Economic Outlook No 118 — Indicator of competitiveness based on in Korea
Korea: Economic Outlook No 118 — Indicator of competitiveness based on was 87.08 in 2027. ▼ Falling
Economic Outlook No 118 — Indicator of competitiveness based on in Korea, 1970–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 118 — indicator of competitiveness based on in Korea is 87.08, measured in 2027.
That represents a change of down 0.1% on the previous year and down 16.8% over ten years.
Over the whole period, economic outlook no 118 — indicator of competitiveness based on in Korea peaked at 171.51 in 1970 and was at its lowest, 81.11, in 1998.
The long-run direction has been consistently falling across the 58 years of available data.
Economic Outlook No 118 — Indicator of competitiveness based on in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 171.51 | — |
| 1971 | 162.57 | -5.2% |
| 1972 | 139.82 | -14.0% |
| 1973 | 117.85 | -15.7% |
| 1974 | 127.23 | +8.0% |
| 1975 | 120.64 | -5.2% |
| 1976 | 130.6 | +8.3% |
| 1977 | 125.81 | -3.7% |
| 1978 | 116.44 | -7.4% |
| 1979 | 131.4 | +12.8% |
| 1980 | 125.1 | -4.8% |
| 1981 | 129.85 | +3.8% |
| 1982 | 134.48 | +3.6% |
| 1983 | 127.98 | -4.8% |
| 1984 | 124.73 | -2.5% |
| 1985 | 116.74 | -6.4% |
| 1986 | 96.47 | -17.4% |
| 1987 | 94.15 | -2.4% |
| 1988 | 104.56 | +11.1% |
| 1989 | 120.75 | +15.5% |
| 1990 | 118.01 | -2.3% |
| 1991 | 117.45 | -0.5% |
| 1992 | 110.44 | -6.0% |
| 1993 | 107.15 | -3.0% |
| 1994 | 107.63 | +0.4% |
| 1995 | 108.17 | +0.5% |
| 1996 | 112.06 | +3.6% |
| 1997 | 105.08 | -6.2% |
| 1998 | 81.11 | -22.8% |
| 1999 | 92.08 | +13.5% |
| 2000 | 99.09 | +7.6% |
| 2001 | 93.73 | -5.4% |
| 2002 | 98.43 | +5.0% |
| 2003 | 99.65 | +1.2% |
| 2004 | 101.33 | +1.7% |
| 2005 | 113.68 | +12.2% |
| 2006 | 121.98 | +7.3% |
| 2007 | 121.12 | -0.7% |
| 2008 | 98.39 | -18.8% |
| 2009 | 86.07 | -12.5% |
| 2010 | 91.96 | +6.8% |
| 2011 | 91.62 | -0.4% |
| 2012 | 91.06 | -0.6% |
| 2013 | 96.02 | +5.5% |
| 2014 | 102.26 | +6.5% |
| 2015 | 103.64 | +1.3% |
| 2016 | 101.93 | -1.6% |
| 2017 | 104.67 | +2.7% |
| 2018 | 106.03 | +1.3% |
| 2019 | 101.3 | -4.5% |
| 2020 | 99.56 | -1.7% |
| 2021 | 100 | +0.4% |
| 2022 | 93.99 | -6.0% |
| 2023 | 95.62 | +1.7% |
| 2024 | 93.65 | -2.1% |
| 2025 | 89.55 | -4.4% |
| 2026 | 87.17 | -2.7% |
| 2027 | 87.08 | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 134.39 | 116.44 | 171.51 | 10 |
| 1980s | 117.48 | 94.15 | 134.48 | 10 |
| 1990s | 105.92 | 81.11 | 118.01 | 10 |
| 2000s | 103.35 | 86.07 | 121.98 | 10 |
| 2010s | 99.05 | 91.06 | 106.03 | 10 |
| 2020s | 93.33 | 87.08 | 100 | 8 |
Countries ranked near Korea
- 1 Argentina 127.55 compare
- 1 Poland 127.55 compare
- 2 Croatia 105.47 compare
- 2 Colombia 126.98 compare
- 2 Estonia 117.08 compare
- 3 Peru 125 compare
- 3 Lithuania 110.36 compare
- 4 Mexico 123.96 compare
- 4 Netherlands 105.92 compare
- 5 Brazil 121.6 compare
- 5 Slovenia 105.5 compare
- 6 Czechia 119.98 compare
- 6 Latvia 104.64 compare
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook no 118 — indicator of competitiveness based on in Korea?
- Economic outlook no 118 — indicator of competitiveness based on in Korea was 87.08 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — indicator of competitiveness based on recorded in Korea?
- The highest recorded value was 171.51 in 1970.
- What is the lowest economic outlook no 118 — indicator of competitiveness based on recorded in Korea?
- The lowest recorded value was 81.11 in 1998.
- How does Korea rank for economic outlook no 118 — indicator of competitiveness based on?
- Korea ranks 3rd out of 3 groups with data for 2027.
- Is economic outlook no 118 — indicator of competitiveness based on rising or falling in Korea?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 118 — Indicator of competitiveness based on relative consumer prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP