South Korea Q1 GDP Growth Hits 1.694%

South Korea has emerged as the fastest-growing major economy in the first quarter of the year, marking a significant milestone in the nation’s recent economic trajectory. According to data from the Bank of Korea’s Economic Statistics System, South Korea’s Q1 GDP growth reached 1.694%, placing the country at the top of a list comprising 22 … Read more

Bank of Korea Announces Q4 GDP Growth Recovery After Previous Contraction

South Korea’s economy rebounded in the first quarter of 2026, driven by a surge in semiconductor exports that lifted gross domestic product growth to 1.7 percent on a quarter-on-quarter basis, according to the Bank of Korea. The expansion marked a sharp reversal from the previous quarter’s contraction and exceeded most analysts’ expectations, underscoring the outsized … Read more

Record High Household Debt in Korea: Loan Restrictions Aren’t Enough

2026-01-12 20:06:00 가계빚 부담이 심각하다. 한국은행에 따르면 가계대출 차주의 1인당 평균 잔액은 지난해 3분기 기준 9천721만원으로 역대 최고였다. 40대는 1억1천467만원으로 가장 많았고, 30대 이하와 50대 모두 최대치를 경신했다. 대출자는 크게 늘지 않았지만, 전체 대출 잔액은 6분기 연속 증가해 가계부채의 양적(量的) 확대가 두드러졌다. 가계부채는 GDP 대비 90%대로 매우 높다. 한국은행은 ‘가계부채가 민간 소비와 경제 성장에 부담을 … Read more