External sectors, trade and payments | Current account balance as a percentage of GDP | Percentage |  | 3.785 | 5.642 | 5.598 | 7.167 | 6.548 | 4.639 | 4.496 | 3.619 | 4.539 | 4.690 | 1.689 | -0.334 | 0.348 |
Exchange rate, national currency per USD | Won |  | 1 125.935 | 1 094.926 | 1 053.064 | 1 131.309 | 1 160.589 | 1 130.635 | 1 100.186 | 1 165.294 | 1 180.128 | 1 144.456 | 1 291.409 | 1 317.495 | 1 333.600 |
Exchange rate, USD per national currency | US Dollar |  | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 |
Exports of goods and services, volume in USD (national accounts basis) | US Dollar, 2015 |  | 593 505 983 967.629 | 616 179 321 820.614 | 629 091 837 888.184 | 630 565 064 320.584 | 645 523 890 398.835 | 661 535 109 537.786 | 687 837 416 434.398 | 689 476 782 255.500 | 677 708 664 021.927 | 751 207 031 033.885 | 776 146 959 556.692 | 794 546 993 224.321 | 830 802 709 500.695 |
Goods and services trade, volume in USD | US Dollar, 2015 |  | 548 894 732 811.915 | 564 366 314 788.596 | 574 059 802 997.473 | 580 279 047 538.953 | 601 471 075 034.746 | 634 161 858 148.612 | 652 509 843 689.599 | 647 437 366 156.335 | 632 084 123 553.043 | 698 338 197 446.890 | 722 779 536 712.262 | 745 434 573 618.044 | 774 963 673 496.654 |
Imports of goods and services, volume in USD (national accounts basis) | US Dollar, 2015 |  | 504 283 481 656.200 | 512 553 307 756.578 | 519 027 768 106.762 | 529 993 030 757.321 | 557 418 259 670.658 | 606 788 606 759.439 | 617 182 270 944.800 | 605 397 950 057.170 | 586 459 583 084.159 | 645 469 363 859.894 | 669 412 113 867.831 | 696 322 154 011.767 | 719 124 637 492.612 |
Government accounts | General government gross financial liabilities as a percentage of GDP | Ratio |  | 37.200 | 38.946 | 41.851 | 43.405 | 42.845 | 40.817 | 41.881 | 44.234 | 50.009 | 50.631 | 53.381 | 54.975 | 57.084 |
General government net lending as a percentage of GDP | Percentage |  | 1.018 | 1.283 | 1.212 | 1.180 | 2.209 | 2.682 | 3.025 | 0.956 | -2.695 | -0.751 | -0.626 | -0.054 | 0.463 |
General government primary balance as a percentage of GDP | Percentage |  | 1.012 | 1.158 | 1.298 | 1.305 | 2.218 | 2.577 | 2.897 | 0.754 | -2.774 | -0.779 | -0.487 | 0.488 | 1.101 |
Expenditure and GDP | Change in inventories, contributions to changes in real GDP | Percentage, 2015 |  | -0.008 | -0.005 | 0.002 | 0.004 | -0.001 | 0.004 | 0.003 | 0.000 | -0.008 | -0.001 | 0.001 | 0.002 | 0.000 |
Exports of goods and services, volume (national accounts basis) | Won, 2015 |  | 670 885 000 000 000.000 | 696 514 400 000 000.000 | 711 110 400 000 000.000 | 712 775 700 000 000.000 | 729 684 800 000 000.000 | 747 783 500 000 000.000 | 777 515 000 000 000.000 | 779 368 100 000 000.000 | 766 065 700 000 000.000 | 849 146 500 000 000.000 | 877 338 000 000 000.000 | 898 136 958 933 126.000 | 939 119 555 353 589.000 |
Government final consumption expenditure, volume | Won, 2015 |  | 220 489 400 000 000.000 | 231 036 000 000 000.000 | 240 900 700 000 000.000 | 250 087 900 000 000.000 | 261 162 300 000 000.000 | 271 428 600 000 000.000 | 285 892 600 000 000.000 | 304 189 900 000 000.000 | 319 677 800 000 000.000 | 337 684 600 000 000.000 | 351 383 300 000 000.000 | 360 534 504 368 500.000 | 364 018 201 641 184.000 |
Gross capital formation, total, volume | Won, 2015 |  | 439 479 300 000 000.000 | 443 910 700 000 000.000 | 459 678 700 000 000.000 | 489 601 600 000 000.000 | 520 296 300 000 000.000 | 576 996 700 000 000.000 | 569 403 599 999 999.000 | 558 468 900 000 000.000 | 563 419 499 999 999.000 | 576 617 300 000 000.000 | 574 340 999 999 999.000 | 585 399 993 896 430.000 | 590 580 831 742 197.000 |
Gross domestic product, nominal value, market prices | Won |  | 1 440 111 400 000 000.000 | 1 500 819 100 000 000.000 | 1 562 929 000 000 000.000 | 1 658 020 400 000 000.000 | 1 740 779 600 000 000.000 | 1 835 698 200 000 010.000 | 1 898 192 600 000 000.000 | 1 924 498 000 000 000.000 | 1 940 726 100 000 000.000 | 2 071 658 000 000 000.000 | 2 151 678 200 000 000.000 | 2 214 400 504 458 120.000 | 2 327 844 958 595 290.000 |
Gross domestic product, volume in USD, at constant purchasing power parities | US Dollar, 2015 |  | 1 766 483 075 548.610 | 1 822 387 118 002.310 | 1 880 748 223 414.600 | 1 933 580 383 225.930 | 1 990 560 593 365.890 | 2 053 455 060 987.540 | 2 113 157 410 933.820 | 2 160 576 195 384.450 | 2 145 248 852 622.720 | 2 234 176 129 116.130 | 2 291 918 099 911.340 | 2 326 084 235 107.470 | 2 374 263 314 520.880 |
Gross domestic product, volume in USD, constant exchange rates | US Dollar, 2015 |  | 1 340 044 423 332.420 | 1 382 452 924 930.180 | 1 426 725 341 082.800 | 1 466 803 529 267.990 | 1 510 028 405 801.070 | 1 557 739 805 792.080 | 1 603 029 682 730.470 | 1 639 001 313 901.940 | 1 627 374 075 307.550 | 1 694 833 822 075.920 | 1 738 636 566 085.970 | 1 764 554 809 838.280 | 1 801 103 196 620.410 |
Gross domestic product, volume, market prices | Won, 2015 |  | 1 514 736 600 000 000.000 | 1 562 673 600 000 000.000 | 1 612 717 500 000 000.000 | 1 658 020 400 000 000.000 | 1 706 880 200 000 000.000 | 1 760 811 400 000 000.000 | 1 812 005 400 000 000.000 | 1 852 666 400 000 000.000 | 1 839 523 400 000 000.000 | 1 915 777 400 000 000.000 | 1 965 290 400 000 000.000 | 1 994 587 423 095 480.000 | 2 035 900 366 282 970.000 |
Gross fixed capital formation, total, volume | Won, 2015 |  | 430 686 100 000 000.000 | 442 805 600 000 000.000 | 456 558 400 000 000.000 | 481 001 700 000 000.000 | 512 634 500 000 000.000 | 562 777 000 000 000.000 | 550 387 099 999 999.000 | 538 653 500 000 000.000 | 557 726 599 999 999.000 | 573 143 600 000 000.000 | 568 337 299 999 999.000 | 576 061 211 730 084.000 | 581 358 002 064 541.000 |
Imports of goods and services, volume (national accounts basis) | Won, 2015 |  | 570 187 700 000 000.000 | 579 538 300 000 000.000 | 586 858 900 000 000.000 | 599 257 200 000 000.000 | 630 266 600 000 000.000 | 686 089 100 000 000.000 | 697 841 100 000 000.000 | 684 516 700 000 000.000 | 663 103 300 000 000.000 | 729 825 000 000 000.000 | 756 896 800 000 000.000 | 787 323 681 812 955.000 | 813 106 195 187 238.000 |
Net exports, contributions to changes in real GDP | Percentage, 2015 |  | 0.017 | 0.012 | 0.005 | -0.008 | -0.009 | -0.020 | 0.010 | 0.008 | 0.005 | 0.007 | 0.000 | -0.008 | 0.005 |
Private final consumption expenditure, volume | Won, 2015 |  | 758 839 400 000 000.000 | 772 013 800 000 000.000 | 787 409 600 000 000.000 | 804 812 400 000 000.000 | 825 676 300 000 000.000 | 848 589 400 000 000.000 | 875 578 000 000 000.000 | 894 074 700 000 000.000 | 850 956 800 000 000.000 | 882 459 800 000 000.000 | 920 759 100 000 000.000 | 941 689 717 004 525.000 | 961 748 778 648 868.000 |
Selected variables: ready-made growth rates | Core inflation | Percentage, 2015 |  | 1.569 | 1.517 | 1.671 | 2.425 | 1.875 | 1.536 | 1.167 | 0.737 | 0.356 | 1.372 | 3.602 | 3.536 | 2.438 |
Exports of goods and services, volume, growth (national accounts basis) | Percentage, 2015 |  | 5.793 | 3.820 | 2.096 | 0.234 | 2.372 | 2.480 | 3.976 | 0.238 | -1.707 | 10.845 | 3.320 | 2.371 | 4.563 |
Government final consumption expenditure, volume, growth | Percentage, 2015 |  | 4.491 | 4.783 | 4.270 | 3.814 | 4.428 | 3.931 | 5.329 | 6.400 | 5.092 | 5.633 | 4.057 | 2.604 | 0.966 |
Gross domestic product, market prices, deflator, growth | Percentage, 2015 |  | 1.252 | 1.019 | 0.907 | 3.186 | 1.986 | 2.223 | 0.483 | -0.839 | 1.564 | 2.498 | 1.246 | 1.403 | 2.990 |
Gross domestic product, nominal value, growth | Percentage |  | 3.684 | 4.215 | 4.138 | 6.084 | 4.991 | 5.453 | 3.404 | 1.386 | 0.843 | 6.747 | 3.863 | 2.915 | 5.123 |
Gross domestic product, volume, growth | Percentage, 2015 |  | 2.403 | 3.165 | 3.202 | 2.809 | 2.947 | 3.160 | 2.907 | 2.244 | -0.709 | 4.145 | 2.584 | 1.491 | 2.071 |
Gross fixed capital formation, total, volume, growth | Percentage, 2015 |  | -0.133 | 2.814 | 3.106 | 5.354 | 6.576 | 9.781 | -2.202 | -2.132 | 3.541 | 2.764 | -0.839 | 1.359 | 0.919 |
Headline inflation | Percentage, 2015 |  | 2.187 | 1.301 | 1.275 | 0.706 | 0.972 | 1.944 | 1.476 | 0.383 | 0.537 | 2.498 | 5.088 | 3.432 | 2.573 |
Imports of goods and services, volume, growth (national accounts basis) | Percentage, 2015 |  | 2.568 | 1.640 | 1.263 | 2.113 | 5.175 | 8.857 | 1.713 | -1.909 | -3.128 | 10.062 | 3.709 | 4.020 | 3.275 |
Private final consumption expenditure, volume, growth | Percentage, 2015 |  | 1.654 | 1.736 | 1.994 | 2.210 | 2.592 | 2.775 | 3.180 | 2.113 | -4.823 | 3.702 | 4.340 | 2.273 | 2.130 |
Household sector accounts | Net disposable income of households and non-profit institutions serving households | Won |  | 750 223 200 000 001.000 | 787 182 500 000 000.000 | 820 273 500 000 000.000 | 876 868 100 000 000.000 | 897 758 300 000 000.000 | 928 476 700 000 000.000 | 967 719 800 000 000.000 | 998 423 100 000 000.000 | 1 036 435 600 000 000.000 | 1 086 850 200 000 000.000 | 1 158 590 424 907 200.000 | 1 223 904 902 672 340.000 | 1 265 286 797 772 560.000 |
Prices and deflators | Consumer price index | Index, 2015 |  | 0.968 | 0.980 | 0.993 | 1.000 | 1.010 | 1.029 | 1.045 | 1.049 | 1.054 | 1.081 | 1.135 | 1.174 | 1.205 |
Core inflation index | Index, 2015 |  | 0.946 | 0.960 | 0.976 | 1.000 | 1.019 | 1.034 | 1.046 | 1.054 | 1.058 | 1.072 | 1.111 | 1.150 | 1.178 |
Exports of goods and services, deflator (national accounts basis) | Index, 2015 |  | 1.161 | 1.105 | 1.051 | 1.000 | 0.957 | 1.005 | 1.018 | 0.970 | 0.921 | 1.026 | 1.185 | 1.164 | 1.205 |
Gross domestic product, market prices, deflator | Index, 2015 |  | 0.951 | 0.960 | 0.969 | 1.000 | 1.020 | 1.043 | 1.048 | 1.039 | 1.055 | 1.081 | 1.095 | 1.110 | 1.143 |
Imports of goods and services, deflator (national accounts basis) | Index, 2015 |  | 1.297 | 1.208 | 1.139 | 1.000 | 0.924 | 0.968 | 1.014 | 1.026 | 0.956 | 1.092 | 1.380 | 1.400 | 1.426 |
Purchasing power parity, national currency per USD | Won |  | 854.887 | 869.081 | 871.878 | 857.483 | 858.810 | 872.625 | 854.871 | 856.426 | 837.673 | 854.096 | 815.563 | 787.289 | 785.438 |
Labour markets | Labour force | Persons |  | 25 778 266.667 | 26 107 433.333 | 26 836 958.333 | 27 155 008.333 | 27 420 875.000 | 27 748 708.333 | 27 902 325.000 | 28 182 641.667 | 28 022 766.667 | 28 293 608.333 | 28 917 100.000 | 29 192 246.778 | 29 298 128.416 |
Total employment (labour force survey basis) | Persons |  | 24 953 141.667 | 25 297 208.333 | 25 896 441.667 | 26 178 325.000 | 26 409 675.000 | 26 724 950.000 | 26 822 916.667 | 27 122 858.333 | 26 907 933.333 | 27 270 850.000 | 28 087 825.000 | 28 330 191.773 | 28 323 097.722 |
Unemployment rate | Percentage |  | 3.201 | 3.103 | 3.505 | 3.597 | 3.688 | 3.689 | 3.869 | 3.760 | 3.978 | 3.615 | 2.868 | 2.953 | 3.328 |
Monetary data | Long-term interest rate on government bonds | Percentage |  | 3.448 | 3.278 | 3.186 | 2.306 | 1.747 | 2.283 | 2.503 | 1.702 | 1.500 | 2.065 | 3.364 | 3.749 | 3.511 |
Short-term interest rate | Percentage |  | 3.298 | 2.723 | 2.491 | 1.770 | 1.493 | 1.443 | 1.680 | 1.697 | 0.923 | 0.850 | 2.475 | 3.781 | 3.556 |