Table of Contents

    The Economy of South Korea

    📊Economic Indicators

    Major Indicators

    South Korea
    Global Median

    Latest Indicator Releases

    Mar 31, 2023LatestPrevious
    Consumer Confidence Survey-8.000-10.000
    Mar 29, 2023LatestPrevious
    Labor Cost Index142.50155.10
    Mar 28, 2023LatestPrevious
    Stock Market Index121.84123.39
    Long-Term Government Bond Yield3.4503.320
    Mar 17, 2023LatestPrevious
    Money Supply3.8m3.7m
    Mar 16, 2023LatestPrevious
    Government Expenditure102.01k97.03k
    GDP554.00k546.30k
    Capital Formation (Local Currency)190.42k173.22k
    Investment Growth6.2007.250
    Capital Formation (% of GDP)34.3731.71

    🔁Trade

    Source: United Nations

    Trade Balance

    Imports
    Exports

    Major Trade Partners

    Country
    Trade Value
    % of Trade
    Import Value
    Export Value
    Balance
    		Region
    China$352.07b57.25$138.62b$213.45b$74.82bAsia
    United States$172.46b28.04$73.66b$98.81b$25.15bNorth America
    Japan$86.72b14.1$54.64b$32.08b-$22.55bAsia
    Hong Kong$44.23b7.19$2.24b$41.99b$39.74bAsia
    Australia$42.39b6.89$32.91b$9.48b-$23.44bOceania
    Germany$36.91b6$21.99b$14.92b-$7.07bEurope
    Singapore$32.89b5.35$10.69b$22.19b$11.50bAsia
    Russia$30.34b4.93$17.35b$12.99b-$4.36bAsia
    Saudi Arabia$27.71b4.51$24.27b$3.44b-$20.83bMiddle East
    Mexico$26.85b4.37$7.89b$18.96b$11.08bNorth America

    🗞News

    South Korea's Economy
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