LOGO

Financial news
Home
Knowledge Hub
South Korea Q2 GDP -0.2% q/q, unchanged from advanced estimate
2024-09-05 06:52:19

SEOUL (Reuters) - South Korea's economy shrank 0.2% in the second quarter, revised central bank data showed on Thursday, unchanged from its advance estimate issued in July.


It was the sharpest quarterly contraction since the fourth quarter of 2022 when the economy shrank by 0.5%.


On an annual basis, gross domestic product was 2.3% higher in the April-June quarter, weaker than the 3.3% growth logged in the first quarter.

create_account

×
1
personal_identification
2
address_verification
3
employment_financial_profile
4
trading_experience_risk_awareness
5
professional_account_eligibility
6
source_of_funds_compliance
7
corporate_entity_information
8
review_submit

personal_identification

valid_email_address
valid_phone
valid_password
valid_confirm_password
field_required
field_required
field_required
field_required
field_required
field_required
field_required
field_required
field_required

address_verification

field_required
field_required
field_required

employment_financial_profile

field_required
field_required
field_required
field_required
savings_and_investments_excluding_property_help
field_required

trading_experience_risk_awareness

field_required
field_required
field_required
field_required

professional_account_eligibility (optional)

source_of_funds_compliance

field_required

corporate_entity_information

complete_this_section_if_corporate_account

review_submit

review_submit_note
field_required
field_required
field_required

registration_successful

registration_successful_message