The first NEAC begins operation under President Yoon Suk-yeol.
President Yoon Suk-yeol appoints Lee In-ho, Distinguished Professor of Seoul National University, as the Vice-Chairperson.
The fourth NEAC begins operation under President Moon Jae-in.
President Moon Jae-in appoints Lee Keun, Professor at Seoul National University, as the Vice-Chairperson.
The third NEAC begins operation under President Moon Jae-in.
The second NEAC begins operation under President Moon Jae-in.
President Moon Jae-in appoints Lee Jay-min, Professor Emeritus at Yonsei University School of Economics, as the Vice-Chairperson.
The first NEAC begins operation under President Moon Jae-in.
The government amends the Regulations on the Operation of NEAC.
- - NEAC reorganizes its sub council to cover advisory tasks related to the macroeconomy, livelihood economy, innovative economy, international economy, and economic policy.
President Moon Jae-in appoints Kim Kwang-doo, Distinguished Professor of Sogang University, as the Vice-Chairperson.
The government amends the Regulations on the Operation of NEAC.
- - NEAC reorganizes its sub councils to cover advisory tasks related to economic fundamentals (I & II), innovative economy, and balanced economy.
The government amends the Regulations on the Operation of NEAC.
- - NEAC establishes a secretariat and reorganizes sub council to cover advisory tasks related to macroeconomy and finance, livelihood economy, fair economy, and creative economy.
The National Assembly amends the NEAC Act.
- - The Secretariat is closed, and its duties and responsibilities are transferred to the Chief of Staff to the President.
The new Participatory Government reorganizes NEAC to strengthen its advisory function.
- - NEAC establishes sub councils on macroeconomy, industry, and trade and introduces a written advice system.
- - NEAC expands the number of commissioned members from the private sector from ten to twelve persons and reduces the term length from two to one year.
NEAC is founded and begins operation.
The government announces the Regulations on the Operation of NEAC.
The National Assembly passes the NEAC Act.
- - The NEAC Act stipulates the establishment, composition, scope of duties, and other necessary matters regarding NEAC.
A legal basis for the establishment of NEAC is included in the amended Constitution (Article 93).