South Korea Economic Calendar

Economy of South Korea

South Korea has gone through one of the most significant economic revolutions in the last 60 years. Given its small geographical area, scarcity of natural resources, and population number, it is a highly developed mixed economy. During the global financial crisis, it was one of the few developed nations that avoided a recession.

Today it is the tenth-largest economy in the world and the fourth largest in Asia.

The service sector is the largest and fastest growing economic sector, followed by industry, which includes textile, steel, automobile manufacture, shipbuilding, and electronics.

Moreover, during the last several years, the country has seen both a surge in high technology and economic expansion as a result of the significant investment made in the educational system.

South Korea is well known for its plutocracy (chaebol) structure, a business conglomerate system that builds global multinational corporations with massive international operations that are owned and/or administered by the same family dynasty.

Bank of South Korea

The Korean Republic Won is South Korea's official currency and is issued by the central bank, the Bank of Korea (BOK), which is also responsible for pursuing price stability and implementing it through adjustments to its reference interest rate, the Base Rate.

Interest Rate of South Korea

The Bank of Korea Base Rate is the official Interest Rate in Korea which is determined by the Monetary Policy Committee of the Bank of Korea (BOK).

South Korea Economic Calendar

May 01, 00:00
20h 33min
KRW Labor Day
None
May 01, 00:00
20h 33min
KRW Exports YoY (Apr)
Medium
3.1%
-1.6%
May 01, 00:00
20h 33min
KRW Imports YoY (Apr)
Low
2.3%
-6.9%
May 01, 00:00
20h 33min
KRW Balance of Trade (Apr)
Low
$4.99B
$4.4B
May 01, 23:00
1 day
KRW Inflation Rate MoM (Apr)
Low
0.2%
0.1%
May 01, 23:00
1 day
KRW Inflation Rate YoY (Apr)
Medium
2.1%
2.1%
May 02, 00:30
1 day
KRW S&P Global Manufacturing PMI (Apr)
Medium
49.1
48.8
May 05, 00:00
4 days
KRW Buddha's Birthday
None
May 05, 00:00
4 days
KRW International Children's Day
None
May 06, 00:00
5 days
KRW International Children's Day
None
May 06, 21:00
6 days
KRW Foreign Exchange Reserves (Apr)
Low
$409.66B
$410.5B
May 08, 23:00
8 days
KRW Current Account (Mar)
Low
$7.18B
$7.9B
May 12, 05:00
12 days
KRW 3-Year KTB Auction
Low
May 15, 21:00
15 days
KRW Export Prices YoY (Apr)
Low
May 15, 21:00
15 days
KRW Import Prices YoY (Apr)
Low
May 16, 05:00
16 days
KRW 50-Year KTB Auction
Low
May 19, 05:00
19 days
KRW 10-Year KTB Auction
Low
May 22, 21:00
22 days
KRW PPI YoY (Apr)
Low
May 22, 21:00
22 days
KRW PPI MoM (Apr)
Low
May 26, 05:00
26 days
KRW 5-Year KTB Auction
Low
May 26, 21:00
26 days
KRW Consumer Confidence (May)
Medium
May 27, 05:00
27 days
KRW 20-Year KTB Auction
Low
May 27, 21:00
27 days
KRW Business Confidence (May)
Medium
May 29, 01:00
28 days
KRW Interest Rate Decision
Medium
May 29, 23:00
29 days
KRW Industrial Production YoY (Apr)
Low
May 29, 23:00
29 days
KRW Industrial Production MoM (Apr)
Low
May 29, 23:00
29 days
KRW Retail Sales MoM (Apr)
Low

Stay up to date!

Add Calendar to your browser

Extension Picture