South Korea's top think tank lowers economic growth projection, citing Trump's tariffs
South Korea’s top economic think tank on Tuesday slashed its growth forecast for the country’s economy for the second time in ...
South Korean State Think Tank Cuts 2025 Growth Forecast, Flags U.S. Tariff Risk
The Korea Development Institute now forecasts South Korea’s gross domestic product growth at 1.6% in 2025, largely due to ...
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Bank of Korea reports AI adoption boosts South Korea's GDP by 12.6%
Bank of Korea reports AI adoption boosts South Koreas GDP by 12.6% Artificial intelligence is reshaping the economic ...
South Korea has a big household debt problem. The country's unique rental system may be to blame
A particular metric that often, if not always comes up in the Bank of Korea’s monetary policy decision is a consideration of ...
Korea estimated to have surpassed Japan in GDP per capita
South Korea’s gross domestic product per capita is estimated to have surpassed the $36,000 mark in 2024, outpacing its ...
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South Korea's Per Capita GDP Exceeds $36,000 In 2024
(MENAFN- IANS) Seoul, Feb 2 (IANS) South Korea's gross domestic product (GDP) per person is estimated to have exceeded the $36,000 mark last year, data showed on Sunday. The 2024 tally is higher ...
Reviving NE China could be new impetus for cooperation with South Korea
The continuous development of the manufacturing sector has injected new momentum into China-South Korea cooperation. Hao Peng ...
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Japan’s per capita GDP ranks 22nd in OECD, behind South Korea
South Korea ranked 21st, with a per capita GDP of $35,563. Japan’s ranking stayed at 22nd, the same as in 2022. According to the Cabinet Office, South Korea revised its GDP calculation standards ...
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South Korea's per capita GDP surpasses $36,000 in 2024
South Korea's per capita GDP was calculated based on a nominal GDP growth rate of 5.9 percent, a nominal GDP of 2.4 quadrillion won ($1.65 trillion) in 2024, and an average exchange rate of 1,363.98 ...