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OECD Raises S. Korea's 2026 Growth Forecast to 3.7 Pct

Summary by UPI
The Organization for Economic Cooperation and Development on Wednesday raised its 2026 economic growth forecast for South Korea to 3.7 percent, citing the country's robust exports.

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The Organization for Economic Cooperation and Development (OECD) has raised its forecast for South Korea's economic growth rate this year to 3.7%. While releasing its interim economic outlook on the 23rd, the OECD projected South Korea's growth rate for this year at 3.7%. This represents a 1.1 percentage point increase from the forecast of 2.6% made last June. It is the largest upward revision among G20 countries. The forecast for next year's ec…

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The Organization for Economic Cooperation and Development (OECD) drastically raised the forecast for Korea's economic growth rate to 3.7% this year. This is the largest adjustment among the 20 major countries' (G20) forecasts announced together on this day, and was based on semiconductor-centered export growth and consumption recovery. According to the Interim Economic Forecast published on the 23rd, OISD

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“Strong growth in production and exports is driving growth”... The inflation rate is forecast to be 3% The Organization for Economic Cooperation and Development (OECD) raised the forecast by 1.1 percentage points (p) in 3 months, saying that Korea's economic growth rate will be in the middle to late 3% this year. Oil prices, etc.

The Organization for Economic Cooperation and Development (OECD) has significantly raised its forecast for South Korea's economic growth rate this year to 3.7%. This is the highest among forecasts from major institutions, and the magnitude of the upward revision was also the largest among the G20 nations. It reflects a positive outlook that the export boom driven by semiconductors will directly translate into economic growth. In its "Interim Eco…

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Wednesday, September 23, 2026.
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