Economic Optimism Index in South Korea decreased to 73 Net Balance in September from 80 Net Balance in August of 2020. source: The Bank of Korea

Economic Optimism Index in South Korea averaged 98.41 Net Balance from 2003 until 2020, reaching an all time high of 117 Net Balance in March of 2006 and a record low of 55 Net Balance in December of 2008. This page provides - South Korea Economic Optimism Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Economic Optimism Index - values, historical data and charts - was last updated on October of 2020.

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South Korea Economic Optimism Index

Actual Previous Highest Lowest Dates Unit Frequency
73.00 80.00 117.00 55.00 2003 - 2020 Net Balance Monthly
NSA

South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 91.60 79.40 121.50 67.70 points [+]
Retail Sales MoM 3.00 -6.00 5.50 -12.50 percent [+]
Retail Sales YoY 0.30 0.50 20.20 -21.50 percent [+]
Consumer Spending 213186.30 210078.60 224585.80 7263.90 KRW Billion [+]
Disposable Personal Income 1925872.90 1890779.40 1925872.90 2866.70 KRW Billion [+]
Personal Savings 34.50 36.00 42.70 13.40 percent [+]
Consumer Credit 1637276.40 1611271.40 1637276.40 142746.90 KRW Billion [+]
Bank Lending Rate 2.63 2.70 17.01 2.63 percent [+]
Economic Optimism Index 73.00 80.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.15 1.15 1.84 0.54 USD/Liter [+]
Households Debt To GDP 95.90 95.50 95.90 1.40 percent of GDP [+]
Consumer Confidence Current Conditions 96.00 93.00 117.00 25.00 [+]
Consumer Confidence Economic Expectations 109.00 112.00 122.00 49.00 [+]
Consumer Confidence Financial Expectations 103.00 103.00 107.00 82.00 [+]
Consumer Confidence Major Purchases Expectations 97.00 96.00 97.00 73.00 [+]
Consumer Confidence Price Trends 139.00 139.00 163.00 129.00 [+]
Consumer Confidence Savings Expectations 97.00 97.00 102.00 82.00 [+]
Consumer Confidence Unemployment Expectations 110.00 121.00 121.00 41.00 [+]


South Korea Economic Optimism Index
In South Korea, The Economic Sentiment Index (ESI) is a composite of the BSI (Business Survey Index) and the CSI (Consumer Survey Index). The index is compiled to comprehensively grasp the private sector perception of economic conditions, including the sentiments of both businesses and consumers. An ESI reading above 100 is interpreted as meaning that economic sentiment in the private sector, including that of both businesses and consumers, is on a level better than past averages (and vice versa when the reading is below 100), since the ESI is constructed so that it is distributed around a long-term mean of 100 and a standard deviation of 10.