In the case of highly export-dependent South Korea, the OECD downgraded its projected GDP growth by 0.6 percentage points. In its “OECD Economic Outlook, Interim Report” publi ...

An economic surveillance organization in Asia on Friday forecast the South Korean economy to grow 1.6 percent this year amid ...

the Ministry of Economy and Finance said in a release Monday, citing the OECD's interim outlook report, “Steering through Uncertainty,” released the same day. The figure was in line with the Bank of ...

2025 1 Investing.com-- South Korea’s economy grew less than expected in the fourth quarter, central bank estimates showed on Thursday, as the country grappled with increased political upheaval.

SEOUL (Reuters) - South Korea's economy grew 0.1% in the final quarter of 2024 from the quarter before, revised central bank data showed on Wednesday, unchanged from the bank's earlier estimate. Gross ...

Growth gradually moderated in the 1990s as the economy matured but remained strong enough to propel South Korea into the ranks of the advanced economies of the OECD by 1997. These policies also ...

and underscore the pressure the economy faces from weaker private consumption and easing export momentum. Global uncertainties are among key risks South Korea faces with demand for memory chips at ...

SEOUL--South Korea’s economy will grow at its slowest pace ... Yoon Suk-yeol said it had lowered this year’s growth forecast to 2.6 percent from 3.1 percent and raised the inflation forecast ...

South Korea's central bank cut ... mitigate downward pressure on the economy, forecasting growth to "decline significantly." The BOK cut its 2025 growth outlook to 1.5% from its 1.9% forecast ...

SEOUL--South ... “Korea’s economy continued to struggle in Q4 and we suspect that the weakness in activity could persist in the near term due to the ongoing political crisis and the bleak ...

SEOUL, Feb 25 (Reuters) - The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts ... decision. South Korea is grappling with the economic impact ...