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%.