Sør-Korea - BNP årlig vekstrate

The South Korean economy advanced 2.0 percent year-on-year in the third quarter of 2019, matching growth for the previous period but coming modestly below expectations of 2.1 percent. Growth slowed for services while picked up for agriculture and manufacturing.

The South Korean economy advanced 2.0 percent year-on-year in the second quarter of 2019, compared to a preliminary estimate of 2.1 percent and following a 1.7 percent expansion in the previous period. Growth was mainly boosted by utilities and services, while manufacturing growth slowed.

The South Korean economy advanced 2.1 percent year-on-year in the three months to June 2019, following a 1.7 percent expansion in the previous quarter and beating market expectations of 2.0 percent, preliminary data showed. Growth was mainly boosted by utilities, manufacturing and services.

The South Korean economy expanded 1.7 percent year-on-year in the three months to March 2019, easing from a downwardly revised 2.9 percent growth in the previous quarter (vs original 3.1 percent) and compared to the original estimate and market expectations of 1.8 percent, final data showed. It was the weakest growth rate since the third quarter of 2009, amid a slowdown in manufacturing and a sharp contraction in construction.

The South Korean economy expanded 1.8 percent year-on-year in the three months to March 2019, decelerating sharply from a 3.1 percent growth in the previous quarter and well below market expectations of a 2.5 percent expansion, advanced data showed. It was the weakest growth print since the third quarter of 2009, explained by a sharp contraction in the construction sector and tepid growth in manufacturing.

The South Korean economy expanded 3.1 percent year-on-year in the three months to December 2018, accelerating from a 2.0 percent growth in the previous quarter and in line with the preliminary estimate and market consensus, final data showed. It was the fastest growth rate since the third quarter of 2017, mainly driven by manufacturing; utilities; services and agriculture, forestry & fishing. On a quarterly basis, the economy grew 1.0 percent in the last quarter of the year, higher than a 0.6 percent gain in the prior quarter. Considering full 2018, the GDP advanced 2.7 percent, the slowest annual growth rate since 2012, compared to a 3.1 percent expansion in the 2017.