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Korea: Financial Position in the Fund
as of December 31, 2021

Summary of IMF members' quota, reserve tranche position, SDR holdings, outstanding credit, recent lending arrangements, projected payments due to the IMF, and historical transactions with the IMF.

I. Membership Status: Joined: August 26, 1955;Article VIII

II. General Resources Account:SDR Million%Quota
       Quota8,582.70100.00
       IMF's Holdings of Currency (Holdings Rate)6,174.4171.94
       Reserve Tranche Position2,408.2928.06
       Lending to the Fund

              New Arrangements to Borrow78.64

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation10,630.58100.00
       Holdings10,981.35103.30

IV. Outstanding Purchases and Loans:   None

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Dec 04, 1997  Dec 03, 200015,500.00    14,412.50
      of which SRF  Dec 04, 1997  Dec 17, 19989,950.00   9,950.00
      Stand-By  Jul 12, 1985  Mar 10, 1987280.00    160.00
      Stand-By  Jul 08, 1983  Mar 31, 1985575.78    575.78

VI. Overdue Obligations and Projected Payments to Fund  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2022  2023  2024  2025  2026 
  Principal





  Charges/Interest
0.180.180.180.180.18
   Total
0.180.180.180.180.18

1/ When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section.


VII. Implementation of HIPC Initiative: Not Applicable

VIII. Implementation of Multilateral Debt Relief Initiative (MDRI):  Not Applicable

IX. Implementation of Catastrophe Containment and Relief (CCR):  Not Applicable

As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust.

Prepared by Finance Department

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.