South Korea’s Economy Expands 2.0% in 2024

South Korea’s Economy Grew 2.0% in 2024 After a Lackluster Fourth-Quarter
Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic demand weighed on Asia’s fourth-largest economy.
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.
S.Korea's economy barely grows in Q4 as political crisis jolts 2025 outlook
South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts already weakened domestic demand and threatens to further sap growth in a year of rising external risks under a second Trump presidency.
South Korea fourth-quarter GDP grows at its slowest pace in six quarters, missing expectations
South Korea's economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second quarter of 2023. Advance figures showed the figure missed the 1.4% expansion expected by economists polled by Reuters,
(2nd LD) S. Korean economy logs weaker-than-expected growth in 2024; Q4 growth misses forecast
The South Korean economy posted weaker-than-expected growth last year amid slowing export growth, sagging domestic demand and a political crisis, central bank data showed Thursday. The economic expansion in the fourth quarter also came far below the earlier forecast by the Bank of Korea
South Korea’s Q4 2024 GDP Growth Misses Expectations Amid Political Crisis
South Koreas economy barely expanded in Q4 2024, with GDP growing just 0.1% quarter-on-quarter, missing the 0.2% forecast, according to the Bank of Korea. Domestic demand struggled due to the nations most severe
Korea's economy grows 0.1% in Q4, annual growth misses expectations
Korea’s economy grew 2 percent in 2024, falling short of the 2.1 percent projected by the government, as the fourth-quarter growth missed the target by a significant margin amid political turmoil.
South Korea Q4 GDP +0.1% q/q, weaker than forecast
South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, amid the country's worst ...
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 ...
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 ...
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 ...
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 ...
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 ...
Mining Technology6d
Korea Zinc’s nickel sulphate process designated as national strategic technology
The South Korean government has recognised Korea Zinc's nickel sulphate manufacturing technology as a national strategic ...
Reuters3d
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 ...