South Korea Narrow Money (M1)
MonthlySeasonally adjustedCode KR.M1.M.SA
South Korea Narrow Money (M1) was up 4.2% year on year in August 2026, compared with 6.5% in July 2026.
The level stood at 1,357,591 KRW billion.
That is the lowest reading since May 2025.
Among the 9 economies Makrognosis covers on this measure, it is the 3rd lowest.
Over the past ten years it has ranged from −14.2% (Jun 2023) to 28.1% (Oct 2020), averaging 7.3%.
Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.
Recent data
| Period | Value | Y/Y % |
|---|---|---|
| August 2026 | 1,357,591 KRW billion | 4.2 |
| July 2026 | 1,372,528 KRW billion | 6.5 |
| June 2026 | 1,402,878 KRW billion | 10.1 |
| May 2026 | 1,397,347 KRW billion | 10.0 |
| April 2026 | 1,372,032 KRW billion | 8.3 |
| March 2026 | 1,365,490 KRW billion | 7.7 |
| February 2026 | 1,355,538 KRW billion | 6.8 |
| January 2026 | 1,353,903 KRW billion | 6.4 |
| December 2025 | 1,335,739 KRW billion | 6.1 |
| November 2025 | 1,330,387 KRW billion | 6.8 |
| October 2025 | 1,325,114 KRW billion | 7.3 |
| September 2025 | 1,316,389 KRW billion | 7.0 |
| August 2025 | 1,303,412 KRW billion | 6.5 |
| July 2025 | 1,288,997 KRW billion | 5.5 |
| June 2025 | 1,274,359 KRW billion | 4.2 |
| May 2025 | 1,270,879 KRW billion | 3.8 |
| April 2025 | 1,267,022 KRW billion | 3.1 |
| March 2025 | 1,267,426 KRW billion | 3.0 |
| February 2025 | 1,269,135 KRW billion | 4.7 |
| January 2025 | 1,272,174 KRW billion | 4.9 |
| December 2024 | 1,258,596 KRW billion | 4.1 |
| November 2024 | 1,245,143 KRW billion | 3.7 |
| October 2024 | 1,235,134 KRW billion | 2.8 |
| September 2024 | 1,229,973 KRW billion | 3.4 |
Last 24 observations. The full history (275 observations) is available through the API.
One guessable code, agency-direct, updated on release. Free tier available.
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
"https://makrognosis.robomacro.com/v1/series/KR.M1.M.SA"
# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.M1.M.SA",
headers={"X-API-Key": KEY})
obs = r.json()["observations"]About this series
| Latest observation | August 2026 |
|---|---|
| First observation | October 2003 |
| Observations | 275 |
| Frequency | Monthly |
| Units | KRW billion |
| Adjustment | Seasonally adjusted |
| 10-year high | 28.1% (Oct 2020) |
| 10-year low | −14.2% (Jun 2023) |
| 10-year average | 7.3% |
| Source agency | Bank of Korea |
| Makrognosis code | KR.M1.M.SA |
Narrow Money (M1): how South Korea compares
| # | Economy | Period | Latest |
|---|---|---|---|
| 1 | Mexico | Sep 2026 | 7.9% |
| 2 | South Africa | Sep 2026 | 7.2% |
| 3 | Canada | Aug 2026 | 7.0% |
| 4 | Australia | Sep 2026 | 6.4% |
| 5 | Switzerland | Sep 2026 | 6.3% |
| 6 | United States | Sep 2026 | 6.2% |
| 7 | South Korea | Aug 2026 | 4.2% |
| 8 | Brazil | Sep 2026 | 3.2% |
| 9 | Japan | Oct 2026 | −0.4% |
Narrow Money (M1) by country: all 9 economies ranked →
More South Korea Narrow Money (M1) series
Other South Korea indicators
FAQ
- What is the current narrow Money (M1) in South Korea?
- The latest reading is 4.2% year on year for August 2026, published by Bank of Korea.
- Where does this data come from?
- It is collected directly from Bank of Korea and is available through the Makrognosis API under the code KR.M1.M.SA.
Last updated 2026-10-15. Source: Bank of Korea. Original title: “South Korea M1 money supply, average balance, seasonally adjusted (Bank of Korea)”.