¡¡ 
I. Composite indexes of business conditions (1995=100)
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998 SEP. |
OCT. |
NOV. |
DEC. |
Leading index |
- |
101.6 |
108.6 |
114.5 |
110.7 |
111.9 |
113.4 |
115.7 |
118.2 |
Roughly coincident index |
- |
102.6 |
108.0 |
109.8 |
101.1 |
99.9 |
100.8 |
103.1 |
103.7 |
Lagging index |
- |
101.8 |
106.7 |
108.7 |
88.7 |
79.9 |
80.2 |
80.4 |
80.9 |
Cycle of coincident composite index |
- |
102.6 |
102.2 |
98.0 |
57.6 |
85.6 |
85.9 |
87.4 |
87.6 |
2. Industrial activities (1995=100)
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998
SEP. |
OCT. |
NOV. |
DEC. |
Industrial production index |
89.3 |
100.0 |
107.3 |
114.7 |
106.6 |
114.0 |
112.3 |
119.5 |
123.7 |
Producers' shipment index |
88.8 |
100.0 |
107.6 |
113.0 |
102.7 |
109.0 |
107.3 |
112.1 |
116.3 |
Producers' inventory index |
92.1 |
103.7 |
118.9 |
125.9 |
103.8 |
109.6 |
106.3 |
105.5 |
103.8 |
Manufacturing production capacity index |
91.5 |
100 |
107.6 |
113.6 |
123.1 |
123.8 |
124.8 |
126.5 |
129.1 |
Manufacturing operation ratio index |
100.4 |
100 |
101.0 |
98.7 |
83.0 |
86.5 |
84.1 |
87.2 |
87.7 |
Wholesale and retail trade index
(constant) |
92.6 |
100 |
107.0 |
110.4 |
96.6 |
99.1 |
99.3 |
100.8 |
107.2 |
3. Investment
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998 SEP. |
OCT. |
NOV. |
DEC. |
Value of
domestic
machinery
orders
received
(billion won) |
18,498.3 |
20,962.6 |
24,037.5 |
25,228.7 |
17,133.5 |
1,643.7 |
1,453.8 |
1,587.3 |
1,620.7 |
Value of
domestic
construction
orders
received
(billion won) |
39,393.8 |
49,025.1 |
59,535.0 |
63,258.0 |
35,928.5 |
2,459.2 |
2,741.2 |
3,080.5 |
4,517.5 |
Permitted
floor area
for building
construction
(thousand
sq. m) |
116,221 |
117,327 |
113,820 |
113,372 |
50,965 |
3,220 |
2,049 |
3,934 |
5,482 |
4. Labor and wages
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998 SEP. |
OCT. |
NOV. |
DEC. |
Economically
active
population
(thousand
persons) |
20,326 |
20,797 |
21,188 |
21,604 |
21,390 |
21,622 |
21,702 |
21,408 |
21,186 |
Employed
persons
(thousand
persons) |
19,837 |
20,377 |
20,764 |
21,048 |
19,926 |
20,050 |
20,166 |
19,852 |
19,521 |
Unemployment
rate (%) |
2.4 |
2.0 |
2.0 |
2.6 |
6.8 |
7.3 |
7.1 |
7.3 |
7.9 |
Labor
productivity
index
(1995=100) |
|
|
|
|
|
1997 4/4 |
1998 1/4 |
2/4 |
3/4 |
90.5 |
100.0 |
112.9 |
127.35 |
- |
131.9 |
130.1 |
131.8 |
136.7 |
5. Prices (1995=100)
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998 SEP. |
OCT. |
NOV. |
DEC. |
Consumer price index |
95.7 |
100.0 |
104.9 |
109.6 |
117.8 |
118.2 |
118.6 |
118.2 |
118.0 |
Producer price index (1995=100) |
- |
100.0 |
103.2 |
107.2 |
120.3 |
119.3 |
119.4 |
119.2 |
118.5 |
Export price index |
- |
100.0 |
97.7 |
103.8 |
134.4 |
123.3 |
125.7 |
120.6 |
111.9 |
Import price index |
- |
100.0 |
100.7 |
110.3 |
141.4 |
132.6 |
136.5 |
131.2 |
121.9 |
6. National accounts (based on 1990 constant prices)
. |
1994 |
1995 |
1996 |
1997 |
1998 |
1998 1/4 |
2/4 |
3/4 |
4/4 |
GNP (billion won) |
305,970.3 |
348,979.3 |
386,438.2 |
416,017.9 |
- |
60,896.2 |
63,854.3 |
66,437.0 |
- |
Growth rate of GNP |
8.4 |
8.7 |
6.9 |
4.9 |
- |
-5.0 |
-7.9 |
-8.0 |
- |
Per capita GNP (U.S. dollars) |
8,467 |
10,037 |
10,543 |
9,511 |
- |
- |
- |
- |
- |
GDP (billion won) |
267,146.0 |
351,974.7 |
389,814.4 |
420,986.7 |
- |
62,619.6 |
65,911.9 |
68,615.2 |
- |
Growth rate of GDP |
8.8 |
8.8 |
7.1 |
5.5 |
- |
-3.9 |
-6.8 |
-6.8 |
- |
7. Money and banking (billion won)
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998 SEP. |
OCT. |
NOV. |
DEC. |
Bank notes & coins issued |
15,089 |
17,324 |
17,907 |
17,786 |
14,813 |
14,178.5 |
15,756.6 |
14,616.9 |
14,812.6 |
Money supply (M1) |
32,511 |
38,873 |
39,542 |
35,036 |
30,058 |
29,344.0 |
31,037.5 |
30,440.5 |
31,750.9 |
Money supply (M2) |
133,179 |
153,945 |
178,312 |
203,532 |
226,221 |
240,895.4 |
250,429.7 |
254,276.6 |
257,682.4 |
Total liquidity (M3) |
442,663 |
527,017 |
614,962 |
700,285 |
- |
774,471 |
783,243 |
- |
- |
Dishonor ratio (%) |
0.17 |
0.20 |
0.17 |
0.52 |
0.41 |
0.42 |
0.28 |
0.26 |
0.17 |
Stock price index (1980.1.4=100) |
965.7 |
934.7 |
833.4 |
654.5 |
408.6 |
312.2 |
358.8 |
429.2 |
524.7 |
8. Household economy
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998 1/4 |
2/4 |
3/4 |
4/4 |
Average
propensity to
consume |
71.8 |
71.0 |
71.7 |
70.4 |
- |
67.6 |
66.1 |
67.0 |
- |
Engel's
coefficient |
29.5 |
28.8 |
28.2 |
28.7 |
- |
24.2 |
27.8 |
28.5 |
- |
9. Foreign trade and exchange (million U.S.$)
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998 SEP. |
OCT. |
NOV. |
DEC. |
Exports |
96,013.2 |
125,058.0 |
129,715.1 |
136,164.2 |
133,222.7 |
10,861.7 |
10.837.6 |
12,007.0 |
12,883.0 |
L/C arrivals |
64,314.1 |
72,926.3 |
69,732.8 |
67,679.8 |
57,528.1 |
4,474.9 |
4.472.3 |
4,059.2 |
5,259.2 |
Imports |
102,348.2 |
135,118.9 |
150,339.1 |
144,616.4 |
93,343.5 |
7,255.2 |
7,657.4 |
8,340.0 |
8,693.0 |
Exchange rate of won to U.S.
dollar (won) |
788.7 |
774.7 |
844.2 |
1,572.2 |
1,369.4 |
1,373.6 |
1,313.8 |
1,243.7 |
1,207.8 |
Gold & foreign exchange
holdings (million U.S. dollars) |
25,672.7 |
32,712.1 |
33,236.7 |
20,405.5 |
40,097.1 |
46,977.4 |
48,833.9 |
50,015.2 |
52,040.8 |
10. Balance of payments (million U.S.$)
.
|
1994 |
1995 |
1996 |
1997 |
1998 |
1998
AUG. |
SEP. |
OCT. |
NOV. |
Current account |
-3,867 |
-8,508 |
-23,005 |
-8,618 |
- |
2,263.5 |
3,687.3 |
2,747.5 |
3,332.6 |
Goods and services |
-4,660.5 |
-7,424.0 |
-21,144.1 |
-6,803.0 |
- |
2,605.5 |
3,896.0 |
3,358.7 |
3,553.6 |
Income |
-486.8 |
-1,302.8 |
-1,814.5 |
-2,676.5 |
- |
-495.8 |
-432.0 |
-860.1 |
-447.7 |
Current transfers |
1,280.4 |
218.1 |
-46.1 |
861.7 |
- |
153.8 |
214.3 |
249.1 |
226.7 |
Capital and financial
account |
10,295.1 |
16,785.6 |
23,326.8 |
5,438.2 |
- |
361.4 |
-1,611.1 |
-163.8 |
-673.0 |
Financial account |
10,731.6 |
17,273.2 |
23,924.4 |
6,027.6 |
- |
380.7 |
-1,601.7 |
-150.2 |
-666.7 |
.
|
Direct investment |
-1,652.1 |
-1,776.2 |
-2,344.7 |
-1,946.8 |
- |
-177.5 |
-583.9 |
272.0 |
-53.1 |
.
|
Portfolio
investment |
6,120.1 |
11,590.7 |
15,184.6 |
14,763.2 |
- |
-1,122.9 |
-1,610.8 |
-736.5 |
-288.3 |
.
|
Other investment |
6,263.6 |
7,458.7 |
11,084.5 |
-6,788.8 |
- |
1,681.1 |
593.0 |
314.3 |
-325.3 |
Capital account |
-436.5 |
-487.6 |
-597.6 |
-589.4 |
- |
-19.3 |
-9.4 |
-13.6 |
-6.3 |
Changes in reserve
assets |
-4,646.2 |
-7,044.9 |
-1,388.6 |
11,918.8 |
- |
-1,916.8 |
-1,477.0 |
-1,518.9 |
-1,651.5 |
Errors and omissions |
-1,782 |
-1,233 |
1,067 |
-8,739 |
- |
-708.1 |
-590.2 |
-1,064.8 |
-1,008.1 |
|