2006a | 2007a | 2008a | 2009a | 2010a | |
GDP at market prices (Won bn) | 1,945.2 | 1,999.2 | 1,853.8 | 1,672.9 | – |
GDP (US$ bn) | 13.8 | 14.4 | 13.3 | 12.0 | – |
Real GDP growth (%) | -1.0 | -1.2 | 3.1 | -0.9 | 2.1 |
Exchange rate (av) Won:US$b | 141.3c | 139.0c | 139.0c | 139.0c | 145.0 |
a Economist Intelligence Unit estimates. b Official rate; variable black-market rates of up to Won3,500:US$1 also exist. The currency was redenominated in November 2009 at the rate of 100 old won to 1 new won. c Actual. |
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Origins of gross domestic product 2008 | % of total | ||
Agriculture, forestry & fishing | 21.6 | ||
Mining | 12.1 | ||
Manufacturing | 22.5 | ||
Construction | 8.3 | ||
Electricity, gas & water | 3.4 | ||
Services | 32.2 | ||
Principal exports 2006 | US$ m | Principal imports 2006 | US$ m |
Electronic goods | 386 | Mineral fuels & oils | 975 |
Minerals & metals | 284 | Machinery & electronic goods | 430 |
Textiles | 214 | Cereals & meats | 334 |
Machinery | 188 | Fertiliser | 156 |
Main destinations of exports 2007 | % of total | Main origins of imports 2007 | % of total |
South Korea | 41.3 | China | 43.0 |
China | 31.5 | South Korea | 31.8 |
Thailand | 2.2 | India | 20.4 |
India | 1.8 | Thailand | 5.7 |
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