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
|
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
|---|---|---|---|---|---|---|---|---|---|
|
Monday, Feb 24, 2025
|
|||||||||
|
Feb 24, 05:00
|
1 day
|
|
KRW | 5-Year KTB Auction |
Low
|
2.725% | |||
|
Tuesday, Feb 25, 2025
|
|||||||||
|
Feb 25, 01:00
|
2 days
|
|
KRW | Interest Rate Decision |
Medium
|
3% |
2.75%
|
||
|
Feb 25, 05:00
|
2 days
|
|
KRW | 20-Year KTB Auction |
Low
|
2.77% | |||
|
Saturday, Mar 01, 2025
|
|||||||||
|
Mar 01, 00:00
|
6 days
|
|
KRW | Exports YoY (Feb) |
Medium
|
-10.3% |
-10.3%
|
||
|
Mar 01, 00:00
|
6 days
|
|
KRW | Imports YoY (Feb) |
Low
|
-6.4% |
-6.4%
|
||
|
Mar 01, 00:00
|
6 days
|
|
KRW | Balance of Trade (Feb) |
Low
|
-$1.89B |
-$1.89B
|
||
|
Monday, Mar 03, 2025
|
|||||||||
|
Mar 03, 00:00
|
8 days
|
|
KRW | Liberation Day |
None
|
||||
|
Mar 03, 23:00
|
9 days
|
|
KRW | Industrial Production MoM (Jan) |
Low
|
4.6% |
-2.3%
|
||
|
Mar 03, 23:00
|
9 days
|
|
KRW | Retail Sales MoM (Jan) |
Low
|
-0.6% |
0.4%
|
||
|
Mar 03, 23:00
|
9 days
|
|
KRW | Industrial Production YoY (Jan) |
Low
|
5.3% |
2.2%
|
||
|
Tuesday, Mar 04, 2025
|
|||||||||
|
Mar 04, 00:30
|
9 days
|
|
KRW | S&P Global Manufacturing PMI (Feb) |
Medium
|
50.3 | |||
|
Mar 04, 05:00
|
9 days
|
|
KRW | 2-Year KTB Auction |
Low
|
2.635% | |||
|
Mar 04, 23:00
|
10 days
|
|
KRW | GDP Growth Rate YoY (Q4) |
Low
|
1.5% |
1.2%
|
||
|
Mar 04, 23:00
|
10 days
|
|
KRW | GDP Growth Rate QoQ (Q4) |
Medium
|
0.1% |
0.5%
|
||
|
Wednesday, Mar 05, 2025
|
|||||||||
|
Mar 05, 05:00
|
10 days
|
|
KRW | 30-Year KTB Auction |
Low
|
2.73% | |||
|
Mar 05, 21:00
|
11 days
|
|
KRW | Foreign Exchange Reserves (Feb) |
Low
|
$411B |
$409B
|
||
|
Mar 05, 23:00
|
11 days
|
|
KRW | Inflation Rate MoM (Feb) |
Low
|
||||
|
Mar 05, 23:00
|
11 days
|
|
KRW | Inflation Rate YoY (Feb) |
Medium
|
||||
|
Thursday, Mar 06, 2025
|
|||||||||
|
Mar 06, 23:00
|
12 days
|
|
KRW | Current Account (Jan) |
Low
|
||||
|
Monday, Mar 10, 2025
|
|||||||||
|
Mar 10, 05:00
|
15 days
|
|
KRW | 3-Year KTB Auction |
Low
|
||||
|
Wednesday, Mar 12, 2025
|
|||||||||
|
Mar 12, 23:00
|
18 days
|
|
KRW | Unemployment Rate (Feb) |
Medium
|
||||
|
Thursday, Mar 13, 2025
|
|||||||||
|
Mar 13, 21:00
|
19 days
|
|
KRW | Export Prices YoY (Feb) |
Low
|
||||
|
Mar 13, 21:00
|
19 days
|
|
KRW | Import Prices YoY (Feb) |
Low
|
||||
|
Friday, Mar 14, 2025
|
|||||||||
|
Mar 14, 05:00
|
19 days
|
|
KRW | 50-Year KTB Auction |
Low
|
||||
|
Monday, Mar 17, 2025
|
|||||||||
|
Mar 17, 05:00
|
22 days
|
|
KRW | 10-Year KTB Auction |
Low
|
||||
|
Thursday, Mar 20, 2025
|
|||||||||
|
Mar 20, 21:00
|
26 days
|
|
KRW | PPI MoM (Feb) |
Low
|
||||
|
Mar 20, 21:00
|
26 days
|
|
KRW | PPI YoY (Feb) |
Low
|
||||
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