Doing Business
in Korea

Summary and Assessment* ■ The Korean economy is experiencing a slight easing in export contraction, yet external uncertainties, such as economic instability in China, are intensifying. ● The slowdown in manufacturing production is gradually easing, largely fueled by the semiconductor sector, while services production continues on a modest growth path. - The decrease in semiconductor exports is decelerating, and other categories are also exhibiting signs of better export pe

Here’s a look at Korea’s major economic indicators that provide an overview of the country’s recent economic developments. Summary and Assessment* ■ The contraction in the Korean economy is gradually moderating. ● Services production continues on a modest upward trajectory, and the sluggishness in manufacturing production is showing signs of moderation, led by semiconductors. - The service industry continued a robust trend in employment, while the manufacturing industry wit

Here’s a look at Korea’s major economic indicators that provide an overview of the country’s recent economic developments. Summary and Assessment* ■ The Korean economy appears to be navigating its economic trough, with a partial easing in the downturn of the manufacturing industry. ● The manufacturing industry shows signs of moderating contraction, as evidenced by a slower decrease in production and exports, notably in semiconductors.. - The downturn in semiconductor produc

■ Economic Activity :The slowdown in economic activity remained unabated, primarily driven by the manufacturing sector. A series of...

Summary and Assessment* ■ The Korean economy remains sluggish, with exports falling sharply, but the steep decline has been somewhat...

Here’s a look at Korea’s major economic indicators that provide an overview of the country’s recent economic developments. January...

Here’s a look at Korea’s major economic indicators that provide an overview of the country’s recent economic developments ※ source:...

Korea’s Major Economic Indicators from 2017 to 2021 ※ Source: International Monetary Fund (IMF), Bank of Korea (BOK), Korea International...

Here’s a look at Korea’s major economic indicators that provide an overview of the country’s recent economic developments. ※ Source: International Monetary Fund (IMF), Bank of Korea (BOK), Korea International Trade Association (KITA), Ministry of Trade, Industry and Energy (MOTIE) October Economic Trends The economy added 707,000 jobs year-on-year in September 2022 and the unemployment rate fell by 0.3 percentage points from a year ago to 2.4 percent. The growth of consumer p

Here’s a look at Korea’s major economic indicators that provide an overview of the country’s recent economic developments. ※ source :...