March 21, 2025
Growth improved in 2024 on the back of strong exports, driven by the upswing in the global semiconductor cycle.
April 25, 2024
The near-term outlook for the Korean economy has improved, supported by the recovery of exports, and inflation is expected to decline further toward the target.
April 4, 2023
The Korean economy has recovered strongly from the pandemic, led by robust export growth and a strong rebound in private consumption. However, inflation remains elevated and the economic outlook in the near term has deteriorated amid tighter financial conditions and weakening external demand.
August 23, 2021
Korea’s economy is forecast to rebound strongly in 2021 led by a strong global recovery and robust demand for electronics, autos and other manufactured products.
February 17, 2020
After a moderation in 2019, Korea’s economic growth is expected to pick up to 2.2* percent in 2020, supported by a rebound of demand for memory chips led by 5G installation in many countries.
December 21, 2018
The Korean economy is projected to grow at 2.7 percent in 2018 and moderate to 2.6 percent in 2019.
March 27, 2018
The 2017 Annual Consultation Report on Korea provides an assessment of the state of the Korean economy in 2017, short-term economic outlook, risks and vulnerabilities facing the economy, and policy recommendation.
