.2 USD 1 mil. view chart
Industrial Activities, Consumption, Investment
산업활동·소비·투자 Institution,statistical information,last,reference,previous,frequency,chart
Statistical information Institution Last Reference Previus Frequency Chart
Index of All Industry Production (excluding agriculture, forestry and fishery) Bank of Korea 112.7 2021 107.4 2015=100 view chart
Service Production Index Bank of Korea 110.9 2021 106.2 2015=100 view chart
Wholesale and Retail Industry Index Bank of Korea 106 2021 101.9 2015=100 view chart
Equipment Investment Index Bank of Korea 117.1 2022.03 120.6 2015=100 view chart