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Analysis by Region - Asia Pacific - South Korea

Publisher Oxford Economics
Published Sep 30, 2025
Length 9 Pages
SKU # OFE20535970

Description

The economy is likely to grow at a below-trend pace of 1.7% y/y next year, following a modestly-upgraded 0.8% y/y this year. Overall growth should slow sequentially from hereon as external demand softens and investment lags, with policy easing providing the main buffer against global trade and tariff risks.

Table of Contents

9 Pages
South Korea: Policy support will limit the consequences of less trade
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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