International Reserves in Korea

Korea International Reserves | Economic News & Forecasts

Korea - International Reserves

Although the economy performed well in annual terms in Q3, it grew at a softer rate than in Q2, partly due to a less favorable base effect. Meanwhile, underlying momentum weakened as sequential growth slowed. Notably, the annual slowdown came on the back of weaker private consumption growth amid tighter restrictions. Turning to Q4, data is mixed: Consumer confidence improved significantly in October, boding well for consumption, but businesses turned more pessimistic in October–November. Meanwhile, the manufacturing PMI came in at a one-year low in October as supply disruptions hampered the auto sector, while daily average export growth moderated in the same month. On the health front, looser restrictions from 1 November should provide some respite to the domestic market in the final stretch of the quarter.

Korea - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)368  371  389  404  409  

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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

Value Change Date
Bond Yield1.681.55 %Dec 31
Exchange Rate1,1560.21 %Dec 31

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