In the first half of this year, the domestic real economy continued to grow as exports and consumption rose alongside the recovery of domestic and foreign demand. However, growth is slowing due to the re-emergence of COVID-19 in the beginning of the year, rising global geopolitical instability,...

Korean economy has recently exhibited signs of a slowdown as the Euro debt crisis and the impact of the economic slowdown in advanced countries spreads to exports. The manner in which the Euro debt crisis unfolds can be regarded as the most significant variable in the economic outlook for 2012....

The real economy of South Korea recorded negative growth rate in the aftermath of COVID-19 outbreak until the second quarter of last year, but rebounded faster than expected as the pandemic was brought under control and economic activities resumed. Under the assumption that the viral threat is...

In 2012, Korean economy has experienced an overall sluggish growth largely due to its slow export growth amid the lagging world economy, trigged by the Euro debt crisis. The world economy is expected to recover to some degree in 2013. Nevertheless, a high level of global uncertainty will...

In 2017, the global economy is expected to grow faster than the previous year thanks to the expansionary policies from the major countries. Predictions of oil prices indicate that factors attributed to the fall such as the increasing oil production in the U.S., and a rise in the interest rate...

The economic growth of Korea largely depends on construction investment since only construction investment has continuously taken an upturn under the circumstance where the real economy recently shown sluggish indicators, for example, in exports. In 2017, in the world economy, the growth rate of...

The real economy in South Korea is displaying unmistakable signs of sluggishness, as exports continue to decline and domestic consumption remains slack. In 2019, the global economy is expected to grow at a slower rate than the previous year due to the continued economic slowdown in developed...

The real economy of South Korea maintained a low growth rate in 2019, as exports continued to decline and domestic consumption growth stagnated while the decline in investments eased off. In the second quarter, private consumption grew by around two percent, lower than the previous year, while...

The Korean economy is seeing a gradual recovery in both domestic demand and exports. Consumption, investment and exports are continuing on a path of recovery. Leading indicators and the external environment imply that the recovery will remain on track for some time. Global economic growth will...

As for domestic leading industries for 2015, exports are expected to grow 3.4%, which is somewhat higher than 2014 while the growth of production and domestic demand are prospected to slightly slow down. Meanwhile, factors expected to serve as major variables are the possible persistence of the...