International Reserves in Korea

Korea International Reserves | Economic News & Forecasts

Korea - International Reserves

Economic growth was stable in the third quarter, as a softer contraction in fixed investment offset a slight deceleration in private consumption growth. Meanwhile, public spending continued to surge, albeit at a marginally softer pace than in the second quarter. Moreover, in the external sector, both exports and imports grew modestly in Q3; however, this resulted in a negative contribution to growth, contrasting the positive contribution in Q2. Shifting focus to the fourth quarter, economic growth again appears more or less steady: Consumer confidence hit a six-month high in October, although merchandise exports contracted in October at a sharper pace than in Q3. Meanwhile, in the diplomatic arena, President Moon Jae-in met his Japanese counterpart in early November. They agreed to thaw frosty bilateral relations, which bodes well for currently suppressed trade flows.

Korea - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)346  364  368  371  389  

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Korea International Reserves Chart

Korea International Reserves
Note: International reserves in months of imports.
Source: Bank of Korea and FocusEconomics calculations.

Korea Facts

Bond Yield1.671.55 %Nov 21
Exchange Rate1,1780.21 %Nov 21
Stock Market2,097-0.40 %Nov 21

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