The overall composite Business Survey Index for the manufacturing sector in Q2 2022 remained under the baseline (100). However, most feeder indices have increased compared to the previous quarter. Specifically, business conditions (90), sales (95), domestic demand (94), exports (96), and others...

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...

Over recent decades, the Korean economy has experienced three economic crises: the IMF crisis, the Global Financial Crisis and the COVID-19 pandemic. Even though those economic crises had different causes, they have had (and continue to have) drastic repercussions in the Korean economy. In the...

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...

Korea’s real economy in early 2018 saw relatively weak exports, with domestic demand exhibiting a slowdown as both consumption and investment declined. While the global economy this year is expected to maintain growth similar to last year’s rate thanks to expansion in both advanced and...

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...