International Reserves in Korea

Korea International Reserves | Economic News & Forecasts

Korea - International Reserves

The economy remains on shaky ground in the second quarter, following the sharp slowdown logged in Q1, as headwinds from the global tech downturn, a re-escalation in U.S.-China trade tensions and a weakening Chinese economy continue to drag on the external sector. This was reflected in a sharper contraction in merchandise exports in May, hampered by falling demand for semiconductors, while operating conditions deteriorated in the manufacturing sector in the same month. Moreover, consumer and business confidence were entrenched in pessimistic territory in May, which bodes poorly for domestic demand; fiscal stimulus should provide some support, however. At the same time South Korean stocks have fallen in recent weeks on concerns over the outlook for the memory chip market.

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

ValueChangeDate
Bond Yield1.551.55 %Jul 11
Exchange Rate1,1740.21 %Jul 11
Stock Market2,081-0.40 %Jul 11

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