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News Briefing
Korea’s GDP Increased by 2.0 % in 2024 (Preliminary Estimate)
Apr 2025
Korea’s real gross domestic product (GDP) grew by 2.0 percent in 2024, according to the Bank of Korea’s 
preliminary estimate released on March 5. In the fourth quarter of 2024, the Korean economy rose 0.1 percent 
quarter-on-quarter and 1.2 percent year-on-year.



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