South Korea's Economy Grew 2.0% in 2024 After a Lackluster Fourth-Quarter

Show Business and Finance Publications

Thu, January 23, 2025

[ Thu, Jan 23rd ]: Reuters

Los Angeles artists, collectors reel from wildfires

[ Thu, Jan 23rd ]: Reuters

India set to raise farm budget by over 15%, biggest increase in six years

[ Thu, Jan 23rd ]: Tuko

Kenya's Debt Distress: Govt Warned to Reduce Borr .. ing, Cut Taxes to Salvage Falling Economy in 2025

[ Thu, Jan 23rd ]: Forbes

How Companies Can Incorporate AI Into Everyday Tasks

[ Thu, Jan 23rd ]: businessday

Meet the top 10 tech founders accelerating Nigeria's digital space

[ Thu, Jan 23rd ]: Forbes

FinCrime In The Age Of AI

[ Thu, Jan 23rd ]: Forbes

How Trump's First Round Of Executive Orders May Impact Jobs And Housing Costs

[ Thu, Jan 23rd ]: Forbes

Why The "Bitcoin President" Is Really More Of An "Ethereum President"

[ Thu, Jan 23rd ]: MSN

Supported by the Luxembourg Government, the LHoFT .. nounce the 2nd Edition of Catapult | SE Asia 2025

[ Thu, Jan 23rd ]: MSN

Stevens Point Common Council clears path for Business 51 reconstruction to begin in 2026

[ Thu, Jan 23rd ]: Reuters

Exclusive: The Trump connection - Why some bought World Liberty Financial tokens

[ Thu, Jan 23rd ]: Reuters

Britain appoints Alok Sharma to chair Transition Finance Council

[ Thu, Jan 23rd ]: Reuters

Boosting gas output while keeping prices low a tough task for Trump

[ Thu, Jan 23rd ]: MSN

These Are The Cheapest Grocery Stores In America Right Now

[ Thu, Jan 23rd ]: Goodreturns

Budget 2025 Expectations: What's In Store For Taxpayers Under The New Tax Regime?

[ Thu, Jan 23rd ]: MSN

L&T Finance Ltd. Records Consol. PAT at Rs. 2,007 .. h of 14 percent Over 9 Months Ended Dec. 31, 2023

[ Thu, Jan 23rd ]: cnbctv18

Why banks are nervous amid economic and regulatory shifts

[ Thu, Jan 23rd ]: cnbctv18

Budget 2025 Expectation Highlights: India Inc outlines key expectations from FM Sitharaman

[ Thu, Jan 23rd ]: Reuters

Swedbank operating profit beats forecast, hikes dividend

[ Thu, Jan 23rd ]: Upstream

Halliburton financials hit by softer markets in Americas

[ Thu, Jan 23rd ]: AOL

PepsiCo CEO: Not worried about being targeted by Trump administration's food industry critics

[ Thu, Jan 23rd ]: Reuters

Discover Financial fourth-quarter profit jumps on lower loan loss provisions

[ Thu, Jan 23rd ]: MSN

The government is on a charm offensive in Davos, but businesses are sceptical

[ Thu, Jan 23rd ]: MSN

Why Checking Your Loan Amount With A Gold Loan Calculator Is A Must

[ Thu, Jan 23rd ]: MSN

Alphabet Inc. (GOOGL): Revolutionizing AI-Powered Media with Gemini and AP Collaboration

Wed, January 22, 2025

[ Wed, Jan 22nd ]: Kiplinger

Four Ways to Invest in Quantum Computing

[ Wed, Jan 22nd ]: Reuters

Volkswagen seeks new era in Germany with old methods

[ Wed, Jan 22nd ]: AOL

The abrupt closing of activist short-seller Hinde .. hlights 'wear and tear' of betting against stocks

[ Wed, Jan 22nd ]: AOL

Salesforce CEO Marc Benioff's war of words with Microsoft rages on at Davos

[ Wed, Jan 22nd ]: AOL

C3 AI Teams Up With McKinsey For AI-Driven Business Transformations: Details

[ Wed, Jan 22nd ]: Reuters

Commerzbank says UniCredit's approach is hostile and unilateral

[ Wed, Jan 22nd ]: Forbes

Unlocking Impact: A Strategic Guide To Blended Finance

[ Wed, Jan 22nd ]: Forbes

20 Go-To Resources For Small Business Finances

[ Wed, Jan 22nd ]: Reuters

US clean power groups turn to longer deals to finance growth

[ Wed, Jan 22nd ]: AOL

Walgreens replaced its refrigerator doors with di .. den glass. It might become a $200 million debacle

[ Wed, Jan 22nd ]: Kiplinger

Why GE Vernova Stock Is Higher After Its Earnings Miss

[ Wed, Jan 22nd ]: Forbes

Retailers Flooded By Returns Need A Three-Pronged Fix

[ Wed, Jan 22nd ]: Reuters

BlackRock and Weinstein's Saba reach settlement in battle over closed-end funds

[ Wed, Jan 22nd ]: Mint

Ally Offloads Credit-Card Business, $2.3 Billion Loan Portfolio

[ Wed, Jan 22nd ]: Crikey

Qantas, startups, 'soft corruption': Joe Aston on going it alone

[ Wed, Jan 22nd ]: MSN

Budget 2025 Expectations: Will FM Nirmala Sitharaman Ease Capital Gains Tax? Here's What We Know

[ Wed, Jan 22nd ]: Outlookindia

Exclusive Interview With Himalay Goel: Driving Innovation In Fintech And Investment Banking

[ Wed, Jan 22nd ]: Forbes

The Cost Of Confidence: How Overconfidence Could Destroy Your Business

[ Wed, Jan 22nd ]: MSN

UK replaces competition watchdog's chair with ex-Amazon boss after anti-growth criticism

[ Wed, Jan 22nd ]: MSN

Trump's tariffs on Mexico, Canada: Companies that have raised alarms

[ Wed, Jan 22nd ]: MSN

Save more than $1,000 a year by switching to the envelope budget

[ Wed, Jan 22nd ]: MSN

Pisces Daily Horoscope Today (Feb 19-Mar 20), January 22, 2025: Focus on improving health!

[ Wed, Jan 22nd ]: MSN

PNC CD Rates: Pros, Cons, and Current Rates

South Korea's Economy Grew 2.0% in 2024 After a Lackluster Fourth-Quarter

//business-finance.news-articles.net/content/202 .. 0-in-2024-after-a-lackluster-fourth-quarter.html

Published in Business and Finance on Wednesday, January 22nd 2025 at 19:20 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic demand weighed on Asia's fourth-largest economy.

195x130/4510 Bytes

South Korea's economy experienced a 2.0% growth in 2024, following a lackluster performance in the fourth quarter, as reported by the Bank of Korea. Despite the annual growth, the final quarter saw a contraction of 0.4% on a seasonally adjusted basis, primarily due to a significant drop in exports, particularly in the semiconductor sector. This downturn was somewhat offset by a robust increase in private consumption, which rose by 0.2% in the last quarter, driven by spending on services. However, the overall economic growth for the year was below expectations, reflecting challenges in global demand and domestic economic conditions. The government and the central bank are now focusing on strategies to boost exports and stimulate domestic demand to ensure a more balanced economic recovery.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/south-korea-s-economy-grew-2-0-in-2024-after-a-lackluster-fourth-quarter/ar-AA1xGvQH ]