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
|
|||
|---|---|---|---|---|---|---|---|---|---|
|
Wednesday, Jan 22, 2025
|
|||||||||
|
Jan 22, 21:00
|
14h 8min
|
KRW | Business Confidence (Jan) |
Medium
|
62 |
60
|
|||
|
Jan 22, 23:00
|
16h 8min
|
KRW | GDP Growth Rate QoQ (Q4) |
Medium
|
0.1% |
0.2%
|
|||
|
Jan 22, 23:00
|
16h 8min
|
KRW | GDP Growth Rate YoY (Q4) |
Low
|
1.5% |
1.4%
|
|||
|
Thursday, Jan 23, 2025
|
|||||||||
|
Jan 23, 05:00
|
22h 8min
|
KRW | 20-Year KTB Auction |
Low
|
2.75% | ||||
|
Tuesday, Jan 28, 2025
|
|||||||||
|
Jan 28, 00:00
|
5 days
|
KRW | Seollal Holiday |
None
|
|||||
|
Wednesday, Jan 29, 2025
|
|||||||||
|
Jan 29, 00:00
|
6 days
|
KRW | Seollal Holiday |
None
|
|||||
|
Thursday, Jan 30, 2025
|
|||||||||
|
Jan 30, 00:00
|
7 days
|
KRW | Seollal Holiday |
None
|
|||||
|
Saturday, Feb 01, 2025
|
|||||||||
|
Feb 01, 00:00
|
9 days
|
KRW | Exports YoY (Jan) |
Medium
|
6.6% | ||||
|
Feb 01, 00:00
|
9 days
|
KRW | Balance of Trade (Jan) |
Low
|
$6.49B | ||||
|
Feb 01, 00:00
|
9 days
|
KRW | Imports YoY (Jan) |
Low
|
3.3% | ||||
|
Sunday, Feb 02, 2025
|
|||||||||
|
Feb 02, 23:00
|
11 days
|
KRW | Industrial Production YoY (Dec) |
Low
|
0.1% |
-2.3%
|
|||
|
Feb 02, 23:00
|
11 days
|
KRW | Retail Sales MoM (Dec) |
Low
|
0.4% |
0.4%
|
|||
|
Feb 02, 23:00
|
11 days
|
KRW | Industrial Production MoM (Dec) |
Low
|
-0.7% |
1.2%
|
|||
|
Monday, Feb 03, 2025
|
|||||||||
|
Feb 03, 00:30
|
11 days
|
KRW | S&P Global Manufacturing PMI (Jan) |
Medium
|
|||||
|
Tuesday, Feb 04, 2025
|
|||||||||
|
Feb 04, 21:00
|
13 days
|
KRW | Foreign Exchange Reserves (Jan) |
Low
|
|||||
|
Feb 04, 23:00
|
13 days
|
KRW | Inflation Rate MoM (Jan) |
Low
|
0.4% | ||||
|
Feb 04, 23:00
|
13 days
|
KRW | Inflation Rate YoY (Jan) |
Medium
|
1.9% | ||||
|
Thursday, Feb 13, 2025
|
|||||||||
|
Feb 13, 21:00
|
22 days
|
KRW | Import Prices YoY (Jan) |
Low
|
|||||
|
Feb 13, 21:00
|
22 days
|
KRW | Export Prices YoY (Jan) |
Low
|
|||||
|
Saturday, Feb 15, 2025
|
|||||||||
|
Feb 15, 23:00
|
24 days
|
KRW | Unemployment Rate (Jan) |
Medium
|
|||||
|
Wednesday, Feb 19, 2025
|
|||||||||
|
Feb 19, 21:00
|
28 days
|
KRW | Consumer Confidence (Feb) |
Medium
|
|||||
|
Feb 19, 21:00
|
28 days
|
KRW | PPI YoY (Jan) |
Low
|
|||||
|
Feb 19, 21:00
|
28 days
|
KRW | PPI MoM (Jan) |
Low
|
|||||
|
Thursday, Feb 20, 2025
|
|||||||||
|
Feb 20, 21:00
|
29 days
|
KRW | Business Confidence (Feb) |
Medium
|
|||||
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