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Monthly Economic Trends KDI Monthly Economic Trends 2024. 7 July 08, 2024

Monthly Economic Trends

Monthly published report on the analysis and forecast of the Korean economy based on domestic and foreign macroeconomic statistics.

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KDI Monthly Economic Trends 2024. 7
July. 08. 2024
Summary
Despite high growth in exports, Korea’s domestic demand has yet to exhibit signs of a recovery trend, resulting in a somewhat tepid improvement in overall economic conditions.
     
  Exports maintain a favorable trend centered on ICT products.
     
  - As the global trade downturn eases, the semiconductor market remains strong.
     
  - Accordingly, semiconductor exports and production are showing high growth.
     
  However, as the high-interest rate environment persists, domestic demand has not shown signs of recovery.
   
  - Loan delinquency rates are rising, while retail sales, equipment investment, and construction investment are all on the decline.
     
  - Consequently, inflation is nearing the target, and employment conditions are adjusting, particularly in the service and construction industries.
     
  Meanwhile, external risk factors, such as heightened geopolitical tensions, continue to persist.
Contents
Major Economic Indicators

Summary and Assessment

Major Indicators of the Korean Economy

1. Gross Domestic Product
  (at 2020 Constant Prices)

2. Economic Activity

3. Consumption

4. Equipment Investment

5. Construction Investment

6-1. Exports, Imports and Terms of Trade

6-2. Current Account and Financial Account

7. Employment and Wage

8. Price Indices

9-1. Financial Market (I)

9-2. Financial Market (II)

10. Housing Market

11-1. Major Indicators of the World Economy (I)

11-2. Major Indicators of the World Economy (II)
국내총생산 및 국내총소득의 성장률(2020년 불변가격) Growth Rates of GDP and GDI (at 2020 Constant Prices)
그래프 영역입니다. 그래프
민간소비 및 고정투자(2020년 불변가격) Growth Rate of Private Consumption and Fixed Investment(at 2020 Constant Prices)
그래프 영역입니다. 그래프
총수출 및 총수입 Total Imports and Exports
그래프 영역입니다. 그래프
외국인 순매수 Foreign Investors’ Net Purchase of Stocks
그래프 영역입니다. 그래프
기업대출 Bank Loans to Corporations
그래프 영역입니다. 그래프
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