South Korean economists predict slower 2025 growth due to U.S. trade policies and labor issues.

South Korea's economists predict a slower economic growth rate of 1.6% for 2025, lower than the government's forecast of 1.8%. This comes after the country's GDP per capita surpassed $36,000 in 2024, up 1.28% from the previous year. Economists also highlighted concerns over US trade policies and called for labor market reforms to boost competitiveness.

2 months ago
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