The South Korean economy's potential growth rate may fall to around 0 percent in the 2040s due largely to demographic changes ...

If the forecasts hold, it would mark the longest stretch of near-flat growth in South Korea's economy in decades. The Bank of Korea (BOK), in a report on April 17, warned the export-driven economy ...

SEOUL (Reuters) -South Korea's parliament approved a supplementary government budget on Thursday of 13.8 trillion won ($9.7 ...

Growth gradually moderated in the 1990s as the economy matured but remained strong enough to propel South Korea into the ranks of the advanced economies of the OECD by 1997. These policies also ...

South Korea’s GDP contracted 0.1% in the first quarter of 2025, according to advance figures, missing the 0.1% rise expected by Reuters’ poll, and is the first contraction since the fourth quarter of ...

SEOUL--South Korea’s economy ... Setting out its first economic policy initiatives, the new government of President Yoon Suk-yeol said it had lowered this year’s growth forecast to 2.6 percent ...

The International Monetary Fund this week sharply revised down its growth forecast for South Korea for the year, cutting it from 2.0 percent to 1.0 percent. "The South Korean economy is facing ...

[SEOUL] South Korea’s government proposed on Friday (Apr 18) a supplementary 12.2 trillion won (S$11.3 billion) budget to counter heightening risks to economic growth in the face of a global trade war ...

South Korea is bracing for the impact of the Trump administration's tariffs, as reflected in its economic downturn and ...

[SEOUL] South Korea’s export growth stalled in April in a worrisome sign for the trade-driven economy as officials scramble to cope with Donald Trump’s sweeping tariff campaign. The value of shipments ...

If the forecasts hold, it would mark the longest stretch of near-flat growth in South Korea's economy in decades. The Bank of Korea (BOK), in a report on April 17, warned the export-driven economy ...