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Korea survey forum with KDI

Related Document
Frame of Image 5
-10
-10
-15
-15
-20
2006
2007
2008
2009
2010
2011
-20
Source: OECD Analytic Statistics Database.
4
Expansion led by exports and manufactuirng
Volume indices 2005=100¹
Index Index
180 170 160 150 140 130 120 110 100 90
Manufacturing production Exports
180 170 160 150 140 130 130 120 110 100 90
2006
2007
2008
2009
2010
2011
2012
1. Seasonally-adjusted for production and a three-month moving average for non-seasonally-adjusted exports. Source: Bank of Korea.
5
Export growth was supported by a weak won
2005 = 100
Index
Index
130 120 110 100 90 80 70 60 50
2006 2007 2008 2009 2010 2011
Nominal effective rate¹ Real effective exchange rate¹ Vis-à-vis yen
130 120 110 100 90 90 80 70 60 50
1. Calculated vis-à-vis 48 trading partners. The real rate is calculated using consumer prices. Source: OECD Economic Outlook Database.
6
Short-term economic outlook in Korea
Percentage change in volume terms (2005 prices)
2010
GDP Private consumption Government consumption Gross fixed capital formation Final domestic demand Stockbuilding3 Total domestic demand Exports of goods and services Imports of goods and services Net exports3 6.3 4 .4 2 .9 5 .8 4 .6 2 .5 7 .2 1 4 .7 1 7 .3 -0 . 6
20111
3 .6 2 .3 2 .1 -1 . 1 1 .2 0 .8 2 .0 9 .5 6 .5 1 .8
20122
3 .5 2 .1 2 .7 2 .1 2 .2 0 .5 2 .7 5 .1 3 .5 1 .0
20132
4 .3 3 .8 3 .0 4 .6 3 .9 0 .0 3 .8 9 .8 9 .0 0 .6
Memorandum items Consumer price index (CPI) Core CPI Unemployment rate Household saving Current account 1. rate4 2 .9 1 .8 3 .7 4 .3 2 .8 4 .0 3 .


Full Text
Title Korea survey forum with KDI
Similar Titles
Material Type Proceedings
Author(English)

Jones, Randall S.

Publisher

[Paris]:OECD

Date 2012-04
Event

2012 OECD 한국경제보고서 포럼

Pages 37
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Macroeconomics
Social Development < Education
Social Development < Employment
Holding KDI; KDI School of Public Policy and Management