South Korea Forecast: Exports of Goods Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about South Korea Exports of Goods Growth Forecast

  • South Korea Exports of Goods Growth is forecasted to be 3.509 % in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 2.527 % in Dec 2023
  • Looking ahead, South Korea Exports of Goods Growth is projected to stand at 3.043 % in Dec 2028
  • 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 2028 in the chart:

South Korea Forecast: Exports of Goods Growth

What is South Korea's Forecast: Exports of Goods Growth in 2028?

South Korea Exports of Goods Growth is forecasted to be 3.509 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.043 2028 3.252 2027 -4.134 1989 37.600 1986 % yearly 1980 - 2028

Forecast: Exports of Goods Growth by Country Comparison

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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 (%) 2.289 2028 yearly 1980 - 2028
Austria (%) 2.073 2028 yearly 1980 - 2028
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 (%) 3.281 2028 yearly 1980 - 2028
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 (%) 3.047 2028 yearly 1980 - 2028
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 (%) 2.500 2028 yearly 2001 - 2028
Czech Republic (%) 2.600 2028 yearly 1996 - 2028
Democratic Republic of Congo (%) 7.660 2028 yearly 1980 - 2028
Denmark (%) 2.200 2028 yearly 1980 - 2028
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 (%) 5.419 2028 yearly 1980 - 2028
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 (%) 14.016 2028 yearly 1981 - 2028
Fiji (%) 0.000 yearly -
Finland (%) 3.200 2028 yearly 1981 - 2028
France (%) 3.501 2028 yearly 1980 - 2028
Gabon (%) 3.388 2028 yearly 1980 - 2028
Gambia (%) 5.754 2028 yearly 2000 - 2028
Georgia (%) 7.728 2028 yearly 1995 - 2028
Germany (%) 2.859 2028 yearly 1980 - 2028
Ghana (%) 4.394 2028 yearly 1980 - 2028
Greece (%) 2.444 2028 yearly 1980 - 2028
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 (%) 4.060 2028 yearly 1980 - 2028
Hungary (%) 4.701 2028 yearly 1980 - 2028
Iceland (%) 3.428 2028 yearly 1980 - 2028
India (%) 3.524 2028 yearly 1980 - 2028
Indonesia (%) 6.805 2028 yearly 1980 - 2028
Iran (%) -0.334 2028 yearly 1980 - 2028
Iraq (%) 0.000 yearly -
Ireland (%) 6.000 2028 yearly 1980 - 2028
Israel (%) 2.975 2028 yearly 1980 - 2028
Italy (%) 2.339 2028 yearly 1980 - 2028
Ivory Coast (%) 6.473 2028 yearly 1980 - 2028
Jamaica (%) 3.533 2028 yearly 1980 - 2028
Japan (%) 1.674 2028 yearly 1980 - 2028
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 (%) 3.043 2028 yearly 1980 - 2028
Kosovo (%) 5.775 2028 yearly 2001 - 2028
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 (%) 8.829 2028 yearly 1998 - 2028
Libya (%) -3.656 2028 yearly 1980 - 2028
Lithuania (%) 7.799 2016 yearly 1996 - 2016
Luxembourg (%) 2.400 2028 yearly 1987 - 2028

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South Korea Key Series

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Includes 455 key indicators for South Korea, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.6 Dec 2023 quarterly Jun 2000 - Dec 2023
Consolidated Fiscal Balance (USD mn) -6,888.333 Nov 2023 monthly Jul 1999 - Nov 2023
Tax Revenue (USD mn) 9,088.625 Feb 2024 monthly Jan 2000 - Feb 2024
Tax Revenue: % of GDP (%) 22.7 Dec 2023 quarterly Mar 2000 - Dec 2023
National Government Debt (USD mn) 815,782.8 Sep 2023 quarterly Sep 2002 - Sep 2023
Government Debt: % of GDP (%) 49.9 Sep 2023 quarterly Sep 2002 - Sep 2023
Forecast: Government Expenditure (KRW bn) 679,848.650 2028 yearly 1995 - 2028
Forecast: Government Net Debt (KRW bn) 1,606,994.340 2028 yearly 1990 - 2028
Forecast: Government Revenue (KRW bn) 679,687.380 2028 yearly 1995 - 2028
National Debt (ND) (KRW bn) 1,067,700.000 2022 yearly 1997 - 2022
Central Govt Debt: Foreign (KRW bn) 11,791.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Central Govt Debt (KRW bn) 1,099,561.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Domestic (KRW bn) 1,087,771.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Central Govt Debt: Short-Term (KRW bn) 0.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Medium & Long Term (KRW bn) 1,099,507.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Public Sector Debt (KRW bn) 1,588,700.000 2022 yearly 2011 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.043 2028 yearly 1980 - 2028
Trade Balance (USD mn) 4,291.2 Mar 2024 monthly Jan 1966 - Mar 2024
Total Exports (USD mn) 56,571.8 Mar 2024 monthly Jan 1966 - Mar 2024
Total Exports Growth (%) 3.1 Mar 2024 monthly Jan 1967 - Mar 2024
Aluminum: Exports (USD th) 4,568,165.809 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 1,062,354.931 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,513,466.420 2022 yearly 1995 - 2022
Total Imports (USD mn) 52,280.7 Mar 2024 monthly Jan 1966 - Mar 2024
Total Imports Growth (%) -12.3 Mar 2024 monthly Jan 1967 - Mar 2024
Imports: Medicament (USD th) 4,532,213.079 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 4,747,831.996 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 10,911.000 Mar 2024 monthly Apr 1964 - Mar 2024
Total Imports from USA (USD mn) 5,974.000 Mar 2024 monthly Apr 1964 - Mar 2024
Total Exports to China (USD mn) 10,520.000 Mar 2024 monthly Jan 1988 - Mar 2024
Total Imports from China (USD mn) 11,396.000 Mar 2024 monthly Jan 1988 - Mar 2024
Trade Balance: First 10 days (USD mn) -1,987.404 Apr 2024 monthly Jan 2016 - Apr 2024
Imports: First 10 days (USD mn) 18,428.230 Apr 2024 monthly Jan 2016 - Apr 2024
Exports: First 10 days (USD mn) 16,440.826 Apr 2024 monthly Jan 2016 - Apr 2024
Imports: Middle East: Qatar (USD th) 1,140,352.000 Feb 2024 monthly Jan 1993 - Feb 2024
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 249,718.000 Mar 2024 monthly Jan 1981 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,304.1 Feb 2024 monthly Jan 1980 - Feb 2024
Current Account Balance (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
Current Account Balance: % of GDP (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
Foreign Direct Investment (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Foreign Direct Investment: % of GDP (%) 1.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment (USD mn) 7,450.600 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.7 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 3,253.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 4,197.400 Dec 2023 quarterly Mar 1980 - Dec 2023
External Debt (USD mn) 663,631.1 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: % of GDP (%) 38.8 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 136,202.8 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: Short Term: % of GDP (%) 8.0 2023 yearly 1994 - 2023
Total Debt: % of GDP (%) 757.9 Dec 2023 quarterly Dec 2008 - Dec 2023
Forecast: Current Account Balance (USD bn) 66.020 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 779,876.500 Dec 2023 quarterly Dec 1994 - Dec 2023
BoP: CA: G&S: Goods: Exports fob (USD mn) 53,778.700 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: 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: G&S: SV: Credit (USD mn) 8,183.800 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: 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: Financial Derivatives (FD) (USD mn) -484.100 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: FD: Assets (USD mn) -4,690.900 May 2018 monthly Mar 1987 - 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: 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: sa: CA: Primary Income: Credit (USD mn) 6,100.500 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income: Credit (USD mn) 802.100 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 49,468.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods (USD mn) 8,227.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services (USD mn) -2,186.800 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 57,695.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Primary Income (USD mn) 2,187.800 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services: Debit (USD mn) 13,034.100 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income: Debit (USD mn) 1,359.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income (USD mn) -556.900 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Primary Income: Debit (USD mn) 3,912.700 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services: Credit (USD mn) 10,847.300 Feb 2024 monthly Jan 1980 - Feb 2024
International Investment Position: Liabilities (USD mn) 1,507,236.500 Dec 2023 quarterly Dec 1994 - Dec 2023
International Investment Position: Net (USD mn) 779,876.500 Dec 2023 quarterly Dec 1994 - Dec 2023
International Investment Position: Assets (USD mn) 2,287,113.000 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: Gross: Long Term (LT) (USD mn) 527,428.300 Dec 2023 quarterly Dec 1994 - Dec 2023
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) 72.400 Feb 2024 monthly Jan 2015 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 Dec 2023 quarterly Jun 2001 - Dec 2023
Household Debt: % of GDP (%) 103.5 Dec 2023 quarterly Dec 2002 - Dec 2023
Non-Performing Loans (USD mn) 7,165.465 Dec 2023 quarterly Jun 2001 - Dec 2023
Money Supply M1 (USD mn) 916,308.413 Jan 2024 monthly Jan 1970 - Jan 2024
Money Supply M2 (USD mn) 2,934,712.413 Jan 2024 monthly Jan 1970 - Jan 2024
M2 Growth (%) 3.8 Jan 2024 monthly Jan 1971 - Jan 2024
Reserve Requirement Ratio (%) 7.0 Mar 2024 monthly Nov 1979 - Mar 2024
Foreign Exchange Reserves (USD mn) 395,420.3 Mar 2024 monthly Dec 1956 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 7.000 Mar 2024 monthly Nov 1979 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 7.6 Mar 2024 monthly Jan 1971 - Mar 2024
Gold Reserves (USD mn) 4,794.759 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 1,873,942.617 Jan 2024 monthly Sep 1992 - Jan 2024
Total Deposits Growth (%) 3.8 Jan 2024 monthly Sep 1993 - Jan 2024
Domestic Credit (USD mn) 3,462,458.6 Feb 2024 monthly Dec 2001 - Feb 2024
Domestic Credit Growth (%) 4.9 Feb 2024 monthly Dec 2002 - Feb 2024
Debt Service Ratio: Households (%) 14.200 Sep 2023 quarterly Mar 1999 - Sep 2023
Debt Service Ratio: Private Non-Financial Sector (%) 23.800 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 1,663.027 Sep 2023 quarterly Dec 1962 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 3,695.718 Sep 2023 quarterly Dec 1962 - Sep 2023
Household Debt (USD mn) 1,742,901.9 Mar 2023 quarterly Dec 2002 - Mar 2023
Total Loans (USD mn) 1,704,813.020 Jan 2024 monthly Jan 1965 - Jan 2024
Total Loans Growth (%) 4.94 Jan 2024 monthly Jan 1966 - Jan 2024
Private Debt: % of Nominal GDP (%) 176.79 Dec 2023 quarterly Mar 1991 - Dec 2023
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) 1,223,180.100 Jan 2024 monthly Jan 1970 - Jan 2024
Money Supply: New M2: sa (KRW bn) 3,917,547.600 Jan 2024 monthly Jan 1970 - Jan 2024
Deposits: CSB: Households (KRW bn) 614,344.50 Mar 2018 monthly Jan 1975 - Mar 2018
Deposits: CSB: Corporations (KRW bn) 396,621.30 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
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) 9.0 Mar 2024 monthly Feb 2004 - Mar 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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