I. Composite indexes of business conditions (1990=100)
(*p : indicates projections)
| กก |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 APR. |
MAY. |
JUN. |
JUL. |
| Leading index |
- |
- |
- |
- |
- |
162.1 |
*p163.5 |
p164.6 |
p166.1 |
| Roughly coincident index |
- |
- |
- |
- |
- |
147.3 |
147.7 |
148.1 |
p148.5 |
| Lagging index |
- |
- |
- |
- |
- |
147.0 |
147.1 |
147.8 |
p148.5 |
| Cycle of coincident composite index |
- |
- |
- |
- |
- |
100.3 |
100.1 |
99.9 |
p99.7 |
2. Industrial activities (1990=100)
| กก |
1992 |
1993 |
1994 |
1995 |
1996 |
1997APR. |
MAY. |
JUN. |
JUL. |
| Industrial production index |
116.0 |
121.1 |
134.5 |
150.5 |
163.3 |
182.4 |
177.1 |
175.3 |
174.3 |
| Producer's shipment index |
116.3 |
122.8 |
137.5 |
154.8 |
167.4 |
184.2 |
182.8 |
180.3 |
178.0 |
| Producer's inventory index |
130.2 |
133.7 |
142.7 |
163.9 |
187.6 |
203.0 |
202.3 |
201.8 |
204.5 |
| Manufacturing production capacity index |
112.3 |
114.6 |
118.6 |
129.6 |
140.1 |
149.8 |
151.6 |
152.3 |
152.5 |
| Manufacturing operation ratio index |
100.2 |
99.5 |
103.9 |
103.6 |
102.9 |
107.0 |
101.9 |
99.4 |
98.3 |
| Wholesale and retail trade index (constant) |
114.7 |
124.4 |
134.3 |
144.8 |
154.8 |
166.4 |
164.8 |
157.2 |
157.2 |
3. Investment
| 1992 |
1993 |
1994 |
1995 |
1996 |
1997 APR. |
MAY. |
JUN. |
JUL. |
| Value of domestic machinery orders received (billion won) |
| 12,768.7 |
14,532.4 |
18,498.3 |
20,962.6 |
23,588.9 |
2,411.6 |
2,146.8 |
2,337.8 |
1,942.3 |
| Value of domestic construction orders received (billion won) |
| 27,861.0 |
33,246.5 |
39,393.8 |
49,025.1 |
59,535.0 |
6,244.1 |
4,508.1 |
7,214.9 |
3,862.5 |
| Permitted floor area for building construction (thousand sq. m) |
| 94,647 |
117,790 |
116,221 |
117,327 |
113,820 |
10,154 |
11,952 |
9,872 |
9,277 |
4. Labor and wages
| 1992 |
1993 |
1994 |
1995 |
1996 |
1997 APR. |
MAY. |
JUN. |
JUL. |
| Economically active population (thousand persons) |
| 19,426 |
19,803 |
20,326 |
20,797 |
21,188 |
21,822 |
21,909 |
21,874 |
21,865 |
| Economically active population (thousand persons) |
| 18,961 |
19,253 |
19,837 |
20,377 |
20,764 |
21,219 |
21,359 |
21,378 |
21,389 |
| Unemployment rate (%) |
| 2.4 |
2.8 |
2.4 |
2.0 |
2.0 |
2.8 |
2.5 |
2.3 |
2.2 |
| Labor productivity index (1990=100) |
1996 2/4 |
3/4 |
4/4 |
19971/4 |
| 126.0 |
136.1 |
149.9 |
165.5 |
187.1 |
183.3 |
187.1 |
198.3 |
203.6 |
5. Prices (1990=100)
| กก |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 MAY. |
JUN. |
JUL. |
AUG. |
| Consumer price index (1995=100) |
86.0 |
90.1 |
95.7 |
100.0 |
104.9 |
108.9 |
109.1 |
109.3 |
110.1 |
| Producer price index |
107.0 |
108.5 |
111.6 |
116.8 |
119.9 |
123.7 |
123.9 |
123.4 |
123.7 |
| Export price index |
106.5 |
109.2 |
112.2 |
113.7 |
114.3 |
123.1 |
123.1 |
122.4 |
122.4 |
| Import price index |
101.1 |
104.7 |
108.9 |
115.2 |
115.2 |
122.5 |
122.6 |
121.6 |
121.6 |
6. National accounts (based on 1990 constant prices)
| กก |
1992 |
1993 |
1994 |
1995 |
1996 |
1996 3/4 |
4/4 |
19971/4 |
2/4 |
| GNP (billion won) |
204,231.0 |
216,162.4 |
234,333.3 |
254,704.9 |
272,323.8 |
68,631.2 |
77,107.2 |
64,051.6 |
69,346.7 |
| Growth rate of GNP |
5.0 |
5.8 |
8.4 |
8.7 |
6.9 |
6.5 |
6.8 |
5.1 |
5.6 |
| Per capita GNP (U.S. dollars) |
6,988 |
7,484 |
8,467 |
10,037 |
10,548 |
- |
- |
- |
- |
| GDP (billion won) |
205,860.3 |
217,698.9 |
236,375.1 |
257,501.2 |
275,849.5 |
69,404.4 |
78,188.9 |
65,123.1 |
70,723.2 |
| Growth rate of GDP |
5.1 |
5.8 |
8.6 |
8.9 |
7.1 |
6.6 |
7.2 |
5.5 |
6.3 |
7. Money and banking (billion won)
|
1992 |
1993 |
1994 |
1995 |
1996 |
1997 APR. |
MAY. |
JUN. |
JUL. |
| Bank notes & coins issued |
9,808 |
13,884 |
15,089 |
17,324 |
17,907 |
15,891 |
15,492 |
15,656 |
15,662 |
| Money supply (M1) |
24,586 |
29,041 |
32,511 |
38,873 |
39,542 |
35,756 |
34,654 |
36,284 |
- |
| Money supply (M2) |
96,259 |
112,219 |
133,179 |
153,945 |
178,312 |
183,790 |
183,632 |
187,791 |
- |
| Total liquidity (M3) |
298,277 |
354,933 |
442,663 |
527,017 |
614,962 |
640,615 |
648,235 |
- |
- |
| Ratio of dishonored (%) |
0.12 |
0.13 |
0.17 |
0.20 |
0.17 |
0.32 |
0.30 |
0.29 |
0.30 |
| Stock price index (average of period, 1980.1.4=100) |
587.2 |
728.2 |
965.7 |
934.7 |
833.4 |
694.3 |
713.1 |
765.2 |
752.3 |
8. Household economy
|
1992 |
1993 |
1994 |
1995 |
1996 |
1996 3/4 |
4/4 |
1997 1/4 |
2/4 |
| Average propensity to consume |
72.1 |
72.6 |
71.8 |
71.0 |
71.8 |
66.5 |
73.1 |
71.5 |
71.2 |
| Engel's coefficient |
30.4 |
29.3 |
29.5 |
28.8 |
28.7 |
30.5 |
28.8 |
26.6 |
28.7 |
9. Foreign trade and exchange (million U.S.$)
|
1992 |
1993 |
1994 |
1995 |
1996 |
1997 MAY. |
JUN. |
JUL. |
AUG. |
| Exports |
76,631.5 |
82,235.9 |
96,013.2 |
125,058.0 |
129,715.1 |
11,759.0 |
12,437.5 |
11,804.7 |
11,126.0 |
| L/C arrivals |
52,352.3 |
55,594.7 |
64,314.1 |
72,926.3 |
69,732.8 |
5,939.4 |
5,888.1 |
5,910.4 |
5,528.8 |
| Imports |
81,775.3 |
83,800.1 |
102,348.2 |
135,118.9 |
150,339.1 |
12,247.7 |
12,251.2 |
12,631.9 |
11,507.9 |
| I/L |
67,525.4 |
73,273.8 |
102,834.8 |
136,886.7 |
149,215.6 |
- |
- |
- |
- |
| Exchange rates of won to U.S. dollar (won) |
778.4 |
808.1 |
788.7 |
774.7 |
844.2 |
891.8 |
888.1 |
892.0 |
902.0 |
| Gold & foreign exchange holdings (million U.S. dollars) |
17,153.9 |
20,262.4 |
25,672.7 |
32,712.1 |
33,236.7 |
31,900.5 |
33,316.2 |
33,672.6 |
- |
10. Balance of payments (million U.S.$)
|
1992 |
1993 |
1994 |
1995 |
1996 |
1997 APR. |
MAY. |
JUN. |
JUL. |
| Current balance |
-4,528.5 |
384.6 |
-4,530.8 |
-8,947.6 |
-23,715.9 |
-1,577 |
p-910 |
p-216 |
p-994 |
| Trade balance |
-2,146.4 |
1,860.2 |
-3,145.3 |
-4746.6 |
-15,306.1 |
-737 |
p-239 |
p409 |
p-325 |
| Invisible balance |
-2,614.3 |
-1,966.8 |
-1,989.2 |
-3,640.4 |
-7,645 |
-773 |
p-635 |
p-599 |
p-631 |
| Long-term capital balance |
7,232.7 |
8,899.8 |
5,861.9 |
7,827.3 |
11,797.1 |
825 |
p1,776 |
p2,162 |
p2,189 |
|
Liabilities |
6,655.7 |
9,576.7 |
8,843.9 |
12,573.6 |
17,946.3 |
P1,063.1 |
p2,095.3 |
p2,725.3 |
p2,543.9 |
|
Public loans |
-616.1 |
-1,763.6 |
-278.1 |
-519.4 |
-484.6 |
P-17.0 |
p-6.2 |
p-77.9 |
p36.4 |
|
Commercial loans |
-535.5 |
-1,067.0 |
-342.8 |
-240.7 |
-152.0 |
P35.5 |
p6.8 |
p137.4 |
p-18.4 |
|
Inward direct investment |
551.0 |
515.7 |
757.5 |
1,239.7 |
1,952.9 |
P311.1 |
p202.5 |
p86.9 |
p319.2 |
|
portfolio investment |
5,760.9 |
11,022.3 |
7,275.7 |
8,915.2 |
12,092.3 |
P486.4 |
p1,692.7 |
p2,079.0 |
p1,941.3 |
|
Others |
1,495.4 |
869.3 |
1,431.6 |
3,178.7 |
4,537.7 |
P247.1 |
p199.5 |
p499.9 |
p265.7 |
| Assets (-, increase) |
577.0 |
-676.9 |
-2,982.0 |
-4,746.2 |
-6149.2 |
P238.1 |
p319.6 |
p563.7 |
p355.1 |
|
Outward direct investment |
-1,047.5 |
-1,056.0 |
-2,075.1 |
-3,119.8 |
-3,934.2 |
P-127.4 |
p-310.8 |
p-330.2 |
p-298.4 |
| Basic balance |
2,704.2 |
9,284.4 |
1,341.1 |
-1,120.3 |
-11,918.8 |
P-751.5 |
p865.6 |
p1,945.6 |
p1,194.4 |
| Short-term capital balance |
1,109.9 |
-2,021.2 |
3,163.0 |
5,591.9 |
5,229.0 |
35 |
p941 |
p523 |
p-30 |
| Overall balance |
4,898.1 |
6,542.2 |
2,821.7 |
3,034.4 |
-5,667.0 |
-621 |
p1,717 |
p1,962 |
p447 |
