South Korea, 2024 and Economy

South Korea’s Economy Grew 2.0% in 2024 After a Lackluster Fourth-Quarter
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.
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 President Yoon Suk Yeol's brief declaration of martial law that hit consumer confidence and domestic demand.
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 central bank's another rate cut next month.
South Korea braces for Trump’s policies with biggest-ever export finance support
SEOUL - South Korea’s central bank said on Jan 20 it had slashed its 2025 growth forecast because of the political crisis triggered by President Yoon Suk Yeol’s declaration of martial law last month.
South Korea’s Economy Faces Sluggish Growth Amid Political Unrest
South Koreas economy saw limited growth in the fourth quarter, expanding just 0.2% seasonally adjusted, as political instability dampened consumer spending, according to a Reuters poll of economists.
Political turmoil drags South Korea’s growth outlook to 1.6-1.7%, warns BOK
South Korea’s central bank warned that prolonged political instability following the martial law crisis could drag the country’s annual economic growth rate to the mid-1% range. The BOK slashed Korea’s 2025 growth forecast to 1.
(LEAD) S. Korea's 2025 growth outlook to be slashed to 1.6-1.7 pct amid martial law crisis: BOK
The Bank of Korea (BOK) said Monday its outlook for South Korea's economic growth this year may be lowered to as low as 1.6 percent due to a political crisis sparked by suspended President Yoon Suk Yeol and weak domestic demand.
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 ...
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 ...
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 ...
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 ...
Reuters2d
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 ...
The Heritage Foundation6d
An Agenda for the U.S.–South Korea Strategic Economic Partnership in 2025 and Beyond
Enduring partnerships have long spanned the political, economic, cultural, and other spheres. The U.S.–South Korea bilateral relationship is one of the world’s strongest and most successful.
RTE Online9d
How South Korea became a cultural powerhouse
Squid Game's second season is the latest instalment of Korean culture's economic success story – so what's the secret?
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, ...