External Debt in Korea

Korea External Debt | Economic News & Forecasts

Korea - External Debt

Recent indicators suggest economic growth decelerated in Q1 2019 amid rising external headwinds. Industrial output fell in January and February, contrasting the growth recorded in Q4 2018 and dragged down by the manufacturing and construction sectors. Similarly in Q1, exports posted the first annual contraction in over two years, while the trade surplus narrowed. Moreover, the labor market has softened somewhat, with the unemployment rate averaging higher year-on-year. On 2 April, the government announced that it will present a supplementary budget later this month to strengthen job creation and ailing exports, which should provide a boost to the economy in the remainder of the year. A day later, Korean mobile carriers launched 5G services; Korean leadership in this field bodes well for long-run economic competitiveness and investment.

Korea - External Debt Data

2013  2014  2015  2016  2017  
External Debt (% of GDP)32.4  30.1  28.7  27.2  27.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Korea External Debt Chart


Korea External Debt
Note: External debt as % of GDP.
Source: Bank of Korea and Met the why particular calculations.

Korea Facts

ValueChangeDate
Bond Yield1.931.55 %Apr 22
Exchange Rate1,1420.21 %Apr 22
Stock Market2,217-0.11 %Apr 22

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form