South Korea - Economic Indicators

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South Korea T+1
Inflation Rate
Unemployment Rate
GDP Growth Rate
Interest Rate

South Korea Inflation Rate was last reported at 1.00 percent. It ranks as the world's 36th lowest recorded inflation rate. Source: Statistics Korea. 2010=100, NSA.
South Korea Unemployment Rate stands at 3.60 percent and is the 34th lowest unemployment rate. Source: Statistics Korea. SA.
South Korea GDP Growth Rate latest value is -0.20 percent, it is ranked as the 6th world's lowest gdp growth rate. Source: The Bank of Korea.
South Korea Interest Rate was last reported at 1.50 percent. It ranks as the world's 20th lowest recorded interest rate. Source: The Bank of Korea.
Inflation Rate in South Korea is expected to decrease to 0.9 percent in 02/28/2018 while in the long term it is predicted to converge to 1.4 percent. Unemployment Rate in South Korea is forecast to continue at the current level of 3.60 percent in 02/28/2018. In the long run, Unemployment Rate in South Korea it is projected to converge to 3.7 percent. GDP Growth Rate in South Korea is estimated to rise to 1.2 percent in 02/28/2018. South Korea GDP Growth Rate will reach 1.5 percent in the long term. Interest Rate in South Korea is expected to remain unchanged at 1.50 percent in 02/28/2018 while in the long term it is predicted to converge to 1.75 percent.