Korea Current Account Balance (% of GDP)

Korea Current Account

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This chart displays Current Account (% of GDP) for Korea from 2013 to 2022.

	2018	2019	2020	2021	2022
Current Account Balance (% of GDP)	4.5	3.6	4.6	4.7	1.8
Current Account Balance (USD bn)	77.5	59.7	75.9	85.2	29.8

Inflation rose to 3.4% in August, which was up from July’s 2.3%. The print exceeded market expectations of a 2.9%...

1-Sep-23

Merchandise exports decreased 8.3% annually in August, on the heels of July’s 16.4% plunge and exceeding market expectations of a...

1-Sep-23

The S&P Global Manufacturing Purchasing Managers’ Index (PMI) fell to 48.9 in August from July’s 49.4. Consequently, the index fell...

31-Aug-23

Industrial output fell 2.0% in month-on-month seasonally-adjusted terms in July, which was a larger contraction than June’s 1.5% decrease. The...

24-Aug-23

At its meeting on 24 August, the Bank of Korea (BOK) kept the base rate unchanged at 3.50% for the...

23-Aug-23

Month-ahead business sentiment among manufacturing firms was unchanged at August’s 69.0 in September. As a result, the index remained below...

22-Aug-23

Consumer confidence fell to 103.1 in August from July’s 103.2. However, the index remained above the 100-point threshold, indicating that...

2-Aug-23

Inflation dropped to 2.3% in July from June’s 2.7%. July’s reading represented the lowest inflation rate since March 2021. The...