South Korea Gross External Debt  Forecast


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External Debt in South Korea is expected to be 400000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in South Korea to stand at 407494.79 in 12 months time. In the long-term, the South Korea Gross External Debt is projected to trend around 461000.00 USD Million in 2020, according to our econometric models.


South Korea Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 7300 6179 7703 8900 8630 17300
Exports 45000 43717 47836 48900 47353 50800
Imports 37700 37538 40133 40133 40518 49000
Current Account 12205 9450 12500 8700 6118 9010
Current Account to GDP 7 7 6.2 6.2 4.47 5.8
External Debt 407341 400000 378000 380000 407495 461000
Terms of Trade 105 105 106 106 106 106
Foreign Direct Investment 3991000 8160000 4131546 5378218 4186374 9040000
Capital Flows 12748 11700 10117 12117 5660 14800
Tourism Revenues 1209500 1380000 1600000 1500000 1110349 1920000
Tourist Arrivals 1078653 1480000 1294735 1710000 990000 2890000
Gold Reserves 104 103 102 101 99.91 90.62
Weapons Sales 534 283 220 220 250 260
Terrorism Index 0.23 0.2 0.2 0.2 0.64 0.42