- Press Releases
- Interest Rates : January 2021 2021.02.26
□ In January 2021, the average interest rate on new deposits was 0.87%, down 3 basis point from the previous month. ― The average interest rate on outstanding amounts of deposits as of end-January stood at 0.73%, down 2 basis point from the previous month.
- Economic Outlook (February 2021) 2021.02.25
Korea's real GDP is projected to grow by 3.0 percent in 2021 and 2.5 percent in 2022.
- ★ Monetary Policy Decision(February 25, 2021) 2021.02.25
The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 0.50% for the intermeeting period. Currently available information suggests that the recovery of the global economy has remained slow due to the ongoing influence of the movement restrictions following the resurgence of COVID-19. In global financial ...
- Trade Indices & Terms of Trade Indices: January 2021 2021.02.24
□ The net barter terms of trade index increased by 7.0% year-on-year in January of 2021. * Please refer to the attached file.
- Interest Rates : January 2021 2021.02.26
- Notice
Recent Papers & Publications
- [2020-12] Impacts of Changes in Korea’s Global Value Chain (GVC) Participation Structure on Its Exports
- Monetary Policy Report (December 2020)
- [2020-11] Possibility of a Level-Up in Household Saving Rate Following COVID-19
- [2020-10] Corporate Financial Constraints in Korea after the Global Financial Crisis
Principal Indicators
100 Korean StatisticsGDP Growth rate(%) | +1.1 | -1.4 | 2020.4/4 |
---|---|---|---|
CPI | 106.47 | +0.6 | 2021.01 |
PPI | 104.88 | +0.8 | 2021.01 |
Current Account(mil.US$) | 11,507 | - | 2020.12 |
M2(tril.Won) | 3,198 | +9.8 | 2020.12 |
Research Papers
By Subject

- Monetary Policy Report (December 2020)
- - This report is the English version of the Bank of Korea's Monetary Policy Report, published on December 10, 2020. In the case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached Excel file. &nbs...


- Financial Stability Report (June 2020)
- - Please refer to the attached PDF file. - This is a translation prepared by the Bank's staff based on the original Korean text released on June 24, 2020.


- BOK Working Paper No.2018-8, Rare Disasters and Exchange Rates: An Empirical Investigation of South Korean Exchange Rates under Tension between the Two Koreas
- Title : Rare Disasters and Exchange Rates: An Empirical Investigation of South Korean Exchange Rates under Tension between the Two Koreas Author : Cheolbeom Park(Korea University), Suyeon Park(BOK) <Abstract> We investigate the implications of the disaster hypothesis proposed that chang...


- Quarterly Bulletin(December 2020)
- - Current Economic and Financial Developments …3 - Impacts of Changes in Korea's Global Value Chain (GVC) Participation Structure on Its Exports …15 - Financial Statement Analysis for 2019 …32 - Appendices …35


- Financial Statement Analysis for 2018
- FOREWORD Bank of Korea is pleased to release the 2018 edition of its Financial Statement Analysis (FSA), published annually since 1960 to provide research on and analysis of the business performances and financial conditions of Korean corporations. This edition contains the finan...


- [2015-6]Factors behind Lackluster Recoveries in the Employment-to-population Ratios of Major Countries and Their Prospects
- Although major countries have shaken off the influence of the global financial crisis and are showing a modest economic recovery, the levels of the employment-to-population ratios in major countries are running below their pre-crisis levels, as the degree of the recovery in their employment-to...

Periodicals

- [2020-12] Impacts of Changes in Korea’s Global Value Chain (GVC) Participation Structure on Its Exports
- Since the global financial crisis, global trade has been in the doldrums due to a slowdown in global economic growth and to a loosened global value chain. Affected by the sluggish global trade, Korea’s exports have been growing very slowly since the global financial crisis. This could also be ...


- [2020-11] Possibility of a Level-Up in Household Saving Rate Following COVID-19
- As Korea, like other major economies, sees a contraction in domestic consumption this year due to the COVID-19 crisis, its household saving rate is expected to rise significantly. A higher saving rate in general is a positive development in that it leads to greater corporate funding and subsequently...


- Quarterly Bulletin(December 2020)
- - Current Economic and Financial Developments …3 - Impacts of Changes in Korea's Global Value Chain (GVC) Participation Structure on Its Exports …15 - Financial Statement Analysis for 2019 …32 - Appendices …35


- Monetary Policy Report (December 2020)
- - This report is the English version of the Bank of Korea's Monetary Policy Report, published on December 10, 2020. In the case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached Excel file. &nbs...
