Korea Macroeconomic Forecast

Korea Consensus Forecast Report

FocusEconomics Consensus Forecast reports for Korea are monthly publications containing macroeconomic projections from nealry 30 different sources. Each month, we poll the research departments of investment banks, financial institutions and research organizations to obtain their view of the future. The report covers the most important economic indicators for a 5-year forecast period. Complemented with concise analysis and numerous charts, it provides the most comprehensive assessment of the Korean economy available in the market.

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The FocusEconomics Consensus Forecast for Korea is the most dependable source of economic information available for the country. You get the essentials of research conducted by the leading economists for Korea within a single publication. This monthly publication gives you a precise picture of both the current state of affairs and future developments in Korea. Every month, FocusEconomics polls nealry 30 of the most renowned experts on the Korean economy and provides their forecasts in a single report, which is complemented by authoritative analysis from the FocusEconomics research team.

Table of Contents

  • Country Outlook
  • Economic Indicators
  • Fact Sheet

Table of Contents

The Consensus Forecast report for the Korean economy covers approximately 30 macroeconomic indicators for a 5-year forecast period and quarterly forecasts for the most important economic variables. The forecasts are complemented by five years of historical data, thus providing a complete picture of the Korean economy. Reports are available in PDF or PDF+Excel.

The PDF report also contains concise written analysis on the most important economic indicators, including economic activity (GDP), industrial production, business confidence, consumer confidence, inflation, monetary policy decisions and important exchange rate movements***, thus providing a better understanding of the forecasts. All indicators are illustrated by charts, enabling past developments and future trends to be grasped quickly and intuitively.

The country reports include forecasts for: 

  • Population
  • GDP per capita
  • GDP
  • Economic Growth
  • Private Consumption
  • Fixed Investment
  • Industrial Production
  • Unemployment
  • Fiscal Balance
  • Public Debt
  • Inflation
  • BoK Base Rate
  • 3-Month KORIBOR
  • Exchange Rate
  • Current Account Balance
  • Trade Balance
  • Exports
  • Imports
  • International Reserves
  • External Debt


With the FocusEconomics Consensus Forecast Korea you can easily:

Assess the Korean economy business environment. Our Korean economy forecast report provides you with the fundamental tools and strategic intelligence to evaluate the key economic and political developments affecting your business in Korea. With a forecast horizon of five years, you’ll have an unbiased and objective basis for your business decisions.

Analyze trends. The publication tracks the developments of market perceptions and thus provides you with a comprehensive understanding of the dynamics of the Korean economy as well as the associated risks.

Plan the future of your business. The FocusEconomics Consensus Forecast Korea is the ideal planning tool, enabling you to anticipate potential economic turmoil before it occurs and providing you with authoritative advice for optimal business plan execution.

Stress-test your business decisions. Alongside an average forecast figure (the Consensus Forecast), FocusEconomics also highlights the minimum and maximum value for each indicator forecast, thereby providing you with landmarks for your scenario-based analysis for Korea.

***Note: Indicator coverage varies by country. For a precise overview of what indicators are covered, please download a sample of the country/region of interest.

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