|
Analysis South Korea’s 2025 budget creates winners and losers among key industriesHigh-tech, healthcare and defense sectors gain, while public housing, infrastructure and regional growth face cuts South Korea’s 2025 budget proposal, amounting to approximately $509.7 billion (677.4 trillion won), outlines a plan to increase government spending by 3.2% while aiming to reduce the fiscal deficit to 2.9% of gross domestic product. Some sectors benefit from increased allocations while others face significant cuts. These cuts impact domestic and foreign businesses, creating “winners” and “losers” depending on their alignment with government priorities. HIGH-TECH INDUSTRIES The 2025 budget proposal includes an 11.8% increase in research and development (R&D) spending of $22.2 billion (29.7 trillion won), focusing on high-tech sectors like artificial intelligence (AI), biotechnology and quantum computing. Although © Korea Risk Group. All rights reserved. |





