Terms of Trade in South Korea increased to 98.90 Index Points in December from 97.90 Index Points in November of 2018. Terms of Trade in South Korea averaged 153.17 Index Points from 1990 until 2018, reaching an all time high of 237 Index Points in March of 1992 and a record low of 86.10 Index Points in March of 2012.
Terms of Trade in South Korea is expected to be 96.84 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in South Korea to stand at 91.99 in 12 months time. In the long-term, the South Korea Terms of Trade is projected to trend around 89.36 Index Points in 2020, according to our econometric models.