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South Korea GDP Growth Rate QoQ
In addition to having an export-oriented economy, South Korea is the world's top manufacturer of screens and memory semiconductors, as well as the world's second-largest manufacturer of ships. The services sector accounts for the greatest proportion of GDP (about 57% of GDP). Services with the highest importance are those related to public administration (6%), education (5.3%), information and communication (5%), and corporate activities (4.6%). South Korea's manufacturing industry is significant, and it has helped the country become a major exporter accounting for 32% of the country's GDP.
A higher than expected figure should be seen as positive (bullish) for the KRW while a lower than expected figure should be seen as negative (bearish) for the KRW.
News (KRW)
South Korea GDP Contracts 0.2% In Q1
South Korea's gross domestic product was down a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said in Thursday's preliminary reading.
RTTNews | 7h 58min ago
South Korea GDP Slips 0.2% In Q1
South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said in Thursday's preliminary reading.
RTTNews | 8h 11min ago
South Korea Producer Prices Steady In March
Producer prices in South Korea were flat on a monthly basis for the second straight month in March, the Bank of Korea said on Tuesday.
RTTNews | 2 days ago
