South Korea Economic Calendar

Economy of South Korea

South Korea has gone through one of the most significant economic revolutions in the last 60 years. Given its small geographical area, scarcity of natural resources, and population number, it is a highly developed mixed economy. During the global financial crisis, it was one of the few developed nations that avoided a recession.

Today it is the tenth-largest economy in the world and the fourth largest in Asia.

The service sector is the largest and fastest growing economic sector, followed by industry, which includes textile, steel, automobile manufacture, shipbuilding, and electronics.

Moreover, during the last several years, the country has seen both a surge in high technology and economic expansion as a result of the significant investment made in the educational system.

South Korea is well known for its plutocracy (chaebol) structure, a business conglomerate system that builds global multinational corporations with massive international operations that are owned and/or administered by the same family dynasty.

Bank of South Korea

The Korean Republic Won is South Korea's official currency and is issued by the central bank, the Bank of Korea (BOK), which is also responsible for pursuing price stability and implementing it through adjustments to its reference interest rate, the Base Rate.

Interest Rate of South Korea

The Bank of Korea Base Rate is the official Interest Rate in Korea which is determined by the Monetary Policy Committee of the Bank of Korea (BOK).

South Korea Economic Calendar

Sep 01, 00:00
KRW Exports YoY (Aug)
Medium
5.8%
3%
1.3%
Sep 01, 00:00
KRW Imports YoY (Aug)
Low
0.7%
-0.1%
-4%
Sep 01, 00:00
KRW Balance of Trade (Aug)
Low
$6.61B
$5.4B
$6.51B
Sep 01, 00:30
KRW S&P Global Manufacturing PMI (Aug)
Medium
48
48.8
48.3
Sep 01, 02:30
KRW 2-Year KTB Auction
Low
2.325% 2.365%
Sep 01, 23:00
10h 49min
KRW Inflation Rate MoM (Aug)
Low
0.2%
0.2%
Sep 01, 23:00
10h 49min
KRW Inflation Rate YoY (Aug)
Medium
2.1%
2%
Sep 02, 02:30
14h 19min
KRW 30-Year KTB Auction
Low
2.68%
Sep 02, 21:00
1 day
KRW Foreign Exchange Reserves (Aug)
Low
$411.33B
$412.5B
Sep 02, 23:00
1 day
KRW GDP Growth Rate YoY (Q2)
Low
0%
0.5%
Sep 02, 23:00
1 day
KRW GDP Growth Rate QoQ (Q2)
Low
-0.2%
0.6%
Sep 03, 23:00
2 days
KRW Current Account (Jul)
Low
$14.27B
$15B
Sep 08, 02:30
6 days
KRW 3-Year KTB Auction
Low
2.415%
Sep 09, 02:30
7 days
KRW 20-Year KTB Auction
Low
2.84%
Sep 09, 23:00
8 days
KRW Unemployment Rate (Aug)
Medium
Sep 12, 02:30
10 days
KRW 50-Year KTB Auction
Low
2.615%
Sep 22, 02:30
20 days
KRW 5-Year KTB Auction
Low
Sep 22, 21:00
21 days
KRW PPI MoM (Aug)
Low
Sep 22, 21:00
21 days
KRW PPI YoY (Aug)
Low
Sep 23, 21:00
22 days
KRW Consumer Confidence (Sep)
Medium
103
Sep 25, 21:00
24 days
KRW Business Confidence (Sep)
Medium
78
Sep 29, 02:30
27 days
KRW 2-Year KTB Auction
Low
Sep 29, 23:00
28 days
KRW Industrial Production YoY (Aug)
Low
Sep 29, 23:00
28 days
KRW Industrial Production MoM (Aug)
Low
Sep 29, 23:00
28 days
KRW Retail Sales MoM (Aug)
Low
Sep 30, 02:30
28 days
KRW 30-Year KTB Auction
Low
Oct 01, 00:00
29 days
KRW Balance of Trade (Sep)
Low
8.2
Oct 01, 00:00
29 days
KRW Exports YoY (Sep)
Medium
Oct 01, 00:00
29 days
KRW Imports YoY (Sep)
Low
Oct 01, 00:30
29 days
KRW S&P Global Manufacturing PMI (Sep)
Medium
51.4
Oct 01, 23:00
30 days
KRW Inflation Rate MoM (Sep)
Low
-0.2
Oct 01, 23:00
30 days
KRW Inflation Rate YoY (Sep)
Medium
2.2
Oct 01, 23:00
30 days
KRW Current Account (Aug)
Low

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