This indicator measures the year-over-year growth rate of South Korea's Gross Domestic Product (GDP).
Releases at
00:00
Thursday, October 29, 2026 at 00:00
GDP growth reflects the overall health and size of South Korea's economy, indicating how much the economy has expanded or contracted compared to the same period last year.
Investors and policymakers watch GDP growth to assess economic momentum, which influences central bank decisions on interest rates and monetary policy.
Stronger GDP growth can boost investor confidence in the South Korean market and currency, while weaker growth may raise concerns about economic slowdown.
Positive for the South Korean won (KRW) and equity markets as it signals a robust economy.
Negative for KRW and equities due to concerns about economic weakness.
Markets typically show little reaction as the data confirms current economic outlooks.