BOK Produces and Distributes Economic Indicator Explanation Videos

The Bank of Korea announced on the 30th that it has produced explanatory videos on economic indicators to enhance understanding and utilization of key economic data.

The explanatory videos on economic indicators are based on the contents of the booklet "Easy-to-Understand Economic Indicator Explanations" and have been created as short videos of about 5 minutes in length so that they can be watched anytime without burden.

To meet the diverse needs of viewers, the videos are divided into a basic series produced in collaboration with EBS and an advanced series produced internally.

The basic series will cover topics such as Gross Domestic Product (GDP), inflation, interest rates, stock prices, money and central banks, the dual structure of the labor market, exchange rates, corporations, business cycles, and the balance of payments, with a tentative total of 10 episodes to be produced within this year. The advanced series will additionally cover in-depth content not addressed in the basic series.

The first episode of the basic series (GDP) was posted on the day of the announcement and subsequent episodes will be posted at three-week intervals. The second episode (inflation) will be posted on the 20th of next month. The advanced series will be posted as soon as internal production is completed following the posting of the basic series.

The explanatory videos on economic indicators will be posted on the Bank of Korea’s official website, the Economic Statistics System (ECOS), and the Bank of Korea’s official YouTube channel.

This content was produced with the assistance of AI translation services.