The Bank of Korea published preliminary national accounts data for the fourth quarter and annual 2024, reporting that real gross domestic product rose 0.1% quarter on quarter in Q4 2024, consistent with the advance estimate, while real gross national income increased 1.3% over the quarter.
Bank of Korea 2025-03-05
Bank of Korea reports 0.1% quarter-on-quarter real GDP growth and 1.3% real GNI growth in Q4 2024
The Bank of Korea released preliminary national accounts data for Q4 and the full year 2024, confirming a 0.1% quarter-on-quarter rise in real GDP, aligning with the advance estimate. Real gross national income increased by 1.3% over the same period.