THE
THRESHOLDS IN APPENDIX I OF THE GPA 2012 AS EXPRESSED
IN NATIONAL CURRENCIES FOR 2025-2026
Republic of Korea
Pursuant
to the agreed procedures (_GPA/1, Annex 3), delegations have been
invited to notify their respective threshold values in national currencies.
The
information notified by the Republic of Korea for the period 2025-2026 is
reproduced below.
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1 THRESHOLDS IN APPENDIX I TO THE GPA
2012 AS EXPRESSED IN NATIONAL CURRENCIES
1.1 Central Government Entities (Annex 1)
|
|
Threshold Value in Special Drawing Right (SDR)
|
Threshold Value in
Korean Won (KRW)
|
|
Goods
|
130,000
|
230,000,000
|
|
Services
|
130,000
|
230,000,000
|
|
Construction
Services
|
5,000,000
|
8,800,000,000
|
1.2 Sub‑central Government Entities (Annex 2)
|
|
Threshold Value in SDR
|
Threshold Value in KRW
|
|
Goods
|
Group A
Group B
|
200,000
400,000
|
350,000,000
710,000,000
|
|
Services
|
Group A
Group B
|
200,000
400,000
|
350,000,000
710,000,000
|
|
Construction
Services
|
15,000,000
|
26,500,000,000
|
1.3 Other Entities (Annex 3)
|
|
Threshold Value in SDR
|
Threshold Value in KRW
|
|
Goods
|
400,000
|
710,000,000
|
|
Services
|
400,000
|
710,000,000
|
|
Construction
Services
|
15,000,000
|
26,500,000,000
|
2 Period of validity for the threshold
The threshold above will apply
to the period starting on 1 January 2025 and ending on
31 December 2026.
3 Method of calculation
The calculation of the threshold in national
currencies is based on the daily average exchange rates of Korean Won (KRW) in
terms of the Special Drawing Right (SDR) from 1
November 2022 to 31 October
2024 based on "International Financial Statistics" published by the
IMF (SDR 1 = KRW 1,767.7).
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