Bank of Korea
AI chip demand lifts Korea 2026 growth forecast to 3.3 percent
The Bank of Korea raised its 2026 GDP growth forecast by 0.7 percentage points to 3.3 percent, driven by a broadening semiconductor boom.
Focus
Base Rate raised to 3.00 percent as growth and housing risks rise
The Bank of Korea raised its Base Rate by 25 basis points to 3.00 percent in a 6-1 vote.
All-industry business sentiment rises 1.1 points to 99.6 in August
South Korea's Composite Business Sentiment Index for all industries rose by 1.1 points month-on-month to 99.6 in August 2026.
Latest
New household loans fall to KRW 34.1 million as mortgages shrink
Newly issued household loans in South Korea fell by KRW 1.28 million to KRW 34.14 million per borrower in the second quarter of 2026.
Producer prices fall 0.4 percent in July as energy costs drop
South Korea's producer price index fell 0.4 percent month-on-month in July 2026, driven by lower energy and financial service prices.
South Korea net investment position falls to 64 billion dollars
South Korea's net international investment position dropped by $689.5 billion over the quarter to $64.0 billion at the end of Q2 2026.
More Topics
Household credit rises 1.3 percent to 2,019.8 trillion won in Q2
Total South Korean household credit increased by 25.9 trillion won in the second quarter of 2026 to stand at 2,019.8 trillion won.
Export prices rise 1.0 percent as import prices fall 1.0 percent
The Bank of Korea reported that South Korea's export price index increased 1.0 percent month-on-month in July 2026, while the import price index fell 1.0 percent.
North Korean real GDP expands 3.5 percent on industrial gains
North Korea's real gross domestic product expanded 3.5 percent in 2025, according to Bank of Korea estimates.
South Korean business sentiment index rises to 98.5 in July
The Bank of Korea's Composite Business Sentiment Index for all industries rose by 0.8 points month-on-month to 98.5 in July 2026.
Real GDP expands 0.6 percent in second quarter
Real gross domestic product in South Korea increased by 0.6 percent in the second quarter of 2026 compared to the previous period, driven by exports and intellectual property investment.
National wealth rises 2.2 percent to 24,561 trillion won
South Korea's national wealth increased by 531 trillion won to reach 24,561 trillion won at the end of 2025, according to preliminary Bank of Korea data.