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flag South Korea's construction industry hit a 25-year low in 2024, with revenue dropping 3.8% due to high costs and weak demand.

flag South Korea's construction industry saw its steepest revenue drop in 25 years in 2024, with total sales falling 3.8% to 487.7 trillion won, driven by a 5.6% decline in domestic sales and rising project risks. flag Overseas revenue rose 17.1%, but the workforce declined 2.8% to 1.759 million. flag The downturn was attributed to high financing costs, inflation, and weak demand, particularly in non-metropolitan areas.

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