Seoul: SiltaNews – News Desk
The Korean economy expanded 1% in 2025 amid strong exports but recorded negative growth in the fourth quarter, central bank data showed on Tuesday. The country’s real gross domestic product (GDP), a key measure of economic growth, contracted 0.2% from the previous quarter in the October-December period, compared with an earlier estimate of a 0.3% contraction, according to preliminary data released by the Bank of Korea (BOK).
This marked the country’s first quarterly contraction since the January-March period of last year, when the economy shrank 0.2%. On a yearly basis, GDP grew 1.6% in the fourth quarter, down from a 1.8% expansion in the previous quarter. For the entire year of 2025, the economy expanded 1%, matching the BOK’s earlier estimate and slowing from the previous year’s 2% growth.