Report reveals uneven growth, rising government debt and population concerns, overshadowing historic milestone
South Korea’s central bank’s economic report for the first quarter of 2024 revealed steady economic growth, a historic milestone in per capita income and a downward revision of the household debt-to-GDP ratio.
However, a closer examination of the data reveals that South Korea’s economy is grappling with a series of challenges that could have far-reaching implications for its future prosperity.
South Korea’s central bank’s economic report for the first quarter of 2024 revealed steady economic growth, a historic milestone in per capita income and a downward revision of the household debt-to-GDP ratio.
However, a closer examination of the data reveals that South Korea’s economy is grappling with a series of challenges that could have far-reaching implications for its future prosperity.
Get your
KoreaPro
subscription today!
Unlock article access by becoming a KOREA PRO member today!
Unlock your access
to all our features.
Standard Annual plan includes:
-
Receive full archive access, full suite of newsletter products
-
Month in Review via email and the KOREA PRO website
-
Exclusive invites and priority access to member events
-
One year of access to NK News and NK News podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Explore membership options
© 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.
SHARE
COPY LINK
X
MASTODON
