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South Korea's Economy Surges 1.2% Amid Export Boom

10/28/2025

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Story summary
  • South Korea's economy grew 1.2% in Q3 2025, the fastest in 18 months, per the Bank of Korea.
  • Growth was driven by strong exports, especially semiconductors, and a 1.3% rise in private consumption aided by government stimulus.
  • Year-on-year GDP rose 1.7%, surpassing analysts' expectations.
  • But sustainability remains uncertain amid potential U.S. tariffs; the Bank of Korea expects 0.9% growth for 2025, with a revised outlook in November.