FX.co ★ South Korea's GDP Surges to 3.4% in the First Quarter of 2024

South Korea's economy showcased robust growth as the Gross Domestic Product (GDP) surged to 3.4% in the first quarter of 2024, marking a significant increase from the previous quarter's 2.2%. The latest data, updated on April 24, 2024, indicates a positive momentum in the country's economic performance.

The Year-over-Year comparison reveals a notable improvement in South Korea's GDP, highlighting a strong economic rebound within the past year. With this steady growth trajectory, South Korea is poised to continue its economic expansion and cement its position as a key player in the global market. Investors and analysts are closely monitoring the country's economic indicators to gauge the long-term sustainability of this upward trend.