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South Korea's economy stagnated, ranking 29th among major economies with minimal GDP growth in Q4 2024.
South Korea ranked 29th out of 37 major economies in GDP growth for the fourth quarter of 2024, with a growth rate of 0.066%.
Economic struggles stem from weak domestic demand and political instability, affecting consumer and investor confidence.
The economy has faced a decline in exports and construction investment, with experts skeptical about the Bank of Korea's optimistic growth projection for the first quarter of 2025.
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La economía de Corea del Sur se estancó, situándose en el puesto 29 entre las principales economías con un crecimiento mínimo del PIB en el cuarto trimestre de 2024.