International agencies including WB, IMF, UN, EC, and OECD say that real GDP growth in South Korea reached the peak of 6.5% in 2010 following the all-time low of 0.7% in 2009. However, all graphs show GDP growth remaining stable of about 2.7% last two years.
UN and EC predict it to stay at the same level while IMF expects GDP growth to rise to 3% and stabilize after that.
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World in 2020
Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.