External sectors, trade and payments | Current account balance as a percentage of GDP | Percentage | | 0.660 | 1.593 | 3.696 | 1.305 | 0.191 | 0.895 | 0.414 | 3.605 | 2.466 | 1.334 | 3.785 | 5.642 | 5.598 | 7.167 | 6.548 |
Exchange rate, national currency per USD | Won | | 1 251.045 | 1 190.959 | 1 145.197 | 1 024.226 | 954.748 | 929.450 | 1 100.862 | 1 274.947 | 1 155.431 | 1 107.302 | 1 125.935 | 1 094.926 | 1 053.064 | 1 131.309 | 1 160.589 |
Imports of goods and services, volume in USD (national accounts basis) | US Dollar, 2015 | | 227 403 306 039.106 | 251 233 603 932.747 | 281 593 162 515.811 | 303 424 084 388.260 | 341 266 731 177.339 | 380 113 709 517.872 | 392 516 916 721.049 | 365 403 414 319.261 | 429 384 685 274.977 | 491 697 111 870.248 | 504 321 882 308.688 | 512 592 338 147.556 | 519 067 203 072.633 | 530 033 389 164.715 | 557 460 706 480.159 |
Goods and services trade, volume in USD | US Dollar, 2015 | | 221 000 329 341.707 | 247 486 225 206.161 | 288 264 361 284.904 | 310 828 572 559.736 | 348 915 631 452.015 | 390 809 702 062.348 | 412 272 862 345.480 | 397 729 372 756.704 | 457 733 523 009.848 | 526 359 829 411.394 | 548 923 384 940.782 | 564 395 642 868.012 | 574 089 494 766.464 | 580 309 268 724.855 | 601 502 622 881.021 |
Exports of goods and services, volume in USD (national accounts basis) | US Dollar, 2015 | | 214 597 352 644.309 | 243 738 846 479.576 | 294 935 560 053.998 | 318 233 060 731.212 | 356 564 531 726.692 | 401 505 694 606.824 | 432 028 807 969.912 | 430 055 331 194.147 | 486 082 360 744.719 | 561 022 546 952.541 | 593 524 887 572.877 | 616 198 947 588.469 | 629 111 786 460.295 | 630 585 148 284.995 | 645 544 539 281.883 |
Government accounts | General government gross financial liabilities as a percentage of GDP | Ratio | | .. | .. | .. | .. | .. | .. | 28.139 | 30.146 | 32.033 | 34.607 | 37.200 | 38.946 | 41.851 | 43.405 | 42.845 |
General government net lending as a percentage of GDP | Percentage | | 3.111 | -2.133 | -0.078 | 1.352 | 1.969 | 3.957 | 2.131 | -1.276 | 0.883 | 0.983 | 1.018 | 1.283 | 1.212 | 1.180 | 2.209 |
Expenditure and GDP | Government final consumption expenditure, volume | Won, 2015 | | 131 262 200 000 000.000 | 137 910 300 000 000.000 | 144 258 900 000 000.000 | 151 963 100 000 000.000 | 163 566 100 000 000.000 | 174 245 000 000 000.000 | 182 640 900 000 000.000 | 194 786 800 000 000.000 | 205 738 700 000 000.000 | 211 012 500 000 000.000 | 220 489 400 000 000.000 | 231 036 000 000 000.000 | 240 900 600 000 000.000 | 250 087 900 000 000.000 | 261 162 400 000 000.000 |
Private final consumption expenditure, volume | Won, 2015 | | 589 833 000 000 000.000 | 587 600 400 000 000.000 | 589 947 400 000 000.000 | 617 416 800 000 000.000 | 647 804 400 000 000.000 | 682 032 300 000 000.000 | 693 103 200 000 000.000 | 694 615 200 000 000.000 | 725 118 500 000 000.000 | 746 490 700 000 000.000 | 758 839 400 000 000.000 | 772 013 800 000 000.000 | 787 409 600 000 000.000 | 804 812 400 000 000.000 | 825 676 200 000 000.000 |
Gross domestic product, nominal value, market prices | Won | | 784 741 300 000 000.000 | 837 365 100 000 000.000 | 908 439 300 000 000.000 | 957 447 700 000 000.000 | 1 005 601 400 000 000.000 | 1 089 660 200 000 000.000 | 1 154 216 500 000 000.000 | 1 205 347 800 000 000.000 | 1 322 611 200 000 000.000 | 1 388 937 200 000 000.000 | 1 440 111 400 000 000.000 | 1 500 819 100 000 000.000 | 1 562 928 900 000 000.000 | 1 658 020 400 000 000.000 | 1 740 779 500 000 000.000 |
Gross domestic product, volume, market prices | Won, 2015 | | 1 020 582 300 000 000.000 | 1 052 703 100 000 000.000 | 1 107 416 300 000 000.000 | 1 155 129 600 000 000.000 | 1 215 939 500 000 000.000 | 1 286 458 400 000 000.000 | 1 325 219 300 000 000.000 | 1 335 724 300 000 000.000 | 1 426 618 000 000 000.000 | 1 479 198 400 000 000.000 | 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 | 1 706 880 300 000 000.000 |
Gross fixed capital formation, total, volume | Won, 2015 | | 336 087 100 000 000.000 | 353 958 100 000 000.000 | 363 826 100 000 000.000 | 369 229 000 000 000.000 | 383 895 600 000 000.000 | 403 308 900 000 000.000 | 400 827 300 000 000.000 | 402 485 400 000 000.000 | 425 635 100 000 000.000 | 431 260 700 000 000.000 | 430 686 100 000 000.000 | 442 805 599 999 999.000 | 456 558 399 999 999.000 | 481 001 600 000 000.000 | 512 634 600 000 000.000 |
Selected variables: ready-made growth rates | Government final consumption expenditure, volume, growth | Percentage, 2015 | | 6.544 | 5.065 | 4.603 | 5.341 | 7.635 | 6.529 | 4.818 | 6.650 | 5.623 | 2.563 | 4.491 | 4.783 | 4.270 | 3.814 | 4.428 |
Headline inflation | Percentage, 2015 | | 2.762 | 3.515 | 3.591 | 2.754 | 2.242 | 2.535 | 4.674 | 2.756 | 2.939 | 4.026 | 2.187 | 1.301 | 1.275 | 0.706 | 0.972 |
Private final consumption expenditure, volume, growth | Percentage, 2015 | | 8.977 | -0.379 | 0.399 | 4.656 | 4.922 | 5.284 | 1.623 | 0.218 | 4.391 | 2.947 | 1.654 | 1.736 | 1.994 | 2.210 | 2.592 |
Gross domestic product, volume, growth | Percentage, 2015 | | 7.725 | 3.147 | 5.197 | 4.309 | 5.264 | 5.800 | 3.013 | 0.793 | 6.805 | 3.686 | 2.403 | 3.165 | 3.202 | 2.809 | 2.947 |
Gross fixed capital formation, total, volume, growth | Percentage, 2015 | | 7.443 | 5.317 | 2.788 | 1.485 | 3.972 | 5.057 | -0.615 | 0.414 | 5.752 | 1.322 | -0.133 | 2.814 | 3.106 | 5.354 | 6.576 |
Imports of goods and services, volume, growth (national accounts basis) | Percentage, 2015 | | 14.891 | 10.479 | 12.084 | 7.753 | 12.472 | 11.383 | 3.263 | -6.908 | 17.510 | 14.512 | 2.568 | 1.640 | 1.263 | 2.113 | 5.175 |
Core inflation | Percentage, 2015 | | 3.084 | 3.249 | 2.391 | 2.319 | 1.991 | 2.533 | 3.578 | 2.954 | 1.845 | 2.559 | 1.569 | 1.517 | 1.671 | 2.425 | 1.875 |
Gross domestic product, market prices, deflator, growth | Percentage, 2015 | | 3.033 | 3.450 | 3.128 | 1.041 | -0.223 | 2.419 | 2.826 | 3.609 | 2.737 | 1.282 | 1.252 | 1.019 | 0.907 | 3.186 | 1.986 |
Exports of goods and services, volume, growth (national accounts basis) | Percentage, 2015 | | 12.813 | 13.580 | 21.005 | 7.899 | 12.045 | 12.604 | 7.602 | -0.457 | 13.028 | 15.417 | 5.793 | 3.820 | 2.096 | 0.234 | 2.372 |
Prices and deflators | Consumer price index | Index, 2015 | | 0.712 | 0.737 | 0.763 | 0.784 | 0.802 | 0.822 | 0.861 | 0.885 | 0.911 | 0.947 | 0.968 | 0.980 | 0.993 | 1.000 | 1.010 |
Gross domestic product, market prices, deflator | Index, 2015 | | 0.769 | 0.795 | 0.820 | 0.829 | 0.827 | 0.847 | 0.871 | 0.902 | 0.927 | 0.939 | 0.951 | 0.960 | 0.969 | 1.000 | 1.020 |
Imports of goods and services, deflator (national accounts basis) | Index, 2015 | | 0.872 | 0.878 | 0.949 | 0.922 | 0.913 | 0.925 | 1.245 | 1.195 | 1.207 | 1.305 | 1.297 | 1.208 | 1.139 | 1.000 | 0.924 |
Exports of goods and services, deflator (national accounts basis) | Index, 2015 | | 0.963 | 0.954 | 1.002 | 0.939 | 0.889 | 0.898 | 1.126 | 1.120 | 1.134 | 1.168 | 1.161 | 1.105 | 1.051 | 1.000 | 0.957 |
Labour markets | Total employment (labour force survey basis) | Persons | | 22 230 950.000 | 22 222 283.333 | 22 683 783.333 | 22 831 300.000 | 23 187 791.667 | 23 560 383.333 | 23 774 266.667 | 23 687 300.000 | 24 030 483.333 | 24 524 366.667 | 24 953 141.667 | 25 297 208.333 | 25 896 441.667 | 26 178 325.000 | 26 409 675.000 |
Labour force | Persons | | 22 978 758.333 | 23 046 016.667 | 23 545 566.667 | 23 717 966.667 | 24 024 475.000 | 24 352 350.000 | 24 552 783.333 | 24 585 116.667 | 24 952 850.000 | 25 384 216.667 | 25 778 266.667 | 26 107 433.333 | 26 836 958.333 | 27 155 008.333 | 27 420 875.000 |
Unemployment rate | Percentage | | 3.254 | 3.574 | 3.660 | 3.738 | 3.483 | 3.252 | 3.171 | 3.652 | 3.696 | 3.387 | 3.201 | 3.103 | 3.505 | 3.597 | 3.688 |
Monetary data | Long-term interest rate on government bonds | Percentage | | 6.587 | 5.048 | 4.728 | 4.950 | 5.152 | 5.351 | 5.568 | 5.166 | 4.773 | 4.203 | 3.448 | 3.278 | 3.186 | 2.306 | 1.747 |
Short-term interest rate | Percentage | | 4.805 | 4.306 | 3.788 | 3.649 | 4.476 | 5.161 | 5.488 | 2.628 | 2.672 | 3.438 | 3.298 | 2.723 | 2.492 | 1.770 | 1.493 |