South Korea Forecast: Exports of Goods Growth

1980 - 2029 | Yearly | % | International Monetary Fund

Key information about South Korea Exports of Goods Growth Forecast

  • South Korea Exports of Goods Growth is forecasted to be 6.608 % in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 2.863 % in Dec 2023
  • Looking ahead, South Korea Exports of Goods Growth is projected to stand at 3.037 % in Dec 2029
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Volume of Exports of Goods: YoY

View South Korea's Forecast: Exports of Goods Growth from 1980 to 2029 in the chart:

South Korea Forecast: Exports of Goods Growth

What is South Korea's Forecast: Exports of Goods Growth in 2029?

South Korea Exports of Goods Growth is forecasted to be 6.608 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.037 2029 3.094 2028 -4.134 1989 37.599 1986 % yearly 1980 - 2029

Forecast: Exports of Goods Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) -16.606 2020 yearly 2003 - 2020
Albania (%) 4.349 2028 yearly 1980 - 2028
Algeria (%) 0.225 2028 yearly 1980 - 2028
Angola (%) 1.335 2028 yearly 1998 - 2028
Antigua and Barbuda (%) 4.785 2028 yearly 2015 - 2028
Argentina (%) 4.933 2028 yearly 1980 - 2028
Armenia (%) 5.009 2028 yearly 1996 - 2028
Australia (%) 2.969 2029 yearly 1980 - 2029
Austria (%) 2.400 2029 yearly 1980 - 2029
Azerbaijan (%) -0.362 2028 yearly 1993 - 2028
Bahamas (%) 2.545 2028 yearly 1980 - 2028
Bahrain (%) -0.117 2028 yearly 1996 - 2028
Bangladesh (%) 11.439 2028 yearly 1980 - 2028
Barbados (%) 1.735 2028 yearly 1980 - 2028
Belarus (%) 1.284 2028 yearly 1993 - 2028
Belgium (%) 2.896 2029 yearly 1980 - 2029
Belize (%) 2.015 2028 yearly 1980 - 2028
Benin (%) 8.597 2028 yearly 1980 - 2028
Bhutan (%) 0.448 2028 yearly 1980 - 2028
Bolivia (%) 3.393 2028 yearly 1980 - 2028
Bosnia and Herzegovina (%) 1.020 2028 yearly 1999 - 2028
Botswana (%) 4.332 2028 yearly 1980 - 2028
Brazil (%) 2.645 2028 yearly 1980 - 2028
Brunei (%) 4.478 2028 yearly 1980 - 2028
Bulgaria (%) 3.353 2028 yearly 1980 - 2028
Burkina Faso (%) 6.698 2028 yearly 1981 - 2028
Burundi (%) 6.502 2028 yearly 1980 - 2028
Cambodia (%) 7.168 2028 yearly 1996 - 2028
Cameroon (%) 6.117 2028 yearly 1980 - 2028
Canada (%) 3.003 2029 yearly 1980 - 2029
Cape Verde (%) 12.859 2028 yearly 1980 - 2028
Central African Republic (%) 5.200 2028 yearly 1980 - 2028
Chad (%) 2.172 2028 yearly 1980 - 2028
Chile (%) 3.499 2028 yearly 1980 - 2028
China (%) 2.732 2028 yearly 1998 - 2028
Colombia (%) 3.416 2028 yearly 1980 - 2028
Comoros (%) 4.316 2028 yearly 1980 - 2028
Congo (%) 4.691 2028 yearly 1980 - 2028
Costa Rica (%) 6.292 2028 yearly 1980 - 2028
Croatia (%) 2.000 2028 yearly 1993 - 2028
Cyprus (%) 2.600 2029 yearly 2001 - 2029
Czech Republic (%) 4.360 2029 yearly 1996 - 2029
Democratic Republic of Congo (%) 7.660 2028 yearly 1980 - 2028
Denmark (%) 1.870 2029 yearly 1980 - 2029
Djibouti (%) 7.123 2028 yearly 1990 - 2028
Dominica (%) 4.500 2028 yearly 2001 - 2028
Dominican Republic (%) 7.148 2028 yearly 1980 - 2028
Ecuador (%) 1.962 2028 yearly 1980 - 2028
Egypt (%) 7.008 2029 yearly 1980 - 2029
El Salvador (%) 3.847 2028 yearly 1980 - 2028
Equatorial Guinea (%) -8.315 2028 yearly 1981 - 2028
Eritrea (%) 1.420 2028 yearly 1998 - 2028
Estonia (%) 3.000 2028 yearly 1994 - 2028
Swaziland (%) 3.365 2028 yearly 1980 - 2028
Ethiopia (%) 10.888 2029 yearly 1981 - 2029
Fiji (%) 0.000 yearly -
Finland (%) 3.200 2029 yearly 1981 - 2029
France (%) 2.928 2029 yearly 1980 - 2029
Gabon (%) 3.388 2028 yearly 1980 - 2028
Gambia (%) 5.754 2028 yearly 2000 - 2028
Georgia (%) 7.728 2028 yearly 1995 - 2028
Germany (%) 2.950 2029 yearly 1980 - 2029
Ghana (%) 4.394 2028 yearly 1980 - 2028
Greece (%) 2.105 2029 yearly 1980 - 2029
Grenada (%) 2.305 2028 yearly 2015 - 2028
Guatemala (%) 5.034 2028 yearly 1980 - 2028
Guinea (%) 6.402 2028 yearly 1980 - 2028
Guinea-Bissau (%) 2.161 2028 yearly 1981 - 2028
Guyana (%) 2.724 2028 yearly 1980 - 2028
Haiti (%) 4.755 2028 yearly 1980 - 2028
Honduras (%) 4.470 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 3.054 2029 yearly 1980 - 2029
Hungary (%) 4.701 2028 yearly 1980 - 2028
Iceland (%) 3.131 2029 yearly 1980 - 2029
India (%) 3.224 2029 yearly 1980 - 2029
Indonesia (%) 6.805 2028 yearly 1980 - 2028
Iran (%) -0.334 2028 yearly 1980 - 2028
Iraq (%) 0.000 yearly -
Ireland (%) 6.000 2029 yearly 1980 - 2029
Israel (%) 2.788 2029 yearly 1980 - 2029
Italy (%) 0.802 2029 yearly 1980 - 2029
Ivory Coast (%) 6.473 2028 yearly 1980 - 2028
Jamaica (%) 3.533 2028 yearly 1980 - 2028
Japan (%) 1.447 2029 yearly 1980 - 2029
Jordan (%) 3.575 2028 yearly 1980 - 2028
Kazakhstan (%) 3.153 2028 yearly 1993 - 2028
Kenya (%) 7.212 2028 yearly 1980 - 2028
Kiribati (%) -0.110 2028 yearly 1980 - 2028
South Korea (%) 3.037 2029 yearly 1980 - 2029
Kosovo (%) 5.391 2029 yearly 2001 - 2029
Kuwait (%) 2.994 2028 yearly 1980 - 2028
Kyrgyzstan (%) 1.562 2028 yearly 1993 - 2028
Laos (%) 6.726 2028 yearly 1980 - 2028
Latvia (%) 2.600 2028 yearly 1993 - 2028
Lebanon (%) -21.652 2020 yearly 1980 - 2020
Lesotho (%) 2.227 2028 yearly 1980 - 2028
Liberia (%) 6.594 2029 yearly 1998 - 2029
Libya (%) -3.656 2028 yearly 1980 - 2028
Lithuania (%) 7.799 2016 yearly 1996 - 2016
Luxembourg (%) 2.400 2029 yearly 1987 - 2029

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South Korea Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Consolidated Fiscal Balance (USD mn) -1,904.263 Sep 2024 monthly Jul 1999 - Sep 2024
Tax Revenue (USD mn) 17,359.304 Sep 2024 monthly Jan 2000 - Sep 2024
Tax Revenue: % of GDP (%) 13.2 Jun 2024 quarterly Mar 2000 - Jun 2024
National Government Debt (USD mn) 873,499.9 Sep 2024 quarterly Sep 2002 - Sep 2024
Government Debt: % of GDP (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 2024
Forecast: Government Expenditure (KRW bn) 700,035.486 2029 yearly 1995 - 2029
Forecast: Government Net Debt (KRW bn) 1,793,717.560 2029 yearly 1990 - 2029
Forecast: Government Revenue (KRW bn) 701,179.384 2029 yearly 1995 - 2029
National Debt (ND) (KRW bn) 1,126,800.000 2023 yearly 1997 - 2023
Central Govt Debt: Foreign (KRW bn) 10,362.000 Jun 2024 quarterly Dec 2002 - Jun 2024
Central Govt Debt (KRW bn) 1,145,896.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt: Domestic (KRW bn) 1,135,534.000 Jun 2024 quarterly Dec 2002 - Jun 2024
Central Govt Debt: Short-Term (KRW bn) 0.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt: Medium & Long Term (KRW bn) 1,145,700.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt (KRW bn) 1,148,600.000 Sep 2024 monthly Jan 2014 - Sep 2024
Public Sector Debt (KRW bn) 1,588,700.000 2022 yearly 2011 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.037 2029 yearly 1980 - 2029
Trade Balance (USD mn) 3,153.1 Oct 2024 monthly Jan 1966 - Oct 2024
Total Exports (USD mn) 57,500.1 Oct 2024 monthly Jan 1966 - Oct 2024
Total Exports Growth (%) 4.6 Oct 2024 monthly Jan 1967 - Oct 2024
Aluminum: Exports (USD th) 3,728,290.173 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,033,252.045 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 8,582,131.205 2023 yearly 1995 - 2023
Total Imports (USD mn) 54,347.0 Oct 2024 monthly Jan 1966 - Oct 2024
Total Imports Growth (%) 1.7 Oct 2024 monthly Jan 1967 - Oct 2024
Imports: Medicament (USD th) 4,791,545.717 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 6,039,256.682 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 10,401.559 Oct 2024 monthly Apr 1964 - Oct 2024
Total Imports from USA (USD mn) 5,971.769 Oct 2024 monthly Apr 1964 - Oct 2024
Total Exports to China (USD mn) 12,176.591 Oct 2024 monthly Jan 1988 - Oct 2024
Total Imports from China (USD mn) 12,515.149 Oct 2024 monthly Jan 1988 - Oct 2024
Trade Balance: First 10 days (USD mn) -855.717 Nov 2024 monthly Jan 2016 - Nov 2024
Imports: First 10 days (USD mn) 15,765.138 Nov 2024 monthly Jan 2016 - Nov 2024
Exports: First 10 days (USD mn) 14,909.421 Nov 2024 monthly Jan 2016 - Nov 2024
Imports: Middle East: Qatar (USD th) 1,289,584.000 Oct 2024 monthly Jan 1993 - Oct 2024
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 243,408.000 Oct 2024 monthly Jan 1981 - Oct 2024
Export Value Index (2015=100) 122.334 2021 yearly 1980 - 2021
Import Value Index (2015=100) 140.915 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,469.2 Sep 2024 monthly Jan 1980 - Sep 2024
Current Account Balance (USD mn) 8,186.7 Sep 2024 monthly Jan 1980 - Sep 2024
Current Account Balance: % of GDP (USD mn) 8,186.7 Sep 2024 monthly Jan 1980 - Sep 2024
Foreign Direct Investment (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Foreign Direct Investment: % of GDP (%) 0.6 Jun 2024 quarterly Mar 1980 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,244.800 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 1.2 Jun 2024 quarterly Mar 1980 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -4,992.2 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 10,237.000 Sep 2024 quarterly Mar 1980 - Sep 2024
External Debt (USD mn) 658,284.1 Jun 2024 quarterly Dec 1994 - Jun 2024
External Debt: % of GDP (%) 36.6 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 141,962.9 Jun 2024 quarterly Dec 1994 - Jun 2024
External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1994 - 2023
Total Debt: % of GDP (%) 701.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Forecast: Current Account Balance (USD bn) 97.775 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 858,450.400 Jun 2024 quarterly Dec 1994 - Jun 2024
BoP: CA: G&S: Goods: Exports fob (USD mn) 53,778.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: SV: Credit (USD mn) 8,183.800 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: SV: Debit (USD mn) 10,277.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Credit (USD mn) 873.600 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Debit (USD mn) 1,713.900 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Direct Investment (DI) (USD mn) 6,056.900 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: DI: Direct Investment Assets (USD mn) 6,294.200 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Portfolio Investment (PI) (USD mn) 407.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: PI: Portfolio Investment Asset (PIA) (USD mn) 3,416.100 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: PI: Portfolio Investment Liabilities (PIL) (USD mn) 3,008.700 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Financial Derivatives (FD) (USD mn) -484.100 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: FD: Assets (USD mn) -4,690.900 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: FD: Liabilities (USD mn) -4,206.800 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: Other Investment (OI) (USD mn) -2,828.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: OI: Other Investment Assets (OIA) (USD mn) 4,833.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: OI: Other Investment Liabilities (OIL) (USD mn) 7,661.800 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: Goods: Imports fob (USD mn) 42,392.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: Services (SV) (USD mn) -2,093.900 May 2018 monthly Jan 1980 - May 2018
BoP: sa: CA: Primary Income: Credit (USD mn) 6,152.700 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Secondary Income: Credit (USD mn) 851.500 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 54,393.200 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Services: Debit (USD mn) 13,886.000 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Goods (USD mn) 7,840.300 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 62,233.500 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Services (USD mn) -2,074.100 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Primary Income (USD mn) 2,885.800 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Secondary Income: Debit (USD mn) 1,316.800 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Primary Income: Debit (USD mn) 3,266.900 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Secondary Income (USD mn) -465.300 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Services: Credit (USD mn) 11,811.900 Sep 2024 monthly Jan 1980 - Sep 2024
International Investment Position: Liabilities (USD mn) 1,536,744.900 Jun 2024 quarterly Dec 1994 - Jun 2024
International Investment Position: Net (USD mn) 858,450.400 Jun 2024 quarterly Dec 1994 - Jun 2024
International Investment Position: Assets (USD mn) 2,395,195.300 Jun 2024 quarterly Dec 1994 - Jun 2024
External Debt: Gross: Long Term (LT) (USD mn) 516,321.200 Jun 2024 quarterly Dec 1994 - Jun 2024
Outward Direct Investment: Total Invested (USD mn) 4,400.508 Jun 2024 monthly Jan 1981 - Jun 2024
ODI: Total Invested: Real Estate (USD mn) 725,563.42 Jun 2018 monthly Dec 1980 - Jun 2018
Smalll Business Health Index (SBHI): Economic Outlook (EO) (Index) 74.400 Oct 2024 monthly Jan 2015 - Oct 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 Sep 2024 quarterly Jun 2001 - Sep 2024
Household Debt: % of GDP (%) 93.9 Jun 2024 quarterly Dec 2002 - Jun 2024
Non-Performing Loans (USD mn) 8,138.926 Sep 2024 quarterly Jun 2001 - Sep 2024
Money Supply M1 (USD mn) 943,048.428 Sep 2024 monthly Jan 1970 - Sep 2024
Money Supply M2 (USD mn) 3,106,310.174 Sep 2024 monthly Jan 1970 - Sep 2024
M2 Growth (%) 6.7 Sep 2024 monthly Jan 1971 - Sep 2024
Reserve Requirement Ratio (%) 7.0 Oct 2024 monthly Nov 1979 - Oct 2024
Foreign Exchange Reserves (USD mn) 391,672.1 Oct 2024 monthly Dec 1956 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 7.000 Oct 2024 monthly Nov 1979 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 7.2 Oct 2024 monthly Jan 1971 - Oct 2024
Gold Reserves (USD mn) 4,794.759 Oct 2024 monthly Dec 1956 - Oct 2024
Total Deposits (USD mn) 1,989,631.086 Sep 2024 monthly Sep 1992 - Sep 2024
Total Deposits Growth (%) 5.4 Sep 2024 monthly Sep 1993 - Sep 2024
Domestic Credit (USD mn) 3,624,438.3 Sep 2024 monthly Dec 2001 - Sep 2024
Domestic Credit Growth (%) 5.3 Sep 2024 monthly Dec 2002 - Sep 2024
Debt Service Ratio: Households (%) 14.100 Dec 2023 quarterly Mar 1999 - Dec 2023
Debt Service Ratio: Private Non-Financial Sector (%) 23.600 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 1,731.240 Dec 2023 quarterly Dec 1962 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 3,838.578 Dec 2023 quarterly Dec 1962 - Dec 2023
Household Debt (USD mn) 1,742,901.9 Mar 2023 quarterly Dec 2002 - Mar 2023
Total Loans (USD mn) 1,810,289.975 Sep 2024 monthly Jan 1965 - Sep 2024
Total Loans Growth (%) 6.36 Sep 2024 monthly Jan 1966 - Sep 2024
Private Debt: % of Nominal GDP (%) 162.85 Jun 2024 quarterly Mar 1991 - Jun 2024
Money Supply: New M2: Certificate of Deposit (KRW bn) 24,533.00 Mar 2018 monthly Jun 1984 - Mar 2018
Money Supply: New M1: sa (KRW bn) 1,240,052.100 Sep 2024 monthly Jan 1970 - Sep 2024
Money Supply: New M2: sa (KRW bn) 4,084,611.500 Sep 2024 monthly Jan 1970 - Sep 2024
Deposits: CSB: Corporations (KRW bn) 396,621.30 Mar 2018 monthly Jan 1975 - Mar 2018
Deposits: CSB: Households (KRW bn) 614,344.50 Mar 2018 monthly Jan 1975 - Mar 2018
Loans of CSBs: CH: Corporate (KRW bn) 796,021.70 Mar 2018 monthly Dec 2006 - Mar 2018
Loans of Commercial and Specialized Banks (CSB): Total (KRW bn) 1,525,815.40 Mar 2018 monthly Jan 1965 - Mar 2018
Loans of CSBs: CH: Household (KRW tn) 1,139.500 Oct 2024 monthly Dec 2013 - Oct 2024
Loans of CSBs: Corporate and Household (CH) (KRW tn) 2,463.800 Oct 2024 monthly Dec 2013 - Oct 2024
Loans of CSBs: CH: Household: Mortgage (KRW tn) 900.300 Oct 2024 monthly Dec 2013 - Oct 2024
KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) 12,186.500 Dec 2018 quarterly Jun 2001 - Dec 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 2.0 Nov 2024 monthly Feb 2004 - Nov 2024
Busniess Survey Index: Forecast: Manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
Business Survey Index: Forecast: Non-manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
BSI: Forecast: BC: Services (NA) 81.000 Jul 2018 monthly Sep 2009 - Jul 2018
Business Survey Index: Actual: Manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018
Business Survey Index: Actual: Non-manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018

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