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Korea’s 2026 Growth Forecast Raised to 3.3%
<IMF Releases October World Economic Outlook>
- Korea’s economic growth is supported by strong semiconductor-led external demand that more than offsets the headwinds from the Middle East conflict.
- Korea’s growth forecasts were revised up to 3.3% for 2026 (+0.7 pp) and 2.8% for 2027 (+0.3 pp) from the July projections.
2026
2027
July Forecast(%)
October Forecast(%)
Revision
(pp)
July Forecast(%)
October Forecast(%)
Revision (pp)
Korea
2.6
3.3
+0.7
2.5
2.8
+0.3
World
3.0
3.1
+0.1
3.4
3.4
0.0
