International Reserves in Korea
In 2022, Korea's international reserves were worth USD 423 billion, as compared to USD 346 billion a decade ago, with an average value of USD 398 billion over the last decade. For more reserves information, visit our dedicated page.
Korea Reserves Chart
Note: This chart displays International Reserves (USD) for Korea from 2014 to 2023.
Source: Macrobond.
Korea Reserves Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| International Reserves (USD bn) | 409 | 443 | 463 | 423 | 420 |
| International Reserves (months of imports) | 9.7 | 11.4 | 9.0 | 6.9 | 7.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Korean reserves projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable reserves forecast available for Korean reserves.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Korean reserves projections.
Want to get access to the full dataset of Korean reserves forecasts? Send an email to info@focus-economics.com.