Economic Indicators 
by Florence Lowe-Lee

 

1997

1998

1999

 

Jun

Dec

Jun

Dec

Jan

Feb

Mar

Apr

Usable Official Foreign

 

8.9

37.0

48.5

50.1

52.0

54.5

56.4

Exchange Reserves
($ billions)

               

Unemployment Rate (%)

2.3

3.1

7.0

7.9

8.5

8.7

8.1

7.2

Exchange Rate won/$
(end of month)

888

1415

1385

1208

1175

1223

1227

1188

Stock Price Index (1980=100)

765

390

313

525

598

533

586

721

Industrial Production (1995=100)

116

117

100

123

112

104

105

n/a

Source: Bank of Korea

 

1998

1999

 

1995

1996

1997

1998

1st Qtr.

2nd Qtr.

3rd Qtr.

4th Qtr.

1st Qtr.

GDP Growth (%)

8.9

7.1

5.5

-5.8

-3.9

-3.9

-6.8

-5.3

4.6

Trade Account ($billions)

-4.4

-15.0

-3.2

41.2

9.8

11.4

10.2

9.7

7.1

Consumption Growth (%)

8.2

7.2

3.3

-8.2

-8.4

-9.7

-8.9

-5.8

n/a

Domestic Investment Growth (%)

11.9

7.3

-2.2

-21.1

-20.6

-23.7

-22.2

-17.9

n/a

Current Account ($billions)

-8.5

-23.0

-8.2

40.0

10.9

10.9

9.6

8.7

6.8

FDI Inflows ($billions)

1.9

3.2

7.0

8.9

0.6

1.9

2.2

4.2

2.0

Source: Bank of Korea and Ministry of Finance and Economy

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