A year of modest growth amid challenges from domestic consumption and global uncertainties
South Korea’s GDP growth was substantially under its expected potential last year, registering at an estimated 1.4%. Projections for the current year suggest an uptick in growth, primarily attributed to a strong resurge in exports, especially in the semiconductor industry.
Investments in industry facilities, closely correlated with exports and the semiconductor sector, are also predicted to further fuel this growth rebound.
South Korea’s GDP growth was substantially under its expected potential last year, registering at an estimated 1.4%. Projections for the current year suggest an uptick in growth, primarily attributed to a strong resurge in exports, especially in the semiconductor industry.
Investments in industry facilities, closely correlated with exports and the semiconductor sector, are also predicted to further fuel this growth rebound.
Get your
KoreaPro
subscription today!
Unlock your access to all our features.
There are three plans available: Lite, Standard, and Premium.
Unlock your access
to all our features.
Standard plan includes:
-
Receive full archive access
-
Monthly research report via email and on KOREA PRO website
-
Submit requests for coverage
-
One year of access to NK News
-
One year of access to NK News Podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Subscribe now
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.