South Korea, GDP

South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low
South Korea's economy expanded 1.2% year on year in the fourth quarter, its slowest expansion since the second quarter of 2023. The 1.2% reading missed analysts' expectations of 1.4% growth. On a quarter on quarter basis,
South Korea’s Economy Expands 2.0% in 2024 After Lackluster Fourth-Quarter Growth
The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other information-technology goods.
S. Korea's GDP Growth Slows In Last Quarter Amid Political Crisis: Central Bank
South Korea's economy slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law.
South Korea’s Q4 2024 GDP Growth Misses Expectations Amid Political Crisis
South Koreas economy barely expanded in Q4 2024, with GDP growing just 0.1% quarter-on-quarter, missing the 0.2% forecast, according to the Bank of Korea. Domestic demand struggled due to the nations most severe
Korea's GDP grows 2 percent, missing expectation, on martial law turmoil
Korea's economy grew 2 percent in 2024, underperforming expectations, due to political turmoil and weak private consumption.
South Korea's economy barely grows in Q4 amid political chaos
South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt in ...
Political Crisis Hits South Korea Growth: Central Bank
South Korea's economy grew less than expected in the fourth quarter, data showed Thursday, as it was hit by the fallout from ...
Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
South Korea acting president hopes for reciprocal ties with Trump administration
South Korea's acting president Choi Sang-mok said on Tuesday he hoped for bilateral relations with Washington to develop more ...
2 Families, in Business for 50 Years, Wage War in a South Korean Boardroom
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched ...
Political instability and a falling won: what lies ahead for South Korea’s economy?
South Korea’s economy is under strain as political instability and a plunging won disrupt growth. Learn how the weak currency ...
Reuters3d
South Korea economy barely grew in Q4; BOK to cut rates in February: Reuters poll
After only growing 0.1% in the July-September quarter, South Korea's economy likely expanded a seasonally adjusted 0.2% in Q4, according to the median forecast of 24 economists. On an annual ...
South Korea's Economy Expands 2.0% in 2024 After Lackluster 4Q Growth -- Update
South Korea's economy expanded at a weaker-than-expected pace of 2.0% in 2024 after lackluster growth in the fourth quarter amid weak consumer and business spending, bolstering the case for the ...
Govt. notes 'increasing downward pressure' in latest economic report
The South Korean economy faces "increasing downward pressure" due to heightened uncertainties both at home and abroad, ...