To understand each economic unit and net assets (national wealth) by measuring the values of financial and non-financial assets and liabilities; to improve the levels of the measured net amounts in national income statistics including net production, net income, net savings, etc. through calculating consumption of fixed capital.
Nov. 21, 1968: Approval for the production of statistics
National Wealth Survey: carried out in 1968, 1977, 1987 and 1997 (10 year cycle)
Oct. 19, 2007: Approval for the changes in the statistical production
Oct. 27, 2008: Approval for the changes in the statistical production
Changed the survey title: National Wealth Survey ⇒ National Wealth Statistics
May 8, 2014: Approval for the changes in the statistical production
Statistics title (National Wealth Statistics ⇒ National Balance Sheets, survey organization (KOSTAT ⇒ KOSTAT and BOK); scope(non-financial assets⇒financial and non-financial assets and financial liabilities); implementation of the 2008 SNA and reflection of revised base year, etc.
By asset: fixed assets and inventory assets (1970~); non-produced assets (1995~)
By institutional sector: net capital stock (produced assets, 1970~; non-produced assets, 1995~), productive capital stock (1970~)
By economic activity: net capital stock (1970~), productive capital stock (1970~)
Assets subject to Projection
Produced assets: construction assets, facilities assets, intellectual property products, inventories
Non-produced assets: land assets, underground resources, timber assets
Financial assets and financial liabilities: cash currency and deposits, insurance and pension, etc.
Collect base data such as gross fixed capital formation, officially assessed land price, stumpage price and area, etc.
Estimate projection parameters and related functions such as life of duration, abandonment model and age-price function
Estimate assets by applying integral capital measurement method, price and quantity method and net present value method
Method of Publication and URL
Press releases, data loading on websites (KOSTAT (https://kostat.go.kr) and BOK)