Bank of Korea

Recent Papers & Publications

Monetary Policy Report (June 2021): - This report is the English version of the Bank of Korea's Monetary Policy Report published on July 26, 2021. In case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached Excel file. - In quiries: tel 82-2-759-4940, email ...

Financial Stability Report (December 2020): - Please refer to the attached PDF file. - This is a translation prepared by the Bank's staff based on the original Korean text released on December 24, 2020.

BOK Working Paper No.2018-8, Rare Disasters and Exchange Rates: An Empirical Investigation of South Korean Exchange Rates under Tension between the Two Koreas: Title : Rare Disasters and Exchange Rates: An Empirical Investigation of South Korean Exchange Rates under Tension between the Two Koreas Author : Cheolbeom Park(Korea University), Suyeon Park(BOK) <Abstract> We investigate the implications of the disaster hypothesis proposed that chang...

Economic Statistics Yearbook 2021: Since 1960, the Bank of Korea has published its annual Economic Statistics Yearbook containing Korea’s major economic statistics. To help understand economic trends throughout recent years, the Bank has now published its yearbook for 2021, showing statistics for each sector of ...

Financial Statement Analysis for 2018: FOREWORD Bank of Korea is pleased to release the 2018 edition of its Financial Statement Analysis (FSA), published annually since 1960 to provide research on and analysis of the business performances and financial conditions of Korean corporations. This edition contains the finan...

[2015-6]Factors behind Lackluster Recoveries in the Employment-to-population Ratios of Major Countries and Their Prospects: Although major countries have shaken off the influence of the global financial crisis and are showing a modest economic recovery, the levels of the employment-to-population ratios in major countries are running below their pre-crisis levels, as the degree of the recovery in their employment-to...

[2021-5] An analysis of Korea Stock Market's Representativeness of Real Economy: The Korea stock market and the real economy have shown dramatically different paces of recovery since the spread of COVID-19. The accommodative stance of domestic and global macro-financial policy and economic agents’ expectations for asset price increases have been frequently cited as major f...

[2021-4] Decomposition of the Unemployment Rate through Labor Flow Analysis: The unemployment rate in Korea, which shows weak co-movement with the business cycle and has been on a sustained upward trend since 2013, was recently at its highest level since the global financial crisis, affected by the COVID-19 pandemic. This paper examines the secular structural changes inheren...

Regional Economic Report (June 2021): This report, a condensed English version of the Regional Economic Report published in Korean, summarizes recent developments in regional economic activity based on information gathered by the 15 regional branches of the Bank of Korea from businesses and other sources within each region between mid-M...

Monetary Policy Report (June 2021): - This report is the English version of the Bank of Korea's Monetary Policy Report published on July 26, 2021. In case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached Excel file. - In quiries: tel 82-2-759-4940, email ...

Financial Stability Report (December 2020): - Please refer to the attached PDF file. - This is a translation prepared by the Bank's staff based on the original Korean text released on December 24, 2020.

2020 Annual Report: 1. This is an unofficial translation prepared by the Bank's staff based on the original Korean text released on March 31, 2021. 2. Contents Preface by the Governor PDF download Ⅰ. Overview of Bank of Korea PDF download &n...