Analysis by Region - Asia Pacific - South Korea

We've nudged down our 2025 GDP growth forecast for South Korea by 0.3ppts to 1.3% y/y. High-frequency indicators haven't bounced back as much as we had expected after the earlier Lunar New Year season. By component, we mainly revised real exports and investment downward. We expect Q1 growth to be just 0.2% y/y.


South Korea: Trade volumes have contracted
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings