2023: South Korea's overseas direct investment decreased 22.2% to $63.38bn due to US high-interest rates and European geopolitical risks.
South Korea's overseas direct investment decreased 22.2% in 2023, according to government data, reaching $63.38bn. This fall is attributed to external uncertainties such as high-interest rates in the US and geopolitical risks in Europe. Investment in finance and insurance, manufacturing, and real estate industries saw significant declines, while mining sector investment rose 40.1%.
March 15, 2024
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