Economic Optimism Index in South Korea remained unchanged at 106 Net Balance in November from 106 Net Balance in October of 2021. source: The Bank of Korea

Economic Optimism Index in South Korea averaged 98.48 Net Balance from 2003 until 2021, 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 December of 2021.

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South Korea Economic Optimism Index

Related Last Previous Unit Reference
Consumer Confidence 107.60 106.80 points Nov/21
Consumer Spending 220525.40 221145.50 KRW Billion Sep/21
Disposable Personal Income 1938678.90 1925872.90 KRW Billion Dec/20
Personal Savings 35.80 37.40 percent Jun/21
Consumer Credit 1844893.30 1805866.70 KRW Billion Sep/21
Bank Lending Rate 3.07 2.96 percent Oct/21
Economic Optimism Index 106.00 106.00 Net Balance Nov/21
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.