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 25, 2024
Korea’s economy is forecast to rebound to an above-potential rate of 2.3 percent in 2024, supported by continued strengthening in goods exports, especially semiconductors.
April 8, 2024
The ASEAN region is expected to benefit from a combination of these favorable factors, with growth in 2024 and 2025 forecast at 4.8 and 4.9 percent, respectively while growth in the Plus-3 region is expected to remain robust at 4.3 and 4.1 percent, respectively.
December 27, 2023
Korea’s near-term growth outlook is expected to continue improving, reflecting the upturn in manufacturing exports, especially semiconductors.
April 27, 2023
With a market capitalization of KRW23 trillion by H1 2022, Korea has been a hotspot for the virtual asset market due to lucrative returns on virtual asset trading, the so-called “Kimchi premium”.
April 27, 2023
As a highly open economy, Korea is sensitive to unexpected shifts in the U.S. monetary policy stance.
April 20, 2023
Key takeaways from the Bank of Korea and the Riksbank’s pilot projects.
April 18, 2023
During 2022, the Korean won (KRW) exchange rate was highly volatile as the U.S. economy emerged from the pandemic and the U.S. dollar (USD) strengthened following the hawkish policy stance of the U.S. Federal Reserve.
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.
April 4, 2023
Watch the highlights of AMRO’s 2022 Annual Consultation Report on Korea. The Korean economy is forecast to moderate to 1.7 percent in 2023. The economic outlook in the near term…
