In its World Economic Outlook released on the 22nd, the IMF forecasts that South Korea's real GDP growth rate for this year will be 1.0%.
Meanwhile, the Bank of Korea and the Organization for Economic Cooperation and Development (OECD) have forecast that the Korean economy will grow by 1.5% this year, and the Korean government and the Korea Development Institute (KDI) have also forecast that the Korean economy will grow by 1.5% this year.
The National Development Institute (NDI) projected growth rates of 1.8% and 1.6%, respectively. The IMF also lowered its forecast for South Korea's economic growth rate next year from 2.1% to 1.4%.
The IMF did not include a specific assessment of the downward revision of South Korea's growth rate in this report, but the South Korean economy, which is highly dependent on trade with the United States and China,
It appears that the growth rate has been revised downward significantly to reflect the structure.
2025/04/23 07:30 KST
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