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Economic trends in Korea & policy measures by the BOK

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Frame of Image 
□
The
GDP
growth
rate
for
2009
is
expected
to
register
△
2.4% (year-on-year) owing to lackluster domestic and external demand.
ㅇ
The
scale to
of
sharply
△
the 0 .6 %
negative in th e
GDP
growth h a lf
should f ro m
secon d
△
narrow 4 .2 % in
th e firs t h alf.
Prospects of Economi c G rowth
(Period-on-period, %) 2008 1st half G P grow h D t Private consumption Facilities investment Construction investment Goods exports Goods imports 0.8 (4.9) 0.4 (3.1) 0.0 (1.3) -1.4 (-1.0) 0.9 (11.0) 1.6 (10.9) 2nd half -2.4 (-0.3) -2.3 (-1.2) -7.0 (-5.2) -1.5 (-3.0) -6.7 (-2.2) -7.2 (-1.3) Year 2.2 0.9 -2.0 -2.1 4.1 4.6 1Q 0.1 0.4 -9.6 5.3 (1.7) -3.4 -7.0 2Q 0.5 0.1 -4.3 2.4 (1.5) -1.3 3.1 2009 1st half 0.4 (-4.2) 0.4 (-4.1) -6.2 2.3 (0.4) -1.8 -1.0
e)
2010 2nd half 0.9 (-0.6) 0.5 (-1.0) 5.0 -0.2 (3.1) 4.5 3.9 Year -2.4 -2.6 -18.0 1.8 -9.9 -10.9
e)
Year 3.5 3.1 13.0 1.2 8.8 7.0
(-4.3) (-4.1) (-4.4) (-4.0)
(-22.1) (-24.4) (-22.7) (-13.0)
(-14.1) (-16.6) (-14.9) (-4.7) (-18.1) (-16.7) (-16.5) (-5.0)
Notes : 1) Figures in parentheses represent year-on-year rates of increase in the original series (%). 2) Figures of the 1st and the 2nd halves are the simple averages of the respective quarterly growth rates after seasonal adjustment.
① ② ③ ④
Private consumption : 0.9% in 2008 Facilities investment :
△
2.0%
Construction investment :
△
2.1%
Goods exports (in volume terms) : 4.1%
→△ →△ → →△
2.6% in 2009
18.0%
1.8% 9.9%
-1-
2. Empl oyment
□
The number of persons in employment is expected to show a


Full Text
Title Economic trends in Korea & policy measures by the BOK
Similar Titles
Material Type Reports
Author(English)

The Bank of Korea

Publisher

[Seoul]:The Bank of Korea

Date 2009-04
Pages 12
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Administration
Holding The Bank of Korea; KDI School

Abstract

This material was released at a seminar for central bank offices in Germany held on April 27.